Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$58,883
Income Tax
- S$10,800
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$12,000
Net pay
* S$46,883
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$46,883
Net pay
S$1,020
Tax the employer pays
S$12,000
Tax you pay
Total tax paid
S$13,020
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$58,883. 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$706,596 a year living in Singapore, you will be taxed S$144,001. That means that your net pay will be S$562,595 per year, or S$46,883 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.
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 422,483
40.2%
1
Canada
SGD 359,612
49.1%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 626,432
11.4%
1
Brazil
SGD 513,032
27.4%
2
Costa Rica
SGD 489,445
30.7%
3
Panama
SGD 480,540
32.0%
4
Mexico
SGD 465,732
34.1%
5
Uruguay
SGD 465,629
34.1%
6
Puerto Rico
SGD 464,415
34.3%
7
Colombia
SGD 462,517
34.5%
8
Argentina
SGD 459,278
35.0%
9
Chile
SGD 456,556
35.4%
10
Peru
SGD 443,321
37.3%
11
Ecuador
SGD 421,318
40.4%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 514,280
27.2%
1
Kenya
SGD 495,294
29.9%
2
Nigeria
SGD 480,793
32.0%
3
Ivory Coast
SGD 480,537
32.0%
4
Ghana
SGD 468,745
33.7%
5
Mozambique
SGD 462,241
34.6%
6
Zambia
SGD 434,946
38.4%
7
Cameroon
SGD 431,857
38.9%
8
Morocco
SGD 431,206
39.0%
9
Senegal
SGD 425,485
39.8%
10
South Africa
SGD 401,914
43.1%
11
Uganda
SGD 393,399
44.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 692,423
2.0%
1
Bahrain
SGD 687,600
2.7%
2
Saudi Arabia
SGD 687,358
2.7%
3
United Arab Emirates
SGD 671,266
5.0%
4
Qatar
SGD 671,266
5.0%
5
Oman
SGD 650,068
8.0%
6
Egypt
SGD 530,316
25.0%
7
Lebanon
SGD 530,200
25.0%
8
Turkey
SGD 411,784
41.7%
9
Israel
SGD 386,015
45.4%
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.