Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$7,253
Income Tax
- S$347
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$1,547
Net pay
* S$5,706
Marginal tax rate
11.5%
Average tax rate
21.3%
78.7%
Net pay
21.3%
Total tax
Total tax
Net pay
The Taxberg
S$5,706
Net pay
S$1,020
Tax the employer pays
S$1,547
Tax you pay
Total tax paid
S$2,567
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$7,253. In other words, every time you spend S$10 of your hard-earned money, S$3.54 goes to the government.
Real tax rate
31.0%
So, with you and the employer both paying tax, what used to be a 21.3% tax rate now rises to 31.0%, meaning your real tax rate is actually 9.7% higher than what it seemed at first.
Summary
If you make S$87,036 a year living in Singapore, you will be taxed S$18,559. That means that your net pay will be S$68,477 per year, or S$5,706 per month. Your average tax rate is 21.3% 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
North America
Country 
Net pay
Average tax
Rank
USA
SGD 66,195
24.0%
1
Canada
SGD 61,495
29.4%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 78,071
10.3%
1
Chile
SGD 71,588
17.8%
2
Costa Rica
SGD 70,500
19.0%
3
Puerto Rico
SGD 69,045
20.7%
4
Panama
SGD 66,984
23.0%
5
Ecuador
SGD 66,596
23.5%
6
Brazil
SGD 63,851
26.6%
7
Peru
SGD 63,841
26.7%
8
Colombia
SGD 63,771
26.7%
9
Uruguay
SGD 63,405
27.2%
10
Mexico
SGD 61,785
29.0%
11
Argentina
SGD 56,564
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 63,550
27.0%
1
Kenya
SGD 61,602
29.2%
2
Mozambique
SGD 59,527
31.6%
3
South Africa
SGD 59,506
31.6%
4
Nigeria
SGD 59,368
31.8%
5
Ghana
SGD 58,906
32.3%
6
Ivory Coast
SGD 57,795
33.6%
7
Morocco
SGD 55,760
35.9%
8
Cameroon
SGD 54,638
37.2%
9
Zambia
SGD 53,917
38.1%
10
Senegal
SGD 53,749
38.3%
11
Uganda
SGD 52,641
39.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 82,684
5.0%
1
Qatar
SGD 82,684
5.0%
2
Bahrain
SGD 80,073
8.0%
3
Oman
SGD 80,073
8.0%
4
Saudi Arabia
SGD 78,332
10.0%
5
Kuwait
SGD 77,679
10.8%
6
Egypt
SGD 65,646
24.6%
7
Lebanon
SGD 65,530
24.7%
8
Israel
SGD 64,905
25.4%
9
Turkey
SGD 50,947
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.