Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$7,058
Income Tax
- S$324
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$1,524
Net pay
*
S$5,534
Marginal tax rate
11.5%
Average tax rate
21.6%
78.4%
Net pay
21.6%
Total tax
Total tax
Net pay
The Taxberg
S$5,534
Net pay
S$1,020
Tax the employer pays
S$1,524
Tax you pay
Total tax paid
S$2,544
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$7,058. In other words, every time you spend S$10 of your hard-earned money, S$3.60 goes to the government.
Real tax rate
31.5%
So, with you and the employer both paying tax, what used to be a 21.6% tax rate now rises to 31.5%, meaning your real tax rate is actually 9.9% higher than what it seemed at first.
Summary
If you make S$84,696 a year living in Singapore, you will be taxed S$18,290. That means that your net pay will be S$66,406 per year, or S$5,534 per month. Your average tax rate is 21.6% and your marginal tax rate is 11.5%. 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$11.50, hence, your net pay will only increase by S$88.50.
Bonus Example
A S$1,000 bonus will generate an extra S$885 of net incomes. A S$5,000 bonus will generate an extra S$4,425 of net incomes.
Compare average tax
Europe
Country
Net pay
Average tax
Rank
Russia
SGD 73,686
13.0%
1
Switzerland
SGD 69,704
17.7%
2
Hungary
SGD 69,027
18.5%
3
Ukraine
SGD 68,180
19.5%
4
Czech Republic
SGD 64,404
24.0%
5
United Kingdom
SGD 63,710
24.8%
6
France
SGD 62,256
26.5%
7
Norway
SGD 60,883
28.1%
8
Ireland
SGD 59,934
29.2%
9
Spain
SGD 59,116
30.2%
10
Denmark
SGD 56,683
33.1%
11
Austria
SGD 55,120
34.9%
12
Sweden
SGD 55,113
34.9%
13
Luxembourg
SGD 54,762
35.3%
14
Netherlands
SGD 53,299
37.1%
15
Poland
SGD 52,433
38.1%
16
Greece
SGD 52,252
38.3%
17
Germany
SGD 50,818
40.0%
18
Romania
SGD 49,547
41.5%
19
Finland
SGD 48,332
42.9%
20
Italy
SGD 47,709
43.7%
21
Portugal
SGD 45,763
46.0%
22
Belgium
SGD 39,011
53.9%
23
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North America
Country
Net pay
Average tax
Rank
USA
SGD 64,698
23.6%
1
Canada
SGD 59,914
29.3%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Hong Kong
SGD 74,685
11.8%
1
Taiwan
SGD 71,691
15.4%
2
Kazakhstan
SGD 68,254
19.4%
3
Thailand
SGD 68,083
19.6%
4
Singapore
SGD 66,406
21.6%
5
South Korea
SGD 66,373
21.6%
6
Australia
SGD 63,824
24.6%
7
New Zealand
SGD 62,795
25.9%
8
Japan
SGD 62,321
26.4%
9
Indonesia
SGD 62,222
26.5%
10
Pakistan
SGD 61,027
28.0%
11
China
SGD 60,188
28.9%
12
Malaysia
SGD 59,877
29.3%
13
Philippines
SGD 59,188
30.1%
14
Vietnam
SGD 57,246
32.4%
15
India
SGD 48,974
42.2%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
SGD 76,000
10.3%
1
Chile
SGD 69,787
17.6%
2
Costa Rica
SGD 68,825
18.7%
3
Puerto Rico
SGD 67,472
20.3%
4
Panama
SGD 65,422
22.8%
5
Ecuador
SGD 65,114
23.1%
6
Peru
SGD 62,376
26.4%
7
Colombia
SGD 62,234
26.5%
8
Brazil
SGD 62,155
26.6%
9
Uruguay
SGD 61,739
27.1%
10
Mexico
SGD 60,281
28.8%
11
Argentina
SGD 55,043
35.0%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
SGD 61,848
27.0%
1
Kenya
SGD 59,964
29.2%
2
South Africa
SGD 58,125
31.4%
3
Mozambique
SGD 58,006
31.5%
4
Nigeria
SGD 57,776
31.8%
5
Ghana
SGD 57,358
32.3%
6
Ivory Coast
SGD 56,199
33.7%
7
Morocco
SGD 54,342
35.8%
8
Cameroon
SGD 53,213
37.2%
9
Zambia
SGD 52,478
38.0%
10
Senegal
SGD 52,345
38.2%
11
Uganda
SGD 51,354
39.4%
12
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Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
SGD 80,461
5.0%
1
Qatar
SGD 80,461
5.0%
2
Bahrain
SGD 77,920
8.0%
3
Oman
SGD 77,920
8.0%
4
Saudi Arabia
SGD 76,226
10.0%
5
Kuwait
SGD 75,537
10.8%
6
Egypt
SGD 63,891
24.6%
7
Lebanon
SGD 63,775
24.7%
8
Israel
SGD 63,485
25.0%
9
Turkey
SGD 49,584
41.5%
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.