Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$88,921
Income Tax
- S$17,408
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$18,608
Net pay
* S$70,313
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$70,313
Net pay
S$1,020
Tax the employer pays
S$18,608
Tax you pay
Total tax paid
S$19,628
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$88,921. 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$1,067,052 a year living in Singapore, you will be taxed S$223,301. That means that your net pay will be S$843,751 per year, or S$70,313 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$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
S$96,500
S$97,000
S$97,500
S$98,000
Europe
Country 
Net pay
Average tax
Rank
Russia
SGD 928,335
13.0%
1
Hungary
SGD 869,647
18.5%
2
Ukraine
SGD 858,977
19.5%
3
Czech Republic
SGD 820,218
23.1%
4
Romania
SGD 624,225
41.5%
5
Poland
SGD 617,823
42.1%
6
Switzerland
SGD 604,184
43.4%
7
Greece
SGD 600,297
43.7%
8
United Kingdom
SGD 581,955
45.5%
9
Norway
SGD 580,156
45.6%
10
Spain
SGD 576,336
46.0%
11
Austria
SGD 572,801
46.3%
12
Luxembourg
SGD 566,413
46.9%
13
Denmark
SGD 563,804
47.2%
14
Netherlands
SGD 551,128
48.4%
15
Sweden
SGD 546,387
48.8%
16
Germany
SGD 535,427
49.8%
17
Ireland
SGD 531,986
50.1%
18
France
SGD 496,832
53.4%
19
Italy
SGD 493,941
53.7%
20
Finland
SGD 413,355
61.3%
21
Belgium
SGD 406,128
61.9%
22
Portugal
SGD 396,086
62.9%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 615,625
42.3%
1
Canada
SGD 527,118
50.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 951,257
10.9%
1
Hong Kong
SGD 890,040
16.6%
2
Singapore
SGD 843,751
20.9%
3
Indonesia
SGD 726,294
31.9%
4
Thailand
SGD 712,012
33.3%
5
Pakistan
SGD 699,558
34.4%
6
Vietnam
SGD 695,777
34.8%
7
Taiwan
SGD 673,916
36.8%
8
Philippines
SGD 671,866
37.0%
9
New Zealand
SGD 665,136
37.7%
10
Malaysia
SGD 655,533
38.6%
11
China
SGD 624,850
41.4%
12
Japan
SGD 610,387
42.8%
13
South Korea
SGD 597,413
44.0%
14
Australia
SGD 591,224
44.6%
15
India
SGD 414,434
61.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 945,465
11.4%
1
Brazil
SGD 774,363
27.4%
2
Costa Rica
SGD 731,401
31.5%
3
Panama
SGD 721,145
32.4%
4
Mexico
SGD 700,028
34.4%
5
Puerto Rico
SGD 697,450
34.6%
6
Argentina
SGD 693,575
35.0%
7
Uruguay
SGD 684,556
35.9%
8
Colombia
SGD 682,387
36.1%
9
Chile
SGD 672,830
37.0%
10
Peru
SGD 664,101
37.8%
11
Ecuador
SGD 626,945
41.3%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 776,512
27.2%
1
Kenya
SGD 747,613
29.9%
2
Ivory Coast
SGD 726,485
31.9%
3
Nigeria
SGD 725,975
32.0%
4
Ghana
SGD 707,187
33.7%
5
Mozambique
SGD 696,537
34.7%
6
Zambia
SGD 656,627
38.5%
7
Cameroon
SGD 651,320
39.0%
8
Morocco
SGD 649,638
39.1%
9
Senegal
SGD 641,759
39.9%
10
South Africa
SGD 600,165
43.8%
11
Uganda
SGD 591,649
44.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 1,052,879
1.3%
1
Saudi Arabia
SGD 1,047,814
1.8%
2
Bahrain
SGD 1,044,452
2.1%
3
United Arab Emirates
SGD 1,013,699
5.0%
4
Qatar
SGD 1,013,699
5.0%
5
Oman
SGD 981,688
8.0%
6
Egypt
SGD 800,658
25.0%
7
Lebanon
SGD 800,542
25.0%
8
Turkey
SGD 621,718
41.7%
9
Israel
SGD 566,243
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.