Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$15,125
Income Tax
- S$3,228
Central Provident Fund (CPF)
- S$55.38
Total tax
- S$3,283
Net pay
*
S$11,842
Marginal tax rate
22.0%
Average tax rate
21.7%
78.3%
Net pay
21.7%
Total tax
Total tax
Net pay
The Taxberg
S$11,842
Net pay
S$47.08
Tax the employer pays
S$3,283
Tax you pay
Total tax paid
S$3,331
Did you know your employer also pays tax on your salary? It costs the employer S$47.08 to pay you S$15,125. In other words, every time you spend S$10 of your hard-earned money, S$2.20 goes to the government.
Real tax rate
22.0%
So, with you and the employer both paying tax, what used to be a 21.7% tax rate now rises to 22.0%, meaning your real tax rate is actually 0.3% higher than what it seemed at first.
Summary
If you make S$3,932,500 a year living in Singapore, you will be taxed S$853,700. That means that your net pay will be S$3,078,800 per year, or S$256,567 per month. Your average tax rate is 21.7% 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 2,142,909
45.5%
1
Canada
SGD 1,858,703
52.7%
2
Africa
Country
Net pay
Average tax
Rank
Angola
SGD 2,861,125
27.2%
1
Kenya
SGD 2,753,427
30.0%
2
Ivory Coast
SGD 2,681,652
31.8%
3
Nigeria
SGD 2,675,052
32.0%
4
Ghana
SGD 2,602,681
33.8%
5
Mozambique
SGD 2,559,078
34.9%
6
Zambia
SGD 2,418,877
38.5%
7
Cameroon
SGD 2,395,948
39.1%
8
Morocco
SGD 2,386,065
39.3%
9
Senegal
SGD 2,361,027
40.0%
10
South Africa
SGD 2,176,161
44.7%
11
Uganda
SGD 2,167,646
44.9%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Kuwait
SGD 3,918,327
0.4%
1
Saudi Arabia
SGD 3,913,262
0.5%
2
Bahrain
SGD 3,881,245
1.3%
3
United Arab Emirates
SGD 3,735,875
5.0%
4
Qatar
SGD 3,735,875
5.0%
5
Oman
SGD 3,617,900
8.0%
6
Egypt
SGD 2,949,744
25.0%
7
Lebanon
SGD 2,949,628
25.0%
8
Turkey
SGD 2,290,583
41.8%
9
Israel
SGD 1,998,967
49.2%
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.