Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$1,010
Central Provident Fund (CPF)
- S$202
Total tax
- S$202
Net pay
* S$808
Marginal tax rate
19.2%
Average tax rate
20.0%
80.0%
Net pay
20.0%
Total tax
Total tax
Net pay
The Taxberg
S$808
Net pay
S$172
Tax the employer pays
S$202
Tax you pay
Total tax paid
S$374
Did you know your employer also pays tax on your salary? It costs the employer S$172 to pay you S$1,010. In other words, every time you spend S$10 of your hard-earned money, S$3.70 goes to the government.
Real tax rate
31.6%
So, with you and the employer both paying tax, what used to be a 20% tax rate now rises to 31.6%, meaning your real tax rate is actually 11.6% higher than what it seemed at first.
Summary
If you make S$12,120 a year living in Singapore, you will be taxed S$2,423. That means that your net pay will be S$9,697 per year, or S$808 per month. Your average tax rate is 20.0% and your marginal tax rate is 19.2%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of S$100 in your salary will be taxed S$19.20, hence, your net pay will only increase by S$80.80.
Bonus Example
A S$1,000 bonus will generate an extra S$808 of net incomes. A S$5,000 bonus will generate an extra S$4,040 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
SGD 11,000
9.2%
1
Canada
SGD 9,322
23.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
SGD 12,120
0.0%
1
Hong Kong
SGD 12,120
0.0%
2
Thailand
SGD 11,457
5.5%
3
Pakistan
SGD 11,197
7.6%
4
Taiwan
SGD 11,047
8.9%
5
Malaysia
SGD 10,697
11.7%
6
South Korea
SGD 10,679
11.9%
7
New Zealand
SGD 10,610
12.5%
8
Indonesia
SGD 10,493
13.4%
9
Philippines
SGD 10,435
13.9%
10
Japan
SGD 9,849
18.7%
11
Singapore
SGD 9,697
20.0%
12
Vietnam
SGD 9,695
20.0%
13
Kazakhstan
SGD 9,599
20.8%
14
India
SGD 9,588
20.9%
15
China
SGD 8,653
28.6%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
SGD 11,157
8.0%
1
Colombia
SGD 11,150
8.0%
2
Ecuador
SGD 10,975
9.5%
3
Guatemala
SGD 10,958
9.6%
4
Costa Rica
SGD 10,847
10.5%
5
Panama
SGD 10,787
11.0%
6
Peru
SGD 10,605
12.5%
7
Mexico
SGD 10,354
14.6%
8
Brazil
SGD 10,207
15.8%
9
Chile
SGD 9,987
17.6%
10
Uruguay
SGD 9,684
20.1%
11
Argentina
SGD 7,869
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 11,034
9.0%
1
Morocco
SGD 9,849
18.7%
2
Mozambique
SGD 9,463
21.9%
3
Ivory Coast
SGD 9,295
23.3%
4
Cameroon
SGD 9,217
24.0%
5
Kenya
SGD 9,168
24.4%
6
Angola
SGD 9,034
25.5%
7
Ghana
SGD 8,941
26.2%
8
Nigeria
SGD 8,410
30.6%
9
Uganda
SGD 8,271
31.8%
10
Senegal
SGD 8,230
32.1%
11
Zambia
SGD 7,959
34.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 11,514
5.0%
1
Qatar
SGD 11,514
5.0%
2
Bahrain
SGD 11,150
8.0%
3
Oman
SGD 11,150
8.0%
4
Saudi Arabia
SGD 10,908
10.0%
5
Kuwait
SGD 10,787
11.0%
6
Israel
SGD 10,526
13.2%
7
Egypt
SGD 9,459
22.0%
8
Lebanon
SGD 9,343
22.9%
9
Turkey
SGD 7,121
41.3%
10
Show more
NOTE* Withholding is calculated based on the tables of Singapore, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. Income tax calculations include personal tax credit deductions. CPF calculations are determined for regular wages only, assuming there are no additional wages. This document does not represent legal authority and shall be used for approximation purposes only.