Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$1,986
Income Tax
- S$6.39
Central Provident Fund (CPF)
- S$397
Total tax
- S$403
Net pay
* S$1,583
Marginal tax rate
21.9%
Average tax rate
20.3%
79.7%
Net pay
20.3%
Total tax
Total tax
Net pay
The Taxberg
S$1,583
Net pay
S$338
Tax the employer pays
S$403
Tax you pay
Total tax paid
S$741
Did you know your employer also pays tax on your salary? It costs the employer S$338 to pay you S$1,986. In other words, every time you spend S$10 of your hard-earned money, S$3.73 goes to the government.
Real tax rate
31.9%
So, with you and the employer both paying tax, what used to be a 20.3% tax rate now rises to 31.9%, meaning your real tax rate is actually 11.6% higher than what it seemed at first.
Summary
If you make S$23,832 a year living in Singapore, you will be taxed S$4,836. That means that your net pay will be S$18,996 per year, or S$1,583 per month. Your average tax rate is 20.3% and your marginal tax rate is 21.9%. 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$21.92, hence, your net pay will only increase by S$78.08.
Bonus Example
A S$1,000 bonus will generate an extra S$781 of net incomes. A S$5,000 bonus will generate an extra S$3,904 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
SGD 20,625
13.5%
1
Canada
SGD 17,725
25.6%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 21,547
9.6%
1
Puerto Rico
SGD 21,476
9.9%
2
Costa Rica
SGD 21,330
10.5%
3
Ecuador
SGD 21,144
11.3%
4
Colombia
SGD 20,816
12.7%
5
Panama
SGD 20,234
15.1%
6
Chile
SGD 19,372
18.7%
7
Mexico
SGD 19,182
19.5%
8
Peru
SGD 18,423
22.7%
9
Uruguay
SGD 18,084
24.1%
10
Brazil
SGD 18,028
24.4%
11
Argentina
SGD 15,482
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 20,035
15.9%
1
Mozambique
SGD 17,895
24.9%
2
Angola
SGD 17,569
26.3%
3
Morocco
SGD 17,392
27.0%
4
Kenya
SGD 17,359
27.2%
5
Ivory Coast
SGD 17,133
28.1%
6
Ghana
SGD 17,097
28.3%
7
Nigeria
SGD 16,376
31.3%
8
Cameroon
SGD 16,156
32.2%
9
Uganda
SGD 15,883
33.4%
10
Senegal
SGD 15,695
34.1%
11
Zambia
SGD 15,047
36.9%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 22,640
5.0%
1
Qatar
SGD 22,640
5.0%
2
Bahrain
SGD 21,925
8.0%
3
Oman
SGD 21,925
8.0%
4
Saudi Arabia
SGD 21,449
10.0%
5
Kuwait
SGD 21,210
11.0%
6
Israel
SGD 20,698
13.2%
7
Egypt
SGD 18,243
23.5%
8
Lebanon
SGD 18,127
23.9%
9
Turkey
SGD 13,615
42.9%
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.