Income tax calculator Singapore

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$40,073
Income Tax
- S$8,319
Central Provident Fund (CPF)
- S$277
Total tax
- S$8,596
Net pay
* S$31,477
Marginal tax rate
22.0%
Average tax rate
21.5%
78.5%
Net pay
21.5%
Total tax
Total tax
Net pay
The Taxberg
S$31,477
Net pay
S$235
Tax the employer pays
S$8,596
Tax you pay
Total tax paid
S$8,831
Did you know your employer also pays tax on your salary? It costs the employer S$235 to pay you S$40,073. In other words, every time you spend S$10 of your hard-earned money, S$2.20 goes to the government.
Real tax rate
21.9%
So, with you and the employer both paying tax, what used to be a 21.5% tax rate now rises to 21.9%, meaning your real tax rate is actually 0.4% higher than what it seemed at first.
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Summary
If you make S$2,083,796 a year living in Singapore, you will be taxed S$446,985. That means that your net pay will be S$1,636,811 per year, or S$136,401 per month. Your average tax rate is 21.5% 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$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
S$48,500
S$49,000
S$49,500
S$50,000
North America
Country 
Net pay
Average tax
Rank
USA
SGD 1,157,550
44.5%
1
Canada
SGD 999,603
52.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 1,866,327
10.4%
1
Hong Kong
SGD 1,733,938
16.8%
2
Singapore
SGD 1,636,811
21.5%
3
Indonesia
SGD 1,413,613
32.2%
4
Thailand
SGD 1,372,895
34.1%
5
Pakistan
SGD 1,360,442
34.7%
6
Vietnam
SGD 1,356,661
34.9%
7
Philippines
SGD 1,303,095
37.5%
8
New Zealand
SGD 1,285,350
38.3%
9
Taiwan
SGD 1,283,962
38.4%
10
Malaysia
SGD 1,255,402
39.8%
11
China
SGD 1,184,059
43.2%
12
Japan
SGD 1,158,340
44.4%
13
Australia
SGD 1,130,098
45.8%
14
South Korea
SGD 1,127,428
45.9%
15
India
SGD 531,431
74.5%
16
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 1,516,193
27.2%
1
Kenya
SGD 1,459,334
30.0%
2
Ivory Coast
SGD 1,420,235
31.8%
3
Nigeria
SGD 1,417,564
32.0%
4
Ghana
SGD 1,379,763
33.8%
5
Mozambique
SGD 1,357,421
34.9%
6
Zambia
SGD 1,281,924
38.5%
7
Cameroon
SGD 1,270,365
39.0%
8
Morocco
SGD 1,265,773
39.3%
9
Senegal
SGD 1,251,805
39.9%
10
South Africa
SGD 1,159,374
44.4%
11
Uganda
SGD 1,150,859
44.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 2,069,623
0.7%
1
Saudi Arabia
SGD 2,064,558
0.9%
2
Bahrain
SGD 2,051,028
1.6%
3
United Arab Emirates
SGD 1,979,606
5.0%
4
Qatar
SGD 1,979,606
5.0%
5
Oman
SGD 1,917,092
8.0%
6
Egypt
SGD 1,563,216
25.0%
7
Lebanon
SGD 1,563,100
25.0%
8
Turkey
SGD 1,213,880
41.8%
9
Israel
SGD 1,074,615
48.4%
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.