Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$2,192
Income Tax
- S$10.51
Central Provident Fund (CPF)
- S$438
Total tax
- S$448
Net pay
* S$1,744
Marginal tax rate
22.2%
Average tax rate
20.5%
79.5%
Net pay
20.5%
Total tax
Total tax
Net pay
The Taxberg
S$1,744
Net pay
S$373
Tax the employer pays
S$448
Tax you pay
Total tax paid
S$822
Did you know your employer also pays tax on your salary? It costs the employer S$373 to pay you S$2,192. In other words, every time you spend S$10 of your hard-earned money, S$3.75 goes to the government.
Real tax rate
32.0%
So, with you and the employer both paying tax, what used to be a 20.5% tax rate now rises to 32.0%, meaning your real tax rate is actually 11.5% higher than what it seemed at first.
Summary
If you make S$26,304 a year living in Singapore, you will be taxed S$5,381. That means that your net pay will be S$20,923 per year, or S$1,744 per month. Your average tax rate is 20.5% and your marginal tax rate is 22.2%. 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$22.16, hence, your net pay will only increase by S$77.84.
Bonus Example
A S$1,000 bonus will generate an extra S$778 of net incomes. A S$5,000 bonus will generate an extra S$3,892 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
SGD 22,531
14.3%
1
Canada
SGD 19,549
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 24,943
5.2%
1
Thailand
SGD 23,891
9.2%
2
Taiwan
SGD 23,829
9.4%
3
Australia
SGD 23,808
9.5%
4
South Korea
SGD 22,520
14.4%
5
New Zealand
SGD 22,115
15.9%
6
Pakistan
SGD 22,095
16.0%
7
Indonesia
SGD 21,754
17.3%
8
Malaysia
SGD 21,650
17.7%
9
Japan
SGD 21,089
19.8%
10
Kazakhstan
SGD 20,957
20.3%
11
Singapore
SGD 20,923
20.5%
12
Philippines
SGD 20,647
21.5%
13
Vietnam
SGD 19,716
25.1%
14
China
SGD 18,547
29.5%
15
India
SGD 18,033
31.4%
16
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 24,989
5.0%
1
Qatar
SGD 24,989
5.0%
2
Bahrain
SGD 24,200
8.0%
3
Oman
SGD 24,200
8.0%
4
Saudi Arabia
SGD 23,674
10.0%
5
Kuwait
SGD 23,411
11.0%
6
Israel
SGD 22,844
13.2%
7
Egypt
SGD 20,097
23.6%
8
Lebanon
SGD 19,981
24.0%
9
Turkey
SGD 15,178
42.3%
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.