Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$58,464
Income Tax
- S$10,708
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$11,908
Net pay
* S$46,556
Marginal tax rate
22.0%
Average tax rate
20.4%
79.6%
Net pay
20.4%
Total tax
Total tax
Net pay
The Taxberg
S$46,556
Net pay
S$1,020
Tax the employer pays
S$11,908
Tax you pay
Total tax paid
S$12,928
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$58,464. 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 20.4% tax rate now rises to 21.7%, meaning your real tax rate is actually 1.3% higher than what it seemed at first.
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Summary
If you make S$701,568 a year living in Singapore, you will be taxed S$142,895. That means that your net pay will be S$558,673 per year, or S$46,556 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$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
S$67,500
S$68,000
North America
Country 
Net pay
Average tax
Rank
USA
SGD 419,750
40.2%
1
Canada
SGD 357,276
49.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 622,321
11.3%
1
Hong Kong
SGD 586,688
16.4%
2
Singapore
SGD 558,673
20.4%
3
Indonesia
SGD 479,227
31.7%
4
Thailand
SGD 474,447
32.4%
5
Pakistan
SGD 461,993
34.2%
6
Vietnam
SGD 458,212
34.7%
7
Taiwan
SGD 454,626
35.2%
8
Philippines
SGD 444,962
36.6%
9
New Zealand
SGD 442,191
37.0%
10
Malaysia
SGD 439,900
37.3%
11
China
SGD 423,833
39.6%
12
Japan
SGD 413,418
41.1%
13
South Korea
SGD 406,891
42.0%
14
Australia
SGD 397,517
43.3%
15
India
SGD 347,634
50.5%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 621,982
11.3%
1
Brazil
SGD 509,387
27.4%
2
Costa Rica
SGD 486,069
30.7%
3
Panama
SGD 477,184
32.0%
4
Uruguay
SGD 462,575
34.1%
5
Mexico
SGD 462,464
34.1%
6
Puerto Rico
SGD 461,164
34.3%
7
Colombia
SGD 459,450
34.5%
8
Argentina
SGD 456,010
35.0%
9
Chile
SGD 453,539
35.4%
10
Peru
SGD 440,242
37.3%
11
Ecuador
SGD 418,449
40.4%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 510,622
27.2%
1
Kenya
SGD 491,774
29.9%
2
Nigeria
SGD 477,373
32.0%
3
Ivory Coast
SGD 477,106
32.0%
4
Ghana
SGD 465,419
33.7%
5
Mozambique
SGD 458,972
34.6%
6
Zambia
SGD 431,854
38.4%
7
Cameroon
SGD 428,795
38.9%
8
Morocco
SGD 428,159
39.0%
9
Senegal
SGD 422,468
39.8%
10
South Africa
SGD 399,149
43.1%
11
Uganda
SGD 390,633
44.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 687,395
2.0%
1
Bahrain
SGD 682,622
2.7%
2
Saudi Arabia
SGD 682,330
2.7%
3
United Arab Emirates
SGD 666,490
5.0%
4
Qatar
SGD 666,490
5.0%
5
Oman
SGD 645,443
8.0%
6
Egypt
SGD 526,545
25.0%
7
Lebanon
SGD 526,429
25.0%
8
Turkey
SGD 408,856
41.7%
9
Israel
SGD 383,501
45.3%
10
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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.