Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$3,961
Income Tax
- S$89.77
Central Provident Fund (CPF)
- S$792
Total tax
- S$882
Net pay
* S$3,079
Marginal tax rate
26.9%
Average tax rate
22.3%
77.7%
Net pay
22.3%
Total tax
Total tax
Net pay
The Taxberg
S$3,079
Net pay
S$674
Tax the employer pays
S$882
Tax you pay
Total tax paid
S$1,556
Did you know your employer also pays tax on your salary? It costs the employer S$674 to pay you S$3,961. In other words, every time you spend S$10 of your hard-earned money, S$3.93 goes to the government.
Real tax rate
33.6%
So, with you and the employer both paying tax, what used to be a 22.3% tax rate now rises to 33.6%, meaning your real tax rate is actually 11.3% higher than what it seemed at first.
Summary
If you make S$47,532 a year living in Singapore, you will be taxed S$10,582. That means that your net pay will be S$36,950 per year, or S$3,079 per month. Your average tax rate is 22.3% and your marginal tax rate is 26.9%. 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$26.92, hence, your net pay will only increase by S$73.08.
Bonus Example
A S$1,000 bonus will generate an extra S$731 of net incomes. A S$5,000 bonus will generate an extra S$3,654 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
SGD 38,346
19.3%
1
Canada
SGD 34,874
26.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 43,943
7.6%
1
Taiwan
SGD 42,185
11.3%
2
Thailand
SGD 40,581
14.6%
3
Australia
SGD 39,481
16.9%
4
South Korea
SGD 39,040
17.9%
5
New Zealand
SGD 38,167
19.7%
6
Kazakhstan
SGD 38,151
19.7%
7
Indonesia
SGD 37,011
22.1%
8
Singapore
SGD 36,950
22.3%
9
Pakistan
SGD 36,615
23.0%
10
Japan
SGD 36,181
23.9%
11
Malaysia
SGD 35,735
24.8%
12
Philippines
SGD 34,907
26.6%
13
Vietnam
SGD 33,485
29.6%
14
China
SGD 31,667
33.4%
15
India
SGD 30,091
36.7%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 42,974
9.6%
1
Puerto Rico
SGD 41,046
13.7%
2
Costa Rica
SGD 40,830
14.1%
3
Ecuador
SGD 39,621
16.6%
4
Panama
SGD 38,163
19.7%
5
Chile
SGD 38,156
19.7%
6
Colombia
SGD 37,751
20.6%
7
Peru
SGD 35,990
24.3%
8
Mexico
SGD 35,734
24.8%
9
Brazil
SGD 35,211
25.9%
10
Uruguay
SGD 33,724
29.1%
11
Argentina
SGD 30,887
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 35,927
24.4%
1
Angola
SGD 34,811
26.8%
2
Kenya
SGD 33,949
28.6%
3
Mozambique
SGD 33,849
28.8%
4
Ghana
SGD 32,774
31.1%
5
Nigeria
SGD 32,497
31.6%
6
Ivory Coast
SGD 32,281
32.1%
7
Morocco
SGD 31,821
33.1%
8
Uganda
SGD 30,913
35.0%
9
Cameroon
SGD 30,586
35.7%
10
Senegal
SGD 30,047
36.8%
11
Zambia
SGD 29,622
37.7%
12
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.