Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$4,102
Income Tax
- S$99.64
Central Provident Fund (CPF)
- S$820
Total tax
- S$920
Net pay
* S$3,182
Marginal tax rate
26.9%
Average tax rate
22.4%
77.6%
Net pay
22.4%
Total tax
Total tax
Net pay
The Taxberg
S$3,182
Net pay
S$698
Tax the employer pays
S$920
Tax you pay
Total tax paid
S$1,618
Did you know your employer also pays tax on your salary? It costs the employer S$698 to pay you S$4,102. In other words, every time you spend S$10 of your hard-earned money, S$3.94 goes to the government.
Real tax rate
33.7%
So, with you and the employer both paying tax, what used to be a 22.4% tax rate now rises to 33.7%, meaning your real tax rate is actually 11.3% higher than what it seemed at first.
Summary
If you make S$49,224 a year living in Singapore, you will be taxed S$11,037. That means that your net pay will be S$38,187 per year, or S$3,182 per month. Your average tax rate is 22.4% 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
Europe
Country 
Net pay
Average tax
Rank
Switzerland
SGD 42,963
12.7%
1
Russia
SGD 42,825
13.0%
2
Ireland
SGD 41,044
16.6%
3
Hungary
SGD 40,118
18.5%
4
United Kingdom
SGD 40,033
18.7%
5
France
SGD 39,802
19.1%
6
Ukraine
SGD 39,625
19.5%
7
Czech Republic
SGD 38,154
22.5%
8
Norway
SGD 38,106
22.6%
9
Luxembourg
SGD 37,490
23.8%
10
Spain
SGD 37,209
24.4%
11
Austria
SGD 35,832
27.2%
12
Sweden
SGD 34,809
29.3%
13
Greece
SGD 33,986
31.0%
14
Denmark
SGD 33,172
32.6%
15
Germany
SGD 32,968
33.0%
16
Poland
SGD 32,589
33.8%
17
Italy
SGD 31,651
35.7%
18
Finland
SGD 31,002
37.0%
19
Netherlands
SGD 30,976
37.1%
20
Portugal
SGD 29,887
39.3%
21
Romania
SGD 28,796
41.5%
22
Belgium
SGD 25,151
48.9%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
SGD 39,598
19.6%
1
Canada
SGD 35,982
26.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 45,390
7.8%
1
Taiwan
SGD 43,648
11.3%
2
Thailand
SGD 41,850
15.0%
3
Australia
SGD 40,590
17.5%
4
South Korea
SGD 40,335
18.1%
5
Kazakhstan
SGD 39,522
19.7%
6
New Zealand
SGD 39,328
20.1%
7
Singapore
SGD 38,187
22.4%
8
Indonesia
SGD 38,160
22.5%
9
Pakistan
SGD 37,757
23.3%
10
Japan
SGD 37,334
24.2%
11
Malaysia
SGD 36,839
25.2%
12
Philippines
SGD 36,013
26.8%
13
Vietnam
SGD 34,545
29.8%
14
China
SGD 32,716
33.5%
15
India
SGD 31,052
36.9%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 44,504
9.6%
1
Puerto Rico
SGD 42,372
13.9%
2
Costa Rica
SGD 42,133
14.4%
3
Ecuador
SGD 40,847
17.0%
4
Chile
SGD 39,700
19.4%
5
Panama
SGD 39,443
19.9%
6
Colombia
SGD 38,936
20.9%
7
Peru
SGD 37,218
24.4%
8
Mexico
SGD 36,872
25.1%
9
Brazil
SGD 36,437
26.0%
10
Uruguay
SGD 34,752
29.4%
11
Argentina
SGD 31,986
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 36,963
24.9%
1
Angola
SGD 36,042
26.8%
2
Kenya
SGD 35,133
28.6%
3
Mozambique
SGD 34,949
29.0%
4
Ghana
SGD 33,894
31.1%
5
Nigeria
SGD 33,648
31.6%
6
Ivory Coast
SGD 33,329
32.3%
7
Morocco
SGD 32,847
33.3%
8
Uganda
SGD 31,844
35.3%
9
Cameroon
SGD 31,616
35.8%
10
Senegal
SGD 31,062
36.9%
11
Zambia
SGD 30,663
37.7%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 46,763
5.0%
1
Qatar
SGD 46,763
5.0%
2
Bahrain
SGD 45,286
8.0%
3
Oman
SGD 45,286
8.0%
4
Saudi Arabia
SGD 44,302
10.0%
5
Kuwait
SGD 43,809
11.0%
6
Israel
SGD 39,970
18.8%
7
Egypt
SGD 37,287
24.3%
8
Lebanon
SGD 37,171
24.5%
9
Turkey
SGD 28,924
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.