Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$1,063
Central Provident Fund (CPF)
- S$212
Total tax
- S$212
Net pay
* S$851
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$851
Net pay
S$181
Tax the employer pays
S$212
Tax you pay
Total tax paid
S$393
Did you know your employer also pays tax on your salary? It costs the employer S$181 to pay you S$1,063. 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$12,756 a year living in Singapore, you will be taxed S$2,545. That means that your net pay will be S$10,211 per year, or S$851 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 11,559
9.4%
1
Canada
SGD 9,794
23.2%
2
Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 11,549
9.5%
1
Morocco
SGD 10,259
19.6%
2
Mozambique
SGD 9,921
22.2%
3
Ivory Coast
SGD 9,733
23.7%
4
Kenya
SGD 9,608
24.7%
5
Cameroon
SGD 9,588
24.8%
6
Angola
SGD 9,500
25.5%
7
Ghana
SGD 9,392
26.4%
8
Nigeria
SGD 8,843
30.7%
9
Uganda
SGD 8,684
31.9%
10
Senegal
SGD 8,644
32.2%
11
Zambia
SGD 8,318
34.8%
12
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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.