Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$491,695
Income Tax
- S$106,019
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$107,219
Net pay
*
S$384,476
Marginal tax rate
22.0%
Average tax rate
21.8%
78.2%
Net pay
21.8%
Total tax
Total tax
Net pay
The Taxberg
S$384,476
Net pay
S$1,020
Tax the employer pays
S$107,219
Tax you pay
Total tax paid
S$108,239
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$491,695. In other words, every time you spend S$10 of your hard-earned money, S$2.20 goes to the government.
Real tax rate
22.0%
So, with you and the employer both paying tax, what used to be a 21.8% tax rate now rises to 22.0%, meaning your real tax rate is actually 0.2% higher than what it seemed at first.
Summary
If you make S$5,900,340 a year living in Singapore, you will be taxed S$1,286,625. That means that your net pay will be S$4,613,715 per year, or S$384,476 per month. Your average tax rate is 21.8% 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
Europe
Country
Net pay
Average tax
Rank
Russia
SGD 5,133,296
13.0%
1
Hungary
SGD 4,808,777
18.5%
2
Ukraine
SGD 4,749,774
19.5%
3
Czech Republic
SGD 4,541,850
23.0%
4
Romania
SGD 3,451,699
41.5%
5
Poland
SGD 3,399,598
42.4%
6
Greece
SGD 3,306,938
44.0%
7
Switzerland
SGD 3,158,425
46.5%
8
Norway
SGD 3,122,466
47.1%
9
Luxembourg
SGD 3,119,356
47.1%
10
United Kingdom
SGD 3,083,181
47.8%
11
Italy
SGD 3,082,976
47.8%
12
Spain
SGD 3,079,979
47.8%
13
Denmark
SGD 3,039,492
48.5%
14
Netherlands
SGD 2,991,939
49.3%
15
Sweden
SGD 2,963,487
49.8%
16
Austria
SGD 2,938,353
50.2%
17
Germany
SGD 2,878,364
51.2%
18
Ireland
SGD 2,851,964
51.7%
19
France
SGD 2,492,980
57.8%
20
Belgium
SGD 2,212,806
62.5%
21
Finland
SGD 2,192,971
62.8%
22
Portugal
SGD 2,136,070
63.8%
23
Show more
North America
Country
Net pay
Average tax
Rank
USA
SGD 3,191,768
45.9%
1
Canada
SGD 2,773,166
53.0%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
SGD 5,301,216
10.2%
1
Hong Kong
SGD 4,901,669
16.9%
2
Singapore
SGD 4,613,715
21.8%
3
Indonesia
SGD 3,993,597
32.3%
4
Thailand
SGD 3,853,649
34.7%
5
Pakistan
SGD 3,841,195
34.9%
6
Vietnam
SGD 3,837,414
35.0%
7
Philippines
SGD 3,672,533
37.8%
8
New Zealand
SGD 3,613,442
38.8%
9
Taiwan
SGD 3,573,889
39.4%
10
Malaysia
SGD 3,507,125
40.6%
11
China
SGD 3,283,158
44.4%
12
Japan
SGD 3,215,183
45.5%
13
Australia
SGD 3,152,867
46.6%
14
South Korea
SGD 3,116,942
47.2%
15
India
SGD 970,601
83.6%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Guatemala
SGD 5,223,316
11.5%
1
Brazil
SGD 4,278,497
27.5%
2
Costa Rica
SGD 3,975,745
32.6%
3
Panama
SGD 3,947,365
33.1%
4
Mexico
SGD 3,841,666
34.9%
5
Argentina
SGD 3,835,212
35.0%
6
Puerto Rico
SGD 3,822,170
35.2%
7
Colombia
SGD 3,630,577
38.5%
8
Peru
SGD 3,624,489
38.6%
9
Uruguay
SGD 3,620,102
38.7%
10
Chile
SGD 3,572,802
39.5%
11
Ecuador
SGD 3,384,167
42.6%
12
Show more
Africa
Country
Net pay
Average tax
Rank
Angola
SGD 4,292,729
27.3%
1
Kenya
SGD 4,130,915
30.0%
2
Ivory Coast
SGD 4,024,358
31.8%
3
Nigeria
SGD 4,013,577
32.0%
4
Ghana
SGD 3,904,407
33.8%
5
Mozambique
SGD 3,838,174
35.0%
6
Zambia
SGD 3,629,099
38.5%
7
Cameroon
SGD 3,594,068
39.1%
8
Morocco
SGD 3,578,553
39.4%
9
Senegal
SGD 3,541,731
40.0%
10
South Africa
SGD 3,258,473
44.8%
11
Uganda
SGD 3,249,958
44.9%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Kuwait
SGD 5,886,167
0.2%
1
Saudi Arabia
SGD 5,881,102
0.3%
2
Bahrain
SGD 5,829,407
1.2%
3
United Arab Emirates
SGD 5,605,323
5.0%
4
Qatar
SGD 5,605,323
5.0%
5
Oman
SGD 5,428,313
8.0%
6
Egypt
SGD 4,425,624
25.0%
7
Lebanon
SGD 4,425,508
25.0%
8
Turkey
SGD 3,436,673
41.8%
9
Israel
SGD 2,982,887
49.5%
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.