Salary Calculator Singapore
Calculate your take-home salary in Singapore
Calculate Your Salary
Your Salary Breakdown
| Component | Annual Amount | Monthly Amount |
|---|---|---|
| Gross Salary | S$0 | S$0 |
| Total Deductions | S$0 | S$0 |
| Net Take-Home Pay | S$0 | S$0 |
About Your Deductions
- CPF Contribution is calculated based on current 2024 rates
- Personal Income Tax is calculated based on current 2024 rates
2024 Salary After Tax Breakdown in Singapore
Detailed Breakdown of Taxes and Contributions
Singapore Tax Breakdown 2024
With a gross annual income of SGD 0, our Salary After Tax Calculator for Singapore estimates your net monthly income to be around SGD 0.
Here is an itemized breakdown of the deductions applied to employment income in Singapore, as precisely computed by our salary after tax calculator:
| Item | Yearly Amount | Monthly Amount |
|---|---|---|
| Gross Income | SGD 0 | SGD 0 |
| CPF Contribution | SGD 0 | SGD 0 |
| Personal Income Tax | SGD 0 | SGD 0 |
| Net Income (Take-Home Pay) | SGD 0 | SGD 0 |
Understanding Your Tax Breakdown
- Your gross annual salary of SGD 0 is subject to 2 main deductions in Singapore.
- The largest deduction is CPF Contribution, at SGD 0 per year.
- Your final take-home pay is SGD 0 per month, or SGD 0 annually.
In Singapore, there is no official minimum wage, but there are sector-specific minimum wages for certain sectors such as cleaning, security, and landscape. These sectoral minimum wages aim to ensure a basic standard of living for workers in these sectors.
For example, the Progressive Wage Model in the cleaning sector ensures that cleaners earn a minimum monthly wage of approximately SGD 1,200. This model is adjusted annually in line with inflation and economic conditions.
Average Salaries in Singapore (2024)
The latest data indicates that the average yearly salary in Singapore is approximately SGD 67,152. This figure can vary significantly based on factors such as job role, experience level, and the specific industry of employment. The median monthly gross salary in Singapore is estimated to be SGD 5,596, with variations depending on the region.
Annual Average
SGD 67,152
Monthly Average
SGD 5,596
In Singapore, industries like finance, technology, and healthcare are known for offering competitive salaries. Below is a detailed breakdown of median salaries by sector within Singapore. Additionally, insights into net salaries after tax deductions are provided to give a better understanding of potential take-home pay.
Salary Ranges by Experience Level
Entry Level
SGD 47,006 - SGD 60,437
Mid Level
SGD 60,437 - SGD 87,298
Senior Level
SGD 87,298+
Regional Salary Variations in Singapore
| Region | Monthly Gross Salary | Monthly Net Salary |
|---|---|---|
| Finance | SGD 7,000 | SGD 5,500 |
| Technology | SGD 6,500 | SGD 5,100 |
| Healthcare | SGD 6,000 | SGD 4,700 |
| Manufacturing | SGD 5,800 | SGD 4,500 |
| Retail | SGD 5,600 | SGD 4,400 |
Key Salary Insights
- Highest paying region: Finance with average gross salary of SGD 7,000
- Lowest paying region: Retail with average gross salary of SGD 5,600
- Average take-home pay ratio: 78% of gross salary
- Salary range variation: Up to 25% difference between regions
Important Disclaimer
The information provided by this salary calculator is for general informational purposes only. While we strive to keep the information up to date and accurate, tax regulations and rates can change frequently.
This calculator provides estimates only and should not be considered as financial advice. For accurate calculations and advice tailored to your specific situation, please consult a qualified tax advisor, accountant, or other professional financial expert in Singapore.
Tax calculations can be complex and may be affected by various factors not accounted for in this basic calculator. Always verify tax obligations with official sources or professional advisors before making any financial decisions.