Singapore · YA2026
Singapore Salary calculator
Work out the take-home pay on a Singapore salary for a citizen or permanent resident aged 55 or under. Enter your gross pay and the calculator applies the IRAS resident income tax rates and your 20 per cent employee CPF contribution, then shows what lands in your bank account. Employer CPF is paid on top of your wage and does not come out of your pay, so it is not deducted here. Foreigners on an Employment Pass or S Pass make no CPF contribution and will keep more than the figures below.
| Gross salary | $35,000 |
| Income taxIRAS resident rates, YA2026 | -$375 |
| CPF (employee)20% of wages up to the $8,000 a month ceiling | -$7,000 |
| Take-home pay | $27,625 |
How it works
- Income tax is charged on a progressive scale. The first $20,000 you earn is free of tax, then each higher slice is taxed at 2 per cent rising in steps to 24 per cent on income above $1,000,000.
- This tool treats your gross salary as your chargeable income, because it does not know your personal reliefs. Most people claim reliefs such as Earned Income Relief and CPF relief, so your real tax bill is usually lower than shown.
- Employee CPF is 20 per cent of your Ordinary Wages, but only on the part up to the ceiling of $8,000 a month, which is $96,000 a year. Pay above that ceiling carries no employee CPF.
- Your employer pays a further 17 per cent CPF on top of your wage. That goes into your CPF accounts but is never taken out of your salary, so it does not change your take-home pay.
- Take-home pay is your gross salary minus income tax and your employee CPF contribution. Divide by twelve for the monthly figure.
Take-home = gross - income tax - employee CPF
Income tax is read off the IRAS resident scale, charging each slice of chargeable income at its own rate from 0 per cent on the first $20,000 up to 24 per cent above $1,000,000. Employee CPF is 20 per cent of wages but only up to the $96,000 annual Ordinary Wage ceiling, so it is fixed at $19,200 once salary passes that point. Subtract both from gross pay to reach take-home.
- $20,000
- tax-free band; income below this pays no income tax
- 0 to 24%
- progressive resident income tax rates, YA2026
- 20%
- employee CPF rate, age 55 and below
- $96,000
- annual Ordinary Wage ceiling ($8,000 a month) for CPF
- $19,200
- maximum employee CPF a year on Ordinary Wages (20% of $96,000)
Where a salary sits in Singapore
| Median gross monthly income (full-time, with CPF) | ≈ $5,500 | MOM, residents, 2023 |
| Median gross annual income | ≈ $66,000 | about $5,500 a month |
| CPF Ordinary Wage ceiling | $96,000 | $8,000 a month from 1 Jan 2026 |
| Top tax rate (24%) begins | $1,000,000 | chargeable income |
Worked example
A $120,000 salary (a citizen aged 35) for YA2026 pays $7,950 income tax on the first $120,000 and $19,200 in employee CPF, since CPF stops at the $96,000 ceiling. Take-home pay is about $92,850 a year, roughly $7,738 a month, an effective deduction rate of about 22.6 per cent. Personal reliefs would lower the tax further.
Key facts
- The first $20,000 of chargeable income is completely free of income tax.
- Employee CPF is capped: once you earn $8,000 a month, your monthly contribution stops rising.
- Employer CPF of 17 per cent is paid on top of your salary and never reduces your take-home pay.
- Singapore has no separate social security tax beyond CPF, and CPF only applies to citizens and permanent residents.
- Personal reliefs mean most residents pay less income tax than a gross-equals-chargeable estimate suggests.
Tips
- Claim every relief you are entitled to when you file. Earned Income Relief, CPF relief and reliefs for dependants can cut your chargeable income noticeably.
- Voluntary CPF top-ups or the Supplementary Retirement Scheme can lower your chargeable income while building long-term savings, subject to annual caps.
- Salary above the $96,000 ceiling carries no employee CPF, so a pay rise past that point lifts take-home pay more than a rise below it.
- If you are a foreigner weighing an offer, remember CPF does not apply to you, so compare offers on income tax alone.
