Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$2,216
Income Tax
- S$10.99
Central Provident Fund (CPF)
- S$443
Total tax
- S$454
Net pay
* S$1,762
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$1,762
Net pay
S$377
Tax the employer pays
S$454
Tax you pay
Total tax paid
S$831
Did you know your employer also pays tax on your salary? It costs the employer S$377 to pay you S$2,216. 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$26,592 a year living in Singapore, you will be taxed S$5,445. That means that your net pay will be S$21,147 per year, or S$1,762 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 22,752
14.4%
1
Canada
SGD 19,763
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 25,211
5.2%
1
Thailand
SGD 24,136
9.2%
2
Taiwan
SGD 24,080
9.5%
3
Australia
SGD 24,036
9.6%
4
South Korea
SGD 22,745
14.5%
5
New Zealand
SGD 22,349
16.0%
6
Pakistan
SGD 22,311
16.1%
7
Indonesia
SGD 21,964
17.4%
8
Malaysia
SGD 21,850
17.8%
9
Japan
SGD 21,310
19.9%
10
Kazakhstan
SGD 21,190
20.3%
11
Singapore
SGD 21,147
20.5%
12
Philippines
SGD 20,842
21.6%
13
Vietnam
SGD 19,909
25.1%
14
China
SGD 18,748
29.5%
15
India
SGD 18,197
31.6%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 24,042
9.6%
1
Puerto Rico
SGD 23,831
10.4%
2
Costa Rica
SGD 23,797
10.5%
3
Ecuador
SGD 23,391
12.0%
4
Colombia
SGD 22,934
13.8%
5
Panama
SGD 22,322
16.1%
6
Chile
SGD 21,556
18.9%
7
Mexico
SGD 21,216
20.2%
8
Peru
SGD 20,500
22.9%
9
Brazil
SGD 20,029
24.7%
10
Uruguay
SGD 19,647
26.1%
11
Argentina
SGD 17,276
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 22,038
17.1%
1
Mozambique
SGD 19,883
25.2%
2
Angola
SGD 19,577
26.4%
3
Kenya
SGD 19,291
27.5%
4
Morocco
SGD 19,109
28.1%
5
Ivory Coast
SGD 18,949
28.7%
6
Ghana
SGD 18,923
28.8%
7
Nigeria
SGD 18,254
31.4%
8
Cameroon
SGD 17,836
32.9%
9
Uganda
SGD 17,677
33.5%
10
Senegal
SGD 17,411
34.5%
11
Zambia
SGD 16,744
37.0%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 25,262
5.0%
1
Qatar
SGD 25,262
5.0%
2
Bahrain
SGD 24,465
8.0%
3
Oman
SGD 24,465
8.0%
4
Saudi Arabia
SGD 23,933
10.0%
5
Kuwait
SGD 23,667
11.0%
6
Israel
SGD 23,094
13.2%
7
Egypt
SGD 20,313
23.6%
8
Lebanon
SGD 20,197
24.1%
9
Turkey
SGD 15,360
42.2%
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.