Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$1,231
Income Tax
- S$42.90
Central Provident Fund (CPF)
- S$246
Total tax
- S$289
Net pay
* S$942
Marginal tax rate
26.9%
Average tax rate
23.5%
76.5%
Net pay
23.5%
Total tax
Total tax
Net pay
The Taxberg
S$942
Net pay
S$209
Tax the employer pays
S$289
Tax you pay
Total tax paid
S$498
Did you know your employer also pays tax on your salary? It costs the employer S$209 to pay you S$1,231. In other words, every time you spend S$10 of your hard-earned money, S$4.05 goes to the government.
Real tax rate
34.6%
So, with you and the employer both paying tax, what used to be a 23.5% tax rate now rises to 34.6%, meaning your real tax rate is actually 11.1% higher than what it seemed at first.
People also ask
S$64,012 yearly is how much per hour?
S$27.98 hourly is how much per year?
What is the average salary in Singapore?
Summary
If you make S$64,012 a year living in Singapore, you will be taxed S$15,030. That means that your net pay will be S$48,982 per year, or S$4,082 per month. Your average tax rate is 23.5% and your marginal tax rate is 26.9%. 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$26.92, hence, your net pay will only increase by S$73.08.
Bonus Example
A S$1,000 bonus will generate an extra S$731 of net incomes. A S$5,000 bonus will generate an extra S$3,654 of net incomes.
Compare average tax
Tax per income
S$1,500
S$2,000
S$2,500
S$3,000
S$3,500
S$4,000
S$4,500
S$5,000
S$5,500
S$6,000
S$6,500
S$7,000
S$7,500
S$8,000
S$8,500
S$9,000
S$9,500
S$10,000
S$10,500
S$11,000
Europe
Country 
Net pay
Average tax
Rank
Russia
SGD 55,690
13.0%
1
Switzerland
SGD 54,351
15.1%
2
Hungary
SGD 52,170
18.5%
3
Ukraine
SGD 51,530
19.5%
4
United Kingdom
SGD 49,904
22.0%
5
Ireland
SGD 49,282
23.0%
6
France
SGD 49,163
23.2%
7
Czech Republic
SGD 49,098
23.3%
8
Norway
SGD 47,866
25.2%
9
Spain
SGD 46,356
27.6%
10
Luxembourg
SGD 45,271
29.3%
11
Sweden
SGD 44,768
30.1%
12
Austria
SGD 44,398
30.6%
13
Denmark
SGD 43,122
32.6%
14
Greece
SGD 42,150
34.2%
15
Germany
SGD 40,690
36.4%
16
Poland
SGD 40,528
36.7%
17
Netherlands
SGD 40,283
37.1%
18
Finland
SGD 38,517
39.8%
19
Italy
SGD 37,997
40.6%
20
Romania
SGD 37,447
41.5%
21
Portugal
SGD 36,662
42.7%
22
Belgium
SGD 31,181
51.3%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 50,540
21.1%
1
Canada
SGD 45,693
28.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 57,534
10.1%
1
Taiwan
SGD 55,465
13.4%
2
Thailand
SGD 52,941
17.3%
3
South Korea
SGD 51,611
19.4%
4
Kazakhstan
SGD 51,500
19.6%
5
Australia
SGD 50,276
21.5%
6
New Zealand
SGD 49,224
23.1%
7
Singapore
SGD 48,982
23.5%
8
Indonesia
SGD 48,201
24.7%
9
Pakistan
SGD 47,582
25.7%
10
Japan
SGD 47,411
25.9%
11
Malaysia
SGD 46,442
27.5%
12
Philippines
SGD 45,674
28.7%
13
Vietnam
SGD 43,801
31.6%
14
China
SGD 42,039
34.3%
15
India
SGD 39,451
38.4%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 57,693
9.9%
1
Puerto Rico
SGD 53,542
16.4%
2
Costa Rica
SGD 53,383
16.6%
3
Chile
SGD 52,791
17.5%
4
Ecuador
SGD 51,042
20.3%
5
Panama
SGD 50,630
20.9%
6
Colombia
SGD 49,077
23.3%
7
Peru
SGD 47,945
25.1%
8
Brazil
SGD 47,159
26.3%
9
Mexico
SGD 46,796
26.9%
10
Uruguay
SGD 43,732
31.7%
11
Argentina
SGD 41,599
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 46,800
26.9%
1
South Africa
SGD 45,920
28.3%
2
Kenya
SGD 45,485
28.9%
3
Mozambique
SGD 44,561
30.4%
4
Nigeria
SGD 43,707
31.7%
5
Ghana
SGD 43,676
31.8%
6
Ivory Coast
SGD 42,487
33.6%
7
Morocco
SGD 41,808
34.7%
8
Cameroon
SGD 40,619
36.5%
9
Uganda
SGD 39,977
37.6%
10
Senegal
SGD 39,935
37.6%
11
Zambia
SGD 39,757
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 60,811
5.0%
1
Qatar
SGD 60,811
5.0%
2
Bahrain
SGD 58,891
8.0%
3
Oman
SGD 58,891
8.0%
4
Saudi Arabia
SGD 57,611
10.0%
5
Kuwait
SGD 56,971
11.0%
6
Israel
SGD 50,380
21.3%
7
Egypt
SGD 48,378
24.4%
8
Lebanon
SGD 48,262
24.6%
9
Turkey
SGD 37,537
41.4%
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.