Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$62,999
Income Tax
- S$11,706
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$12,906
Net pay
* S$50,093
Marginal tax rate
22.0%
Average tax rate
20.5%
79.5%
Net pay
20.5%
Total tax
Total tax
Net pay
The Taxberg
S$50,093
Net pay
S$1,020
Tax the employer pays
S$12,906
Tax you pay
Total tax paid
S$13,926
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$62,999. In other words, every time you spend S$10 of your hard-earned money, S$2.21 goes to the government.
Real tax rate
21.8%
So, with you and the employer both paying tax, what used to be a 20.5% tax rate now rises to 21.8%, 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$755,988 a year living in Singapore, you will be taxed S$154,867. That means that your net pay will be S$601,121 per year, or S$50,093 per month. Your average tax rate is 20.5% 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$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
S$68,500
S$69,000
S$69,500
S$70,000
S$70,500
S$71,000
S$71,500
S$72,000
North America
Country 
Net pay
Average tax
Rank
USA
SGD 449,331
40.6%
1
Canada
SGD 382,565
49.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 671,299
11.2%
1
Hong Kong
SGD 631,857
16.4%
2
Singapore
SGD 601,121
20.5%
3
Indonesia
SGD 516,015
31.7%
4
Thailand
SGD 509,820
32.6%
5
Pakistan
SGD 497,366
34.2%
6
Vietnam
SGD 493,585
34.7%
7
Taiwan
SGD 487,278
35.5%
8
Philippines
SGD 478,747
36.7%
9
New Zealand
SGD 475,387
37.1%
10
Malaysia
SGD 472,008
37.6%
11
China
SGD 453,764
40.0%
12
Japan
SGD 442,746
41.4%
13
South Korea
SGD 435,259
42.4%
14
Australia
SGD 426,360
43.6%
15
India
SGD 374,300
50.5%
16
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 550,213
27.2%
1
Kenya
SGD 529,868
29.9%
2
Nigeria
SGD 514,389
32.0%
3
Ivory Coast
SGD 514,238
32.0%
4
Ghana
SGD 501,418
33.7%
5
Mozambique
SGD 494,345
34.6%
6
Zambia
SGD 465,323
38.5%
7
Cameroon
SGD 461,929
38.9%
8
Morocco
SGD 461,137
39.0%
9
Senegal
SGD 455,120
39.8%
10
South Africa
SGD 429,080
43.2%
11
Uganda
SGD 420,564
44.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 741,815
1.9%
1
Saudi Arabia
SGD 736,750
2.5%
2
Bahrain
SGD 736,498
2.6%
3
United Arab Emirates
SGD 718,189
5.0%
4
Qatar
SGD 718,189
5.0%
5
Oman
SGD 695,509
8.0%
6
Egypt
SGD 567,360
25.0%
7
Lebanon
SGD 567,244
25.0%
8
Turkey
SGD 440,551
41.7%
9
Israel
SGD 410,711
45.7%
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.