Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$10,417
Income Tax
- S$725
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$1,925
Net pay
* S$8,492
Marginal tax rate
15.0%
Average tax rate
18.5%
81.5%
Net pay
18.5%
Total tax
Total tax
Net pay
The Taxberg
S$8,492
Net pay
S$1,020
Tax the employer pays
S$1,925
Tax you pay
Total tax paid
S$2,945
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$10,417. In other words, every time you spend S$10 of your hard-earned money, S$2.83 goes to the government.
Real tax rate
25.8%
So, with you and the employer both paying tax, what used to be a 18.5% tax rate now rises to 25.8%, meaning your real tax rate is actually 7.3% higher than what it seemed at first.
Summary
If you make S$125,004 a year living in Singapore, you will be taxed S$23,101. That means that your net pay will be S$101,903 per year, or S$8,492 per month. Your average tax rate is 18.5% 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
Europe
Country 
Net pay
Average tax
Rank
Russia
SGD 108,753
13.0%
1
Hungary
SGD 101,878
18.5%
2
Ukraine
SGD 100,628
19.5%
3
Switzerland
SGD 98,070
21.6%
4
Czech Republic
SGD 94,841
24.1%
5
France
SGD 87,057
30.4%
6
United Kingdom
SGD 86,745
30.6%
7
Norway
SGD 83,467
33.2%
8
Spain
SGD 81,755
34.6%
9
Denmark
SGD 81,272
35.0%
10
Ireland
SGD 79,803
36.2%
11
Austria
SGD 77,138
38.3%
12
Poland
SGD 75,632
39.5%
13
Netherlands
SGD 75,394
39.7%
14
Sweden
SGD 75,270
39.8%
15
Luxembourg
SGD 73,232
41.4%
16
Romania
SGD 73,127
41.5%
17
Greece
SGD 72,750
41.8%
18
Germany
SGD 69,712
44.2%
19
Finland
SGD 66,493
46.8%
20
Italy
SGD 66,440
46.9%
21
Portugal
SGD 60,074
51.9%
22
Belgium
SGD 53,991
56.8%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 90,535
27.6%
1
Canada
SGD 83,629
33.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 108,140
13.5%
1
Kazakhstan
SGD 103,414
17.3%
2
Singapore
SGD 101,903
18.5%
3
Taiwan
SGD 101,739
18.6%
4
Thailand
SGD 96,299
23.0%
5
South Korea
SGD 92,725
25.8%
6
China
SGD 90,472
27.6%
7
Indonesia
SGD 89,470
28.4%
8
New Zealand
SGD 89,392
28.5%
9
Australia
SGD 89,329
28.5%
10
Japan
SGD 88,069
29.6%
11
Pakistan
SGD 87,227
30.2%
12
Malaysia
SGD 85,868
31.3%
13
Philippines
SGD 85,522
31.6%
14
Vietnam
SGD 83,446
33.3%
15
India
SGD 70,504
43.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 111,676
10.7%
1
Chile
SGD 98,465
21.2%
2
Costa Rica
SGD 97,685
21.9%
3
Uruguay
SGD 92,407
26.1%
4
Panama
SGD 92,328
26.1%
5
Colombia
SGD 91,662
26.7%
6
Puerto Rico
SGD 91,579
26.7%
7
Brazil
SGD 91,378
26.9%
8
Ecuador
SGD 89,128
28.7%
9
Peru
SGD 87,096
30.3%
10
Mexico
SGD 86,397
30.9%
11
Argentina
SGD 81,243
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 91,172
27.1%
1
Kenya
SGD 88,179
29.5%
2
Nigeria
SGD 85,194
31.9%
3
Mozambique
SGD 84,206
32.6%
4
Ghana
SGD 84,022
32.8%
5
Ivory Coast
SGD 83,702
33.0%
6
South Africa
SGD 81,893
34.5%
7
Morocco
SGD 78,768
37.0%
8
Cameroon
SGD 77,754
37.8%
9
Zambia
SGD 77,267
38.2%
10
Senegal
SGD 76,530
38.8%
11
Uganda
SGD 73,523
41.2%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 118,754
5.0%
1
Qatar
SGD 118,754
5.0%
2
Bahrain
SGD 115,004
8.0%
3
Oman
SGD 115,004
8.0%
4
Saudi Arabia
SGD 112,504
10.0%
5
Kuwait
SGD 112,419
10.1%
6
Egypt
SGD 94,122
24.7%
7
Lebanon
SGD 94,006
24.8%
8
Israel
SGD 86,999
30.4%
9
Turkey
SGD 73,059
41.6%
10
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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.