Salary After Tax Calculator – Singapore
Calculate your net take-home pay in Singapore after income tax and CPF (Central Provident Fund) deductions. Enter your gross annual salary in SGD to see a full breakdown.
Understanding Your Take-Home Pay in Singapore
Working in Singapore means your gross salary is subject to the country's income tax system and CPF (Central Provident Fund) contributions before it reaches your bank account. Singapore uses a progressive income tax structure where higher portions of your earnings are taxed at increased rates. Understanding these deductions is the first step toward effective financial planning and accurate budgeting.
Singapore applies its progressive tax brackets directly to your income, with a tax-free threshold built into the rate structure. In addition, CPF (Central Provident Fund) contributions are deducted from your gross salary based on official thresholds and rates to fund public services such as pensions and healthcare.
When evaluating a job offer or planning household finances in Singapore, always base your budget on your net salary rather than your gross figure. The difference between gross and net can be substantial, especially at higher income levels where marginal tax rates increase. This calculator gives you an instant and transparent view of your salary after tax in SGD, including income tax, CPF (Central Provident Fund), and your effective tax rate.