Your pay
Enter your gross monthly pay: basic plus fixed allowances, before CPF. Add your yearly bonus separately.
Each month
Bonus
For the year
How it is calculated
CPF comes out of every payslip. Income tax does not: IRAS sends one bill the following year, which you can pay in up to 12 instalments by GIRO.
- Your CPF: a share of your monthly pay up to S$8,000, plus the same share of your bonus. Your employer pays its own share on top.
- Bonus ceiling: CPF is charged on total wages up to S$102,000 a year. A bonus above what is left after 12 months of pay is free of CPF.
- Income tax: your yearly pay minus your CPF and the earned income relief, taxed at IRAS resident rates.
- Rounding: the total CPF is rounded to the nearest dollar and your share is rounded down, as CPF Board's rules require.
- Not included: other tax reliefs (parents, children, NSman, course fees, SRS and CPF top-ups), and any tax rebate announced later. These would lower your tax.
CPF rates in 2026
A worker aged 55 or below pays 20% of monthly pay into CPF, up to S$1,600 a month, and the employer adds 17%.
| Age | You pay | Employer pays | Total | Your maximum a month |
|---|---|---|---|---|
| 55 and below | 20% | 17% | 37% | S$1,600 |
| Above 55 to 60 | 18% | 16% | 34% | S$1,440 |
| Above 60 to 65 | 12.5% | 12.5% | 25% | S$1,000 |
| Above 65 to 70 | 7.5% | 9% | 16.5% | S$600 |
| Above 70 | 5% | 7.5% | 12.5% | S$400 |
- Lower pay: below S$750 a month, your share is phased in, and below S$500 only your employer contributes.
- New PRs: in the first two years, PRs and their employers pay lower graduated rates, unless both apply to pay full rates.
- Foreigners on work passes do not contribute to CPF.
Income tax rates
The first S$20,000 of chargeable income a year is tax-free. Rates then rise in steps from 2% to 24%.
| Chargeable income a year | Rate on this band | Total tax at top of band |
|---|---|---|
| First S$20,000 | 0% | S$0 |
| S$20,001 to S$30,000 | 2% | S$200 |
| S$30,001 to S$40,000 | 3.5% | S$550 |
| S$40,001 to S$80,000 | 7% | S$3,350 |
| S$80,001 to S$120,000 | 11.5% | S$7,950 |
| S$120,001 to S$160,000 | 15% | S$13,950 |
| S$160,001 to S$200,000 | 18% | S$21,150 |
| S$200,001 to S$240,000 | 19% | S$28,750 |
| S$240,001 to S$280,000 | 19.5% | S$36,550 |
| S$280,001 to S$320,000 | 20% | S$44,550 |
| S$320,001 to S$500,000 | 22% | S$84,150 |
| S$500,001 to S$1,000,000 | 23% | S$199,150 |
| Above S$1,000,000 | 24% | – |
- Tax residents are citizens, PRs and foreigners in Singapore for 183 days or more in the year.
- Non-residents pay the higher of 15% of their pay or the resident rates, with no reliefs.
- Earned income relief: S$1,000 below age 55, S$6,000 from 55 to 59, and S$8,000 from 60.
Common questions
How much CPF is deducted from my salary?
20% of your monthly pay up to S$8,000 if you are 55 or below, so at most S$1,600 a month. Your employer adds 17%. The rates fall from age 55.
What is the take-home pay on a S$6,000 salary in Singapore?
S$4,800 a month after the 20% CPF deduction for a citizen aged 55 or below. Income tax comes on top once a year; on S$6,000 with a one-month bonus it is about S$2,040 for the year.
Why is my tax not on my payslip?
Singapore does not deduct income tax from monthly pay. Your employer reports your pay to IRAS, and IRAS sends you a tax bill around May of the following year.
Is the 13th month (AWS) a bonus here?
Yes. CPF treats the 13th month and performance bonuses as additional wages. Add them together in months of pay.
Where does my CPF go?
Into your Ordinary, Special or Retirement, and MediSave accounts, in shares that depend on your age. It stays your money for housing, healthcare and retirement.
Does my employer's CPF count as my pay?
It is part of what your employer spends on you, but it is not in your gross pay and is not taxed. Job offers usually quote gross pay without it.
Sources
CPF Board and IRAS
- CPF Board, CPF contribution rate table from 1 January 2026, Tables 1 to 3. Copy kept in data/sg/cpf/2026/raw.
- CPF Board, Ordinary Wage ceiling: S$8,000 a month from 2026; annual salary ceiling S$102,000.
- IRAS, individual income tax rates, Year of Assessment 2024 onwards. Checked 17 October 2026.
- IRAS, earned income relief.