Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$11,449
Income Tax
- S$880
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$2,080
Net pay
* S$9,369
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$9,369
Net pay
S$1,020
Tax the employer pays
S$2,080
Tax you pay
Total tax paid
S$3,100
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$11,449. 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$137,388 a year living in Singapore, you will be taxed S$24,958. That means that your net pay will be S$112,430 per year, or S$9,369 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 98,394
28.4%
1
Canada
SGD 90,637
34.0%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 122,637
10.7%
1
Chile
SGD 106,568
22.4%
2
Costa Rica
SGD 106,552
22.4%
3
Uruguay
SGD 101,333
26.2%
4
Colombia
SGD 100,795
26.6%
5
Panama
SGD 100,594
26.8%
6
Brazil
SGD 100,356
27.0%
7
Puerto Rico
SGD 98,929
28.0%
8
Ecuador
SGD 96,417
29.8%
9
Peru
SGD 94,681
31.1%
10
Mexico
SGD 94,570
31.2%
11
Argentina
SGD 89,293
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 100,181
27.1%
1
Kenya
SGD 96,848
29.5%
2
Nigeria
SGD 93,617
31.9%
3
Mozambique
SGD 92,255
32.9%
4
Ghana
SGD 92,214
32.9%
5
Ivory Coast
SGD 92,152
32.9%
6
South Africa
SGD 88,850
35.3%
7
Morocco
SGD 86,273
37.2%
8
Cameroon
SGD 85,294
37.9%
9
Zambia
SGD 84,884
38.2%
10
Senegal
SGD 83,960
38.9%
11
Uganda
SGD 80,334
41.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 130,519
5.0%
1
Qatar
SGD 130,519
5.0%
2
Bahrain
SGD 126,397
8.0%
3
Oman
SGD 126,397
8.0%
4
Kuwait
SGD 123,751
9.9%
5
Saudi Arabia
SGD 123,649
10.0%
6
Egypt
SGD 103,410
24.7%
7
Lebanon
SGD 103,294
24.8%
8
Israel
SGD 94,082
31.5%
9
Turkey
SGD 80,272
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.