Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$7,283
Income Tax
- S$350
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$1,550
Net pay
* S$5,733
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$5,733
Net pay
S$1,020
Tax the employer pays
S$1,550
Tax you pay
Total tax paid
S$2,570
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$7,283. In other words, every time you spend S$10 of your hard-earned money, S$3.53 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$87,396 a year living in Singapore, you will be taxed S$18,601. That means that your net pay will be S$68,795 per year, or S$5,733 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
Europe
Country 
Net pay
Average tax
Rank
Russia
SGD 76,035
13.0%
1
Switzerland
SGD 71,636
18.0%
2
Hungary
SGD 71,228
18.5%
3
Ukraine
SGD 70,354
19.5%
4
Czech Republic
SGD 66,402
24.0%
5
United Kingdom
SGD 65,362
25.2%
6
France
SGD 63,965
26.8%
7
Norway
SGD 62,411
28.6%
8
Ireland
SGD 61,324
29.8%
9
Spain
SGD 60,806
30.4%
10
Denmark
SGD 58,423
33.2%
11
Austria
SGD 56,519
35.3%
12
Sweden
SGD 56,463
35.4%
13
Luxembourg
SGD 56,000
35.9%
14
Netherlands
SGD 54,999
37.1%
15
Poland
SGD 53,987
38.2%
16
Greece
SGD 53,550
38.7%
17
Germany
SGD 52,172
40.3%
18
Romania
SGD 51,127
41.5%
19
Finland
SGD 49,596
43.3%
20
Italy
SGD 48,988
44.0%
21
Portugal
SGD 46,951
46.3%
22
Belgium
SGD 40,007
54.2%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 66,426
24.0%
1
Canada
SGD 61,731
29.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 76,926
12.0%
1
Taiwan
SGD 73,812
15.5%
2
Kazakhstan
SGD 70,441
19.4%
3
Thailand
SGD 69,973
19.9%
4
Singapore
SGD 68,795
21.3%
5
South Korea
SGD 68,300
21.9%
6
Australia
SGD 65,592
25.0%
7
New Zealand
SGD 64,566
26.1%
8
Japan
SGD 64,199
26.5%
9
Indonesia
SGD 64,047
26.7%
10
Pakistan
SGD 62,782
28.2%
11
China
SGD 62,213
28.8%
12
Malaysia
SGD 61,619
29.5%
13
Philippines
SGD 60,952
30.3%
14
Vietnam
SGD 59,001
32.5%
15
India
SGD 50,316
42.4%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 78,390
10.3%
1
Chile
SGD 71,865
17.8%
2
Costa Rica
SGD 70,758
19.0%
3
Puerto Rico
SGD 69,259
20.8%
4
Panama
SGD 67,224
23.1%
5
Ecuador
SGD 66,818
23.6%
6
Brazil
SGD 64,112
26.6%
7
Peru
SGD 64,061
26.7%
8
Colombia
SGD 64,008
26.8%
9
Uruguay
SGD 63,661
27.2%
10
Mexico
SGD 62,013
29.0%
11
Argentina
SGD 56,798
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 63,812
27.0%
1
Kenya
SGD 61,854
29.2%
2
Mozambique
SGD 59,761
31.6%
3
South Africa
SGD 59,718
31.7%
4
Nigeria
SGD 59,613
31.8%
5
Ghana
SGD 59,144
32.3%
6
Ivory Coast
SGD 58,041
33.6%
7
Morocco
SGD 55,978
36.0%
8
Cameroon
SGD 54,857
37.2%
9
Zambia
SGD 54,138
38.1%
10
Senegal
SGD 53,965
38.3%
11
Uganda
SGD 52,839
39.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 83,026
5.0%
1
Qatar
SGD 83,026
5.0%
2
Bahrain
SGD 80,404
8.0%
3
Oman
SGD 80,404
8.0%
4
Saudi Arabia
SGD 78,656
10.0%
5
Kuwait
SGD 78,008
10.7%
6
Egypt
SGD 65,916
24.6%
7
Lebanon
SGD 65,800
24.7%
8
Israel
SGD 65,124
25.5%
9
Turkey
SGD 51,156
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.