A pill, or like object, splitting apparatus includes a base having a bottom and continuous side walls defining an interior area. The side wall defines primary apertures. A cutting platform is situated in the interior area in a first horizontal plane defined by apertures, the cutting platform defining a bore extending horizontally between the primary apertures. Primary clamp members extends through respective primary apertures into the bore of the cutting platform. The clamp members engage with the pill to position and hold the pill/tablet stable during the cutting process. A plunger assembly having a compression plate and a blade is operatively coupled to the compression plate, the plunger selectively positioned in communication with the interior area via the open top of the base such that the blade severs the pill upon a downward pressure on the compression plate. The cutting portion is interchangeable with different configurations of blade/blades.