Take-home pay at different salaries, YA2026 (citizen aged 55 or under)
| Gross salary | Income tax | Employee CPF | Take-home | A month |
|---|---|---|---|---|
| $36,000 | $410 | $7,200 | $28,390 | $2,366 |
| $60,000 | $1,950 | $12,000 | $46,050 | $3,838 |
| $84,000 | $3,810 | $16,800 | $63,390 | $5,283 |
| $120,000 | $7,950 | $19,200 | $92,850 | $7,738 |
| $200,000 | $21,150 | $19,200 | $159,650 | $13,304 |
Frequently asked questions
Why does the calculator use my whole salary as chargeable income?+
It has no way of knowing the reliefs you qualify for. Singapore gives every working resident at least the Earned Income Relief, and your own CPF contributions are also relievable, so chargeable income is normally well below gross pay. Treating gross as chargeable gives a conservative, upper-bound tax figure; your actual bill is usually smaller.
Is employer CPF deducted from my pay?+
No. The 17 per cent employer contribution is paid by your employer in addition to your salary and credited to your CPF accounts. Only your own 20 per cent share is taken from your wage, which is what this calculator deducts.
Do foreigners on a work pass pay CPF?+
No. CPF applies only to Singapore citizens and permanent residents. An Employment Pass or S Pass holder makes no CPF contribution, so for the same gross salary a foreigner takes home more, with only income tax deducted.
Why does my CPF stop increasing above a certain salary?+
Employee CPF is charged only on Ordinary Wages up to the ceiling, which rose to $8,000 a month ($96,000 a year) on 1 January 2026. Salary above the ceiling attracts no further monthly CPF, so the contribution flattens out at $19,200 a year.
Are bonuses treated the same way?+
Not quite. A bonus is an Additional Wage, and CPF on it is capped separately by the Additional Wage ceiling of $102,000 minus the Ordinary Wages already subject to CPF that year. This calculator models regular salary only, so it does not add bonus CPF.
Is there a Personal Income Tax Rebate for YA2026?+
No. Budget 2026 announced no rebate for individuals. The one-off rebates of recent years (50 per cent capped at $200 for YA2024, then 60 per cent capped at $200 for YA2025) were temporary measures that have ended, so nothing is added back here.
Things to watch
- This is a planning estimate, not financial or tax advice. It assumes no reliefs, so it overstates income tax for most residents. Check your own position with IRAS before relying on the figure.
- CPF rules depend on your age and residency status. Contribution rates step down from age 55, and the model here only fits citizens and PRs aged 55 or under.
- Bonuses are Additional Wages with their own CPF ceiling and are taxed as income; a bonus month will not match the steady-salary figures shown here.
- Any one-off rebate or Budget change announced after January 2026 is not reflected, so confirm the current year rules before acting.
Sources
- Individual Income Tax rates (resident) · IRAS
- Budget 2026: Tax Changes and Enterprise Disbursements · IRAS
- CPF contribution rate table from 1 January 2026 · CPF Board
- What is the Ordinary Wage (OW) ceiling? · CPF Board
Last updated: 2026-01-01 · Applies to YA2026
This is an estimate for general guidance, not financial, tax, legal or medical advice. Figures can change and individual circumstances vary. Always confirm with the official sources listed before making decisions.
- YA2026 resident income tax rates (the structure in force since YA2024, confirmed unchanged by Budget 2026). Models a Singapore citizen or PR aged 55 or under.
- Chargeable income is assumed equal to gross salary. No personal reliefs (Earned Income Relief, CPF relief, spouse, child, parent, course fees and the like) are applied, so the tax shown is an upper bound and real tax is usually lower.
- Employee CPF is 20% of Ordinary Wages up to the $8,000 a month ceiling ($96,000 a year) from 1 January 2026. Bonuses (Additional Wages) and their separate ceiling are not modelled.
- No Personal Income Tax Rebate applies for YA2026; the one-off YA2024 and YA2025 rebates have ended. The Skills Development Levy, an employer cost, is also excluded.
- Foreigners on work passes pay no CPF; for them, take-home is gross minus income tax only.
Reviewed by Vikas Dulgunde.