Income tax calculator SingaporeFind out how much your salary is after tax
Salary rate
Withholding
Salary S$977
Central Provident Fund (CPF) - S$195
Total tax - S$195
Net pay * S$782
Marginal tax rate 19.5%
Average tax rate 20.0%
20%Total tax
80%
Net payThe Taxberg
S$782
Net pay
S$166
Tax the employer pays
S$195
Tax you pay
Total tax paid
$361
Did you know your employer also pays tax on your salary? It costs the employer S$166 to pay you S$977. In other words, every time you spend $10 of your hard-earned money, $3.69 goes to the government.
Real tax rate
31.6%
So, with you and the employer both paying tax, what used to be a 20% tax rate now rises to 31.6%, meaning your real tax rate is actually 11.6% higher than what it seemed at first.
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Summary
Si vous gagnez un salaire brut de S$11,724 par an en Singapore, vous serez imposé de S$2,344. Cela signifie que votre salaire net sera de S$9,380 par an, ou S$782 par mois. Votre taux d'imposition moyen est 20.0% et votre taux d'imposition marginal est 19.5%. Ce taux d'imposition marginal signifie que votre revenu supplémentaire immédiat sera imposé à ce taux. Par exemple, une augmentation de $100 à votre salaire sera imposé de $19.5, par conséquent, votre salaire net augmentera seulement de $80.5.
Bonus ExampleA $1,000 bonus will generate an extra $805 of net incomes. A $5,000 bonus will generate an extra $4,025 of net incomes.
NOTE* Withholding is calculated based on the Singapore tables of SG, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.