Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$48,726
Income Tax
- S$8,566
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$9,766
Net pay
* S$38,960
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$38,960
Net pay
S$1,020
Tax the employer pays
S$9,766
Tax you pay
Total tax paid
S$10,786
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$48,726. 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$584,712 a year living in Singapore, you will be taxed S$117,187. That means that your net pay will be S$467,525 per year, or S$38,960 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.
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
North America
Country 
Net pay
Average tax
Rank
USA
SGD 355,434
39.2%
1
Canada
SGD 302,972
48.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 517,151
11.6%
1
Hong Kong
SGD 489,698
16.3%
2
Singapore
SGD 467,525
20.0%
3
Indonesia
SGD 400,232
31.6%
4
Thailand
SGD 398,491
31.9%
5
Pakistan
SGD 386,037
34.0%
6
Taiwan
SGD 384,512
34.2%
7
Vietnam
SGD 382,256
34.6%
8
Philippines
SGD 372,414
36.3%
9
New Zealand
SGD 370,909
36.6%
10
Malaysia
SGD 370,361
36.7%
11
China
SGD 359,563
38.5%
12
Japan
SGD 350,441
40.1%
13
South Korea
SGD 345,975
40.8%
14
Australia
SGD 335,584
42.6%
15
India
SGD 290,374
50.3%
16
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 570,539
2.4%
1
Bahrain
SGD 566,935
3.0%
2
Saudi Arabia
SGD 565,474
3.3%
3
United Arab Emirates
SGD 555,476
5.0%
4
Qatar
SGD 555,476
5.0%
5
Oman
SGD 537,935
8.0%
6
Egypt
SGD 438,903
24.9%
7
Lebanon
SGD 438,787
25.0%
8
Turkey
SGD 340,798
41.7%
9
Israel
SGD 325,073
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.