Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$5,972
Income Tax
- S$231
Central Provident Fund (CPF)
- S$1,177
Total tax
- S$1,408
Net pay
* S$4,564
Marginal tax rate
15.2%
Average tax rate
23.6%
76.4%
Net pay
23.6%
Total tax
Total tax
Net pay
The Taxberg
S$4,564
Net pay
S$1,001
Tax the employer pays
S$1,408
Tax you pay
Total tax paid
S$2,409
Did you know your employer also pays tax on your salary? It costs the employer S$1,001 to pay you S$5,972. In other words, every time you spend S$10 of your hard-earned money, S$4.03 goes to the government.
Real tax rate
34.5%
So, with you and the employer both paying tax, what used to be a 23.6% tax rate now rises to 34.5%, meaning your real tax rate is actually 10.9% higher than what it seemed at first.
Summary
If you make S$71,664 a year living in Singapore, you will be taxed S$16,894. That means that your net pay will be S$54,770 per year, or S$4,564 per month. Your average tax rate is 23.6% and your marginal tax rate is 15.2%. 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$15.16, hence, your net pay will only increase by S$84.84.
Bonus Example
A S$1,000 bonus will generate an extra S$848 of net incomes. A S$5,000 bonus will generate an extra S$4,242 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
SGD 56,175
21.6%
1
Canada
SGD 50,940
28.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 63,868
10.9%
1
Taiwan
SGD 61,468
14.2%
2
Thailand
SGD 58,680
18.1%
3
Kazakhstan
SGD 57,698
19.5%
4
South Korea
SGD 57,072
20.4%
5
Australia
SGD 55,288
22.9%
6
Singapore
SGD 54,770
23.6%
7
New Zealand
SGD 54,245
24.3%
8
Indonesia
SGD 53,396
25.5%
9
Japan
SGD 52,869
26.2%
10
Pakistan
SGD 52,556
26.7%
11
Malaysia
SGD 51,430
28.2%
12
Philippines
SGD 50,674
29.3%
13
China
SGD 50,173
30.0%
14
Vietnam
SGD 48,775
31.9%
15
India
SGD 43,798
38.9%
16
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 52,367
26.9%
1
Kenya
SGD 50,841
29.1%
2
South Africa
SGD 50,436
29.6%
3
Mozambique
SGD 49,535
30.9%
4
Nigeria
SGD 48,912
31.8%
5
Ghana
SGD 48,738
32.0%
6
Ivory Coast
SGD 47,318
34.0%
7
Morocco
SGD 46,445
35.2%
8
Cameroon
SGD 45,278
36.8%
9
Senegal
SGD 44,526
37.9%
10
Zambia
SGD 44,463
38.0%
11
Uganda
SGD 44,186
38.3%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 68,081
5.0%
1
Qatar
SGD 68,081
5.0%
2
Bahrain
SGD 65,931
8.0%
3
Oman
SGD 65,931
8.0%
4
Saudi Arabia
SGD 64,498
10.0%
5
Kuwait
SGD 63,781
11.0%
6
Israel
SGD 55,572
22.5%
7
Egypt
SGD 54,117
24.5%
8
Lebanon
SGD 54,001
24.7%
9
Turkey
SGD 41,994
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.