Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$88,768
Income Tax
- S$17,375
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$18,575
Net pay
*
S$70,193
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$70,193
Net pay
S$1,020
Tax the employer pays
S$18,575
Tax you pay
Total tax paid
S$19,595
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$88,768. 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.
Summary
If you make S$1,065,216 a year living in Singapore, you will be taxed S$222,898. That means that your net pay will be S$842,318 per year, or S$70,193 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
North America
Country
Net pay
Average tax
Rank
USA
SGD 614,647
42.3%
1
Canada
SGD 526,265
50.6%
2
Africa
Country
Net pay
Average tax
Rank
Angola
SGD 775,176
27.2%
1
Kenya
SGD 746,328
29.9%
2
Ivory Coast
SGD 725,232
31.9%
3
Nigeria
SGD 724,726
32.0%
4
Ghana
SGD 705,972
33.7%
5
Mozambique
SGD 695,344
34.7%
6
Zambia
SGD 655,498
38.5%
7
Cameroon
SGD 650,202
39.0%
8
Morocco
SGD 648,526
39.1%
9
Senegal
SGD 640,657
39.9%
10
South Africa
SGD 599,155
43.8%
11
Uganda
SGD 590,640
44.6%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Kuwait
SGD 1,051,043
1.3%
1
Saudi Arabia
SGD 1,045,978
1.8%
2
Bahrain
SGD 1,042,634
2.1%
3
United Arab Emirates
SGD 1,011,955
5.0%
4
Qatar
SGD 1,011,955
5.0%
5
Oman
SGD 979,999
8.0%
6
Egypt
SGD 799,281
25.0%
7
Lebanon
SGD 799,165
25.0%
8
Turkey
SGD 620,648
41.7%
9
Israel
SGD 565,325
46.9%
10
Show more
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.