Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$20,125
Income Tax
- S$3,930
Central Provident Fund (CPF)
- S$277
Total tax
- S$4,207
Net pay
* S$15,918
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$15,918
Net pay
S$235
Tax the employer pays
S$4,207
Tax you pay
Total tax paid
S$4,443
Did you know your employer also pays tax on your salary? It costs the employer S$235 to pay you S$20,125. 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$1,046,500 a year living in Singapore, you will be taxed S$218,780. That means that your net pay will be S$827,720 per year, or S$68,977 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.
Compare average tax
Tax per income
S$20,500
S$21,000
S$21,500
S$22,000
S$22,500
S$23,000
S$23,500
S$24,000
S$24,500
S$25,000
S$25,500
S$26,000
S$26,500
S$27,000
S$27,500
S$28,000
S$28,500
S$29,000
S$29,500
S$30,000
North America
Country 
Net pay
Average tax
Rank
USA
SGD 604,671
42.2%
1
Canada
SGD 517,567
50.5%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 927,275
11.4%
1
Brazil
SGD 759,463
27.4%
2
Costa Rica
SGD 717,605
31.4%
3
Panama
SGD 707,426
32.4%
4
Mexico
SGD 686,670
34.4%
5
Puerto Rico
SGD 684,163
34.6%
6
Argentina
SGD 680,216
35.0%
7
Uruguay
SGD 672,073
35.8%
8
Colombia
SGD 669,851
36.0%
9
Chile
SGD 660,498
36.9%
10
Peru
SGD 651,513
37.7%
11
Ecuador
SGD 615,221
41.2%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 761,560
27.2%
1
Kenya
SGD 733,227
29.9%
2
Ivory Coast
SGD 712,462
31.9%
3
Nigeria
SGD 711,995
32.0%
4
Ghana
SGD 693,592
33.7%
5
Mozambique
SGD 683,178
34.7%
6
Zambia
SGD 643,987
38.5%
7
Cameroon
SGD 638,807
39.0%
8
Morocco
SGD 637,184
39.1%
9
Senegal
SGD 629,427
39.9%
10
South Africa
SGD 588,861
43.7%
11
Uganda
SGD 580,346
44.5%
12
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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.