Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$1,851
Income Tax
- S$396
Central Provident Fund (CPF)
- S$6.29
Total tax
- S$402
Net pay
*
S$1,449
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$1,449
Net pay
S$5.35
Tax the employer pays
S$402
Tax you pay
Total tax paid
S$408
Did you know your employer also pays tax on your salary? It costs the employer S$5.35 to pay you S$1,851. 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$4,235,088 a year living in Singapore, you will be taxed S$920,269. That means that your net pay will be S$3,314,819 per year, or S$276,235 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 2,304,188
45.6%
1
Canada
SGD 1,999,317
52.8%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
SGD 3,802,489
10.2%
1
Hong Kong
SGD 3,519,510
16.9%
2
Singapore
SGD 3,314,819
21.7%
3
Indonesia
SGD 2,867,887
32.3%
4
Thailand
SGD 2,771,235
34.6%
5
Pakistan
SGD 2,758,781
34.9%
6
Vietnam
SGD 2,755,000
35.0%
7
Philippines
SGD 2,638,689
37.7%
8
New Zealand
SGD 2,597,638
38.7%
9
Taiwan
SGD 2,574,738
39.2%
10
Malaysia
SGD 2,524,643
40.4%
11
China
SGD 2,367,269
44.1%
12
Japan
SGD 2,317,732
45.3%
13
Australia
SGD 2,270,283
46.4%
14
South Korea
SGD 2,248,868
46.9%
15
India
SGD 778,980
81.6%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
SGD 3,749,433
11.5%
1
Brazil
SGD 3,071,189
27.5%
2
Costa Rica
SGD 2,857,945
32.5%
3
Panama
SGD 2,835,809
33.0%
4
Mexico
SGD 2,759,252
34.9%
5
Argentina
SGD 2,752,798
35.0%
6
Puerto Rico
SGD 2,745,585
35.2%
7
Colombia
SGD 2,614,813
38.3%
8
Uruguay
SGD 2,608,694
38.4%
9
Peru
SGD 2,604,523
38.5%
10
Chile
SGD 2,573,651
39.2%
11
Ecuador
SGD 2,434,199
42.5%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
SGD 3,081,258
27.2%
1
Kenya
SGD 2,965,238
30.0%
2
Ivory Coast
SGD 2,888,115
31.8%
3
Nigeria
SGD 2,880,873
32.0%
4
Ghana
SGD 2,802,843
33.8%
5
Mozambique
SGD 2,755,760
34.9%
6
Zambia
SGD 2,604,969
38.5%
7
Cameroon
SGD 2,580,179
39.1%
8
Morocco
SGD 2,569,430
39.3%
9
Senegal
SGD 2,542,580
40.0%
10
South Africa
SGD 2,342,585
44.7%
11
Uganda
SGD 2,334,069
44.9%
12
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Middle East
Country
Net pay
Average tax
Rank
Kuwait
SGD 4,220,915
0.3%
1
Saudi Arabia
SGD 4,215,850
0.5%
2
Bahrain
SGD 4,180,807
1.3%
3
United Arab Emirates
SGD 4,023,334
5.0%
4
Qatar
SGD 4,023,334
5.0%
5
Oman
SGD 3,896,281
8.0%
6
Egypt
SGD 3,176,685
25.0%
7
Lebanon
SGD 3,176,569
25.0%
8
Turkey
SGD 2,466,813
41.8%
9
Israel
SGD 2,150,261
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.