Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$11,875
Income Tax
- S$944
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$2,144
Net pay
* S$9,731
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$9,731
Net pay
S$1,020
Tax the employer pays
S$2,144
Tax you pay
Total tax paid
S$3,164
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$11,875. In other words, every time you spend S$10 of your hard-earned money, S$2.66 goes to the government.
Real tax rate
24.5%
So, with you and the employer both paying tax, what used to be a 18.1% tax rate now rises to 24.5%, meaning your real tax rate is actually 6.4% higher than what it seemed at first.
Summary
If you make S$142,500 a year living in Singapore, you will be taxed S$25,725. That means that your net pay will be S$116,775 per year, or S$9,731 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
North America
Country 
Net pay
Average tax
Rank
USA
SGD 101,557
28.7%
1
Canada
SGD 93,530
34.4%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 127,161
10.8%
1
Costa Rica
SGD 110,212
22.7%
2
Chile
SGD 109,890
22.9%
3
Uruguay
SGD 104,874
26.4%
4
Colombia
SGD 104,564
26.6%
5
Brazil
SGD 104,063
27.0%
6
Panama
SGD 104,006
27.0%
7
Puerto Rico
SGD 101,963
28.5%
8
Ecuador
SGD 99,425
30.2%
9
Mexico
SGD 97,944
31.3%
10
Peru
SGD 97,813
31.4%
11
Argentina
SGD 92,616
35.0%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 135,375
5.0%
1
Qatar
SGD 135,375
5.0%
2
Bahrain
SGD 131,100
8.0%
3
Oman
SGD 131,100
8.0%
4
Kuwait
SGD 128,428
9.9%
5
Saudi Arabia
SGD 128,250
10.0%
6
Egypt
SGD 107,244
24.7%
7
Lebanon
SGD 107,128
24.8%
8
Israel
SGD 97,006
31.9%
9
Turkey
SGD 83,249
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.