Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$41,968
Income Tax
- S$8,156
Central Provident Fund (CPF)
- S$600
Total tax
- S$8,756
Net pay
* S$33,212
Marginal tax rate
22.0%
Average tax rate
20.9%
79.1%
Net pay
20.9%
Total tax
Total tax
Net pay
The Taxberg
S$33,212
Net pay
S$510
Tax the employer pays
S$8,756
Tax you pay
Total tax paid
S$9,266
Did you know your employer also pays tax on your salary? It costs the employer S$510 to pay you S$41,968. 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 20.9% tax rate now rises to 21.8%, meaning your real tax rate is actually 0.9% higher than what it seemed at first.
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Summary
If you make S$1,007,232 a year living in Singapore, you will be taxed S$210,141. That means that your net pay will be S$797,091 per year, or S$66,424 per month. Your average tax rate is 20.9% 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.
Tax per income
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
S$48,500
S$49,000
S$49,500
S$50,000
S$50,500
S$51,000
Europe
Country 
Net pay
Average tax
Rank
Russia
SGD 876,292
13.0%
1
Hungary
SGD 820,894
18.5%
2
Ukraine
SGD 810,822
19.5%
3
Czech Republic
SGD 774,157
23.1%
4
Romania
SGD 589,231
41.5%
5
Poland
SGD 583,394
42.1%
6
Switzerland
SGD 573,453
43.1%
7
Greece
SGD 566,798
43.7%
8
United Kingdom
SGD 550,998
45.3%
9
Norway
SGD 548,691
45.5%
10
Spain
SGD 545,349
45.9%
11
Austria
SGD 542,945
46.1%
12
Luxembourg
SGD 534,816
46.9%
13
Denmark
SGD 533,164
47.1%
14
Netherlands
SGD 520,919
48.3%
15
Sweden
SGD 516,471
48.7%
16
Germany
SGD 506,429
49.7%
17
Ireland
SGD 503,272
50.0%
18
France
SGD 472,126
53.1%
19
Italy
SGD 466,795
53.7%
20
Finland
SGD 391,329
61.2%
21
Belgium
SGD 383,767
61.9%
22
Portugal
SGD 374,551
62.8%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 583,741
42.1%
1
Canada
SGD 499,319
50.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 897,419
10.9%
1
Hong Kong
SGD 840,389
16.6%
2
Singapore
SGD 797,091
20.9%
3
Indonesia
SGD 685,856
31.9%
4
Thailand
SGD 673,129
33.2%
5
Pakistan
SGD 660,675
34.4%
6
Vietnam
SGD 656,894
34.8%
7
Taiwan
SGD 638,024
36.7%
8
Philippines
SGD 634,728
37.0%
9
New Zealand
SGD 628,646
37.6%
10
Malaysia
SGD 620,240
38.4%
11
China
SGD 591,949
41.2%
12
Japan
SGD 578,149
42.6%
13
South Korea
SGD 566,229
43.8%
14
Australia
SGD 559,519
44.5%
15
India
SGD 407,550
59.5%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 892,519
11.4%
1
Brazil
SGD 730,993
27.4%
2
Costa Rica
SGD 691,246
31.4%
3
Panama
SGD 681,215
32.4%
4
Mexico
SGD 661,145
34.4%
5
Puerto Rico
SGD 658,776
34.6%
6
Argentina
SGD 654,692
35.0%
7
Uruguay
SGD 648,223
35.6%
8
Colombia
SGD 645,898
35.9%
9
Chile
SGD 636,938
36.8%
10
Peru
SGD 627,461
37.7%
11
Ecuador
SGD 592,820
41.1%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 732,993
27.2%
1
Kenya
SGD 705,739
29.9%
2
Ivory Coast
SGD 685,668
31.9%
3
Nigeria
SGD 685,285
32.0%
4
Ghana
SGD 667,616
33.7%
5
Mozambique
SGD 657,654
34.7%
6
Zambia
SGD 619,838
38.5%
7
Cameroon
SGD 614,899
39.0%
8
Morocco
SGD 613,388
39.1%
9
Senegal
SGD 605,867
39.9%
10
South Africa
SGD 567,264
43.7%
11
Uganda
SGD 558,748
44.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 993,059
1.4%
1
Saudi Arabia
SGD 987,994
1.9%
2
Bahrain
SGD 985,230
2.2%
3
United Arab Emirates
SGD 956,870
5.0%
4
Qatar
SGD 956,870
5.0%
5
Oman
SGD 926,653
8.0%
6
Egypt
SGD 755,793
25.0%
7
Lebanon
SGD 755,677
25.0%
8
Turkey
SGD 586,878
41.7%
9
Israel
SGD 536,333
46.8%
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.