Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$5,931
Income Tax
- S$1,294
Central Provident Fund (CPF)
- S$6.29
Total tax
- S$1,300
Net pay
*
S$4,631
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$4,631
Net pay
S$5.35
Tax the employer pays
S$1,300
Tax you pay
Total tax paid
S$1,305
Did you know your employer also pays tax on your salary? It costs the employer S$5.35 to pay you S$5,931. 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$13,570,128 a year living in Singapore, you will be taxed S$2,973,978. That means that your net pay will be S$10,596,150 per year, or S$883,012 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
North America
Country
Net pay
Average tax
Rank
USA
SGD 7,279,765
46.4%
1
Canada
SGD 6,337,347
53.3%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
SGD 12,204,025
10.1%
1
Hong Kong
SGD 11,267,593
17.0%
2
Singapore
SGD 10,596,150
21.9%
3
Indonesia
SGD 9,178,374
32.4%
4
Thailand
SGD 8,839,011
34.9%
5
Pakistan
SGD 8,826,557
35.0%
6
Vietnam
SGD 8,822,777
35.0%
7
Philippines
SGD 8,434,192
37.9%
8
New Zealand
SGD 8,292,013
38.9%
9
Taiwan
SGD 8,175,762
39.8%
10
Malaysia
SGD 8,032,223
40.8%
11
China
SGD 7,501,541
44.7%
12
Japan
SGD 7,348,649
45.9%
13
Australia
SGD 7,217,854
46.8%
14
South Korea
SGD 7,115,102
47.6%
15
India
SGD 1,853,165
86.3%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
SGD 12,011,700
11.5%
1
Brazil
SGD 9,839,093
27.5%
2
Costa Rica
SGD 9,124,090
32.8%
3
Panama
SGD 9,066,948
33.2%
4
Mexico
SGD 8,827,028
35.0%
5
Argentina
SGD 8,820,574
35.0%
6
Puerto Rico
SGD 8,780,688
35.3%
7
Peru
SGD 8,322,235
38.7%
8
Colombia
SGD 8,308,963
38.8%
9
Uruguay
SGD 8,278,424
39.0%
10
Chile
SGD 8,174,675
39.8%
11
Ecuador
SGD 7,759,513
42.8%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
SGD 9,872,499
27.3%
1
Kenya
SGD 9,499,766
30.0%
2
Ivory Coast
SGD 9,257,646
31.8%
3
Nigeria
SGD 9,230,567
32.0%
4
Ghana
SGD 8,977,972
33.8%
5
Mozambique
SGD 8,823,536
35.0%
6
Zambia
SGD 8,346,019
38.5%
7
Cameroon
SGD 8,263,818
39.1%
8
Morocco
SGD 8,226,352
39.4%
9
Senegal
SGD 8,143,604
40.0%
10
South Africa
SGD 7,476,857
44.9%
11
Uganda
SGD 7,468,341
45.0%
12
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Middle East
Country
Net pay
Average tax
Rank
Kuwait
SGD 13,555,955
0.1%
1
Saudi Arabia
SGD 13,550,890
0.1%
2
Bahrain
SGD 13,422,497
1.1%
3
United Arab Emirates
SGD 12,891,622
5.0%
4
Qatar
SGD 12,891,622
5.0%
5
Oman
SGD 12,484,518
8.0%
6
Egypt
SGD 10,177,965
25.0%
7
Lebanon
SGD 10,177,849
25.0%
8
Turkey
SGD 7,903,634
41.8%
9
Israel
SGD 6,817,781
49.8%
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.