Gross to net salary calculator. No sign-up, no ads.
🇸🇬 Singapore Income Tax Calculator 2025
Singapore's resident income tax is progressive and starts gently: the first S$20,000 of chargeable income is tax-free, then rates climb in small steps from 2% up to 24% on income above S$1,000,000. Most working residents also contribute to CPF, the Central Provident Fund, at 20% of wages (for those 55 and under), capped at the S$102,000 Annual Wage Ceiling. Unlike income tax, CPF isn't lost: it's deducted from your paycheque but stays in your own CPF account for retirement, housing, and healthcare, and the compulsory portion also reduces your taxable income via CPF Relief. At S$90,000 gross, a Singapore resident pays S$18,000 into CPF and approximately S$2,800 in income tax, taking home around S$69,200 as monthly cash, with the CPF balance staying in your own account. At S$120,000, cash take-home is roughly S$94,000 after CPF and income tax.
Singapore Income Tax Brackets
| Income band | Rate |
|---|---|
| S$0 – S$20,000 | 0.00% |
| S$20,000 – S$30,000 | 2.00% |
| S$30,000 – S$40,000 | 3.50% |
| S$40,000 – S$80,000 | 7.00% |
| S$80,000 – S$120,000 | 11.50% |
| S$120,000 – S$160,000 | 15.00% |
| S$160,000 – S$200,000 | 18.00% |
| S$200,000 – S$240,000 | 19.00% |
| S$240,000 – S$280,000 | 19.50% |
| S$280,000 – S$320,000 | 20.00% |
| S$320,000 – S$500,000 | 22.00% |
| S$500,000 – S$1,000,000 | 23.00% |
| S$1,000,000 and above | 24.00% |
Take-home pay examples
| Gross / year | Net / year | Net / month |
|---|---|---|
| S$60,000 | S$46,890 | S$3,908 |
| S$90,000 | S$69,210 | S$5,768 |
| S$120,000 | S$93,996 | S$7,833 |
| S$180,000 | S$145,710 | S$12,143 |
Employee figures only, standard deductions applied. Pension contributions, benefits in kind, and other personal factors are not included.
Data & assumptions
- Tax year
- 2026
- Last updated
- 2026-07-17
- Employment assumption
- Full-time employee, single filer
Figures are estimates based on standard deductions and do not account for pension contributions, benefits in kind, or individual circumstances. See our methodology for how these numbers are calculated.
Frequently Asked Questions
What is CPF?
CPF (Central Provident Fund) is Singapore's mandatory savings scheme. Employees aged 55 and under contribute 20% of wages, capped at the S$102,000 Annual Wage Ceiling. Unlike tax, the money isn't gone: it sits in your own CPF account for retirement, housing, and healthcare, though it does reduce your take-home pay the same way a deduction would.
Do CPF contributions reduce my tax?
Yes. Compulsory employee CPF contributions qualify for CPF Relief, which reduces your taxable income by the same amount, on top of the cap that already applies to CPF itself.
What if I'm not a tax resident?
Non-residents are taxed differently: typically a flat 15% on employment income or the resident progressive rates, whichever gives a higher tax bill, with no tax-free first S$20,000. This calculator models resident rates only.
What is a good salary in Singapore?
Singapore is one of the most expensive cities in Asia for housing and international school fees. A single person without family obligations typically needs S$5,000–8,000 net per month to live comfortably, which corresponds to roughly S$80,000–130,000 gross (before CPF is deducted). The national median full-time gross salary is around S$65,000–72,000 per year. The tech sector, driven by regional headquarters for Google, Meta, Sea Group, and Grab, pays S$120,000–250,000 or more for senior engineers. Total compensation packages often include equity, making the cash gross figure only part of the picture.
How does Singapore take-home compare to Hong Kong and Australia?
Singapore and Hong Kong are broadly comparable in income tax burden at most income levels; both have low marginal rates. Singapore's main difference is CPF: the 20% employee contribution reduces cash take-home but accumulates in your account. Hong Kong's MPF applies at 5% capped at HK$1,500/month, much lighter than CPF. At S$120,000 gross, Singapore cash take-home is around S$94,000 (78%); a comparable HK earner at equivalent gross typically keeps around 83–86%. Australia's 12% super is employer-paid rather than deducted from employee pay, making Australian cash take-home at equivalent gross salaries higher than Singapore's. The CPF balance is real wealth, but it is illiquid until retirement or housing purchase.
What is the SRS (Supplementary Retirement Scheme) and can it reduce my tax?
The SRS is a voluntary government-run savings scheme where contributions reduce your assessable income for Singapore income tax. Singaporeans and PRs can contribute up to S$15,300 per year; Employment Pass holders and other foreigners can contribute up to S$35,700 per year. Contributions go into your own SRS account and can be invested; withdrawals after age 62 at retirement are taxed at 50% of the withdrawal amount. For a high earner in the 11.5% or higher bracket, SRS contributions produce meaningful tax savings: a S$35,700 contribution reduces taxable income by that amount, cutting the income tax bill by up to S$4,100 at the top 24% marginal rate. This stacks on top of the CPF Relief and is claimed via the annual income tax return.