Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$12,782
Income Tax
- S$1,080
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$2,280
Net pay
* S$10,502
Marginal tax rate
15.0%
Average tax rate
17.8%
82.2%
Net pay
17.8%
Total tax
Total tax
Net pay
The Taxberg
S$10,502
Net pay
S$1,020
Tax the employer pays
S$2,280
Tax you pay
Total tax paid
S$3,300
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$12,782. In other words, every time you spend S$10 of your hard-earned money, S$2.58 goes to the government.
Real tax rate
23.9%
So, with you and the employer both paying tax, what used to be a 17.8% tax rate now rises to 23.9%, meaning your real tax rate is actually 6.1% higher than what it seemed at first.
Summary
If you make S$153,384 a year living in Singapore, you will be taxed S$27,358. That means that your net pay will be S$126,026 per year, or S$10,502 per month. Your average tax rate is 17.8% 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 108,225
29.4%
1
Canada
SGD 99,414
35.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 131,696
14.1%
1
Kazakhstan
SGD 128,956
15.9%
2
Singapore
SGD 126,026
17.8%
3
Taiwan
SGD 121,605
20.7%
4
China
SGD 116,741
23.9%
5
Thailand
SGD 116,165
24.3%
6
South Korea
SGD 109,556
28.6%
7
Indonesia
SGD 108,655
29.2%
8
New Zealand
SGD 107,799
29.7%
9
Australia
SGD 106,641
30.5%
10
Japan
SGD 105,778
31.0%
11
Pakistan
SGD 105,674
31.1%
12
Philippines
SGD 104,064
32.2%
13
Malaysia
SGD 104,038
32.2%
14
Vietnam
SGD 101,893
33.6%
15
India
SGD 85,738
44.1%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 136,795
10.8%
1
Costa Rica
SGD 117,916
23.1%
2
Chile
SGD 116,965
23.7%
3
Colombia
SGD 112,593
26.6%
4
Uruguay
SGD 112,414
26.7%
5
Brazil
SGD 111,953
27.0%
6
Panama
SGD 111,271
27.5%
7
Puerto Rico
SGD 108,422
29.3%
8
Ecuador
SGD 105,724
31.1%
9
Mexico
SGD 105,128
31.5%
10
Peru
SGD 104,479
31.9%
11
Argentina
SGD 99,690
35.0%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 145,715
5.0%
1
Qatar
SGD 145,715
5.0%
2
Bahrain
SGD 141,113
8.0%
3
Oman
SGD 141,113
8.0%
4
Kuwait
SGD 139,211
9.2%
5
Saudi Arabia
SGD 138,046
10.0%
6
Egypt
SGD 115,407
24.8%
7
Lebanon
SGD 115,291
24.8%
8
Israel
SGD 103,232
32.7%
9
Turkey
SGD 89,588
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.