Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$1,176
Central Provident Fund (CPF)
- S$235
Total tax
- S$235
Net pay
* S$941
Marginal tax rate
20.4%
Average tax rate
20.0%
80.0%
Net pay
20.0%
Total tax
Total tax
Net pay
The Taxberg
S$941
Net pay
S$201
Tax the employer pays
S$235
Tax you pay
Total tax paid
S$435
Did you know your employer also pays tax on your salary? It costs the employer S$201 to pay you S$1,176. In other words, every time you spend S$10 of your hard-earned money, S$3.70 goes to the government.
Real tax rate
31.6%
So, with you and the employer both paying tax, what used to be a 20% tax rate now rises to 31.6%, meaning your real tax rate is actually 11.6% higher than what it seemed at first.
Summary
If you make S$14,112 a year living in Singapore, you will be taxed S$2,819. That means that your net pay will be S$11,293 per year, or S$941 per month. Your average tax rate is 20.0% and your marginal tax rate is 20.4%. 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$20.40, hence, your net pay will only increase by S$79.60.
Bonus Example
A S$1,000 bonus will generate an extra S$796 of net incomes. A S$5,000 bonus will generate an extra S$3,980 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
SGD 12,750
9.7%
1
Canada
SGD 10,799
23.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
SGD 14,112
0.0%
1
Hong Kong
SGD 14,112
0.0%
2
Thailand
SGD 13,255
6.1%
3
Taiwan
SGD 12,863
8.9%
4
Pakistan
SGD 12,790
9.4%
5
South Korea
SGD 12,417
12.0%
6
Malaysia
SGD 12,406
12.1%
7
New Zealand
SGD 12,226
13.4%
8
Indonesia
SGD 12,135
14.0%
9
Philippines
SGD 11,929
15.5%
10
Japan
SGD 11,467
18.7%
11
Singapore
SGD 11,293
20.0%
12
Kazakhstan
SGD 11,177
20.8%
13
Vietnam
SGD 11,150
21.0%
14
India
SGD 10,926
22.6%
15
China
SGD 10,043
28.8%
16
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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.