Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$5,043
Income Tax
- S$166
Central Provident Fund (CPF)
- S$1,009
Total tax
- S$1,174
Net pay
* S$3,869
Marginal tax rate
26.9%
Average tax rate
23.3%
76.7%
Net pay
23.3%
Total tax
Total tax
Net pay
The Taxberg
S$3,869
Net pay
S$857
Tax the employer pays
S$1,174
Tax you pay
Total tax paid
S$2,031
Did you know your employer also pays tax on your salary? It costs the employer S$857 to pay you S$5,043. In other words, every time you spend S$10 of your hard-earned money, S$4.03 goes to the government.
Real tax rate
34.4%
So, with you and the employer both paying tax, what used to be a 23.3% tax rate now rises to 34.4%, meaning your real tax rate is actually 11.1% higher than what it seemed at first.
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Summary
If you make S$60,516 a year living in Singapore, you will be taxed S$14,089. That means that your net pay will be S$46,427 per year, or S$3,869 per month. Your average tax rate is 23.3% and your marginal tax rate is 26.9%. 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$26.92, hence, your net pay will only increase by S$73.08.
Bonus Example
A S$1,000 bonus will generate an extra S$731 of net incomes. A S$5,000 bonus will generate an extra S$3,654 of net incomes.
Compare average tax
Tax per income
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
S$14,500
S$15,000
North America
Country 
Net pay
Average tax
Rank
USA
SGD 47,953
20.8%
1
Canada
SGD 43,315
28.4%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 54,599
9.8%
1
Puerto Rico
SGD 51,187
15.4%
2
Costa Rica
SGD 50,724
16.2%
3
Chile
SGD 49,785
17.7%
4
Ecuador
SGD 48,987
19.1%
5
Panama
SGD 47,986
20.7%
6
Colombia
SGD 46,752
22.8%
7
Peru
SGD 45,419
25.0%
8
Brazil
SGD 44,624
26.3%
9
Mexico
SGD 44,459
26.5%
10
Uruguay
SGD 41,609
31.2%
11
Argentina
SGD 39,326
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 44,257
26.9%
1
South Africa
SGD 43,849
27.5%
2
Kenya
SGD 43,038
28.9%
3
Mozambique
SGD 42,289
30.1%
4
Ghana
SGD 41,363
31.7%
5
Nigeria
SGD 41,329
31.7%
6
Ivory Coast
SGD 40,322
33.4%
7
Morocco
SGD 39,689
34.4%
8
Cameroon
SGD 38,491
36.4%
9
Uganda
SGD 38,055
37.1%
10
Senegal
SGD 37,837
37.5%
11
Zambia
SGD 37,607
37.9%
12
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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.