Income tax calculator Singapore
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$7,832
Income Tax
- S$1,226
Central Provident Fund (CPF)
- S$277
Total tax
- S$1,503
Net pay
*
S$6,329
Marginal tax rate
22.0%
Average tax rate
19.2%
80.8%
Net pay
19.2%
Total tax
Total tax
Net pay
The Taxberg
S$6,329
Net pay
S$235
Tax the employer pays
S$1,503
Tax you pay
Total tax paid
S$1,738
Did you know your employer also pays tax on your salary? It costs the employer S$235 to pay you S$7,832. In other words, every time you spend S$10 of your hard-earned money, S$2.22 goes to the government.
Real tax rate
21.5%
So, with you and the employer both paying tax, what used to be a 19.2% tax rate now rises to 21.5%, meaning your real tax rate is actually 2.3% higher than what it seemed at first.
Summary
If you make S$407,264 a year living in Singapore, you will be taxed S$78,148. That means that your net pay will be S$329,116 per year, or S$27,426 per month. Your average tax rate is 19.2% 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
Europe
Country
Net pay
Average tax
Rank
Russia
SGD 354,320
13.0%
1
Hungary
SGD 331,920
18.5%
2
Ukraine
SGD 327,848
19.5%
3
Czech Republic
SGD 312,181
23.4%
4
Switzerland
SGD 264,140
35.1%
5
United Kingdom
SGD 240,515
40.9%
6
Romania
SGD 238,249
41.5%
7
Poland
SGD 238,085
41.5%
8
Spain
SGD 234,034
42.5%
9
Norway
SGD 233,108
42.8%
10
Austria
SGD 232,609
42.9%
11
Greece
SGD 230,816
43.3%
12
Denmark
SGD 225,850
44.5%
13
France
SGD 220,755
45.8%
14
Luxembourg
SGD 217,913
46.5%
15
Netherlands
SGD 217,935
46.5%
16
Sweden
SGD 216,429
46.9%
17
Ireland
SGD 215,288
47.1%
18
Germany
SGD 214,990
47.2%
19
Italy
SGD 194,529
52.2%
20
Finland
SGD 170,421
58.2%
21
Portugal
SGD 159,530
60.8%
22
Belgium
SGD 159,500
60.8%
23
Show more
North America
Country
Net pay
Average tax
Rank
USA
SGD 257,305
36.8%
1
Canada
SGD 220,512
45.9%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
SGD 357,448
12.2%
1
Hong Kong
SGD 342,416
15.9%
2
Singapore
SGD 329,116
19.2%
3
Thailand
SGD 283,150
30.5%
4
Indonesia
SGD 280,278
31.2%
5
Taiwan
SGD 278,043
31.7%
6
Pakistan
SGD 270,696
33.5%
7
Vietnam
SGD 266,915
34.5%
8
New Zealand
SGD 262,666
35.5%
9
Malaysia
SGD 262,263
35.6%
10
Philippines
SGD 262,248
35.6%
11
China
SGD 261,966
35.7%
12
Japan
SGD 254,754
37.5%
13
South Korea
SGD 251,039
38.4%
14
Australia
SGD 241,536
40.7%
15
India
SGD 203,425
50.1%
16
Show more
Africa
Country
Net pay
Average tax
Rank
Angola
SGD 296,516
27.2%
1
Kenya
SGD 285,761
29.8%
2
Nigeria
SGD 277,187
31.9%
3
Ivory Coast
SGD 276,295
32.2%
4
Ghana
SGD 270,737
33.5%
5
Mozambique
SGD 267,675
34.3%
6
Zambia
SGD 250,857
38.4%
7
Morocco
SGD 249,815
38.7%
8
Cameroon
SGD 249,608
38.7%
9
Senegal
SGD 245,886
39.6%
10
South Africa
SGD 237,281
41.7%
11
Uganda
SGD 228,766
43.8%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Kuwait
SGD 393,091
3.5%
1
Bahrain
SGD 391,262
3.9%
2
Saudi Arabia
SGD 388,026
4.7%
3
United Arab Emirates
SGD 386,901
5.0%
4
Qatar
SGD 386,901
5.0%
5
Oman
SGD 374,683
8.0%
6
Egypt
SGD 305,817
24.9%
7
Lebanon
SGD 305,701
24.9%
8
Turkey
SGD 237,451
41.7%
9
Israel
SGD 236,349
42.0%
10
Show more
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.