Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$5,470
Income Tax
- S$195
Central Provident Fund (CPF)
- S$1,094
Total tax
- S$1,289
Net pay
* S$4,181
Marginal tax rate
26.9%
Average tax rate
23.6%
76.4%
Net pay
23.6%
Total tax
Total tax
Net pay
The Taxberg
S$4,181
Net pay
S$930
Tax the employer pays
S$1,289
Tax you pay
Total tax paid
S$2,219
Did you know your employer also pays tax on your salary? It costs the employer S$930 to pay you S$5,470. In other words, every time you spend S$10 of your hard-earned money, S$4.06 goes to the government.
Real tax rate
34.7%
So, with you and the employer both paying tax, what used to be a 23.6% tax rate now rises to 34.7%, meaning your real tax rate is actually 11.1% higher than what it seemed at first.
Summary
If you make S$65,640 a year living in Singapore, you will be taxed S$15,468. That means that your net pay will be S$50,172 per year, or S$4,181 per month. Your average tax rate is 23.6% 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 51,744
21.2%
1
Canada
SGD 46,838
28.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 58,872
10.3%
1
Taiwan
SGD 56,742
13.6%
2
Thailand
SGD 54,162
17.5%
3
Kazakhstan
SGD 52,819
19.5%
4
South Korea
SGD 52,773
19.6%
5
Australia
SGD 51,342
21.8%
6
New Zealand
SGD 50,292
23.4%
7
Singapore
SGD 50,172
23.6%
8
Indonesia
SGD 49,306
24.9%
9
Pakistan
SGD 48,640
25.9%
10
Japan
SGD 48,528
26.1%
11
Malaysia
SGD 47,491
27.7%
12
Philippines
SGD 46,738
28.8%
13
Vietnam
SGD 44,859
31.7%
14
China
SGD 43,160
34.3%
15
India
SGD 40,376
38.5%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 59,134
9.9%
1
Puerto Rico
SGD 54,638
16.8%
2
Costa Rica
SGD 54,622
16.8%
3
Chile
SGD 54,191
17.4%
4
Ecuador
SGD 51,999
20.8%
5
Panama
SGD 51,862
21.0%
6
Colombia
SGD 50,151
23.6%
7
Peru
SGD 49,110
25.2%
8
Brazil
SGD 48,339
26.4%
9
Mexico
SGD 47,870
27.1%
10
Uruguay
SGD 44,720
31.9%
11
Argentina
SGD 42,657
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 47,984
26.9%
1
South Africa
SGD 46,882
28.6%
2
Kenya
SGD 46,625
29.0%
3
Mozambique
SGD 45,619
30.5%
4
Nigeria
SGD 44,814
31.7%
5
Ghana
SGD 44,753
31.8%
6
Ivory Coast
SGD 43,496
33.7%
7
Morocco
SGD 42,794
34.8%
8
Cameroon
SGD 41,611
36.6%
9
Senegal
SGD 40,911
37.7%
10
Uganda
SGD 40,873
37.7%
11
Zambia
SGD 40,759
37.9%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 62,358
5.0%
1
Qatar
SGD 62,358
5.0%
2
Bahrain
SGD 60,389
8.0%
3
Oman
SGD 60,389
8.0%
4
Saudi Arabia
SGD 59,076
10.0%
5
Kuwait
SGD 58,420
11.0%
6
Israel
SGD 51,526
21.5%
7
Egypt
SGD 49,599
24.4%
8
Lebanon
SGD 49,483
24.6%
9
Turkey
SGD 38,485
41.4%
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.