Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$10,146
Income Tax
- S$684
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$1,884
Net pay
* S$8,262
Marginal tax rate
15.0%
Average tax rate
18.6%
81.4%
Net pay
18.6%
Total tax
Total tax
Net pay
The Taxberg
S$8,262
Net pay
S$1,020
Tax the employer pays
S$1,884
Tax you pay
Total tax paid
S$2,904
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$10,146. In other words, every time you spend S$10 of your hard-earned money, S$2.86 goes to the government.
Real tax rate
26.0%
So, with you and the employer both paying tax, what used to be a 18.6% tax rate now rises to 26.0%, meaning your real tax rate is actually 7.4% higher than what it seemed at first.
Summary
If you make S$121,752 a year living in Singapore, you will be taxed S$22,613. That means that your net pay will be S$99,139 per year, or S$8,262 per month. Your average tax rate is 18.6% and your marginal tax rate is 15.0%. 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$15, hence, your net pay will only increase by S$85.
Bonus Example
A S$1,000 bonus will generate an extra S$850 of net incomes. A S$5,000 bonus will generate an extra S$4,250 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
SGD 88,450
27.4%
1
Canada
SGD 81,788
32.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 105,441
13.4%
1
Kazakhstan
SGD 100,487
17.5%
2
Taiwan
SGD 99,462
18.3%
3
Singapore
SGD 99,139
18.6%
4
Thailand
SGD 94,022
22.8%
5
South Korea
SGD 90,797
25.4%
6
China
SGD 88,195
27.6%
7
Australia
SGD 87,345
28.3%
8
Indonesia
SGD 87,272
28.3%
9
New Zealand
SGD 87,213
28.4%
10
Japan
SGD 86,026
29.3%
11
Pakistan
SGD 85,113
30.1%
12
Malaysia
SGD 83,777
31.2%
13
Philippines
SGD 83,398
31.5%
14
Vietnam
SGD 81,332
33.2%
15
India
SGD 68,758
43.5%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 108,798
10.6%
1
Chile
SGD 96,266
20.9%
2
Costa Rica
SGD 95,357
21.7%
3
Panama
SGD 90,157
26.0%
4
Puerto Rico
SGD 89,649
26.4%
5
Uruguay
SGD 89,385
26.6%
6
Colombia
SGD 89,268
26.7%
7
Brazil
SGD 89,020
26.9%
8
Ecuador
SGD 87,214
28.4%
9
Peru
SGD 85,104
30.1%
10
Mexico
SGD 84,250
30.8%
11
Argentina
SGD 79,130
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 88,806
27.1%
1
Kenya
SGD 85,903
29.4%
2
Nigeria
SGD 82,982
31.8%
3
Mozambique
SGD 82,092
32.6%
4
Ghana
SGD 81,871
32.8%
5
Ivory Coast
SGD 81,483
33.1%
6
South Africa
SGD 79,983
34.3%
7
Morocco
SGD 76,798
36.9%
8
Cameroon
SGD 75,774
37.8%
9
Zambia
SGD 75,267
38.2%
10
Senegal
SGD 74,579
38.8%
11
Uganda
SGD 71,734
41.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 115,664
5.0%
1
Qatar
SGD 115,664
5.0%
2
Bahrain
SGD 112,012
8.0%
3
Oman
SGD 112,012
8.0%
4
Saudi Arabia
SGD 109,577
10.0%
5
Kuwait
SGD 109,444
10.1%
6
Egypt
SGD 91,683
24.7%
7
Lebanon
SGD 91,567
24.8%
8
Israel
SGD 85,138
30.1%
9
Turkey
SGD 71,165
41.6%
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.