WWealthKaki
CalculatorsGuidesAbout
WWealthKaki

Free Singapore financial calculators for CPF, HDB, SRS, retirement planning, and more. No signup required.

Get occasional SG money tips

Product

  • How it works
  • FAQ
  • About

Resources

  • All calculators
  • All guides
  • Planning scenarios
  • Calculator widgets
  • CPF Projection
  • HDB Affordability
  • SRS Tax Savings
  • Retirement Guide

Legal

  • Privacy Policy
  • Terms of Service
  • Disclaimer

© 2026 WealthKaki. All rights reserved.

WealthKaki provides educational information and general guidance. It does not replace professional financial advice. Please consult a licensed financial adviser before making major financial decisions.

Back to Calculators

Take-Home Pay & CPF Contribution Calculator

See what lands in your bank account after CPF, what your employer adds on top, and how much income tax to set aside, using the 2026 CPF rates.

How take-home pay works in Singapore

Your take-home pay is your gross salary minus your own CPF contribution. For a Singapore citizen aged 55 or below, that contribution is 20% of your monthly salary, so a $5,000 salary pays $4,000 into your bank account. Your employer pays a further 17% into CPF on top of your salary, which never appears in your pay but counts as your money: it goes to your Ordinary, Special and MediSave accounts.

Income tax is not deducted from your pay. Residents are taxed a year in arrears: income earned in 2026 is assessed in 2027, and you pay IRAS directly, in one sum or by GIRO. That is why the calculator shows a second figure, your monthly pay after setting aside tax, which is the amount you can safely spend.

Take-home pay at common salaries

For a citizen aged 30 with a one-month AWS and no reliefs beyond CPF and earned income relief:

Monthly salaryEmployee CPFTake-homeEmployer CPFIncome tax/yr
$3,000$600$2,400$510$207
$4,000$800$3,200$680$592
$5,000$1,000$4,000$850$1,320
$6,000$1,200$4,800$1,020$2,048
$8,000$1,600$6,400$1,360$3,649
$10,000$1,600$8,400$1,360$6,639

CPF contribution rates for 2026

Rates for citizens and PRs from their third year, on monthly wages above $750. They fall from age 56 to reflect that older workers are closer to drawing on their savings.

AgeEmployeeEmployerTotal
55 and below20%17%37%
56 to 6018%16%34%
61 to 6512.5%12.5%25%
66 to 707.5%9%16.5%
Above 705%7.5%12.5%

Below $750 a month, the employee share is phased in, and below $500 only the employer contributes. First- and second-year PRs pay lower graduated rates unless they and their employer apply to contribute at full rates.

The wage ceilings

Only the first $8,000 of monthly salary attracts CPF. Above that, every extra dollar goes straight to take-home pay, which is why employee CPF stops at $1,600 a month. Bonuses and AWS attract CPF up to an annual wage ceiling of $102,000, minus the ordinary wages that already attracted CPF during the year. On an $8,000 salary, only $6,000 of bonus a year attracts CPF; the rest is paid out in full.

How the income tax estimate works

The estimate starts from your salary and bonus, subtracts your employee CPF (CPF relief), earned income relief ($1,000 below 55, $6,000 from 55 and $8,000 from 60) and any other reliefs you enter, subject to the $80,000 cap on total reliefs. It then applies the resident tax brackets. It leaves out one-off rebates announced in the Budget and deductions such as donations, so your actual bill may be a little lower.

This tool provides educational estimates only, not tax or licensed financial advice. It uses CPF Board contribution rates from 1 January 2026 for private-sector employees and IRAS resident tax rates. Always confirm your figures against your payslip, the CPF contribution calculator and your IRAS notice of assessment.

Reviewed and maintained by Gokul

Builds WealthKaki calculators and maintains the Singapore CPF, HDB, SRS, tax, and insurance assumptions used across the site. About WealthKaki

Official references

CPF BoardIRAS

WealthKaki provides educational information and general guidance. It does not replace advice from a licensed financial adviser, tax professional, or legal professional. Read the full disclaimer.

Related guides

How to Budget Your Salary in Singapore After Seedly

A useful budget starts from spendable income, not gross salary. Build a Singapore-aware workflow that accounts for CPF, bills, family support, emergency funds, and long-term wealth.

Free: 2026 Singapore Financial Planning Checklist

A one-page checklist covering CPF, HDB, SRS, insurance, and retirement planning. Enter your email to get instant access and occasional financial tips.

Frequently Asked Questions

How much CPF is deducted from my salary?+

For Singapore citizens and PRs from their third year, aged 55 and below, the employee pays 20% of monthly wages and the employer adds 17%, for 37% in total. Only the first $8,000 of monthly salary counts, so the most you pay each month is $1,600. Rates are lower from age 56, and for first- and second-year PRs.

Is my bonus subject to CPF?+

Yes. Bonuses and AWS are additional wages and attract CPF at the same rates, up to the annual wage ceiling of $102,000 minus the ordinary wages that attracted CPF that year. If your monthly salary is $8,000 or more, only $6,000 of bonus a year attracts CPF.

Is income tax deducted from my monthly pay?+

No. Singapore employers do not withhold income tax for residents. You pay it the following year after IRAS sends your notice of assessment, in one sum or by GIRO in up to 12 instalments. The calculator shows a monthly amount to set aside so the bill is not a surprise.

Do foreigners pay CPF?+

No. Foreigners on employment passes and work permits do not contribute to CPF, so their take-home pay is their full salary. They still pay income tax, at resident rates if they are in Singapore for at least 183 days in the year.

Why is my take-home pay slightly different on my payslip?+

Payslips can also deduct self-help group contributions (CDAC, MBMF, SINDA or ECF, usually a few dollars a month), unpaid leave or claims. This calculator covers CPF and income tax only, using the CPF Board rounding rules.

Your Pay

Basic salary plus fixed allowances, before your CPF deduction

E.g. 1 for a 13th-month AWS only, 2.5 for AWS plus a 1.5-month bonus

SRS, CPF cash top-ups, parent, child or course fee reliefs. CPF and earned income relief are added automatically.

Rates used

CPF Board rates from 1 January 2026: 20% employee and 17% employer (37% in total) on wages up to the $8,000 ordinary wage ceiling. Income tax uses resident rates for income earned in 2026.

Monthly take-home pay after CPF

$4,000

$5,000 salary minus $1,000 employee CPF. Income tax is billed separately the following year.

Monthly Payslip

Gross salary$5,000
Employee CPF−$1,000
Take-home pay$4,000
Employer CPF (on top of salary)$850
Total CPF into your accounts$1,850

Ordinary (OA)

$1,150

Special (SA)

$300

MediSave (MA)

$400

Your Bonus

Bonus and AWS$5,000
Employee CPF on bonus−$1,000
Bonus after CPF$4,000

The Year, Including Income Tax

Salary and bonus$65,000
Employee CPF−$13,000
Estimated income taxOn chargeable income of $51,000 after $14,000 of reliefs. Effective rate 2.0%, marginal rate 7%.−$1,320
Take-home for the year$50,680
Per month, after setting aside taxPut about $110 a month aside for next year's tax bill$4,223

Your employer also pays $11,050 of CPF a year, so your total cost to them is about $76,050. Project where your CPF ends up by 55.

Disclaimer: This is an educational estimate, not tax or financial advice. It covers CPF and resident income tax only and excludes self-help group contributions, one-off tax rebates, and reliefs you have not entered. Check your payslip and your IRAS notice of assessment for exact figures.