How it's calculated
Take-home pay in Singapore is your salary less your own CPF contributions and income tax. Citizens and permanent residents (from their third year) pay CPF on ordinary wages up to $8,000 a month in 2026, at rates set by age.CPF Board Income tax for 2026 is assessed in YA 2027 on chargeable income: income less Earned Income Relief and CPF relief, taxed at the resident rates from 0% to 24%.IRAS
The formula
Your CPF = 20% × min(monthly salary, $8,000) each month (55 and below; lower rates at older ages), plus CPF on bonuses up to the $102,000 annual ceiling
Chargeable income = salary + bonus − Earned Income Relief − CPF relief
Take-home pay = salary + bonus − your CPF − income tax
Worked example
A citizen aged 30 earning $6,000 a month pays $14,400 of CPF and $1,712 of income tax for the year, leaving $4,657 a month.
| Line | Per year | Per month |
|---|---|---|
| Gross salary | $72,000 | $6,000 |
| Your CPF (20%, age 55 and below) | -$14,400 | -$1,200 |
| Earned Income Relief | $1,000 | $83 |
| CPF relief | $14,400 | $1,200 |
| Chargeable income | $56,600 | $4,717 |
| Income tax (resident rates) | -$1,712 | -$143 |
| Take-home pay | $55,888 | $4,657 |
| Employer CPF (17%), on top of salary | $12,240 | $1,020 |
A foreigner on the same salary who is resident for tax pays no CPF and takes home $5,773 a month.
Assumptions and limitations
- CPF at the full rates for citizens and third-year PRs. First- and second-year PRs pay graduated rates, which are not modelled.
- Reliefs: Earned Income Relief and CPF relief only. Spouse, child, parent, CPF top-up and other reliefs, and any tax rebate, are not included.
- One employer, one bonus paid in a single month.