Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$10,717
Income Tax
- S$770
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$1,970
Net pay
* S$8,747
Marginal tax rate
15.0%
Average tax rate
18.4%
81.6%
Net pay
18.4%
Total tax
Total tax
Net pay
The Taxberg
S$8,747
Net pay
S$1,020
Tax the employer pays
S$1,970
Tax you pay
Total tax paid
S$2,990
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$10,717. In other words, every time you spend S$10 of your hard-earned money, S$2.79 goes to the government.
Real tax rate
25.5%
So, with you and the employer both paying tax, what used to be a 18.4% tax rate now rises to 25.5%, meaning your real tax rate is actually 7.1% higher than what it seemed at first.
Summary
If you make S$128,604 a year living in Singapore, you will be taxed S$23,641. That means that your net pay will be S$104,963 per year, or S$8,747 per month. Your average tax rate is 18.4% 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 111,885
13.0%
1
Hungary
SGD 104,812
18.5%
2
Ukraine
SGD 103,526
19.5%
3
Switzerland
SGD 100,577
21.8%
4
Czech Republic
SGD 97,613
24.1%
5
France
SGD 88,979
30.8%
6
United Kingdom
SGD 88,788
31.0%
7
Norway
SGD 85,397
33.6%
8
Spain
SGD 83,720
34.9%
9
Denmark
SGD 83,116
35.4%
10
Ireland
SGD 81,531
36.6%
11
Austria
SGD 79,226
38.4%
12
Poland
SGD 77,704
39.6%
13
Netherlands
SGD 77,212
40.0%
14
Sweden
SGD 77,071
40.1%
15
Romania
SGD 75,233
41.5%
16
Luxembourg
SGD 74,881
41.8%
17
Greece
SGD 74,766
41.9%
18
Germany
SGD 71,484
44.4%
19
Italy
SGD 68,073
47.1%
20
Finland
SGD 67,818
47.3%
21
Portugal
SGD 61,460
52.2%
22
Belgium
SGD 55,337
57.0%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 92,842
27.8%
1
Canada
SGD 85,666
33.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 111,128
13.6%
1
Kazakhstan
SGD 106,654
17.1%
2
Singapore
SGD 104,963
18.4%
3
Taiwan
SGD 104,259
18.9%
4
Thailand
SGD 98,819
23.2%
5
South Korea
SGD 94,860
26.2%
6
China
SGD 92,992
27.7%
7
Indonesia
SGD 91,903
28.5%
8
New Zealand
SGD 91,804
28.6%
9
Australia
SGD 91,525
28.8%
10
Japan
SGD 90,332
29.8%
11
Pakistan
SGD 89,567
30.4%
12
Malaysia
SGD 88,174
31.4%
13
Philippines
SGD 87,874
31.7%
14
Vietnam
SGD 85,786
33.3%
15
India
SGD 72,436
43.7%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 114,862
10.7%
1
Chile
SGD 100,858
21.6%
2
Costa Rica
SGD 100,263
22.0%
3
Uruguay
SGD 95,248
25.9%
4
Panama
SGD 94,731
26.3%
5
Colombia
SGD 94,317
26.7%
6
Brazil
SGD 93,988
26.9%
7
Puerto Rico
SGD 93,715
27.1%
8
Ecuador
SGD 91,247
29.1%
9
Peru
SGD 89,301
30.6%
10
Mexico
SGD 88,773
31.0%
11
Argentina
SGD 83,583
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 93,791
27.1%
1
Kenya
SGD 90,699
29.5%
2
Nigeria
SGD 87,642
31.9%
3
Mozambique
SGD 86,546
32.7%
4
Ghana
SGD 86,403
32.8%
5
Ivory Coast
SGD 86,158
33.0%
6
South Africa
SGD 84,007
34.7%
7
Morocco
SGD 80,950
37.1%
8
Cameroon
SGD 79,946
37.8%
9
Zambia
SGD 79,481
38.2%
10
Senegal
SGD 78,690
38.8%
11
Uganda
SGD 75,503
41.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 122,174
5.0%
1
Qatar
SGD 122,174
5.0%
2
Bahrain
SGD 118,316
8.0%
3
Oman
SGD 118,316
8.0%
4
Saudi Arabia
SGD 115,744
10.0%
5
Kuwait
SGD 115,713
10.0%
6
Egypt
SGD 96,822
24.7%
7
Lebanon
SGD 96,706
24.8%
8
Israel
SGD 89,058
30.8%
9
Turkey
SGD 75,156
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.