Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$71,250
Income Tax
- S$13,521
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$14,721
Net pay
* S$56,529
Marginal tax rate
22.0%
Average tax rate
20.7%
79.3%
Net pay
20.7%
Total tax
Total tax
Net pay
The Taxberg
S$56,529
Net pay
S$1,020
Tax the employer pays
S$14,721
Tax you pay
Total tax paid
S$15,741
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$71,250. In other words, every time you spend S$10 of your hard-earned money, S$2.21 goes to the government.
Real tax rate
21.8%
So, with you and the employer both paying tax, what used to be a 20.7% tax rate now rises to 21.8%, meaning your real tax rate is actually 1.1% higher than what it seemed at first.
Summary
If you make S$855,000 a year living in Singapore, you will be taxed S$176,650. That means that your net pay will be S$678,350 per year, or S$56,529 per month. Your average tax rate is 20.7% and your marginal tax rate is 22.0%. 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$22, hence, your net pay will only increase by S$78.
Bonus Example
A S$1,000 bonus will generate an extra S$780 of net incomes. A S$5,000 bonus will generate an extra S$3,900 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
SGD 502,601
41.2%
1
Canada
SGD 428,576
49.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 760,410
11.1%
1
Hong Kong
SGD 714,037
16.5%
2
Singapore
SGD 678,350
20.7%
3
Indonesia
SGD 582,947
31.8%
4
Thailand
SGD 574,178
32.8%
5
Pakistan
SGD 561,724
34.3%
6
Vietnam
SGD 557,943
34.7%
7
Taiwan
SGD 546,685
36.1%
8
Philippines
SGD 540,217
36.8%
9
New Zealand
SGD 535,785
37.3%
10
Malaysia
SGD 530,425
38.0%
11
China
SGD 508,221
40.6%
12
Japan
SGD 496,107
42.0%
13
South Korea
SGD 486,873
43.1%
14
Australia
SGD 478,836
44.0%
15
India
SGD 390,033
54.4%
16
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 622,244
27.2%
1
Kenya
SGD 599,177
29.9%
2
Ivory Coast
SGD 581,796
32.0%
3
Nigeria
SGD 581,737
32.0%
4
Ghana
SGD 566,914
33.7%
5
Mozambique
SGD 558,703
34.7%
6
Zambia
SGD 526,215
38.5%
7
Cameroon
SGD 522,212
38.9%
8
Morocco
SGD 521,137
39.1%
9
Senegal
SGD 514,527
39.8%
10
South Africa
SGD 483,536
43.5%
11
Uganda
SGD 475,021
44.4%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 840,827
1.7%
1
Saudi Arabia
SGD 835,762
2.3%
2
Bahrain
SGD 834,520
2.4%
3
United Arab Emirates
SGD 812,250
5.0%
4
Qatar
SGD 812,250
5.0%
5
Oman
SGD 786,600
8.0%
6
Egypt
SGD 641,619
25.0%
7
Lebanon
SGD 641,503
25.0%
8
Turkey
SGD 498,216
41.7%
9
Israel
SGD 460,217
46.2%
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.