How pay after tax works in Singapore
Singapore has one of the lowest personal tax burdens among developed economies. Income tax is charged on a gentle progressive scale from 0% to 24%, and there is no separate social security tax for most workers. Instead, Singapore citizens and permanent residents contribute to the Central Provident Fund (CPF), a compulsory savings scheme that funds retirement, housing and healthcare.
CPF contributions come off pay at rates that depend on your age, and they also earn you tax relief, so the interaction between CPF and tax matters. Foreigners on work passes do not pay CPF. The calculator applies the income tax scale, CPF and the main reliefs so you can see your net pay by residency and age.
What this calculator works out
- Income tax on the progressive resident scale
- Central Provident Fund (CPF) contributions by age
- Earned income and CPF tax reliefs
- Citizen, permanent resident and foreigner cases