Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$21,217
Income Tax
- S$4,568
Central Provident Fund (CPF)
- S$55.38
Total tax
- S$4,624
Net pay
*
S$16,593
Marginal tax rate
22.0%
Average tax rate
21.8%
78.2%
Net pay
21.8%
Total tax
Total tax
Net pay
The Taxberg
S$16,593
Net pay
S$47.08
Tax the employer pays
S$4,624
Tax you pay
Total tax paid
S$4,671
Did you know your employer also pays tax on your salary? It costs the employer S$47.08 to pay you S$21,217. 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 21.8% tax rate now rises to 22.0%, meaning your real tax rate is actually 0.2% higher than what it seemed at first.
Summary
If you make S$5,516,420 a year living in Singapore, you will be taxed S$1,202,162. That means that your net pay will be S$4,314,258 per year, or S$359,521 per month. Your average tax rate is 21.8% 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 2,987,138
45.9%
1
Canada
SGD 2,594,757
53.0%
2
Africa
Country
Net pay
Average tax
Rank
Angola
SGD 4,013,427
27.3%
1
Kenya
SGD 3,862,171
30.0%
2
Ivory Coast
SGD 3,762,400
31.8%
3
Nigeria
SGD 3,752,435
32.0%
4
Ghana
SGD 3,650,444
33.8%
5
Mozambique
SGD 3,588,626
35.0%
6
Zambia
SGD 3,392,988
38.5%
7
Cameroon
SGD 3,360,318
39.1%
8
Morocco
SGD 3,345,902
39.4%
9
Senegal
SGD 3,311,379
40.0%
10
South Africa
SGD 3,047,317
44.8%
11
Uganda
SGD 3,038,802
44.9%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Kuwait
SGD 5,502,247
0.3%
1
Saudi Arabia
SGD 5,497,182
0.4%
2
Bahrain
SGD 5,449,326
1.2%
3
United Arab Emirates
SGD 5,240,599
5.0%
4
Qatar
SGD 5,240,599
5.0%
5
Oman
SGD 5,075,106
8.0%
6
Egypt
SGD 4,137,684
25.0%
7
Lebanon
SGD 4,137,568
25.0%
8
Turkey
SGD 3,213,074
41.8%
9
Israel
SGD 2,790,927
49.4%
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.