Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$8,970
Income Tax
- S$1,005
Central Provident Fund (CPF)
- S$600
Total tax
- S$1,605
Net pay
*
S$7,365
Marginal tax rate
19.4%
Average tax rate
17.9%
82.1%
Net pay
17.9%
Total tax
Total tax
Net pay
The Taxberg
S$7,365
Net pay
S$510
Tax the employer pays
S$1,605
Tax you pay
Total tax paid
S$2,115
Did you know your employer also pays tax on your salary? It costs the employer S$510 to pay you S$8,970. In other words, every time you spend S$10 of your hard-earned money, S$2.36 goes to the government.
Real tax rate
22.3%
So, with you and the employer both paying tax, what used to be a 17.9% tax rate now rises to 22.3%, meaning your real tax rate is actually 4.4% higher than what it seemed at first.
Summary
If you make S$215,280 a year living in Singapore, you will be taxed S$38,514. That means that your net pay will be S$176,766 per year, or S$14,730 per month. Your average tax rate is 17.9% and your marginal tax rate is 19.4%. 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$19.40, hence, your net pay will only increase by S$80.60.
Bonus Example
A S$1,000 bonus will generate an extra S$806 of net incomes. A S$5,000 bonus will generate an extra S$4,030 of net incomes.
Compare average tax
Europe
Country
Net pay
Average tax
Rank
Russia
SGD 187,294
13.0%
1
Hungary
SGD 175,453
18.5%
2
Ukraine
SGD 173,300
19.5%
3
Czech Republic
SGD 164,353
23.7%
4
Switzerland
SGD 156,597
27.3%
5
United Kingdom
SGD 137,977
35.9%
6
France
SGD 133,918
37.8%
7
Norway
SGD 131,812
38.8%
8
Spain
SGD 130,746
39.3%
9
Austria
SGD 128,722
40.2%
10
Poland
SGD 127,590
40.7%
11
Denmark
SGD 127,513
40.8%
12
Romania
SGD 125,939
41.5%
13
Greece
SGD 123,305
42.7%
14
Ireland
SGD 123,135
42.8%
15
Netherlands
SGD 120,983
43.8%
16
Sweden
SGD 120,418
44.1%
17
Luxembourg
SGD 115,754
46.2%
18
Germany
SGD 115,714
46.3%
19
Italy
SGD 107,407
50.1%
20
Finland
SGD 99,732
53.7%
21
Portugal
SGD 94,830
56.0%
22
Belgium
SGD 87,736
59.3%
23
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North America
Country
Net pay
Average tax
Rank
USA
SGD 146,864
31.8%
1
Canada
SGD 130,551
39.4%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
SGD 184,662
14.2%
1
Hong Kong
SGD 183,069
15.0%
2
Singapore
SGD 176,766
17.9%
3
Taiwan
SGD 162,067
24.7%
4
Thailand
SGD 157,967
26.6%
5
China
SGD 154,991
28.0%
6
Indonesia
SGD 150,496
30.1%
7
Pakistan
SGD 145,906
32.2%
8
New Zealand
SGD 145,555
32.4%
9
South Korea
SGD 144,837
32.7%
10
Japan
SGD 143,886
33.2%
11
Malaysia
SGD 143,347
33.4%
12
Philippines
SGD 143,021
33.6%
13
Vietnam
SGD 142,125
34.0%
14
Australia
SGD 139,785
35.1%
15
India
SGD 115,760
46.2%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
SGD 191,578
11.0%
1
Costa Rica
SGD 159,649
25.8%
2
Colombia
SGD 157,673
26.8%
3
Chile
SGD 157,197
27.0%
4
Brazil
SGD 156,828
27.2%
5
Uruguay
SGD 156,471
27.3%
6
Panama
SGD 152,587
29.1%
7
Puerto Rico
SGD 146,307
32.0%
8
Mexico
SGD 145,979
32.2%
9
Peru
SGD 142,390
33.9%
10
Ecuador
SGD 141,039
34.5%
11
Argentina
SGD 139,923
35.0%
12
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Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
SGD 204,516
5.0%
1
Qatar
SGD 204,516
5.0%
2
Bahrain
SGD 201,197
6.5%
3
Kuwait
SGD 201,107
6.6%
4
Oman
SGD 198,058
8.0%
5
Saudi Arabia
SGD 196,042
8.9%
6
Egypt
SGD 161,829
24.8%
7
Lebanon
SGD 161,713
24.9%
8
Israel
SGD 137,776
36.0%
9
Turkey
SGD 125,637
41.6%
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.