Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$99,699
Income Tax
- S$19,780
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$20,980
Net pay
*
S$78,719
Marginal tax rate
22.0%
Average tax rate
21.0%
79.0%
Net pay
21.0%
Total tax
Total tax
Net pay
The Taxberg
S$78,719
Net pay
S$1,020
Tax the employer pays
S$20,980
Tax you pay
Total tax paid
S$22,000
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$99,699. 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 21% tax rate now rises to 21.8%, meaning your real tax rate is actually 0.8% higher than what it seemed at first.
Summary
If you make S$1,196,388 a year living in Singapore, you will be taxed S$251,755. That means that your net pay will be S$944,633 per year, or S$78,719 per month. Your average tax rate is 21.0% 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 684,561
42.8%
1
Canada
SGD 587,221
50.9%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
SGD 1,067,659
10.8%
1
Hong Kong
SGD 997,389
16.6%
2
Singapore
SGD 944,633
21.0%
3
Indonesia
SGD 813,725
32.0%
4
Thailand
SGD 796,080
33.5%
5
Pakistan
SGD 783,626
34.5%
6
Vietnam
SGD 779,845
34.8%
7
Philippines
SGD 752,162
37.1%
8
Taiwan
SGD 751,518
37.2%
9
New Zealand
SGD 744,031
37.8%
10
Malaysia
SGD 731,840
38.8%
11
China
SGD 695,984
41.8%
12
Japan
SGD 680,090
43.2%
13
South Korea
SGD 664,834
44.4%
14
Australia
SGD 659,772
44.9%
15
India
SGD 429,317
64.1%
16
Show more
Middle East
Country
Net pay
Average tax
Rank
Kuwait
SGD 1,182,215
1.2%
1
Saudi Arabia
SGD 1,177,150
1.6%
2
Bahrain
SGD 1,172,494
2.0%
3
United Arab Emirates
SGD 1,136,569
5.0%
4
Qatar
SGD 1,136,569
5.0%
5
Oman
SGD 1,100,677
8.0%
6
Egypt
SGD 897,660
25.0%
7
Lebanon
SGD 897,544
25.0%
8
Turkey
SGD 697,044
41.7%
9
Israel
SGD 630,911
47.3%
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.