Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$7,454
Income Tax
- S$370
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$1,570
Net pay
* S$5,884
Marginal tax rate
11.5%
Average tax rate
21.1%
78.9%
Net pay
21.1%
Total tax
Total tax
Net pay
The Taxberg
S$5,884
Net pay
S$1,020
Tax the employer pays
S$1,570
Tax you pay
Total tax paid
S$2,590
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$7,454. In other words, every time you spend S$10 of your hard-earned money, S$3.47 goes to the government.
Real tax rate
30.6%
So, with you and the employer both paying tax, what used to be a 21.1% tax rate now rises to 30.6%, meaning your real tax rate is actually 9.5% higher than what it seemed at first.
Summary
If you make S$89,448 a year living in Singapore, you will be taxed S$18,837. That means that your net pay will be S$70,611 per year, or S$5,884 per month. Your average tax rate is 21.1% 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 67,739
24.3%
1
Canada
SGD 63,078
29.5%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 80,206
10.3%
1
Chile
SGD 73,435
17.9%
2
Costa Rica
SGD 72,227
19.3%
3
Puerto Rico
SGD 70,476
21.2%
4
Panama
SGD 68,594
23.3%
5
Ecuador
SGD 68,083
23.9%
6
Brazil
SGD 65,600
26.7%
7
Colombia
SGD 65,355
26.9%
8
Peru
SGD 65,318
27.0%
9
Uruguay
SGD 65,121
27.2%
10
Mexico
SGD 63,310
29.2%
11
Argentina
SGD 58,132
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 65,305
27.0%
1
Kenya
SGD 63,290
29.2%
2
Mozambique
SGD 61,094
31.7%
3
Nigeria
SGD 61,008
31.8%
4
South Africa
SGD 60,929
31.9%
5
Ghana
SGD 60,502
32.4%
6
Ivory Coast
SGD 59,441
33.6%
7
Morocco
SGD 57,222
36.0%
8
Cameroon
SGD 56,106
37.3%
9
Zambia
SGD 55,400
38.1%
10
Senegal
SGD 55,196
38.3%
11
Uganda
SGD 53,967
39.7%
12
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.