Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$3,702
Income Tax
- S$71.64
Central Provident Fund (CPF)
- S$740
Total tax
- S$812
Net pay
* S$2,890
Marginal tax rate
27.2%
Average tax rate
21.9%
78.1%
Net pay
21.9%
Total tax
Total tax
Net pay
The Taxberg
S$2,890
Net pay
S$630
Tax the employer pays
S$812
Tax you pay
Total tax paid
S$1,442
Did you know your employer also pays tax on your salary? It costs the employer S$630 to pay you S$3,702. In other words, every time you spend S$10 of your hard-earned money, S$3.89 goes to the government.
Real tax rate
33.3%
So, with you and the employer both paying tax, what used to be a 21.9% tax rate now rises to 33.3%, meaning your real tax rate is actually 11.4% higher than what it seemed at first.
Summary
If you make S$44,424 a year living in Singapore, you will be taxed S$9,744. That means that your net pay will be S$34,680 per year, or S$2,890 per month. Your average tax rate is 21.9% and your marginal tax rate is 27.2%. 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$27.16, hence, your net pay will only increase by S$72.84.
Bonus Example
A S$1,000 bonus will generate an extra S$728 of net incomes. A S$5,000 bonus will generate an extra S$3,642 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
SGD 36,047
18.9%
1
Canada
SGD 32,759
26.3%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 41,272
7.1%
1
Taiwan
SGD 39,498
11.1%
2
Thailand
SGD 38,250
13.9%
3
Australia
SGD 37,446
15.7%
4
South Korea
SGD 36,655
17.5%
5
New Zealand
SGD 36,034
18.9%
6
Kazakhstan
SGD 35,634
19.8%
7
Indonesia
SGD 34,869
21.5%
8
Singapore
SGD 34,680
21.9%
9
Pakistan
SGD 34,517
22.3%
10
Japan
SGD 34,063
23.3%
11
Malaysia
SGD 33,706
24.1%
12
Philippines
SGD 32,855
26.0%
13
Vietnam
SGD 31,538
29.0%
14
China
SGD 29,740
33.1%
15
India
SGD 28,325
36.2%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 40,164
9.6%
1
Puerto Rico
SGD 38,611
13.1%
2
Costa Rica
SGD 38,435
13.5%
3
Ecuador
SGD 37,262
16.1%
4
Panama
SGD 35,812
19.4%
5
Colombia
SGD 35,575
19.9%
6
Chile
SGD 35,442
20.2%
7
Peru
SGD 33,732
24.1%
8
Mexico
SGD 33,645
24.3%
9
Brazil
SGD 32,957
25.8%
10
Uruguay
SGD 31,837
28.3%
11
Argentina
SGD 28,866
35.0%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 42,203
5.0%
1
Qatar
SGD 42,203
5.0%
2
Bahrain
SGD 40,870
8.0%
3
Oman
SGD 40,870
8.0%
4
Saudi Arabia
SGD 39,982
10.0%
5
Kuwait
SGD 39,537
11.0%
6
Israel
SGD 36,575
17.7%
7
Egypt
SGD 33,687
24.2%
8
Lebanon
SGD 33,571
24.4%
9
Turkey
SGD 26,129
41.2%
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.