Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$5,815
Income Tax
- S$220
Central Provident Fund (CPF)
- S$1,162
Total tax
- S$1,382
Net pay
* S$4,433
Marginal tax rate
26.9%
Average tax rate
23.8%
76.2%
Net pay
23.8%
Total tax
Total tax
Net pay
The Taxberg
S$4,433
Net pay
S$989
Tax the employer pays
S$1,382
Tax you pay
Total tax paid
S$2,371
Did you know your employer also pays tax on your salary? It costs the employer S$989 to pay you S$5,815. In other words, every time you spend S$10 of your hard-earned money, S$4.08 goes to the government.
Real tax rate
34.8%
So, with you and the employer both paying tax, what used to be a 23.8% tax rate now rises to 34.8%, meaning your real tax rate is actually 11% higher than what it seemed at first.
Summary
If you make S$69,780 a year living in Singapore, you will be taxed S$16,583. That means that your net pay will be S$53,197 per year, or S$4,433 per month. Your average tax rate is 23.8% 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 54,791
21.5%
1
Canada
SGD 49,671
28.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 62,304
10.7%
1
Taiwan
SGD 59,990
14.0%
2
Thailand
SGD 57,267
17.9%
3
Kazakhstan
SGD 56,172
19.5%
4
South Korea
SGD 55,728
20.1%
5
Australia
SGD 54,054
22.5%
6
Singapore
SGD 53,197
23.8%
7
New Zealand
SGD 53,009
24.0%
8
Indonesia
SGD 52,117
25.3%
9
Japan
SGD 51,471
26.2%
10
Pakistan
SGD 51,331
26.4%
11
Malaysia
SGD 50,194
28.1%
12
Philippines
SGD 49,443
29.1%
13
China
SGD 47,812
31.5%
14
Vietnam
SGD 47,550
31.9%
15
India
SGD 42,727
38.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 62,798
10.0%
1
Costa Rica
SGD 57,771
17.2%
2
Chile
SGD 57,764
17.2%
3
Puerto Rico
SGD 57,426
17.7%
4
Panama
SGD 54,994
21.2%
5
Ecuador
SGD 54,695
21.6%
6
Colombia
SGD 52,764
24.4%
7
Peru
SGD 52,030
25.4%
8
Brazil
SGD 51,341
26.4%
9
Mexico
SGD 50,570
27.5%
10
Uruguay
SGD 47,234
32.3%
11
Argentina
SGD 45,348
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 50,996
26.9%
1
Kenya
SGD 49,523
29.0%
2
South Africa
SGD 49,325
29.3%
3
Mozambique
SGD 48,310
30.8%
4
Nigeria
SGD 47,630
31.7%
5
Ghana
SGD 47,491
31.9%
6
Ivory Coast
SGD 46,113
33.9%
7
Morocco
SGD 45,303
35.1%
8
Cameroon
SGD 44,131
36.8%
9
Senegal
SGD 43,395
37.8%
10
Zambia
SGD 43,305
37.9%
11
Uganda
SGD 43,150
38.2%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 66,291
5.0%
1
Qatar
SGD 66,291
5.0%
2
Bahrain
SGD 64,198
8.0%
3
Oman
SGD 64,198
8.0%
4
Saudi Arabia
SGD 62,802
10.0%
5
Kuwait
SGD 62,104
11.0%
6
Israel
SGD 54,348
22.1%
7
Egypt
SGD 52,704
24.5%
8
Lebanon
SGD 52,588
24.6%
9
Turkey
SGD 40,896
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.