Singapore Income Tax Calculator

Calculate your take-home salary and tax brackets in Singapore (SGD)

Singapore Take Home Salary Calculator

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Lowest Tax Rate

0%

Average Tax Rate

12.5%

Highest Tax Rate

22%

Understanding Singapore's Tax System

The Singapore income tax system uses a progressive tax rate structure with 11 different tax brackets for 2024. The tax rates range from 0% to 22%, with an average rate of 12.5%.

Tax Brackets Breakdown

Here's a detailed breakdown of the tax brackets in Singapore:

Bracket 10%
From

SGD 0

To

SGD 20,000

Bracket 22%
From

SGD 20,001

To

SGD 30,000

Bracket 33.5%
From

SGD 30,001

To

SGD 40,000

Bracket 47%
From

SGD 40,001

To

SGD 80,000

Bracket 511.5%
From

SGD 80,001

To

SGD 120,000

Bracket 615%
From

SGD 120,001

To

SGD 160,000

Bracket 718%
From

SGD 160,001

To

SGD 200,000

Bracket 819%
From

SGD 200,001

To

SGD 240,000

Bracket 919.5%
From

SGD 240,001

To

SGD 280,000

Bracket 1020%
From

SGD 280,001

To

SGD 320,000

Bracket 1122%
From

SGD 320,001

To

∞

How Progressive Tax Works in Singapore

In Singapore, like many countries, the tax system is progressive. This means you don't pay the highest rate on all your income. Instead, you pay different rates on different portions of your income. For example:

  • 1You only pay 0% on the first SGD 20,000
  • 2Then 2% on the next portion, and so on
  • 3The highest rate of 22% only applies to income above SGD 320,000

Additional Information

This calculator provides a basic estimate of your income tax in Singapore. Please note that:

  • These are 2024 tax rates from IRAS
  • The calculation doesn't include regional or municipal taxes
  • Social security contributions and other deductions are not included
  • Tax credits and deductions may reduce your actual tax burden

Source: IRAS