Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$57,750
Income Tax
- S$10,551
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$11,751
Net pay
* S$45,999
Marginal tax rate
22.0%
Average tax rate
20.3%
79.7%
Net pay
20.3%
Total tax
Total tax
Net pay
The Taxberg
S$45,999
Net pay
S$1,020
Tax the employer pays
S$11,751
Tax you pay
Total tax paid
S$12,771
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$57,750. 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 20.3% tax rate now rises to 21.7%, meaning your real tax rate is actually 1.4% higher than what it seemed at first.
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Summary
If you make S$693,000 a year living in Singapore, you will be taxed S$141,010. That means that your net pay will be S$551,990 per year, or S$45,999 per month. Your average tax rate is 20.4% 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
Tax per income
S$57,500
S$58,000
S$58,500
S$59,000
S$59,500
S$60,000
S$60,500
S$61,000
S$61,500
S$62,000
S$62,500
S$63,000
S$63,500
S$64,000
S$64,500
S$65,000
S$65,500
S$66,000
S$66,500
S$67,000
North America
Country 
Net pay
Average tax
Rank
USA
SGD 415,093
40.1%
1
Canada
SGD 353,294
49.0%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 614,399
11.3%
1
Brazil
SGD 503,175
27.4%
2
Costa Rica
SGD 480,318
30.7%
3
Panama
SGD 471,465
32.0%
4
Uruguay
SGD 457,371
34.0%
5
Mexico
SGD 456,895
34.1%
6
Puerto Rico
SGD 455,625
34.3%
7
Colombia
SGD 454,224
34.5%
8
Argentina
SGD 450,441
35.0%
9
Chile
SGD 448,398
35.3%
10
Peru
SGD 434,994
37.2%
11
Ecuador
SGD 413,562
40.3%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 504,389
27.2%
1
Kenya
SGD 485,777
29.9%
2
Nigeria
SGD 471,545
32.0%
3
Ivory Coast
SGD 471,260
32.0%
4
Ghana
SGD 459,751
33.7%
5
Mozambique
SGD 453,403
34.6%
6
Zambia
SGD 426,585
38.4%
7
Cameroon
SGD 423,579
38.9%
8
Morocco
SGD 422,967
39.0%
9
Senegal
SGD 417,327
39.8%
10
South Africa
SGD 394,436
43.1%
11
Uganda
SGD 385,921
44.3%
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.