Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$5,063
Income Tax
- S$1,103
Central Provident Fund (CPF)
- S$6.29
Total tax
- S$1,109
Net pay
*
S$3,954
Marginal tax rate
22.0%
Average tax rate
21.9%
78.1%
Net pay
21.9%
Total tax
Total tax
Net pay
The Taxberg
S$3,954
Net pay
S$5.35
Tax the employer pays
S$1,109
Tax you pay
Total tax paid
S$1,114
Did you know your employer also pays tax on your salary? It costs the employer S$5.35 to pay you S$5,063. 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 21.9% tax rate now rises to 22.0%, meaning your real tax rate is actually 0.1% higher than what it seemed at first.
Summary
If you make S$11,584,144 a year living in Singapore, you will be taxed S$2,537,062. That means that your net pay will be S$9,047,082 per year, or S$753,924 per month. Your average tax rate is 21.9% 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
Europe
Country
Net pay
Average tax
Rank
Russia
SGD 10,078,205
13.0%
1
Hungary
SGD 9,441,077
18.5%
2
Ukraine
SGD 9,325,236
19.5%
3
Czech Republic
SGD 8,918,379
23.0%
4
Romania
SGD 6,776,724
41.5%
5
Poland
SGD 6,670,883
42.4%
6
Greece
SGD 6,489,869
44.0%
7
Italy
SGD 6,184,628
46.6%
8
Switzerland
SGD 6,165,896
46.8%
9
Luxembourg
SGD 6,121,541
47.2%
10
Norway
SGD 6,112,146
47.2%
11
United Kingdom
SGD 6,024,550
48.0%
12
Spain
SGD 6,024,190
48.0%
13
Denmark
SGD 5,950,827
48.6%
14
Netherlands
SGD 5,862,260
49.4%
15
Sweden
SGD 5,805,925
49.9%
16
Austria
SGD 5,719,357
50.6%
17
Germany
SGD 5,633,588
51.4%
18
Ireland
SGD 5,580,190
51.8%
19
France
SGD 4,840,391
58.2%
20
Belgium
SGD 4,337,406
62.6%
21
Finland
SGD 4,285,748
63.0%
22
Portugal
SGD 4,182,239
63.9%
23
Show more
North America
Country
Net pay
Average tax
Rank
USA
SGD 6,221,235
46.3%
1
Canada
SGD 5,414,452
53.3%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
SGD 10,416,640
10.1%
1
Hong Kong
SGD 9,619,226
17.0%
2
Singapore
SGD 9,047,082
21.9%
3
Indonesia
SGD 7,835,848
32.4%
4
Thailand
SGD 7,548,122
34.8%
5
Pakistan
SGD 7,535,668
35.0%
6
Vietnam
SGD 7,531,887
35.0%
7
Philippines
SGD 7,201,227
37.8%
8
New Zealand
SGD 7,080,562
38.9%
9
Taiwan
SGD 6,984,171
39.7%
10
Malaysia
SGD 6,860,512
40.8%
11
China
SGD 6,409,250
44.7%
12
Japan
SGD 6,278,346
45.8%
13
Australia
SGD 6,165,283
46.8%
14
South Korea
SGD 6,079,835
47.5%
15
India
SGD 1,624,638
86.0%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Guatemala
SGD 10,253,943
11.5%
1
Brazil
SGD 8,399,254
27.5%
2
Costa Rica
SGD 7,790,999
32.7%
3
Panama
SGD 7,741,304
33.2%
4
Mexico
SGD 7,536,138
34.9%
5
Argentina
SGD 7,529,684
35.0%
6
Puerto Rico
SGD 7,496,750
35.3%
7
Peru
SGD 7,105,819
38.7%
8
Colombia
SGD 7,097,561
38.7%
9
Uruguay
SGD 7,072,217
39.0%
10
Chile
SGD 6,983,085
39.7%
11
Ecuador
SGD 6,626,578
42.8%
12
Show more
Africa
Country
Net pay
Average tax
Rank
Angola
SGD 8,427,696
27.3%
1
Kenya
SGD 8,109,577
30.0%
2
Ivory Coast
SGD 7,902,560
31.8%
3
Nigeria
SGD 7,879,701
32.0%
4
Ghana
SGD 7,664,243
33.8%
5
Mozambique
SGD 7,532,647
35.0%
6
Zambia
SGD 7,124,638
38.5%
7
Cameroon
SGD 7,054,652
39.1%
8
Morocco
SGD 7,022,870
39.4%
9
Senegal
SGD 6,952,014
40.0%
10
South Africa
SGD 6,384,565
44.9%
11
Uganda
SGD 6,376,050
45.0%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Kuwait
SGD 11,569,971
0.1%
1
Saudi Arabia
SGD 11,564,906
0.2%
2
Bahrain
SGD 11,456,373
1.1%
3
United Arab Emirates
SGD 11,004,937
5.0%
4
Qatar
SGD 11,004,937
5.0%
5
Oman
SGD 10,657,412
8.0%
6
Egypt
SGD 8,688,477
25.0%
7
Lebanon
SGD 8,688,361
25.0%
8
Turkey
SGD 6,746,977
41.8%
9
Israel
SGD 5,824,789
49.7%
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.