Configure Inputs

SGD 6.00K
SGD
SGD 2.00KSGD 50.00K
1
months
012

Includes CPF (20%) for employees under 55. Calculates Personal Income Tax based on YA 2024 resident rates.

Monthly Take-Home Pay

$5,024.00

CPF Contribution

SGD 15.60K

Income Tax

SGD 2.12K

Annual Net Pay

SGD 60.28K

Break-up of Maturity Value

Invested Amount
Est. Returns
Annual Gross$78,000.00
Employee CPF (20%)-$15,600.00
Income Tax (Est)-$2,118.00
Employer CPF (17%)+$13,260.00

Singapore Salary Breakdown

Principal
Interest
Fees & Charges
Take-Home vs CPF vs Tax

Deep Dive & FAQ

Understanding CPF and Resident Tax

Singapore has one of the world's most business-friendly tax systems, featuring low progressive rates and generous relief schemes.

  • CPF Contributions: Mandatory for Singapore Citizens and PRs. Employee contribution is typically 20% (up to a salary ceiling).
  • Progressive Brackets: Tax rates start at 0% and go up to 24% for very high earners (YA 2024).
  • Tax Reliefs: Citizens enjoy reliefs for Earned Income, CPF, dependents, and SRS contributions.