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# Singapore Tax Calculator Welcome to the Singapore Tax Calculator. This website has been made for you to quickly get an idea of the amount of taxes you might have to pay especially for the work visa holders. Refer to Singapore IRAS to know exactly how taxation works for you. Please feel free to leave the comments below at the bottom of this page. As of 2022, the average salary a year in Singapore is **S\$75,384**. ## How much do you make **a year**? (after expenses, if any) 0100‎S\$ 75,40024,000118,000212,000306,000400,000 Singapore Citizen / Permanent Resident Non-Resident (Stay Less than 183 Days) SRS top-up ## Your net income is: S\$72,442 CPF + SRS Top-Up Relief: S\$0 (0%) CPF Withhold: S\$0 (0%) Income Tax: S\$2,958 (4%) ## Calculation details - [CPF Withhold](https://singaporetaxcalculator.com/#tab-cpf-withhold) - [Earned Income Relief](https://singaporetaxcalculator.com/#tab-earned-income-relief) - [Income Tax](https://singaporetaxcalculator.com/#tab-income-tax) - [Net Income](https://singaporetaxcalculator.com/#tab-intro) | | | |---|---| | Salary | S\$75,400 | | CPF Withhold | \- S\$0 | | CPF + SRS Top-up Relief | \- S\$0 | | Earned Income Relief | \- S\$1,000 | | Income Tax | \- S\$2,958 | | Net Income | S\$72,442 | If you are a salaried employee and are a Singapore Citizen (SC) or Singapore permanent resident (SPR), every month, when paying out your salary, your employer is required to withhold the portion of your pay that needs to go into your CPF accounts. That portion will be paid into your CPF accounts as your employee's contribution. ### What is CPF The Central Provident Fund (CPF) is set up to play one of the most important functions in Singapore's comprehensive social security system. This is around 5% to 20% depending on Age and SPR status, and is capped on your monthly salary, currently capped at S\$6,800. This means that the first S\$6,800 of your monthly salary is subject to CPF contributions. Any amount above that won't have a portion deducted for CPF. The CPF monthly salary cap will be raised from S\$6,800 to S\$8,000 by 2026, the increase will take place in below: 1. CPF monthly salary ceiling will be raised to S\$7,400 from 1st January 2025. 2. CPF monthly salary ceiling will be raised to S\$8,000 from 1st January 2026. Because the Age is personal privacy, so we always use 20% as the CPF withhold rate. Your CPF withhold is **S\$0**. | **Age of employee** | **CPF withhold by employee** | |---|---| | Up to 55 years old | 20% | | 55 to 60 years old | 13% | | 60 to 65 years old | 7\.5% | | Above 65 years old | 5% | Earned Income Relief is granted to individuals who are gainfully employed or carrying on a trade, business, profession, or vocation. This relief is designed to support working individuals, especially as they age. ### What is Earned Income Relief The amount of Earned Income Relief you can claim depends on your age as of 31 December of the previous year, as well as your taxable earned income (after deducting allowable expenses). If your taxable earned income is lower than the maximum relief amount for your age group, the relief will be capped at your actual earned income. For example, if you are 55 years old and earned \$5,000 in the previous year, your relief will be \$5,000 instead of \$6,000. Because the Age is personal privacy, so we always use \$1,000 as the earned income relief. Your Earned Income Relief is **S\$1,000**. | **Age (as of 31 Dec)** | **Maximum Relief (SGD)** | |---|---| | Below 55 | \$1,000 | | 55 to 59 | \$6,000 | | 60 and above | \$8,000 | \# Relief is capped at the amount of taxable earned income if it is lower than the maximum claimable amount. Income tax rates depend on an individual's tax residency status. You will be treated as a tax resident for a particular Year of Assessment (YA) if you are a: 1. Singapore Citizen (SC) or Singapore Permanent Resident (SPR) who resides in Singapore except for temporary absences; or 2. Foreigner who has stayed / worked in Singapore (excludes director of a company) for 183 days or more in the year preceding the YA. Otherwise, you will be treated as a non-resident of Singapore for tax purposes. Singapore's personal income tax rates for resident taxpayers are progressive. This means higher income earners pay a proportionately higher tax, with the current highest personal income tax rate at 22%. Your final Income Tax is **S\$2,958**. | **Annual Salary** | **Tax Rate** | |---|---| | 0 - 20,000 | 0% | | 20,001 - 30,000 | 2% | | 30,001 - 40,000 | 3\.5% | | 40,001 - 80,000 | 7% | | 80,001 - 120,000 | 11\.5% | | 120,001 - 160,000 | 15% | | 160,001 - 200,000 | 18% | | 200,001 - 240,000 | 19% | | 240,001 - 280,000 | 19\.5% | | 280,001 - 320,000 | 20% | | 320,001 - 500,000 | 22% | | 500,001 - 1,000,000 | 23% | | 1,000,001 + | 24% | ## About the Singapore Tax Calculator The Singapore Tax Calculator is maintained by [Hans Liu](https://github.com/hansliu/). It was refer the [Japan Tax Calculator](https://japantaxcalculator.com/) UI design and code base (that was maintained by [Jordy Meow](https://jordymeow.com/) and Emi). If you find errors in those calculations, feel free to look into the code. It is being kept as simple as possible. If more changes need to be made, please feel free to create issue or pull request via [github](https://github.com/hansliu/singapore-tax-calculator). ### Disclaimer All the information on the Singapore Tax Calculator (website) is published for general information purpose only. The website does not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information you find on this website is strictly at your own risk. We will not be liable for any losses and/or damages in connection with the use of our website.

