Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$7,384
Income Tax
- S$362
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$1,562
Net pay
* S$5,822
Marginal tax rate
11.5%
Average tax rate
21.1%
78.9%
Net pay
21.1%
Total tax
Total tax
Net pay
The Taxberg
S$5,822
Net pay
S$1,020
Tax the employer pays
S$1,562
Tax you pay
Total tax paid
S$2,582
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$7,384. In other words, every time you spend S$10 of your hard-earned money, S$3.50 goes to the government.
Real tax rate
30.7%
So, with you and the employer both paying tax, what used to be a 21.1% tax rate now rises to 30.7%, meaning your real tax rate is actually 9.6% higher than what it seemed at first.
People also ask
S$88,608 yearly is how much per hour?
S$38.73 hourly is how much per year?
What is the average salary in Singapore?
Summary
If you make S$88,608 a year living in Singapore, you will be taxed S$18,740. That means that your net pay will be S$69,868 per year, or S$5,822 per month. Your average tax rate is 21.2% 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
Tax per income
S$7,500
S$8,000
S$8,500
S$9,000
S$9,500
S$10,000
S$10,500
S$11,000
S$11,500
S$12,000
S$12,500
S$13,000
S$13,500
S$14,000
S$14,500
S$15,000
S$15,500
S$16,000
S$16,500
S$17,000
North America
Country 
Net pay
Average tax
Rank
USA
SGD 67,201
24.2%
1
Canada
SGD 62,526
29.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 77,932
12.1%
1
Taiwan
SGD 74,768
15.6%
2
Kazakhstan
SGD 71,423
19.4%
3
Thailand
SGD 70,821
20.1%
4
Singapore
SGD 69,868
21.2%
5
South Korea
SGD 69,165
21.9%
6
Australia
SGD 66,386
25.1%
7
New Zealand
SGD 65,362
26.2%
8
Japan
SGD 65,010
26.6%
9
Indonesia
SGD 64,866
26.8%
10
Pakistan
SGD 63,569
28.3%
11
China
SGD 63,122
28.8%
12
Malaysia
SGD 62,401
29.6%
13
Philippines
SGD 61,744
30.3%
14
Vietnam
SGD 59,788
32.5%
15
India
SGD 50,966
42.5%
16
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 64,694
27.0%
1
Kenya
SGD 62,702
29.2%
2
Mozambique
SGD 60,548
31.7%
3
Nigeria
SGD 60,437
31.8%
4
South Africa
SGD 60,433
31.8%
5
Ghana
SGD 59,946
32.4%
6
Ivory Coast
SGD 58,868
33.6%
7
Morocco
SGD 56,713
36.0%
8
Cameroon
SGD 55,595
37.3%
9
Zambia
SGD 54,884
38.1%
10
Senegal
SGD 54,692
38.3%
11
Uganda
SGD 53,505
39.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 84,178
5.0%
1
Qatar
SGD 84,178
5.0%
2
Bahrain
SGD 81,519
8.0%
3
Oman
SGD 81,519
8.0%
4
Saudi Arabia
SGD 79,747
10.0%
5
Kuwait
SGD 79,117
10.7%
6
Egypt
SGD 66,825
24.6%
7
Lebanon
SGD 66,709
24.7%
8
Israel
SGD 65,860
25.7%
9
Turkey
SGD 51,862
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.