Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$37,998
Income Tax
- S$6,205
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$7,405
Net pay
* S$30,593
Marginal tax rate
22.0%
Average tax rate
19.5%
80.5%
Net pay
19.5%
Total tax
Total tax
Net pay
The Taxberg
S$30,593
Net pay
S$1,020
Tax the employer pays
S$7,405
Tax you pay
Total tax paid
S$8,425
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$37,998. 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 19.5% tax rate now rises to 21.6%, meaning your real tax rate is actually 2.1% higher than what it seemed at first.
People also ask
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What is the average salary in Singapore?
Summary
If you make S$455,976 a year living in Singapore, you will be taxed S$88,865. That means that your net pay will be S$367,111 per year, or S$30,593 per month. Your average tax rate is 19.5% 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
Tax per income
S$37,500
S$38,000
S$38,500
S$39,000
S$39,500
S$40,000
S$40,500
S$41,000
S$41,500
S$42,000
S$42,500
S$43,000
S$43,500
S$44,000
S$44,500
S$45,000
S$45,500
S$46,000
S$46,500
S$47,000
North America
Country 
Net pay
Average tax
Rank
USA
SGD 284,243
37.7%
1
Canada
SGD 243,148
46.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 401,289
12.0%
1
Hong Kong
SGD 382,847
16.0%
2
Singapore
SGD 367,111
19.5%
3
Thailand
SGD 314,812
31.0%
4
Indonesia
SGD 313,207
31.3%
5
Taiwan
SGD 307,270
32.6%
6
Pakistan
SGD 302,359
33.7%
7
Vietnam
SGD 298,578
34.5%
8
Philippines
SGD 292,490
35.9%
9
New Zealand
SGD 292,380
35.9%
10
Malaysia
SGD 291,976
36.0%
11
China
SGD 288,758
36.7%
12
Japan
SGD 281,061
38.4%
13
South Korea
SGD 277,413
39.2%
14
Australia
SGD 267,354
41.4%
15
India
SGD 227,294
50.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 404,613
11.3%
1
Brazil
SGD 331,333
27.3%
2
Costa Rica
SGD 321,216
29.6%
3
Uruguay
SGD 313,413
31.3%
4
Panama
SGD 313,252
31.3%
5
Colombia
SGD 309,641
32.1%
6
Chile
SGD 306,184
32.9%
7
Mexico
SGD 302,829
33.6%
8
Puerto Rico
SGD 302,389
33.7%
9
Argentina
SGD 296,375
35.0%
10
Peru
SGD 289,817
36.4%
11
Ecuador
SGD 278,348
39.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 331,954
27.2%
1
Kenya
SGD 319,860
29.9%
2
Nigeria
SGD 310,321
31.9%
3
Ivory Coast
SGD 309,532
32.1%
4
Ghana
SGD 302,960
33.6%
5
Mozambique
SGD 299,338
34.4%
6
Zambia
SGD 280,815
38.4%
7
Morocco
SGD 279,333
38.7%
8
Cameroon
SGD 279,267
38.8%
9
Senegal
SGD 275,113
39.7%
10
South Africa
SGD 264,073
42.1%
11
Uganda
SGD 255,558
44.0%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 441,803
3.1%
1
Bahrain
SGD 439,486
3.6%
2
Saudi Arabia
SGD 436,738
4.2%
3
United Arab Emirates
SGD 433,177
5.0%
4
Qatar
SGD 433,177
5.0%
5
Oman
SGD 419,498
8.0%
6
Egypt
SGD 342,351
24.9%
7
Lebanon
SGD 342,235
24.9%
8
Turkey
SGD 265,821
41.7%
9
Israel
SGD 260,705
42.8%
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.