Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$184
Income Tax
- S$29.18
Central Provident Fund (CPF)
- S$6.29
Total tax
- S$35.48
Net pay
*
S$149
Marginal tax rate
22.0%
Average tax rate
19.3%
80.7%
Net pay
19.3%
Total tax
Total tax
Net pay
The Taxberg
S$149
Net pay
S$5.35
Tax the employer pays
S$35.48
Tax you pay
Total tax paid
S$40.83
Did you know your employer also pays tax on your salary? It costs the employer S$5.35 to pay you S$184. In other words, every time you spend S$10 of your hard-earned money, S$2.22 goes to the government.
Real tax rate
21.6%
So, with you and the employer both paying tax, what used to be a 19.3% tax rate now rises to 21.6%, meaning your real tax rate is actually 2.3% higher than what it seemed at first.
Summary
If you make S$420,992 a year living in Singapore, you will be taxed S$81,168. That means that your net pay will be S$339,824 per year, or S$28,319 per month. Your average tax rate is 19.3% 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 264,897
37.1%
1
Canada
SGD 226,891
46.1%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
SGD 369,803
12.2%
1
Hong Kong
SGD 353,810
16.0%
2
Singapore
SGD 339,824
19.3%
3
Thailand
SGD 292,073
30.6%
4
Indonesia
SGD 289,558
31.2%
5
Taiwan
SGD 286,280
32.0%
6
Pakistan
SGD 279,619
33.6%
7
Vietnam
SGD 275,838
34.5%
8
New Zealand
SGD 271,040
35.6%
9
Philippines
SGD 270,771
35.7%
10
Malaysia
SGD 270,636
35.7%
11
China
SGD 269,517
36.0%
12
Japan
SGD 262,186
37.7%
13
South Korea
SGD 258,477
38.6%
14
Australia
SGD 248,812
40.9%
15
India
SGD 210,152
50.1%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
SGD 373,649
11.3%
1
Brazil
SGD 305,969
27.3%
2
Costa Rica
SGD 297,733
29.3%
3
Uruguay
SGD 292,165
30.6%
4
Panama
SGD 289,900
31.1%
5
Colombia
SGD 288,302
31.5%
6
Chile
SGD 285,194
32.3%
7
Mexico
SGD 280,089
33.5%
8
Puerto Rico
SGD 279,772
33.5%
9
Argentina
SGD 273,636
35.0%
10
Peru
SGD 268,389
36.3%
11
Ecuador
SGD 258,391
38.6%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
SGD 306,503
27.2%
1
Kenya
SGD 295,371
29.8%
2
Nigeria
SGD 286,525
31.9%
3
Ivory Coast
SGD 285,662
32.2%
4
Ghana
SGD 279,818
33.5%
5
Mozambique
SGD 276,598
34.3%
6
Zambia
SGD 259,300
38.4%
7
Morocco
SGD 258,134
38.7%
8
Cameroon
SGD 257,967
38.7%
9
Senegal
SGD 254,123
39.6%
10
South Africa
SGD 244,832
41.8%
11
Uganda
SGD 236,316
43.9%
12
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Middle East
Country
Net pay
Average tax
Rank
Kuwait
SGD 406,819
3.4%
1
Bahrain
SGD 404,852
3.8%
2
Saudi Arabia
SGD 401,754
4.6%
3
United Arab Emirates
SGD 399,942
5.0%
4
Qatar
SGD 399,942
5.0%
5
Oman
SGD 387,313
8.0%
6
Egypt
SGD 316,113
24.9%
7
Lebanon
SGD 315,997
24.9%
8
Turkey
SGD 245,446
41.7%
9
Israel
SGD 243,213
42.2%
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.