Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$48,577
Income Tax
- S$8,533
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$9,733
Net pay
* S$38,844
Marginal tax rate
22.0%
Average tax rate
20.0%
80.0%
Net pay
20.0%
Total tax
Total tax
Net pay
The Taxberg
S$38,844
Net pay
S$1,020
Tax the employer pays
S$9,733
Tax you pay
Total tax paid
S$10,753
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$48,577. In other words, every time you spend S$10 of your hard-earned money, S$2.21 goes to the government.
Real tax rate
21.7%
So, with you and the employer both paying tax, what used to be a 20% tax rate now rises to 21.7%, meaning your real tax rate is actually 1.7% higher than what it seemed at first.
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Summary
If you make S$582,924 a year living in Singapore, you will be taxed S$116,793. That means that your net pay will be S$466,131 per year, or S$38,844 per month. Your average tax rate is 20.0% and your marginal tax rate is 22.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of S$100 in your salary will be taxed S$22, hence, your net pay will only increase by S$78.
Bonus Example
A S$1,000 bonus will generate an extra S$780 of net incomes. A S$5,000 bonus will generate an extra S$3,900 of net incomes.
Compare average tax
Tax per income
S$48,500
S$49,000
S$49,500
S$50,000
S$50,500
S$51,000
S$51,500
S$52,000
S$52,500
S$53,000
S$53,500
S$54,000
S$54,500
S$55,000
S$55,500
S$56,000
S$56,500
S$57,000
S$57,500
S$58,000
Europe
Country 
Net pay
Average tax
Rank
Russia
SGD 507,144
13.0%
1
Hungary
SGD 475,083
18.5%
2
Ukraine
SGD 469,254
19.5%
3
Czech Republic
SGD 447,439
23.2%
4
Switzerland
SGD 355,475
39.0%
5
Romania
SGD 341,011
41.5%
6
Poland
SGD 339,186
41.8%
7
United Kingdom
SGD 331,419
43.2%
8
Greece
SGD 329,185
43.5%
9
Spain
SGD 325,558
44.2%
10
Norway
SGD 325,505
44.2%
11
Austria
SGD 325,387
44.2%
12
Denmark
SGD 315,826
45.8%
13
Luxembourg
SGD 310,697
46.7%
14
Netherlands
SGD 306,643
47.4%
15
Sweden
SGD 304,275
47.8%
16
Germany
SGD 300,746
48.4%
17
Ireland
SGD 299,605
48.6%
18
France
SGD 295,424
49.3%
19
Italy
SGD 274,244
53.0%
20
Finland
SGD 235,099
59.7%
21
Belgium
SGD 225,161
61.4%
22
Portugal
SGD 221,800
62.0%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 354,445
39.2%
1
Canada
SGD 302,142
48.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 515,542
11.6%
1
Hong Kong
SGD 488,214
16.3%
2
Singapore
SGD 466,131
20.0%
3
Indonesia
SGD 399,024
31.6%
4
Thailand
SGD 397,329
31.8%
5
Pakistan
SGD 384,875
34.0%
6
Taiwan
SGD 383,439
34.2%
7
Vietnam
SGD 381,094
34.6%
8
Philippines
SGD 371,304
36.3%
9
New Zealand
SGD 369,818
36.6%
10
Malaysia
SGD 369,292
36.7%
11
China
SGD 358,579
38.5%
12
Japan
SGD 349,477
40.1%
13
South Korea
SGD 345,043
40.8%
14
Australia
SGD 334,636
42.6%
15
India
SGD 289,498
50.3%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 516,972
11.3%
1
Brazil
SGD 423,370
27.4%
2
Costa Rica
SGD 406,430
30.3%
3
Panama
SGD 397,989
31.7%
4
Uruguay
SGD 390,516
33.0%
5
Colombia
SGD 387,080
33.6%
6
Mexico
SGD 385,345
33.9%
7
Puerto Rico
SGD 384,461
34.1%
8
Chile
SGD 382,353
34.4%
9
Argentina
SGD 378,891
35.0%
10
Peru
SGD 367,572
36.9%
11
Ecuador
SGD 350,767
39.8%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 424,309
27.2%
1
Kenya
SGD 408,723
29.9%
2
Nigeria
SGD 396,671
32.0%
3
Ivory Coast
SGD 396,152
32.0%
4
Ghana
SGD 386,936
33.6%
5
Mozambique
SGD 381,854
34.5%
6
Zambia
SGD 358,888
38.4%
7
Cameroon
SGD 356,559
38.8%
8
Morocco
SGD 356,262
38.9%
9
Senegal
SGD 351,282
39.7%
10
South Africa
SGD 333,894
42.7%
11
Uganda
SGD 325,379
44.2%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 568,751
2.4%
1
Bahrain
SGD 565,165
3.1%
2
Saudi Arabia
SGD 563,686
3.3%
3
United Arab Emirates
SGD 553,778
5.0%
4
Qatar
SGD 553,778
5.0%
5
Oman
SGD 536,290
8.0%
6
Egypt
SGD 437,562
24.9%
7
Lebanon
SGD 437,446
25.0%
8
Turkey
SGD 339,757
41.7%
9
Israel
SGD 324,179
44.4%
10
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NOTE* Withholding is calculated based on the tables of Singapore, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. Income tax calculations include personal tax credit deductions. CPF calculations are determined for regular wages only, assuming there are no additional wages. This document does not represent legal authority and shall be used for approximation purposes only.