How much would i bring home after taxes

Find out how to calculate the income tax for tax residents and non-residents.

Sample calculation for tax residents

Mr Heng is 35 years old and married. He earned $50,000 in 2021. He has a newborn child in 2021 and is eligible for Parenthood Tax Rebate of $5,000. His chargeable income for the Year of Assessment (YA) 2022 is computed as follows:

Mr Heng's tax payable on his chargeable income of $34,750 is calculated as follows:

Mr Heng is entitled to Parenthood Tax Rebate of $5,000 in respect of his first child born in 2021 which is used to offset his income tax payable for YA 2022. The remaining amount ($5,000 - $366.25) will be used to offset his income tax payable in subsequent years until the rebate has been fully utilised.

Mr Fong was 64 years old in 2021 and had earned income of $250,000. His chargeable income for YA 2022 is computed as follows:

Mr Fong's tax payable on his chargeable income of $234,100 is calculated as follows:

Sample calculation for non-tax residents

Mr Gabriel, a Chile national, stayed and worked in Singapore from 1 Aug 2021 to 31 Oct 2021. He received a total salary of $21,000. His chargeable income for YA 2022 is computed as follows:

Mr Gabriel's tax payable on his chargeable income of $21,000 is calculated as follows:

Ms Burch, an American, received Director's fees of $85,000 in 2021. Her chargeable income for YA 2022 is computed as follows:

Ms Burch's tax payable on her chargeable income of $85,000 is calculated as follows: