Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$2,200
Income Tax
- S$10.67
Central Provident Fund (CPF)
- S$440
Total tax
- S$450
Net pay
* S$1,750
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$1,750
Net pay
S$375
Tax the employer pays
S$450
Tax you pay
Total tax paid
S$825
Did you know your employer also pays tax on your salary? It costs the employer S$375 to pay you S$2,200. 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$26,400 a year living in Singapore, you will be taxed S$5,402. That means that your net pay will be S$20,998 per year, or S$1,750 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
Europe
Country 
Net pay
Average tax
Rank
Ireland
SGD 25,481
3.5%
1
United Kingdom
SGD 24,798
6.1%
2
Switzerland
SGD 24,318
7.9%
3
Russia
SGD 22,968
13.0%
4
France
SGD 22,825
13.5%
5
Norway
SGD 22,642
14.2%
6
Luxembourg
SGD 22,200
15.9%
7
Austria
SGD 22,194
15.9%
8
Spain
SGD 21,857
17.2%
9
Hungary
SGD 21,516
18.5%
10
Czech Republic
SGD 21,265
19.5%
11
Ukraine
SGD 21,252
19.5%
12
Italy
SGD 20,456
22.5%
13
Germany
SGD 20,216
23.4%
14
Greece
SGD 19,533
26.0%
15
Sweden
SGD 19,414
26.5%
16
Poland
SGD 18,522
29.8%
17
Finland
SGD 17,739
32.8%
18
Denmark
SGD 17,681
33.0%
19
Portugal
SGD 17,671
33.1%
20
Belgium
SGD 16,951
35.8%
21
Netherlands
SGD 16,613
37.1%
22
Romania
SGD 15,444
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 22,605
14.4%
1
Canada
SGD 19,621
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 25,033
5.2%
1
Thailand
SGD 23,973
9.2%
2
Taiwan
SGD 23,913
9.4%
3
Australia
SGD 23,884
9.5%
4
South Korea
SGD 22,595
14.4%
5
New Zealand
SGD 22,193
15.9%
6
Pakistan
SGD 22,167
16.0%
7
Indonesia
SGD 21,824
17.3%
8
Malaysia
SGD 21,716
17.7%
9
Japan
SGD 21,163
19.8%
10
Kazakhstan
SGD 21,034
20.3%
11
Singapore
SGD 20,998
20.5%
12
Philippines
SGD 20,712
21.6%
13
Vietnam
SGD 19,780
25.1%
14
China
SGD 18,614
29.5%
15
India
SGD 18,088
31.5%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 23,869
9.6%
1
Puerto Rico
SGD 23,667
10.4%
2
Costa Rica
SGD 23,627
10.5%
3
Ecuador
SGD 23,235
12.0%
4
Colombia
SGD 22,787
13.7%
5
Panama
SGD 22,177
16.0%
6
Chile
SGD 21,404
18.9%
7
Mexico
SGD 21,075
20.2%
8
Peru
SGD 20,356
22.9%
9
Brazil
SGD 19,890
24.7%
10
Uruguay
SGD 19,517
26.1%
11
Argentina
SGD 17,151
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 21,904
17.0%
1
Mozambique
SGD 19,744
25.2%
2
Angola
SGD 19,437
26.4%
3
Kenya
SGD 19,157
27.4%
4
Morocco
SGD 18,989
28.1%
5
Ivory Coast
SGD 18,823
28.7%
6
Ghana
SGD 18,796
28.8%
7
Nigeria
SGD 18,123
31.4%
8
Cameroon
SGD 17,719
32.9%
9
Uganda
SGD 17,553
33.5%
10
Senegal
SGD 17,291
34.5%
11
Zambia
SGD 16,626
37.0%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 25,080
5.0%
1
Qatar
SGD 25,080
5.0%
2
Bahrain
SGD 24,288
8.0%
3
Oman
SGD 24,288
8.0%
4
Saudi Arabia
SGD 23,760
10.0%
5
Kuwait
SGD 23,496
11.0%
6
Israel
SGD 22,928
13.2%
7
Egypt
SGD 20,169
23.6%
8
Lebanon
SGD 20,053
24.0%
9
Turkey
SGD 15,239
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.