Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$5,430
Income Tax
- S$193
Central Provident Fund (CPF)
- S$1,086
Total tax
- S$1,278
Net pay
* S$4,152
Marginal tax rate
26.9%
Average tax rate
23.5%
76.5%
Net pay
23.5%
Total tax
Total tax
Net pay
The Taxberg
S$4,152
Net pay
S$923
Tax the employer pays
S$1,278
Tax you pay
Total tax paid
S$2,202
Did you know your employer also pays tax on your salary? It costs the employer S$923 to pay you S$5,430. In other words, every time you spend S$10 of your hard-earned money, S$4.05 goes to the government.
Real tax rate
34.7%
So, with you and the employer both paying tax, what used to be a 23.5% tax rate now rises to 34.7%, meaning your real tax rate is actually 11.2% higher than what it seemed at first.
Summary
If you make S$65,160 a year living in Singapore, you will be taxed S$15,339. That means that your net pay will be S$49,821 per year, or S$4,152 per month. Your average tax rate is 23.5% 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 51,389
21.1%
1
Canada
SGD 46,501
28.6%
2
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 47,635
26.9%
1
South Africa
SGD 46,599
28.5%
2
Kenya
SGD 46,289
29.0%
3
Mozambique
SGD 45,307
30.5%
4
Nigeria
SGD 44,488
31.7%
5
Ghana
SGD 44,435
31.8%
6
Ivory Coast
SGD 43,198
33.7%
7
Morocco
SGD 42,504
34.8%
8
Cameroon
SGD 41,318
36.6%
9
Senegal
SGD 40,623
37.7%
10
Uganda
SGD 40,609
37.7%
11
Zambia
SGD 40,463
37.9%
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.