Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$3,150
Income Tax
- S$39.42
Central Provident Fund (CPF)
- S$629
Total tax
- S$669
Net pay
* S$2,481
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$2,481
Net pay
S$536
Tax the employer pays
S$669
Tax you pay
Total tax paid
S$1,205
Did you know your employer also pays tax on your salary? It costs the employer S$536 to pay you S$3,150. 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$37,800 a year living in Singapore, you will be taxed S$8,027. That means that your net pay will be S$29,773 per year, or S$2,481 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
Europe
Country 
Net pay
Average tax
Rank
Switzerland
SGD 33,714
10.8%
1
Russia
SGD 32,886
13.0%
2
Ireland
SGD 32,876
13.0%
3
United Kingdom
SGD 32,407
14.3%
4
France
SGD 31,911
15.6%
5
Hungary
SGD 30,807
18.5%
6
Norway
SGD 30,566
19.1%
7
Ukraine
SGD 30,429
19.5%
8
Luxembourg
SGD 30,307
19.8%
9
Spain
SGD 29,741
21.3%
10
Austria
SGD 29,741
21.3%
11
Czech Republic
SGD 29,701
21.4%
12
Sweden
SGD 27,054
28.4%
13
Greece
SGD 26,928
28.8%
14
Germany
SGD 26,669
29.5%
15
Italy
SGD 26,614
29.6%
16
Poland
SGD 25,801
31.7%
17
Denmark
SGD 25,371
32.9%
18
Finland
SGD 24,792
34.4%
19
Portugal
SGD 23,945
36.7%
20
Netherlands
SGD 23,787
37.1%
21
Romania
SGD 22,113
41.5%
22
Belgium
SGD 21,685
42.6%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
SGD 31,146
17.6%
1
Canada
SGD 27,944
26.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 35,462
6.2%
1
Taiwan
SGD 33,772
10.7%
2
Thailand
SGD 33,198
12.2%
3
Australia
SGD 32,890
13.0%
4
South Korea
SGD 31,509
16.6%
5
New Zealand
SGD 31,340
17.1%
6
Kazakhstan
SGD 30,268
19.9%
7
Indonesia
SGD 30,118
20.3%
8
Pakistan
SGD 30,046
20.5%
9
Singapore
SGD 29,773
21.2%
10
Japan
SGD 29,549
21.8%
11
Malaysia
SGD 29,421
22.2%
12
Philippines
SGD 28,407
24.9%
13
Vietnam
SGD 27,388
27.6%
14
China
SGD 25,671
32.1%
15
India
SGD 24,563
35.0%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 34,176
9.6%
1
Puerto Rico
SGD 33,306
11.9%
2
Costa Rica
SGD 33,150
12.3%
3
Ecuador
SGD 32,166
14.9%
4
Colombia
SGD 30,938
18.2%
5
Panama
SGD 30,801
18.5%
6
Chile
SGD 30,332
19.8%
7
Mexico
SGD 29,192
22.8%
8
Peru
SGD 28,899
23.6%
9
Brazil
SGD 28,155
25.5%
10
Uruguay
SGD 27,299
27.8%
11
Argentina
SGD 24,561
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 29,692
21.5%
1
Angola
SGD 27,731
26.6%
2
Mozambique
SGD 27,523
27.2%
3
Kenya
SGD 27,137
28.2%
4
Ghana
SGD 26,337
30.3%
5
Ivory Coast
SGD 26,243
30.6%
6
Morocco
SGD 25,924
31.4%
7
Nigeria
SGD 25,878
31.5%
8
Uganda
SGD 24,963
34.0%
9
Cameroon
SGD 24,660
34.8%
10
Senegal
SGD 24,207
36.0%
11
Zambia
SGD 23,637
37.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 35,910
5.0%
1
Qatar
SGD 35,910
5.0%
2
Bahrain
SGD 34,776
8.0%
3
Oman
SGD 34,776
8.0%
4
Saudi Arabia
SGD 34,020
10.0%
5
Kuwait
SGD 33,642
11.0%
6
Israel
SGD 31,693
16.2%
7
Egypt
SGD 28,719
24.0%
8
Lebanon
SGD 28,603
24.3%
9
Turkey
SGD 22,271
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.