Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$12,086
Income Tax
- S$975
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$2,175
Net pay
* S$9,911
Marginal tax rate
15.0%
Average tax rate
18.0%
82.0%
Net pay
18.0%
Total tax
Total tax
Net pay
The Taxberg
S$9,911
Net pay
S$1,020
Tax the employer pays
S$2,175
Tax you pay
Total tax paid
S$3,195
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$12,086. In other words, every time you spend S$10 of your hard-earned money, S$2.64 goes to the government.
Real tax rate
24.4%
So, with you and the employer both paying tax, what used to be a 18% tax rate now rises to 24.4%, meaning your real tax rate is actually 6.4% higher than what it seemed at first.
Summary
If you make S$145,032 a year living in Singapore, you will be taxed S$26,105. That means that your net pay will be S$118,927 per year, or S$9,911 per month. Your average tax rate is 18.0% 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 103,124
28.9%
1
Canada
SGD 94,927
34.6%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 129,403
10.8%
1
Costa Rica
SGD 112,025
22.8%
2
Chile
SGD 111,536
23.1%
3
Uruguay
SGD 106,628
26.5%
4
Colombia
SGD 106,430
26.6%
5
Brazil
SGD 105,898
27.0%
6
Panama
SGD 105,697
27.1%
7
Puerto Rico
SGD 103,465
28.7%
8
Ecuador
SGD 100,916
30.4%
9
Mexico
SGD 99,615
31.3%
10
Peru
SGD 99,363
31.5%
11
Argentina
SGD 94,262
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 105,742
27.1%
1
Kenya
SGD 102,199
29.5%
2
Nigeria
SGD 98,817
31.9%
3
Ivory Coast
SGD 97,368
32.9%
4
Ghana
SGD 97,271
32.9%
5
Mozambique
SGD 97,224
33.0%
6
South Africa
SGD 93,054
35.8%
7
Morocco
SGD 90,905
37.3%
8
Cameroon
SGD 89,948
38.0%
9
Zambia
SGD 89,585
38.2%
10
Senegal
SGD 88,547
39.0%
11
Uganda
SGD 84,538
41.7%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 137,780
5.0%
1
Qatar
SGD 137,780
5.0%
2
Bahrain
SGD 133,429
8.0%
3
Oman
SGD 133,429
8.0%
4
Kuwait
SGD 130,859
9.8%
5
Saudi Arabia
SGD 130,529
10.0%
6
Egypt
SGD 109,143
24.8%
7
Lebanon
SGD 109,027
24.8%
8
Israel
SGD 98,455
32.1%
9
Turkey
SGD 84,724
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.