Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$5,614
Income Tax
- S$205
Central Provident Fund (CPF)
- S$1,122
Total tax
- S$1,328
Net pay
* S$4,286
Marginal tax rate
26.9%
Average tax rate
23.7%
76.3%
Net pay
23.7%
Total tax
Total tax
Net pay
The Taxberg
S$4,286
Net pay
S$955
Tax the employer pays
S$1,328
Tax you pay
Total tax paid
S$2,282
Did you know your employer also pays tax on your salary? It costs the employer S$955 to pay you S$5,614. In other words, every time you spend S$10 of your hard-earned money, S$4.07 goes to the government.
Real tax rate
34.7%
So, with you and the employer both paying tax, what used to be a 23.7% tax rate now rises to 34.7%, meaning your real tax rate is actually 11% higher than what it seemed at first.
People also ask
S$67,368 yearly is how much per hour?
S$29.44 hourly is how much per year?
What is the average salary in Singapore?
Summary
If you make S$67,368 a year living in Singapore, you will be taxed S$15,933. That means that your net pay will be S$51,435 per year, or S$4,286 per month. Your average tax rate is 23.7% 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
Europe
Country 
Net pay
Average tax
Rank
Russia
SGD 58,610
13.0%
1
Switzerland
SGD 56,892
15.6%
2
Hungary
SGD 54,905
18.5%
3
Ukraine
SGD 54,231
19.5%
4
United Kingdom
SGD 52,144
22.6%
5
Czech Republic
SGD 51,581
23.4%
6
France
SGD 51,287
23.9%
7
Ireland
SGD 51,010
24.3%
8
Norway
SGD 50,081
25.7%
9
Spain
SGD 48,361
28.2%
10
Luxembourg
SGD 46,815
30.5%
11
Sweden
SGD 46,447
31.1%
12
Austria
SGD 46,137
31.5%
13
Denmark
SGD 45,379
32.6%
14
Greece
SGD 43,837
34.9%
15
Poland
SGD 42,460
37.0%
16
Netherlands
SGD 42,395
37.1%
17
Germany
SGD 42,361
37.1%
18
Finland
SGD 40,150
40.4%
19
Italy
SGD 39,566
41.3%
20
Romania
SGD 39,410
41.5%
21
Portugal
SGD 38,138
43.4%
22
Belgium
SGD 32,512
51.7%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 53,020
21.3%
1
Canada
SGD 48,046
28.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 60,302
10.5%
1
Taiwan
SGD 58,097
13.8%
2
Thailand
SGD 55,458
17.7%
3
Kazakhstan
SGD 54,218
19.5%
4
South Korea
SGD 54,006
19.8%
5
Australia
SGD 52,474
22.1%
6
Singapore
SGD 51,435
23.7%
7
New Zealand
SGD 51,426
23.7%
8
Indonesia
SGD 50,479
25.1%
9
Pakistan
SGD 49,763
26.1%
10
Japan
SGD 49,718
26.2%
11
Malaysia
SGD 48,613
27.8%
12
Philippines
SGD 47,867
29.0%
13
Vietnam
SGD 45,982
31.7%
14
China
SGD 44,788
33.5%
15
India
SGD 41,357
38.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 60,664
10.0%
1
Costa Rica
SGD 55,936
17.0%
2
Puerto Rico
SGD 55,802
17.2%
3
Chile
SGD 55,678
17.4%
4
Panama
SGD 53,169
21.1%
5
Ecuador
SGD 53,057
21.2%
6
Colombia
SGD 51,245
23.9%
7
Peru
SGD 50,341
25.3%
8
Brazil
SGD 49,592
26.4%
9
Mexico
SGD 48,997
27.3%
10
Uruguay
SGD 45,770
32.1%
11
Argentina
SGD 43,780
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 49,242
26.9%
1
South Africa
SGD 47,902
28.9%
2
Kenya
SGD 47,834
29.0%
3
Mozambique
SGD 46,742
30.6%
4
Nigeria
SGD 45,990
31.7%
5
Ghana
SGD 45,896
31.9%
6
Ivory Coast
SGD 44,571
33.8%
7
Morocco
SGD 43,842
34.9%
8
Cameroon
SGD 42,663
36.7%
9
Senegal
SGD 41,948
37.7%
10
Uganda
SGD 41,823
37.9%
11
Zambia
SGD 41,821
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 64,000
5.0%
1
Qatar
SGD 64,000
5.0%
2
Bahrain
SGD 61,979
8.0%
3
Oman
SGD 61,979
8.0%
4
Saudi Arabia
SGD 60,631
10.0%
5
Kuwait
SGD 59,958
11.0%
6
Israel
SGD 52,743
21.7%
7
Egypt
SGD 50,895
24.5%
8
Lebanon
SGD 50,779
24.6%
9
Turkey
SGD 39,492
41.4%
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.