Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$1,050
Central Provident Fund (CPF)
- S$210
Total tax
- S$210
Net pay
* S$840
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$840
Net pay
S$179
Tax the employer pays
S$210
Tax you pay
Total tax paid
S$389
Did you know your employer also pays tax on your salary? It costs the employer S$179 to pay you S$1,050. 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$12,600 a year living in Singapore, you will be taxed S$2,515. That means that your net pay will be S$10,085 per year, or S$840 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 11,422
9.4%
1
Canada
SGD 9,678
23.2%
2
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 11,970
5.0%
1
Qatar
SGD 11,970
5.0%
2
Bahrain
SGD 11,592
8.0%
3
Oman
SGD 11,592
8.0%
4
Saudi Arabia
SGD 11,340
10.0%
5
Kuwait
SGD 11,214
11.0%
6
Israel
SGD 10,943
13.2%
7
Egypt
SGD 9,819
22.1%
8
Lebanon
SGD 9,703
23.0%
9
Turkey
SGD 7,362
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.