Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$2,082
Income Tax
- S$8.31
Central Provident Fund (CPF)
- S$416
Total tax
- S$424
Net pay
* S$1,658
Marginal tax rate
22.1%
Average tax rate
20.4%
79.6%
Net pay
20.4%
Total tax
Total tax
Net pay
The Taxberg
S$1,658
Net pay
S$355
Tax the employer pays
S$424
Tax you pay
Total tax paid
S$779
Did you know your employer also pays tax on your salary? It costs the employer S$355 to pay you S$2,082. In other words, every time you spend S$10 of your hard-earned money, S$3.74 goes to the government.
Real tax rate
32.0%
So, with you and the employer both paying tax, what used to be a 20.4% tax rate now rises to 32.0%, meaning your real tax rate is actually 11.6% higher than what it seemed at first.
Summary
If you make S$24,984 a year living in Singapore, you will be taxed S$5,088. That means that your net pay will be S$19,896 per year, or S$1,658 per month. Your average tax rate is 20.4% and your marginal tax rate is 22.1%. 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$22.12, hence, your net pay will only increase by S$77.88.
Bonus Example
A S$1,000 bonus will generate an extra S$779 of net incomes. A S$5,000 bonus will generate an extra S$3,894 of net incomes.
North America
Country 
Net pay
Average tax
Rank
USA
SGD 21,516
13.9%
1
Canada
SGD 18,571
25.7%
2
Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 20,887
16.4%
1
Mozambique
SGD 18,725
25.1%
2
Angola
SGD 18,407
26.3%
3
Kenya
SGD 18,165
27.3%
4
Morocco
SGD 18,108
27.5%
5
Ivory Coast
SGD 17,891
28.4%
6
Ghana
SGD 17,859
28.5%
7
Nigeria
SGD 17,160
31.3%
8
Cameroon
SGD 16,857
32.5%
9
Uganda
SGD 16,632
33.4%
10
Senegal
SGD 16,411
34.3%
11
Zambia
SGD 15,755
36.9%
12
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.