Take-home pay calculator 2026
Work out your take-home pay after CPF, any self-help group contribution and the income tax IRAS bills you for the year, with a bonus and a one-off payment, and every step of the sum shown.
Paid with that month's ordinary pay. CPF on it is an Additional Wage, charged in that month up to the year's Additional Wage ceiling; income tax is worked out on your income for the whole year, the payment included.
Not yet included: reliefs other than Earned Income Relief and CPF Relief, so the tax shown is the most you would pay; any tax rebate for the year, which has not been announced; voluntary CPF; two or more employers; and the tax clearance of a foreign employee who is leaving.
Every figure here is your ordinary pay spread evenly, after the income tax on that pay alone. A bonus or one-off payment, and the tax it adds to the year's bill, are shown below and in the worked calculation.
Where your $60,000 goes
| Year | Month | Week | |
|---|---|---|---|
| Gross pay | $60,000.00 | $5,000.00 | $1,153.85 |
| Employee CPF | −$12,000.00 | −$1,000.00 | −$230.77 |
| Income tax (billed by IRAS) | −$1,040.00 | −$86.67 | −$20.00 |
| Take-home pay | $46,960.00 | $3,913.33 | $903.08 |
Every step of your take-home pay
What these figures are, and what they are not
Your employer takes employee CPF from each month's wages: on your ordinary pay up to the monthly Ordinary Wage ceiling, and on a bonus or one-off payment up to the year's Additional Wage ceiling, at the rates for your CPF status and age. Any self-help group contribution is a few dollars a month, taken the same way. Nothing else is taken from your pay.
Income tax is not withheld from pay in Singapore. IRAS assesses your income for the year after it ends and sends you a bill, which you pay to IRAS. These figures take that bill off your pay for the year so the take-home is what you keep once it is paid, with Earned Income Relief and CPF Relief applied and no other relief, so the tax shown is the most you would pay.
Common questions
How is income tax worked out in Singapore?
On your income for the whole year, assessed by IRAS after the year ends: your 2026 income is taxed in Year of Assessment 2027. A tax resident pays nothing on the first $20,000 of chargeable income, then rates rising from 2% to 24% on income above $1,000,000. Income tax is not taken from your pay; IRAS sends you a bill.
How much CPF do I pay?
As a Citizen, or a Permanent Resident from the third year, aged 55 or under, you pay 20% of your wages and your employer adds its own share on top, 37% in all. CPF on your ordinary pay stops at the Ordinary Wage ceiling of $8,000 a month, and CPF on all your wages for the year stops at $102,000. A foreigner pays no CPF.
What is a self-help group contribution?
A small monthly deduction your employer passes to the community fund your race or religion names: CDAC, ECF, MBMF or SINDA. It rises in steps with your wages for the month, and you can opt out with the group. This calculator takes none unless you choose a group.
When do I pay the income tax?
After the year. You file your income for 2026 in the next year's tax season, IRAS sends you a bill for Year of Assessment 2027, and you pay it within 1 month of the bill. Nothing is taken from your pay for it.
MyNetIncome gives estimates, not tax or financial advice. Figures follow the rules of IRAS and the CPF Board for income earned in 2026; your payslip and your tax bill can differ because of reliefs, rebates or deductions this page does not ask about. Not affiliated with or endorsed by IRAS or the CPF Board.Estimates, not tax or financial advice. Your payslip and tax bill can differ. Not affiliated with IRAS or the CPF Board.