Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$1,471
Central Provident Fund (CPF)
- S$294
Total tax
- S$294
Net pay
* S$1,177
Marginal tax rate
20.4%
Average tax rate
20.0%
80.0%
Net pay
20.0%
Total tax
Total tax
Net pay
The Taxberg
S$1,177
Net pay
S$250
Tax the employer pays
S$294
Tax you pay
Total tax paid
S$544
Did you know your employer also pays tax on your salary? It costs the employer S$250 to pay you S$1,471. In other words, every time you spend S$10 of your hard-earned money, S$3.70 goes to the government.
Real tax rate
31.6%
So, with you and the employer both paying tax, what used to be a 20% tax rate now rises to 31.6%, meaning your real tax rate is actually 11.6% higher than what it seemed at first.
Summary
If you make S$17,652 a year living in Singapore, you will be taxed S$3,529. That means that your net pay will be S$14,123 per year, or S$1,177 per month. Your average tax rate is 20.0% and your marginal tax rate is 20.4%. 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$20.40, hence, your net pay will only increase by S$79.60.
Bonus Example
A S$1,000 bonus will generate an extra S$796 of net incomes. A S$5,000 bonus will generate an extra S$3,980 of net incomes.
North America
Country 
Net pay
Average tax
Rank
USA
SGD 15,828
10.3%
1
Canada
SGD 13,423
24.0%
2
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
SGD 16,201
8.2%
1
Guatemala
SGD 15,959
9.6%
2
Ecuador
SGD 15,942
9.7%
3
Colombia
SGD 15,936
9.7%
4
Costa Rica
SGD 15,799
10.5%
5
Panama
SGD 15,559
11.9%
6
Mexico
SGD 14,551
17.6%
7
Chile
SGD 14,484
18.0%
8
Uruguay
SGD 14,072
20.3%
9
Peru
SGD 13,773
22.0%
10
Brazil
SGD 13,763
22.0%
11
Argentina
SGD 11,465
35.1%
12
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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.