Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$2,230
Income Tax
- S$11.27
Central Provident Fund (CPF)
- S$446
Total tax
- S$457
Net pay
* S$1,773
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$1,773
Net pay
S$380
Tax the employer pays
S$457
Tax you pay
Total tax paid
S$836
Did you know your employer also pays tax on your salary? It costs the employer S$380 to pay you S$2,230. In other words, every time you spend S$10 of your hard-earned money, S$3.75 goes to the government.
Real tax rate
32.1%
So, with you and the employer both paying tax, what used to be a 20.5% tax rate now rises to 32.1%, meaning your real tax rate is actually 11.6% higher than what it seemed at first.
Summary
If you make S$26,760 a year living in Singapore, you will be taxed S$5,482. That means that your net pay will be S$21,278 per year, or S$1,773 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 22,881
14.5%
1
Canada
SGD 19,887
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 25,368
5.2%
1
Thailand
SGD 24,279
9.3%
2
Taiwan
SGD 24,226
9.5%
3
Australia
SGD 24,169
9.7%
4
South Korea
SGD 22,876
14.5%
5
New Zealand
SGD 22,485
16.0%
6
Pakistan
SGD 22,437
16.2%
7
Indonesia
SGD 22,086
17.5%
8
Malaysia
SGD 21,966
17.9%
9
Japan
SGD 21,440
19.9%
10
Kazakhstan
SGD 21,326
20.3%
11
Singapore
SGD 21,278
20.5%
12
Philippines
SGD 20,955
21.7%
13
Vietnam
SGD 20,022
25.2%
14
China
SGD 18,865
29.5%
15
India
SGD 18,292
31.6%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 24,194
9.6%
1
Puerto Rico
SGD 23,975
10.4%
2
Costa Rica
SGD 23,946
10.5%
3
Ecuador
SGD 23,528
12.1%
4
Colombia
SGD 23,063
13.8%
5
Panama
SGD 22,449
16.1%
6
Chile
SGD 21,688
19.0%
7
Mexico
SGD 21,340
20.3%
8
Peru
SGD 20,627
22.9%
9
Brazil
SGD 20,151
24.7%
10
Uruguay
SGD 19,761
26.2%
11
Argentina
SGD 17,385
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 22,154
17.2%
1
Mozambique
SGD 20,004
25.3%
2
Angola
SGD 19,699
26.4%
3
Kenya
SGD 19,409
27.5%
4
Morocco
SGD 19,213
28.2%
5
Ivory Coast
SGD 19,060
28.8%
6
Ghana
SGD 19,034
28.9%
7
Nigeria
SGD 18,368
31.4%
8
Cameroon
SGD 17,939
33.0%
9
Uganda
SGD 17,787
33.5%
10
Senegal
SGD 17,515
34.6%
11
Zambia
SGD 16,847
37.0%
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.