Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$2,955
Income Tax
- S$32.59
Central Provident Fund (CPF)
- S$591
Total tax
- S$623
Net pay
* S$2,332
Marginal tax rate
23.4%
Average tax rate
21.1%
78.9%
Net pay
21.1%
Total tax
Total tax
Net pay
The Taxberg
S$2,332
Net pay
S$503
Tax the employer pays
S$623
Tax you pay
Total tax paid
S$1,126
Did you know your employer also pays tax on your salary? It costs the employer S$503 to pay you S$2,955. In other words, every time you spend S$10 of your hard-earned money, S$3.81 goes to the government.
Real tax rate
32.6%
So, with you and the employer both paying tax, what used to be a 21.1% tax rate now rises to 32.6%, meaning your real tax rate is actually 11.5% higher than what it seemed at first.
Summary
If you make S$35,460 a year living in Singapore, you will be taxed S$7,479. That means that your net pay will be S$27,981 per year, or S$2,332 per month. Your average tax rate is 21.1% and your marginal tax rate is 23.4%. 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$23.42, hence, your net pay will only increase by S$76.58.
Bonus Example
A S$1,000 bonus will generate an extra S$766 of net incomes. A S$5,000 bonus will generate an extra S$3,829 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
SGD 29,414
17.1%
1
Canada
SGD 26,279
25.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 33,370
5.9%
1
Taiwan
SGD 31,749
10.5%
2
Thailand
SGD 31,360
11.6%
3
Australia
SGD 31,042
12.5%
4
South Korea
SGD 29,679
16.3%
5
New Zealand
SGD 29,541
16.7%
6
Pakistan
SGD 28,467
19.7%
7
Indonesia
SGD 28,415
19.9%
8
Kazakhstan
SGD 28,373
20.0%
9
Singapore
SGD 27,981
21.1%
10
Japan
SGD 27,943
21.2%
11
Malaysia
SGD 27,880
21.4%
12
Philippines
SGD 26,827
24.3%
13
Vietnam
SGD 25,858
27.1%
14
China
SGD 24,503
30.9%
15
India
SGD 23,234
34.5%
16
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 28,142
20.6%
1
Angola
SGD 26,029
26.6%
2
Mozambique
SGD 25,987
26.7%
3
Kenya
SGD 25,499
28.1%
4
Ghana
SGD 24,789
30.1%
5
Ivory Coast
SGD 24,749
30.2%
6
Morocco
SGD 24,506
30.9%
7
Nigeria
SGD 24,286
31.5%
8
Uganda
SGD 23,442
33.9%
9
Cameroon
SGD 23,236
34.5%
10
Senegal
SGD 22,803
35.7%
11
Zambia
SGD 22,198
37.4%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 33,687
5.0%
1
Qatar
SGD 33,687
5.0%
2
Bahrain
SGD 32,623
8.0%
3
Oman
SGD 32,623
8.0%
4
Saudi Arabia
SGD 31,914
10.0%
5
Kuwait
SGD 31,559
11.0%
6
Israel
SGD 29,922
15.6%
7
Egypt
SGD 26,964
24.0%
8
Lebanon
SGD 26,848
24.3%
9
Turkey
SGD 20,908
41.0%
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.