Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$86,710
Income Tax
- S$16,922
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$18,122
Net pay
* S$68,588
Marginal tax rate
22.0%
Average tax rate
20.9%
79.1%
Net pay
20.9%
Total tax
Total tax
Net pay
The Taxberg
S$68,588
Net pay
S$1,020
Tax the employer pays
S$18,122
Tax you pay
Total tax paid
S$19,142
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$86,710. 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 20.9% tax rate now rises to 21.8%, meaning your real tax rate is actually 0.9% higher than what it seemed at first.
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Summary
If you make S$1,040,520 a year living in Singapore, you will be taxed S$217,464. That means that your net pay will be S$823,056 per year, or S$68,588 per month. Your average tax rate is 20.9% 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$86,500
S$87,000
S$87,500
S$88,000
S$88,500
S$89,000
S$89,500
S$90,000
S$90,500
S$91,000
S$91,500
S$92,000
S$92,500
S$93,000
S$93,500
S$94,000
S$94,500
S$95,000
S$95,500
S$96,000
North America
Country 
Net pay
Average tax
Rank
USA
SGD 601,484
42.2%
1
Canada
SGD 514,788
50.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 927,378
10.9%
1
Hong Kong
SGD 868,019
16.6%
2
Singapore
SGD 823,056
20.9%
3
Indonesia
SGD 708,359
31.9%
4
Thailand
SGD 694,766
33.2%
5
Pakistan
SGD 682,312
34.4%
6
Vietnam
SGD 678,531
34.8%
7
Taiwan
SGD 657,997
36.8%
8
Philippines
SGD 655,394
37.0%
9
New Zealand
SGD 648,952
37.6%
10
Malaysia
SGD 639,880
38.5%
11
China
SGD 610,257
41.4%
12
Japan
SGD 596,089
42.7%
13
South Korea
SGD 583,582
43.9%
14
Australia
SGD 577,162
44.5%
15
India
SGD 411,381
60.5%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 921,982
11.4%
1
Brazil
SGD 755,127
27.4%
2
Costa Rica
SGD 713,591
31.4%
3
Panama
SGD 703,435
32.4%
4
Mexico
SGD 682,783
34.4%
5
Puerto Rico
SGD 680,297
34.6%
6
Argentina
SGD 676,329
35.0%
7
Uruguay
SGD 668,441
35.8%
8
Colombia
SGD 666,203
36.0%
9
Chile
SGD 656,910
36.9%
10
Peru
SGD 647,850
37.7%
11
Ecuador
SGD 611,810
41.2%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 757,210
27.2%
1
Kenya
SGD 729,041
29.9%
2
Ivory Coast
SGD 708,381
31.9%
3
Nigeria
SGD 707,928
32.0%
4
Ghana
SGD 689,636
33.7%
5
Mozambique
SGD 679,291
34.7%
6
Zambia
SGD 640,310
38.5%
7
Cameroon
SGD 635,166
39.0%
8
Morocco
SGD 633,560
39.1%
9
Senegal
SGD 625,839
39.9%
10
South Africa
SGD 585,572
43.7%
11
Uganda
SGD 577,057
44.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 1,026,347
1.4%
1
Saudi Arabia
SGD 1,021,282
1.9%
2
Bahrain
SGD 1,018,185
2.2%
3
United Arab Emirates
SGD 988,494
5.0%
4
Qatar
SGD 988,494
5.0%
5
Oman
SGD 957,278
8.0%
6
Egypt
SGD 780,759
25.0%
7
Lebanon
SGD 780,643
25.0%
8
Turkey
SGD 606,265
41.7%
9
Israel
SGD 552,977
46.9%
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.