Salary Calculator Singapore
Calculate your take-home salary in Singapore
| Results | Yearly | Monthly |
|---|---|---|
| Gross Salary | SGDÂ 0 | SGDÂ 0 |
| Total Deductions | SGDÂ 0 | SGDÂ 0 |
| Take-Home | SGDÂ 0 | SGDÂ 0 |
2024 Salary After Tax Breakdown in Singapore
Detailed Breakdown of Taxes and Contributions
With a gross annual income of SGDÂ 0, our Salary After Tax Calculator for Singapore estimates your net monthly income to be around SGDÂ 0. This represents approximately NaN% of your gross monthly income deducted as taxes and contributions.
Below is a detailed breakdown of the taxes and contributions deducted from employment earnings in Singapore, as calculated by our salary after tax calculator.
| Yearly | Monthly | |
|---|---|---|
| Gross Income | SGDÂ 0 | SGDÂ 0 |
| Total Deductions (NaN%) | SGDÂ 0 | SGDÂ 0 |
| > CPF Contribution | SGDÂ 0 | SGDÂ 0 |
| > Personal Income Tax | SGDÂ 0 | SGDÂ 0 |
| Take-Home | SGDÂ 0 | SGDÂ 0 |
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.
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.
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.
| Sector | Monthly Gross Salary | Monthly Net Salary |
|---|---|---|
| Finance | SGDÂ 7,000 | SGDÂ 5,500 |
| Technology | SGDÂ 6,500 | SGDÂ 5,100 |
| Healthcare | SGDÂ 6,000 | SGDÂ 4,700 |
| Manufacturing | SGDÂ 5,800 | SGDÂ 4,500 |
| Retail | SGDÂ 5,600 | SGDÂ 4,400 |