Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$75,120
Income Tax
- S$14,372
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$15,572
Net pay
* S$59,548
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$59,548
Net pay
S$1,020
Tax the employer pays
S$15,572
Tax you pay
Total tax paid
S$16,592
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$75,120. 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$901,440 a year living in Singapore, you will be taxed S$186,867. That means that your net pay will be S$714,573 per year, or S$59,548 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 527,354
41.5%
1
Canada
SGD 450,157
50.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 802,206
11.0%
1
Hong Kong
SGD 752,582
16.5%
2
Singapore
SGD 714,573
20.7%
3
Indonesia
SGD 614,341
31.9%
4
Thailand
SGD 604,364
33.0%
5
Pakistan
SGD 591,910
34.3%
6
Vietnam
SGD 588,129
34.8%
7
Taiwan
SGD 574,549
36.3%
8
Philippines
SGD 569,049
36.9%
9
New Zealand
SGD 564,113
37.4%
10
Malaysia
SGD 557,824
38.1%
11
China
SGD 533,763
40.8%
12
Japan
SGD 521,134
42.2%
13
South Korea
SGD 511,081
43.3%
14
Australia
SGD 503,450
44.2%
15
India
SGD 395,377
56.1%
16
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 656,029
27.2%
1
Kenya
SGD 631,685
29.9%
2
Ivory Coast
SGD 613,484
31.9%
3
Nigeria
SGD 613,325
32.0%
4
Ghana
SGD 597,634
33.7%
5
Mozambique
SGD 588,889
34.7%
6
Zambia
SGD 554,776
38.5%
7
Cameroon
SGD 550,487
38.9%
8
Morocco
SGD 549,279
39.1%
9
Senegal
SGD 542,391
39.8%
10
South Africa
SGD 509,078
43.5%
11
Uganda
SGD 500,563
44.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 887,267
1.6%
1
Saudi Arabia
SGD 882,202
2.1%
2
Bahrain
SGD 880,496
2.3%
3
United Arab Emirates
SGD 856,368
5.0%
4
Qatar
SGD 856,368
5.0%
5
Oman
SGD 829,325
8.0%
6
Egypt
SGD 676,449
25.0%
7
Lebanon
SGD 676,333
25.0%
8
Turkey
SGD 525,264
41.7%
9
Israel
SGD 483,437
46.4%
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.