Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$5,557
Income Tax
- S$201
Central Provident Fund (CPF)
- S$1,111
Total tax
- S$1,312
Net pay
* S$4,245
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$4,245
Net pay
S$945
Tax the employer pays
S$1,312
Tax you pay
Total tax paid
S$2,257
Did you know your employer also pays tax on your salary? It costs the employer S$945 to pay you S$5,557. 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$66,684 a year living in Singapore, you will be taxed S$15,749. That means that your net pay will be S$50,935 per year, or S$4,245 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 52,517
21.3%
1
Canada
SGD 47,573
28.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 59,735
10.4%
1
Taiwan
SGD 57,561
13.7%
2
Thailand
SGD 54,945
17.6%
3
Kazakhstan
SGD 53,664
19.5%
4
South Korea
SGD 53,518
19.7%
5
Australia
SGD 52,026
22.0%
6
New Zealand
SGD 50,977
23.6%
7
Singapore
SGD 50,935
23.6%
8
Indonesia
SGD 50,015
25.0%
9
Pakistan
SGD 49,319
26.0%
10
Japan
SGD 49,247
26.2%
11
Malaysia
SGD 48,164
27.8%
12
Philippines
SGD 47,420
28.9%
13
Vietnam
SGD 45,538
31.7%
14
China
SGD 43,931
34.1%
15
India
SGD 40,969
38.6%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 60,058
9.9%
1
Costa Rica
SGD 55,416
16.9%
2
Puerto Rico
SGD 55,341
17.0%
3
Chile
SGD 55,089
17.4%
4
Panama
SGD 52,652
21.0%
5
Ecuador
SGD 52,613
21.1%
6
Colombia
SGD 50,812
23.8%
7
Peru
SGD 49,857
25.2%
8
Brazil
SGD 49,096
26.4%
9
Mexico
SGD 48,551
27.2%
10
Uruguay
SGD 45,354
32.0%
11
Argentina
SGD 43,335
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 48,744
26.9%
1
South Africa
SGD 47,498
28.8%
2
Kenya
SGD 47,355
29.0%
3
Mozambique
SGD 46,298
30.6%
4
Nigeria
SGD 45,524
31.7%
5
Ghana
SGD 45,443
31.9%
6
Ivory Coast
SGD 44,142
33.8%
7
Morocco
SGD 43,427
34.9%
8
Cameroon
SGD 42,246
36.7%
9
Senegal
SGD 41,538
37.7%
10
Uganda
SGD 41,447
37.9%
11
Zambia
SGD 41,401
37.9%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 63,350
5.0%
1
Qatar
SGD 63,350
5.0%
2
Bahrain
SGD 61,349
8.0%
3
Oman
SGD 61,349
8.0%
4
Saudi Arabia
SGD 60,016
10.0%
5
Kuwait
SGD 59,349
11.0%
6
Israel
SGD 52,261
21.6%
7
Egypt
SGD 50,382
24.5%
8
Lebanon
SGD 50,266
24.6%
9
Turkey
SGD 39,093
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.