Welcome to the Singapore Tax Calculator. This website has been made for you to quickly get an idea of the amount of taxes you might have to pay especially for the work visa holders. Refer to Singapore IRAS to know exactly how taxation works for you. Please feel free to leave the comments below at the bottom of this page. As of 2022, the average salary a year in Singapore is **S\$75,384**. ## How much do you make **a year**? (after expenses, if any) ‎S\$ 75,40024,000118,000212,000306,000400,000 Singapore Citizen / Permanent Resident Non-Resident (Stay Less than 183 Days) SRS top-up ## Your net income is: S\$72,442 CPF + SRS Top-Up Relief: S\$0 (0%) CPF Withhold: S\$0 (0%) Income Tax: S\$2,958 (4%) ## Calculation details - [CPF Withhold](https://singaporetaxcalculator.com/#tab-cpf-withhold) - [Earned Income Relief](https://singaporetaxcalculator.com/#tab-earned-income-relief) - [Income Tax](https://singaporetaxcalculator.com/#tab-income-tax) - [Net Income](https://singaporetaxcalculator.com/#tab-intro) | | | |---|---| | Salary | S\$75,400 | | CPF Withhold | \- S\$0 | | CPF + SRS Top-up Relief | \- S\$0 | | Earned Income Relief | \- S\$1,000 | | Income Tax | \- S\$2,958 | | Net Income | S\$72,442 | If you are a salaried employee and are a Singapore Citizen (SC) or Singapore permanent resident (SPR), every month, when paying out your salary, your employer is required to withhold the portion of your pay that needs to go into your CPF accounts. That portion will be paid into your CPF accounts as your employee's contribution. What is CPF The Central Provident Fund (CPF) is set up to play one of the most important functions in Singapore's comprehensive social security system. This is around 5% to 20% depending on Age and SPR status, and is capped on your monthly salary, currently capped at S\$6,800. This means that the first S\$6,800 of your monthly salary is subject to CPF contributions. Any amount above that won't have a portion deducted for CPF. The CPF monthly salary cap will be raised from S\$6,800 to S\$8,000 by 2026, the increase will take place in below: 1. CPF monthly salary ceiling will be raised to S\$7,400 from 1st January 2025. 2. CPF monthly salary ceiling will be raised to S\$8,000 from 1st January 2026. Because the Age is personal privacy, so we always use 20% as the CPF withhold rate. Your CPF withhold is **S\$0**. | **Age of employee** | **CPF withhold by employee** | |---|---| | Up to 55 years old | 20% | | 55 to 60 years old | 13% | | 60 to 65 years old | 7\.5% | | Above 65 years old | 5% | Earned Income Relief is granted to individuals who are gainfully employed or carrying on a trade, business, profession, or vocation. This relief is designed to support working individuals, especially as they age. What is Earned Income Relief The amount of Earned Income Relief you can claim depends on your age as of 31 December of the previous year, as well as your taxable earned income (after deducting allowable expenses). If your taxable earned income is lower than the maximum relief amount for your age group, the relief will be capped at your actual earned income. For example, if you are 55 years old and earned \$5,000 in the previous year, your relief will be \$5,000 instead of \$6,000. Because the Age is personal privacy, so we always use \$1,000 as the earned income relief. Your Earned Income Relief is **S\$1,000**. | **Age (as of 31 Dec)** | **Maximum Relief (SGD)** | |---|---| | Below 55 | \$1,000 | | 55 to 59 | \$6,000 | | 60 and above | \$8,000 | \# Relief is capped at the amount of taxable earned income if it is lower than the maximum claimable amount. Income tax rates depend on an individual's tax residency status. You will be treated as a tax resident for a particular Year of Assessment (YA) if you are a: 1. Singapore Citizen (SC) or Singapore Permanent Resident (SPR) who resides in Singapore except for temporary absences; or 2. Foreigner who has stayed / worked in Singapore (excludes director of a company) for 183 days or more in the year preceding the YA. Otherwise, you will be treated as a non-resident of Singapore for tax purposes. Singapore's personal income tax rates for resident taxpayers are progressive. This means higher income earners pay a proportionately higher tax, with the current highest personal income tax rate at 22%. Your final Income Tax is **S\$2,958**. | **Annual Salary** | **Tax Rate** | |---|---| | 0 - 20,000 | 0% | | 20,001 - 30,000 | 2% | | 30,001 - 40,000 | 3\.5% | | 40,001 - 80,000 | 7% | | 80,001 - 120,000 | 11\.5% | | 120,001 - 160,000 | 15% | | 160,001 - 200,000 | 18% | | 200,001 - 240,000 | 19% | | 240,001 - 280,000 | 19\.5% | | 280,001 - 320,000 | 20% | | 320,001 - 500,000 | 22% | | 500,001 - 1,000,000 | 23% | | 1,000,001 + | 24% |