Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$12,875
Income Tax
- S$1,094
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$2,294
Net pay
* S$10,581
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$10,581
Net pay
S$1,020
Tax the employer pays
S$2,294
Tax you pay
Total tax paid
S$3,314
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$12,875. In other words, every time you spend S$10 of your hard-earned money, S$2.57 goes to the government.
Real tax rate
23.8%
So, with you and the employer both paying tax, what used to be a 17.8% tax rate now rises to 23.8%, meaning your real tax rate is actually 6% higher than what it seemed at first.
Summary
If you make S$154,500 a year living in Singapore, you will be taxed S$27,525. That means that your net pay will be S$126,975 per year, or S$10,581 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
Europe
Country 
Net pay
Average tax
Rank
Russia
SGD 134,415
13.0%
1
Hungary
SGD 125,918
18.5%
2
Ukraine
SGD 124,372
19.5%
3
Switzerland
SGD 117,755
23.8%
4
Czech Republic
SGD 117,553
23.9%
5
United Kingdom
SGD 103,484
33.0%
6
France
SGD 102,807
33.5%
7
Norway
SGD 99,277
35.7%
8
Spain
SGD 97,859
36.7%
9
Denmark
SGD 96,381
37.6%
10
Austria
SGD 94,246
39.0%
11
Ireland
SGD 93,961
39.2%
12
Poland
SGD 92,608
40.1%
13
Romania
SGD 90,383
41.5%
14
Netherlands
SGD 90,289
41.6%
15
Sweden
SGD 90,021
41.7%
16
Greece
SGD 89,268
42.2%
17
Luxembourg
SGD 86,615
43.9%
18
Germany
SGD 84,230
45.5%
19
Italy
SGD 79,825
48.3%
20
Finland
SGD 77,353
49.9%
21
Portugal
SGD 71,430
53.8%
22
Belgium
SGD 65,017
57.9%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 108,903
29.5%
1
Canada
SGD 99,994
35.3%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 132,622
14.2%
1
Kazakhstan
SGD 129,960
15.9%
2
Singapore
SGD 126,975
17.8%
3
Taiwan
SGD 122,386
20.8%
4
China
SGD 117,466
24.0%
5
Thailand
SGD 116,946
24.3%
6
South Korea
SGD 110,218
28.7%
7
Indonesia
SGD 109,409
29.2%
8
New Zealand
SGD 108,480
29.8%
9
Australia
SGD 107,322
30.5%
10
Japan
SGD 106,466
31.1%
11
Pakistan
SGD 106,399
31.1%
12
Philippines
SGD 104,793
32.2%
13
Malaysia
SGD 104,752
32.2%
14
Vietnam
SGD 102,618
33.6%
15
India
SGD 86,151
44.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 137,782
10.8%
1
Costa Rica
SGD 118,698
23.2%
2
Chile
SGD 117,690
23.8%
3
Colombia
SGD 113,411
26.6%
4
Uruguay
SGD 113,188
26.7%
5
Brazil
SGD 112,763
27.0%
6
Panama
SGD 112,016
27.5%
7
Puerto Rico
SGD 109,085
29.4%
8
Ecuador
SGD 106,362
31.2%
9
Mexico
SGD 105,864
31.5%
10
Peru
SGD 105,163
31.9%
11
Argentina
SGD 100,416
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 112,630
27.1%
1
Kenya
SGD 108,827
29.6%
2
Nigeria
SGD 105,257
31.9%
3
Ivory Coast
SGD 103,828
32.8%
4
Ghana
SGD 103,534
33.0%
5
Mozambique
SGD 103,378
33.1%
6
South Africa
SGD 98,261
36.4%
7
Morocco
SGD 96,643
37.5%
8
Cameroon
SGD 95,713
38.1%
9
Zambia
SGD 95,407
38.3%
10
Senegal
SGD 94,227
39.0%
11
Uganda
SGD 89,746
41.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 146,775
5.0%
1
Qatar
SGD 146,775
5.0%
2
Bahrain
SGD 142,140
8.0%
3
Oman
SGD 142,140
8.0%
4
Kuwait
SGD 140,327
9.2%
5
Saudi Arabia
SGD 139,050
10.0%
6
Egypt
SGD 116,244
24.8%
7
Lebanon
SGD 116,128
24.8%
8
Israel
SGD 103,870
32.8%
9
Turkey
SGD 90,238
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.