By MoneyBees
Enter your salary now and the new one. See the raise in percent, what you keep each month and each year after CPF and income tax, what it is worth after inflation, and how a counter-offer with a different AWS or bonus compares.
From 1 Jan 2027, CPF rates rise for workers above 55 to 65.
Now
New offer or raise
Pay increase
+10.0%
$500 a month on basic salary
Extra take-home a month
$400
after your CPF, before tax
Extra take-home a year
$4,836
after CPF and income tax
Your yearly pay goes from $65,000 to $71,500, +10.0% with AWS and bonus. You keep $4,836 of the $6,500 in cash, about 74%. Another $2,405 goes into your CPF accounts, and $364 goes in income tax.
After inflation of 2.3% (Aug 2026, SingStat), the raise is worth +7.5% in today's dollars.
Leave your email and we'll save this scenario so a MoneyBees adviser can follow up.
Or book a free chat if you'd rather talk it through.
| Gross pay | Your CPF | Income tax | Take-home | Employer CPF | |
|---|---|---|---|---|---|
| Now | $65,000 | $13,000 | $1,320 | $50,680 | $11,050 |
| New offer | $71,500 | $14,300 | $1,684 | $55,516 | $12,155 |
Tax on IRAS's current resident rates (YA2027) with CPF relief and Earned Income Relief only. CPF on the 2026 rates, the S$8,000 Ordinary Wage ceiling and the S$102,000 yearly ceiling.
A citizen aged 30 goes from S$5,000 to S$5,500 a month, with a one-month AWS both times. That is a 10% raise. Of the extra S$500 a month, 20% goes to CPF, so take-home rises by S$400.
Over 13 months the gross rises by S$6,500. Employee CPF takes S$1,300. Chargeable income moves from S$51,000 to S$56,200, all in the 7% band, so tax rises from S$1,320 to S$1,684. You keep S$4,836 a year, and your employer pays S$1,105 more into your CPF.
CPF is only charged on the first S$8,000 of monthly salary in 2026. Above that, no CPF comes off the raise, so more of it reaches your bank account. Income tax still applies, at your top rate.
A bonus or AWS counts as an Additional Wage. It attracts CPF until your total wages for the year reach S$102,000.
Figures checked 3 Oct 2026.
Divide the new salary by the old one, subtract 1 and multiply by 100. S$5,500 against S$5,000 is 5,500 / 5,000 = 1.10, a 10% raise.
Below the S$8,000 CPF Ordinary Wage ceiling, a citizen aged 55 and below pays 20% of the raise into CPF, so S$500 more a month becomes S$400 more in the bank. Income tax then takes your top rate on the raise after CPF relief.
Only the part of your chargeable income above a band limit is taxed at the higher rate. The rest is taxed as before, so a raise never leaves you with less after tax.
Divide 1 plus your raise by 1 plus inflation, then subtract 1. A 3% raise with 2.3% inflation is a real raise of about 0.7%. The calculator uses SingStat's latest headline figure.
Yes, up to the S$8,000 monthly Ordinary Wage ceiling. For a citizen aged 55 and below, the employer pays 17% of the extra salary into your CPF on top of your own 20%.
A one-month AWS adds a 13th month, and a bonus adds more months of salary. Both count as Additional Wages, which attract CPF until your total wages for the year reach S$102,000.
Compare the yearly totals, not the monthly basic. Add AWS and expected bonus, then employer CPF. A lower basic with a bigger bonus can come out ahead, but a bonus is not guaranteed.
No. Every salary figure is yours. It applies CPF Board's 2026 rates and IRAS's resident tax rates to the packages you enter.
These calculators provide general estimates for educational purposes only and are not personalised financial advice. Results may rely on rates and rules that change over time, so verify against official sources (IRAS, CPF Board, HDB, MAS) or consult a licensed financial adviser before making decisions.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).