Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$11,423
Income Tax
- S$876
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$2,076
Net pay
* S$9,347
Marginal tax rate
15.0%
Average tax rate
18.2%
81.8%
Net pay
18.2%
Total tax
Total tax
Net pay
The Taxberg
S$9,347
Net pay
S$1,020
Tax the employer pays
S$2,076
Tax you pay
Total tax paid
S$3,096
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$11,423. In other words, every time you spend S$10 of your hard-earned money, S$2.71 goes to the government.
Real tax rate
24.9%
So, with you and the employer both paying tax, what used to be a 18.2% tax rate now rises to 24.9%, meaning your real tax rate is actually 6.7% higher than what it seemed at first.
Summary
If you make S$137,076 a year living in Singapore, you will be taxed S$24,911. That means that your net pay will be S$112,165 per year, or S$9,347 per month. Your average tax rate is 18.2% 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 98,201
28.4%
1
Canada
SGD 90,460
34.0%
2
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 99,954
27.1%
1
Kenya
SGD 96,630
29.5%
2
Nigeria
SGD 93,405
31.9%
3
Mozambique
SGD 92,053
32.9%
4
Ghana
SGD 92,008
32.9%
5
Ivory Coast
SGD 91,939
32.9%
6
South Africa
SGD 88,678
35.3%
7
Morocco
SGD 86,084
37.2%
8
Cameroon
SGD 85,104
37.9%
9
Zambia
SGD 84,692
38.2%
10
Senegal
SGD 83,773
38.9%
11
Uganda
SGD 80,163
41.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 130,222
5.0%
1
Qatar
SGD 130,222
5.0%
2
Bahrain
SGD 126,110
8.0%
3
Oman
SGD 126,110
8.0%
4
Kuwait
SGD 123,465
9.9%
5
Saudi Arabia
SGD 123,368
10.0%
6
Egypt
SGD 103,176
24.7%
7
Lebanon
SGD 103,060
24.8%
8
Israel
SGD 93,904
31.5%
9
Turkey
SGD 80,090
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.