Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$4,900
Income Tax
- S$156
Central Provident Fund (CPF)
- S$980
Total tax
- S$1,135
Net pay
* S$3,765
Marginal tax rate
27.2%
Average tax rate
23.2%
76.8%
Net pay
23.2%
Total tax
Total tax
Net pay
The Taxberg
S$3,765
Net pay
S$833
Tax the employer pays
S$1,135
Tax you pay
Total tax paid
S$1,969
Did you know your employer also pays tax on your salary? It costs the employer S$833 to pay you S$4,900. In other words, every time you spend S$10 of your hard-earned money, S$4.02 goes to the government.
Real tax rate
34.3%
So, with you and the employer both paying tax, what used to be a 23.2% tax rate now rises to 34.3%, meaning your real tax rate is actually 11.1% higher than what it seemed at first.
Summary
If you make S$58,800 a year living in Singapore, you will be taxed S$13,624. That means that your net pay will be S$45,176 per year, or S$3,765 per month. Your average tax rate is 23.2% 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 46,683
20.6%
1
Canada
SGD 42,186
28.3%
2
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 43,008
26.9%
1
South Africa
SGD 42,811
27.2%
2
Kenya
SGD 41,837
28.9%
3
Mozambique
SGD 41,173
30.0%
4
Ghana
SGD 40,228
31.6%
5
Nigeria
SGD 40,162
31.7%
6
Ivory Coast
SGD 39,259
33.2%
7
Morocco
SGD 38,650
34.3%
8
Cameroon
SGD 37,446
36.3%
9
Uganda
SGD 37,111
36.9%
10
Senegal
SGD 36,807
37.4%
11
Zambia
SGD 36,552
37.8%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 55,860
5.0%
1
Qatar
SGD 55,860
5.0%
2
Bahrain
SGD 54,096
8.0%
3
Oman
SGD 54,096
8.0%
4
Saudi Arabia
SGD 52,920
10.0%
5
Kuwait
SGD 52,332
11.0%
6
Israel
SGD 46,711
20.6%
7
Egypt
SGD 44,469
24.4%
8
Lebanon
SGD 44,353
24.6%
9
Turkey
SGD 34,502
41.3%
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.