Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$3,188
Income Tax
- S$40.75
Central Provident Fund (CPF)
- S$637
Total tax
- S$678
Net pay
* S$2,510
Marginal tax rate
23.4%
Average tax rate
21.3%
78.7%
Net pay
21.3%
Total tax
Total tax
Net pay
The Taxberg
S$2,510
Net pay
S$542
Tax the employer pays
S$678
Tax you pay
Total tax paid
S$1,220
Did you know your employer also pays tax on your salary? It costs the employer S$542 to pay you S$3,188. In other words, every time you spend S$10 of your hard-earned money, S$3.83 goes to the government.
Real tax rate
32.7%
So, with you and the employer both paying tax, what used to be a 21.3% tax rate now rises to 32.7%, meaning your real tax rate is actually 11.4% higher than what it seemed at first.
Summary
If you make S$38,256 a year living in Singapore, you will be taxed S$8,134. That means that your net pay will be S$30,122 per year, or S$2,510 per month. Your average tax rate is 21.3% 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 31,483
17.7%
1
Canada
SGD 28,268
26.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 35,869
6.2%
1
Taiwan
SGD 34,166
10.7%
2
Thailand
SGD 33,555
12.3%
3
Australia
SGD 33,250
13.1%
4
South Korea
SGD 31,865
16.7%
5
New Zealand
SGD 31,687
17.2%
6
Kazakhstan
SGD 30,638
19.9%
7
Indonesia
SGD 30,450
20.4%
8
Pakistan
SGD 30,354
20.7%
9
Singapore
SGD 30,122
21.3%
10
Japan
SGD 29,860
22.0%
11
Malaysia
SGD 29,718
22.3%
12
Philippines
SGD 28,715
24.9%
13
Vietnam
SGD 27,674
27.7%
14
China
SGD 25,916
32.3%
15
India
SGD 24,822
35.1%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 34,588
9.6%
1
Puerto Rico
SGD 33,686
12.0%
2
Costa Rica
SGD 33,518
12.4%
3
Ecuador
SGD 32,517
15.0%
4
Colombia
SGD 31,257
18.3%
5
Panama
SGD 31,146
18.6%
6
Chile
SGD 30,677
19.8%
7
Mexico
SGD 29,499
22.9%
8
Peru
SGD 29,234
23.6%
9
Brazil
SGD 28,486
25.5%
10
Uruguay
SGD 27,629
27.8%
11
Argentina
SGD 24,857
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 29,994
21.6%
1
Angola
SGD 28,063
26.7%
2
Mozambique
SGD 27,820
27.3%
3
Kenya
SGD 27,456
28.2%
4
Ghana
SGD 26,638
30.4%
5
Ivory Coast
SGD 26,534
30.6%
6
Morocco
SGD 26,200
31.5%
7
Nigeria
SGD 26,188
31.6%
8
Uganda
SGD 25,259
34.0%
9
Cameroon
SGD 24,938
34.8%
10
Senegal
SGD 24,481
36.0%
11
Zambia
SGD 23,917
37.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 36,343
5.0%
1
Qatar
SGD 36,343
5.0%
2
Bahrain
SGD 35,196
8.0%
3
Oman
SGD 35,196
8.0%
4
Saudi Arabia
SGD 34,430
10.0%
5
Kuwait
SGD 34,048
11.0%
6
Israel
SGD 32,038
16.3%
7
Egypt
SGD 29,061
24.0%
8
Lebanon
SGD 28,945
24.3%
9
Turkey
SGD 22,537
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.