Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$11,077
Income Tax
- S$824
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$2,024
Net pay
* S$9,053
Marginal tax rate
15.0%
Average tax rate
18.3%
81.7%
Net pay
18.3%
Total tax
Total tax
Net pay
The Taxberg
S$9,053
Net pay
S$1,020
Tax the employer pays
S$2,024
Tax you pay
Total tax paid
S$3,044
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$11,077. In other words, every time you spend S$10 of your hard-earned money, S$2.75 goes to the government.
Real tax rate
25.2%
So, with you and the employer both paying tax, what used to be a 18.3% tax rate now rises to 25.2%, meaning your real tax rate is actually 6.9% higher than what it seemed at first.
Summary
If you make S$132,924 a year living in Singapore, you will be taxed S$24,289. That means that your net pay will be S$108,635 per year, or S$9,053 per month. Your average tax rate is 18.3% 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 95,611
28.1%
1
Canada
SGD 88,111
33.7%
2
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 96,934
27.1%
1
Kenya
SGD 93,723
29.5%
2
Nigeria
SGD 90,581
31.9%
3
Mozambique
SGD 89,354
32.8%
4
Ghana
SGD 89,261
32.9%
5
Ivory Coast
SGD 89,106
33.0%
6
South Africa
SGD 86,394
35.0%
7
Morocco
SGD 83,568
37.1%
8
Cameroon
SGD 82,576
37.9%
9
Zambia
SGD 82,138
38.2%
10
Senegal
SGD 81,282
38.9%
11
Uganda
SGD 77,879
41.4%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 126,278
5.0%
1
Qatar
SGD 126,278
5.0%
2
Bahrain
SGD 122,290
8.0%
3
Oman
SGD 122,290
8.0%
4
Kuwait
SGD 119,666
10.0%
5
Saudi Arabia
SGD 119,632
10.0%
6
Egypt
SGD 100,062
24.7%
7
Lebanon
SGD 99,946
24.8%
8
Israel
SGD 91,529
31.1%
9
Turkey
SGD 77,672
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.