Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$11,677
Income Tax
- S$914
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$2,114
Net pay
* S$9,563
Marginal tax rate
15.0%
Average tax rate
18.1%
81.9%
Net pay
18.1%
Total tax
Total tax
Net pay
The Taxberg
S$9,563
Net pay
S$1,020
Tax the employer pays
S$2,114
Tax you pay
Total tax paid
S$3,134
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$11,677. In other words, every time you spend S$10 of your hard-earned money, S$2.68 goes to the government.
Real tax rate
24.7%
So, with you and the employer both paying tax, what used to be a 18.1% tax rate now rises to 24.7%, meaning your real tax rate is actually 6.6% higher than what it seemed at first.
Summary
If you make S$140,124 a year living in Singapore, you will be taxed S$25,369. That means that your net pay will be S$114,755 per year, or S$9,563 per month. Your average tax rate is 18.1% 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 121,908
13.0%
1
Hungary
SGD 114,201
18.5%
2
Ukraine
SGD 112,800
19.5%
3
Switzerland
SGD 108,279
22.7%
4
Czech Republic
SGD 106,483
24.0%
5
United Kingdom
SGD 95,326
32.0%
6
France
SGD 95,131
32.1%
7
Norway
SGD 91,572
34.7%
8
Spain
SGD 90,010
35.8%
9
Denmark
SGD 89,017
36.5%
10
Ireland
SGD 87,061
37.9%
11
Austria
SGD 85,907
38.7%
12
Poland
SGD 84,334
39.8%
13
Netherlands
SGD 83,029
40.8%
14
Sweden
SGD 82,833
40.9%
15
Romania
SGD 81,973
41.5%
16
Greece
SGD 81,217
42.0%
17
Luxembourg
SGD 80,160
42.8%
18
Germany
SGD 77,154
44.9%
19
Italy
SGD 73,301
47.7%
20
Finland
SGD 72,060
48.6%
21
Portugal
SGD 65,895
53.0%
22
Belgium
SGD 59,643
57.4%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 100,087
28.6%
1
Canada
SGD 92,185
34.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 120,690
13.9%
1
Kazakhstan
SGD 117,022
16.5%
2
Singapore
SGD 114,755
18.1%
3
Taiwan
SGD 112,323
19.8%
4
Thailand
SGD 106,883
23.7%
5
China
SGD 106,269
24.2%
6
South Korea
SGD 101,692
27.4%
7
Indonesia
SGD 99,691
28.9%
8
New Zealand
SGD 99,523
29.0%
9
Australia
SGD 98,552
29.7%
10
Japan
SGD 97,572
30.4%
11
Pakistan
SGD 97,055
30.7%
12
Malaysia
SGD 95,549
31.8%
13
Philippines
SGD 95,401
31.9%
14
Vietnam
SGD 93,274
33.4%
15
India
SGD 78,620
43.9%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 125,059
10.8%
1
Costa Rica
SGD 108,511
22.6%
2
Chile
SGD 108,346
22.7%
3
Uruguay
SGD 103,228
26.3%
4
Colombia
SGD 102,812
26.6%
5
Panama
SGD 102,420
26.9%
6
Brazil
SGD 102,340
27.0%
7
Puerto Rico
SGD 100,553
28.2%
8
Ecuador
SGD 98,027
30.0%
9
Mexico
SGD 96,376
31.2%
10
Peru
SGD 96,357
31.2%
11
Argentina
SGD 91,071
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 102,172
27.1%
1
Kenya
SGD 98,763
29.5%
2
Nigeria
SGD 95,478
31.9%
3
Mozambique
SGD 94,034
32.9%
4
Ghana
SGD 94,024
32.9%
5
Ivory Coast
SGD 94,019
32.9%
6
South Africa
SGD 90,354
35.5%
7
Morocco
SGD 87,931
37.3%
8
Cameroon
SGD 86,960
37.9%
9
Zambia
SGD 86,566
38.2%
10
Senegal
SGD 85,602
38.9%
11
Uganda
SGD 81,839
41.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 133,118
5.0%
1
Qatar
SGD 133,118
5.0%
2
Bahrain
SGD 128,914
8.0%
3
Oman
SGD 128,914
8.0%
4
Kuwait
SGD 126,254
9.9%
5
Saudi Arabia
SGD 126,112
10.0%
6
Egypt
SGD 105,462
24.7%
7
Lebanon
SGD 105,346
24.8%
8
Israel
SGD 95,647
31.7%
9
Turkey
SGD 81,865
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.