Singapore net salary calculator (CPF & tax)
Singapore net salary calculator (CPF & tax)Your Singapore net pay is gross minus employee CPF (20%, capped) and resident income tax, which is assessed annually rather than withheld.
Worked example · Net / year
You keep 78.2% of gross pay 21.8% goes to tax and contributions
With Gross annual salary of 60,000 SGD, this model computes Net / year 46,890 SGD. See the full working.
✓ Verified against 2 self-test cases Updated for YA2026 · sources checked 2026-08-02
How net pay in Singapore is calculated
Singapore employees under 55 contribute 20% of wages to CPF, up to the ordinary-wage ceiling. Income tax is charged separately on the progressive resident scale from 0% to 24%, but it is assessed annually and paid later, not deducted each month.
CPF and earned-income reliefs reduce the chargeable income. The calculator shows CPF and the annual tax so you can see both take-home and the tax bill. Estimate, not tax advice.
Worked example
ShowHide the full working: 1 input, 4 computed steps
| Inputs | |
|---|---|
| Gross annual salary | 60,000 SGD |
| Computed by the engine | |
| Employee CPF (20%) ✓ pinned | 12,000 SGD |
| Chargeable income ✓ pinned | 48,000 SGD |
| Income tax ✓ pinned | 1,110 SGD |
| Net / year (after CPF & tax) ✓ pinned | 46,890 SGD |
Every computed row comes from the engine, run on the inputs above. Rows marked ✓ pinned are also fixed by a published self-test, so a change to the model that moved them would fail its own tests.
Frequently asked questions
What is take-home on 60,000 SGD in Singapore?
Employee CPF of 12,000 leaves 48,000 chargeable, on which annual tax is about 1,110 SGD, so net after CPF and tax is around 46,890.
Is income tax deducted monthly in Singapore?
No — it is assessed annually and paid after the year, unlike CPF which is deducted each month.
What is the CPF ceiling?
Ordinary wages are capped at 8,000 SGD/month from 1 January 2026 (96,000 a year) for the 20% employee contribution.
Sources
Estimate. Not tax advice. The verification badge means the model reproduces the stated formula through 2 self-test cases; the sources support that the formula matches the rules.
Check the arithmetic yourself: how this calculator is verified — the formula behind every derived value, the 2 test cases the engine reproduces, and what the badge does and does not claim. Also available as machine-readable JSON.
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