Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$3,724
Income Tax
- S$73.18
Central Provident Fund (CPF)
- S$745
Total tax
- S$818
Net pay
* S$2,906
Marginal tax rate
27.2%
Average tax rate
22.0%
78.0%
Net pay
22.0%
Total tax
Total tax
Net pay
The Taxberg
S$2,906
Net pay
S$634
Tax the employer pays
S$818
Tax you pay
Total tax paid
S$1,452
Did you know your employer also pays tax on your salary? It costs the employer S$634 to pay you S$3,724. In other words, every time you spend S$10 of your hard-earned money, S$3.90 goes to the government.
Real tax rate
33.3%
So, with you and the employer both paying tax, what used to be a 22% tax rate now rises to 33.3%, meaning your real tax rate is actually 11.3% higher than what it seemed at first.
Summary
If you make S$44,688 a year living in Singapore, you will be taxed S$9,815. That means that your net pay will be S$34,873 per year, or S$2,906 per month. Your average tax rate is 22.0% 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 36,242
18.9%
1
Canada
SGD 32,939
26.3%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 41,500
7.1%
1
Taiwan
SGD 39,727
11.1%
2
Thailand
SGD 38,448
14.0%
3
Australia
SGD 37,619
15.8%
4
South Korea
SGD 36,859
17.5%
5
New Zealand
SGD 36,215
19.0%
6
Kazakhstan
SGD 35,848
19.8%
7
Indonesia
SGD 35,051
21.6%
8
Singapore
SGD 34,873
22.0%
9
Pakistan
SGD 34,696
22.4%
10
Japan
SGD 34,243
23.4%
11
Malaysia
SGD 33,878
24.2%
12
Philippines
SGD 33,031
26.1%
13
Vietnam
SGD 31,703
29.1%
14
China
SGD 29,904
33.1%
15
India
SGD 28,475
36.3%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 40,403
9.6%
1
Puerto Rico
SGD 38,818
13.1%
2
Costa Rica
SGD 38,638
13.5%
3
Ecuador
SGD 37,465
16.2%
4
Panama
SGD 36,012
19.4%
5
Colombia
SGD 35,760
20.0%
6
Chile
SGD 35,672
20.2%
7
Peru
SGD 33,924
24.1%
8
Mexico
SGD 33,823
24.3%
9
Brazil
SGD 33,149
25.8%
10
Uruguay
SGD 31,997
28.4%
11
Argentina
SGD 29,038
35.0%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 42,454
5.0%
1
Qatar
SGD 42,454
5.0%
2
Bahrain
SGD 41,113
8.0%
3
Oman
SGD 41,113
8.0%
4
Saudi Arabia
SGD 40,219
10.0%
5
Kuwait
SGD 39,772
11.0%
6
Israel
SGD 36,765
17.7%
7
Egypt
SGD 33,885
24.2%
8
Lebanon
SGD 33,769
24.4%
9
Turkey
SGD 26,283
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.