Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$12,708
Income Tax
- S$1,069
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$2,269
Net pay
* S$10,439
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$10,439
Net pay
S$1,020
Tax the employer pays
S$2,269
Tax you pay
Total tax paid
S$3,289
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$12,708. 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$152,496 a year living in Singapore, you will be taxed S$27,224. That means that your net pay will be S$125,272 per year, or S$10,439 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
Europe
Country 
Net pay
Average tax
Rank
Russia
SGD 132,672
13.0%
1
Hungary
SGD 124,284
18.5%
2
Ukraine
SGD 122,759
19.5%
3
Switzerland
SGD 116,437
23.7%
4
Czech Republic
SGD 116,010
23.9%
5
United Kingdom
SGD 102,347
32.9%
6
France
SGD 101,737
33.3%
7
Norway
SGD 98,203
35.6%
8
Spain
SGD 96,765
36.6%
9
Denmark
SGD 95,354
37.5%
10
Austria
SGD 93,083
39.0%
11
Ireland
SGD 92,999
39.0%
12
Poland
SGD 91,455
40.0%
13
Netherlands
SGD 89,277
41.5%
14
Romania
SGD 89,210
41.5%
15
Sweden
SGD 89,019
41.6%
16
Greece
SGD 88,146
42.2%
17
Luxembourg
SGD 85,718
43.8%
18
Germany
SGD 83,244
45.4%
19
Italy
SGD 78,915
48.3%
20
Finland
SGD 76,615
49.8%
21
Portugal
SGD 70,658
53.7%
22
Belgium
SGD 64,268
57.9%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 107,685
29.4%
1
Canada
SGD 98,937
35.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 130,959
14.1%
1
Kazakhstan
SGD 128,157
16.0%
2
Singapore
SGD 125,272
17.9%
3
Taiwan
SGD 120,983
20.7%
4
China
SGD 116,163
23.8%
5
Thailand
SGD 115,543
24.2%
6
South Korea
SGD 109,029
28.5%
7
Indonesia
SGD 108,054
29.1%
8
New Zealand
SGD 107,257
29.7%
9
Australia
SGD 106,099
30.4%
10
Japan
SGD 105,232
31.0%
11
Pakistan
SGD 105,097
31.1%
12
Philippines
SGD 103,484
32.1%
13
Malaysia
SGD 103,469
32.2%
14
Vietnam
SGD 101,316
33.6%
15
India
SGD 85,262
44.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 136,009
10.8%
1
Costa Rica
SGD 117,293
23.1%
2
Chile
SGD 116,388
23.7%
3
Colombia
SGD 111,937
26.6%
4
Uruguay
SGD 111,799
26.7%
5
Brazil
SGD 111,310
27.0%
6
Panama
SGD 110,679
27.4%
7
Puerto Rico
SGD 107,895
29.3%
8
Ecuador
SGD 105,217
31.0%
9
Mexico
SGD 104,541
31.5%
10
Peru
SGD 103,935
31.8%
11
Argentina
SGD 99,113
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 111,172
27.1%
1
Kenya
SGD 107,424
29.6%
2
Nigeria
SGD 103,894
31.9%
3
Ivory Coast
SGD 102,460
32.8%
4
Ghana
SGD 102,208
33.0%
5
Mozambique
SGD 102,076
33.1%
6
South Africa
SGD 97,159
36.3%
7
Morocco
SGD 95,428
37.4%
8
Cameroon
SGD 94,493
38.0%
9
Zambia
SGD 94,175
38.2%
10
Senegal
SGD 93,025
39.0%
11
Uganda
SGD 88,644
41.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 144,871
5.0%
1
Qatar
SGD 144,871
5.0%
2
Bahrain
SGD 140,296
8.0%
3
Oman
SGD 140,296
8.0%
4
Kuwait
SGD 138,323
9.3%
5
Saudi Arabia
SGD 137,246
10.0%
6
Egypt
SGD 114,741
24.8%
7
Lebanon
SGD 114,625
24.8%
8
Israel
SGD 102,724
32.6%
9
Turkey
SGD 89,071
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.