Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$74,014
Income Tax
- S$14,129
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$15,329
Net pay
* S$58,685
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$58,685
Net pay
S$1,020
Tax the employer pays
S$15,329
Tax you pay
Total tax paid
S$16,349
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$74,014. 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$888,168 a year living in Singapore, you will be taxed S$183,947. That means that your net pay will be S$704,221 per year, or S$58,685 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 520,280
41.4%
1
Canada
SGD 443,990
50.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 790,261
11.0%
1
Hong Kong
SGD 741,566
16.5%
2
Singapore
SGD 704,221
20.7%
3
Indonesia
SGD 605,369
31.8%
4
Thailand
SGD 595,737
32.9%
5
Pakistan
SGD 583,283
34.3%
6
Vietnam
SGD 579,502
34.8%
7
Taiwan
SGD 566,586
36.2%
8
Philippines
SGD 560,809
36.9%
9
New Zealand
SGD 556,017
37.4%
10
Malaysia
SGD 549,993
38.1%
11
China
SGD 526,463
40.7%
12
Japan
SGD 513,982
42.1%
13
South Korea
SGD 504,163
43.2%
14
Australia
SGD 496,415
44.1%
15
India
SGD 393,850
55.7%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 787,138
11.4%
1
Brazil
SGD 644,672
27.4%
2
Costa Rica
SGD 611,325
31.2%
3
Panama
SGD 601,740
32.3%
4
Mexico
SGD 583,754
34.3%
5
Puerto Rico
SGD 581,801
34.5%
6
Argentina
SGD 577,300
35.0%
7
Uruguay
SGD 575,909
35.2%
8
Colombia
SGD 573,272
35.5%
9
Chile
SGD 565,499
36.3%
10
Peru
SGD 554,534
37.6%
11
Ecuador
SGD 524,898
40.9%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 646,374
27.2%
1
Kenya
SGD 622,394
29.9%
2
Ivory Coast
SGD 604,428
32.0%
3
Nigeria
SGD 604,298
32.0%
4
Ghana
SGD 588,855
33.7%
5
Mozambique
SGD 580,262
34.7%
6
Zambia
SGD 546,613
38.5%
7
Cameroon
SGD 542,407
38.9%
8
Morocco
SGD 541,237
39.1%
9
Senegal
SGD 534,428
39.8%
10
South Africa
SGD 501,779
43.5%
11
Uganda
SGD 493,263
44.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 873,995
1.6%
1
Saudi Arabia
SGD 868,930
2.2%
2
Bahrain
SGD 867,356
2.3%
3
United Arab Emirates
SGD 843,760
5.0%
4
Qatar
SGD 843,760
5.0%
5
Oman
SGD 817,115
8.0%
6
Egypt
SGD 666,495
25.0%
7
Lebanon
SGD 666,379
25.0%
8
Turkey
SGD 517,534
41.7%
9
Israel
SGD 476,801
46.3%
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.