Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$38,750
Income Tax
- S$7,448
Central Provident Fund (CPF)
- S$600
Total tax
- S$8,048
Net pay
* S$30,702
Marginal tax rate
22.0%
Average tax rate
20.8%
79.2%
Net pay
20.8%
Total tax
Total tax
Net pay
The Taxberg
S$30,702
Net pay
S$510
Tax the employer pays
S$8,048
Tax you pay
Total tax paid
S$8,558
Did you know your employer also pays tax on your salary? It costs the employer S$510 to pay you S$38,750. In other words, every time you spend S$10 of your hard-earned money, S$2.21 goes to the government.
Real tax rate
21.8%
So, with you and the employer both paying tax, what used to be a 20.8% tax rate now rises to 21.8%, meaning your real tax rate is actually 1% higher than what it seemed at first.
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Summary
If you make S$930,000 a year living in Singapore, you will be taxed S$193,150. That means that your net pay will be S$736,850 per year, or S$61,404 per month. Your average tax rate is 20.8% 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.
Tax per income
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
S$47,500
S$48,000
Europe
Country 
Net pay
Average tax
Rank
Russia
SGD 809,100
13.0%
1
Hungary
SGD 757,950
18.5%
2
Ukraine
SGD 748,650
19.5%
3
Czech Republic
SGD 714,688
23.2%
4
Romania
SGD 544,050
41.5%
5
Poland
SGD 538,944
42.1%
6
Switzerland
SGD 533,777
42.6%
7
Greece
SGD 523,548
43.7%
8
United Kingdom
SGD 511,030
45.1%
9
Norway
SGD 508,067
45.4%
10
Spain
SGD 505,343
45.7%
11
Austria
SGD 504,339
45.8%
12
Luxembourg
SGD 494,022
46.9%
13
Denmark
SGD 493,604
46.9%
14
Netherlands
SGD 481,917
48.2%
15
Sweden
SGD 477,848
48.6%
16
Germany
SGD 468,991
49.6%
17
Ireland
SGD 466,201
49.9%
18
France
SGD 440,229
52.7%
19
Italy
SGD 431,747
53.6%
20
Finland
SGD 362,892
61.0%
21
Belgium
SGD 354,898
61.8%
22
Portugal
SGD 346,747
62.7%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
SGD 542,576
41.7%
1
Canada
SGD 463,429
50.2%
2
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.