Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$7,110
Income Tax
- S$330
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$1,530
Net pay
* S$5,580
Marginal tax rate
11.5%
Average tax rate
21.5%
78.5%
Net pay
21.5%
Total tax
Total tax
Net pay
The Taxberg
S$5,580
Net pay
S$1,020
Tax the employer pays
S$1,530
Tax you pay
Total tax paid
S$2,550
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$7,110. In other words, every time you spend S$10 of your hard-earned money, S$3.59 goes to the government.
Real tax rate
31.4%
So, with you and the employer both paying tax, what used to be a 21.5% tax rate now rises to 31.4%, meaning your real tax rate is actually 9.9% higher than what it seemed at first.
Summary
If you make S$85,320 a year living in Singapore, you will be taxed S$18,362. That means that your net pay will be S$66,958 per year, or S$5,580 per month. Your average tax rate is 21.5% and your marginal tax rate is 11.5%. 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$11.50, hence, your net pay will only increase by S$88.50.
Bonus Example
A S$1,000 bonus will generate an extra S$885 of net incomes. A S$5,000 bonus will generate an extra S$4,425 of net incomes.
Compare average tax
Europe
Country 
Net pay
Average tax
Rank
Russia
SGD 74,228
13.0%
1
Switzerland
SGD 70,150
17.8%
2
Hungary
SGD 69,536
18.5%
3
Ukraine
SGD 68,683
19.5%
4
Czech Republic
SGD 64,866
24.0%
5
United Kingdom
SGD 64,127
24.8%
6
France
SGD 62,651
26.6%
7
Norway
SGD 61,236
28.2%
8
Ireland
SGD 60,255
29.4%
9
Spain
SGD 59,506
30.3%
10
Denmark
SGD 57,085
33.1%
11
Austria
SGD 55,443
35.0%
12
Sweden
SGD 55,425
35.0%
13
Luxembourg
SGD 55,048
35.5%
14
Netherlands
SGD 53,692
37.1%
15
Poland
SGD 52,792
38.1%
16
Greece
SGD 52,552
38.4%
17
Germany
SGD 51,123
40.1%
18
Romania
SGD 49,912
41.5%
19
Finland
SGD 48,624
43.0%
20
Italy
SGD 48,004
43.7%
21
Portugal
SGD 46,037
46.0%
22
Belgium
SGD 39,241
54.0%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 65,097
23.7%
1
Canada
SGD 60,341
29.3%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 75,203
11.9%
1
Taiwan
SGD 72,181
15.4%
2
Kazakhstan
SGD 68,760
19.4%
3
Thailand
SGD 68,520
19.7%
4
Singapore
SGD 66,958
21.5%
5
South Korea
SGD 66,818
21.7%
6
Australia
SGD 64,232
24.7%
7
New Zealand
SGD 63,204
25.9%
8
Japan
SGD 62,773
26.4%
9
Indonesia
SGD 62,643
26.6%
10
Pakistan
SGD 61,432
28.0%
11
China
SGD 60,656
28.9%
12
Malaysia
SGD 60,280
29.4%
13
Philippines
SGD 59,596
30.2%
14
Vietnam
SGD 57,651
32.4%
15
India
SGD 49,201
42.3%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 76,553
10.3%
1
Chile
SGD 70,267
17.6%
2
Costa Rica
SGD 69,272
18.8%
3
Puerto Rico
SGD 67,893
20.4%
4
Panama
SGD 65,839
22.8%
5
Ecuador
SGD 65,509
23.2%
6
Peru
SGD 62,790
26.4%
7
Colombia
SGD 62,644
26.6%
8
Brazil
SGD 62,607
26.6%
9
Uruguay
SGD 62,183
27.1%
10
Mexico
SGD 60,685
28.9%
11
Argentina
SGD 55,449
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 62,302
27.0%
1
Kenya
SGD 60,401
29.2%
2
South Africa
SGD 58,493
31.4%
3
Mozambique
SGD 58,411
31.5%
4
Nigeria
SGD 58,201
31.8%
5
Ghana
SGD 57,771
32.3%
6
Ivory Coast
SGD 56,625
33.6%
7
Morocco
SGD 54,720
35.9%
8
Cameroon
SGD 53,593
37.2%
9
Zambia
SGD 52,862
38.0%
10
Senegal
SGD 52,719
38.2%
11
Uganda
SGD 51,697
39.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 81,054
5.0%
1
Qatar
SGD 81,054
5.0%
2
Bahrain
SGD 78,494
8.0%
3
Oman
SGD 78,494
8.0%
4
Saudi Arabia
SGD 76,788
10.0%
5
Kuwait
SGD 76,108
10.8%
6
Egypt
SGD 64,359
24.6%
7
Lebanon
SGD 64,243
24.7%
8
Israel
SGD 63,864
25.2%
9
Turkey
SGD 49,947
41.5%
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.