Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$4,916
Income Tax
- S$157
Central Provident Fund (CPF)
- S$983
Total tax
- S$1,140
Net pay
* S$3,776
Marginal tax rate
27.2%
Average tax rate
23.2%
76.8%
Net pay
23.2%
Total tax
Total tax
Net pay
The Taxberg
S$3,776
Net pay
S$836
Tax the employer pays
S$1,140
Tax you pay
Total tax paid
S$1,976
Did you know your employer also pays tax on your salary? It costs the employer S$836 to pay you S$4,916. In other words, every time you spend S$10 of your hard-earned money, S$4.02 goes to the government.
Real tax rate
34.3%
So, with you and the employer both paying tax, what used to be a 23.2% tax rate now rises to 34.3%, meaning your real tax rate is actually 11.1% higher than what it seemed at first.
People also ask
S$58,992 yearly is how much per hour?
S$25.78 hourly is how much per year?
What is the average salary in Singapore?
Summary
If you make S$58,992 a year living in Singapore, you will be taxed S$13,676. That means that your net pay will be S$45,316 per year, or S$3,776 per month. Your average tax rate is 23.2% and your marginal tax rate is 27.2%. 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$27.16, hence, your net pay will only increase by S$72.84.
Bonus Example
A S$1,000 bonus will generate an extra S$728 of net incomes. A S$5,000 bonus will generate an extra S$3,642 of net incomes.
Compare average tax
Tax per income
S$4,500
S$5,000
S$5,500
S$6,000
S$6,500
S$7,000
S$7,500
S$8,000
S$8,500
S$9,000
S$9,500
S$10,000
S$10,500
S$11,000
S$11,500
S$12,000
S$12,500
S$13,000
S$13,500
S$14,000
North America
Country 
Net pay
Average tax
Rank
USA
SGD 46,825
20.6%
1
Canada
SGD 42,312
28.3%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 53,250
9.7%
1
Puerto Rico
SGD 50,025
15.2%
2
Costa Rica
SGD 49,564
16.0%
3
Chile
SGD 48,471
17.8%
4
Ecuador
SGD 47,923
18.8%
5
Panama
SGD 46,833
20.6%
6
Colombia
SGD 45,733
22.5%
7
Peru
SGD 44,312
24.9%
8
Brazil
SGD 43,519
26.2%
9
Mexico
SGD 43,438
26.4%
10
Uruguay
SGD 40,683
31.0%
11
Argentina
SGD 38,336
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 43,148
26.9%
1
South Africa
SGD 42,928
27.2%
2
Kenya
SGD 41,971
28.9%
3
Mozambique
SGD 41,298
30.0%
4
Ghana
SGD 40,355
31.6%
5
Nigeria
SGD 40,292
31.7%
6
Ivory Coast
SGD 39,378
33.3%
7
Morocco
SGD 38,766
34.3%
8
Cameroon
SGD 37,563
36.3%
9
Uganda
SGD 37,216
36.9%
10
Senegal
SGD 36,923
37.4%
11
Zambia
SGD 36,670
37.8%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 56,042
5.0%
1
Qatar
SGD 56,042
5.0%
2
Bahrain
SGD 54,273
8.0%
3
Oman
SGD 54,273
8.0%
4
Saudi Arabia
SGD 53,093
10.0%
5
Kuwait
SGD 52,503
11.0%
6
Israel
SGD 46,846
20.6%
7
Egypt
SGD 44,613
24.4%
8
Lebanon
SGD 44,497
24.6%
9
Turkey
SGD 34,613
41.3%
10
Show more
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.