Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$3,113
Income Tax
- S$38.12
Central Provident Fund (CPF)
- S$622
Total tax
- S$660
Net pay
* S$2,453
Marginal tax rate
23.4%
Average tax rate
21.2%
78.8%
Net pay
21.2%
Total tax
Total tax
Net pay
The Taxberg
S$2,453
Net pay
S$529
Tax the employer pays
S$660
Tax you pay
Total tax paid
S$1,190
Did you know your employer also pays tax on your salary? It costs the employer S$529 to pay you S$3,113. In other words, every time you spend S$10 of your hard-earned money, S$3.82 goes to the government.
Real tax rate
32.7%
So, with you and the employer both paying tax, what used to be a 21.2% tax rate now rises to 32.7%, meaning your real tax rate is actually 11.5% higher than what it seemed at first.
Summary
If you make S$37,356 a year living in Singapore, you will be taxed S$7,923. That means that your net pay will be S$29,433 per year, or S$2,453 per month. Your average tax rate is 21.2% 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 30,817
17.5%
1
Canada
SGD 27,628
26.0%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 33,774
9.6%
1
Puerto Rico
SGD 32,936
11.8%
2
Costa Rica
SGD 32,793
12.2%
3
Ecuador
SGD 31,824
14.8%
4
Colombia
SGD 30,627
18.0%
5
Panama
SGD 30,465
18.5%
6
Chile
SGD 29,995
19.7%
7
Mexico
SGD 28,888
22.7%
8
Peru
SGD 28,573
23.5%
9
Brazil
SGD 27,833
25.5%
10
Uruguay
SGD 26,977
27.8%
11
Argentina
SGD 24,272
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 29,398
21.3%
1
Angola
SGD 27,408
26.6%
2
Mozambique
SGD 27,235
27.1%
3
Kenya
SGD 26,826
28.2%
4
Ghana
SGD 26,043
30.3%
5
Ivory Coast
SGD 25,959
30.5%
6
Morocco
SGD 25,655
31.3%
7
Nigeria
SGD 25,576
31.5%
8
Uganda
SGD 24,674
34.0%
9
Cameroon
SGD 24,390
34.7%
10
Senegal
SGD 23,941
35.9%
11
Zambia
SGD 23,364
37.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 35,488
5.0%
1
Qatar
SGD 35,488
5.0%
2
Bahrain
SGD 34,368
8.0%
3
Oman
SGD 34,368
8.0%
4
Saudi Arabia
SGD 33,620
10.0%
5
Kuwait
SGD 33,247
11.0%
6
Israel
SGD 31,357
16.1%
7
Egypt
SGD 28,386
24.0%
8
Lebanon
SGD 28,270
24.3%
9
Turkey
SGD 22,012
41.1%
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.