Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$12,653
Income Tax
- S$1,060
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$2,260
Net pay
* S$10,393
Marginal tax rate
15.0%
Average tax rate
17.9%
82.1%
Net pay
17.9%
Total tax
Total tax
Net pay
The Taxberg
S$10,393
Net pay
S$1,020
Tax the employer pays
S$2,260
Tax you pay
Total tax paid
S$3,280
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$12,653. In other words, every time you spend S$10 of your hard-earned money, S$2.59 goes to the government.
Real tax rate
24.0%
So, with you and the employer both paying tax, what used to be a 17.9% tax rate now rises to 24.0%, meaning your real tax rate is actually 6.1% higher than what it seemed at first.
Summary
If you make S$151,836 a year living in Singapore, you will be taxed S$27,125. That means that your net pay will be S$124,711 per year, or S$10,393 per month. Your average tax rate is 17.9% 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 107,284
29.3%
1
Canada
SGD 98,582
35.1%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 135,425
10.8%
1
Costa Rica
SGD 116,830
23.1%
2
Chile
SGD 115,959
23.6%
3
Colombia
SGD 111,450
26.6%
4
Uruguay
SGD 111,342
26.7%
5
Brazil
SGD 110,831
27.0%
6
Panama
SGD 110,238
27.4%
7
Puerto Rico
SGD 107,504
29.2%
8
Ecuador
SGD 104,840
31.0%
9
Mexico
SGD 104,106
31.4%
10
Peru
SGD 103,531
31.8%
11
Argentina
SGD 98,684
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 110,692
27.1%
1
Kenya
SGD 106,962
29.6%
2
Nigeria
SGD 103,445
31.9%
3
Ivory Coast
SGD 102,010
32.8%
4
Ghana
SGD 101,771
33.0%
5
Mozambique
SGD 101,647
33.1%
6
South Africa
SGD 96,796
36.3%
7
Morocco
SGD 95,028
37.4%
8
Cameroon
SGD 94,091
38.0%
9
Zambia
SGD 93,769
38.2%
10
Senegal
SGD 92,629
39.0%
11
Uganda
SGD 88,281
41.9%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 144,244
5.0%
1
Qatar
SGD 144,244
5.0%
2
Bahrain
SGD 139,689
8.0%
3
Oman
SGD 139,689
8.0%
4
Kuwait
SGD 137,663
9.3%
5
Saudi Arabia
SGD 136,652
10.0%
6
Egypt
SGD 114,246
24.8%
7
Lebanon
SGD 114,130
24.8%
8
Israel
SGD 102,346
32.6%
9
Turkey
SGD 88,687
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.