Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$8,212
Income Tax
- S$457
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$1,657
Net pay
* S$6,555
Marginal tax rate
11.5%
Average tax rate
20.2%
79.8%
Net pay
20.2%
Total tax
Total tax
Net pay
The Taxberg
S$6,555
Net pay
S$1,020
Tax the employer pays
S$1,657
Tax you pay
Total tax paid
S$2,677
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$8,212. In other words, every time you spend S$10 of your hard-earned money, S$3.26 goes to the government.
Real tax rate
29.0%
So, with you and the employer both paying tax, what used to be a 20.2% tax rate now rises to 29.0%, meaning your real tax rate is actually 8.8% higher than what it seemed at first.
Summary
If you make S$98,544 a year living in Singapore, you will be taxed S$19,883. That means that your net pay will be S$78,661 per year, or S$6,555 per month. Your average tax rate is 20.2% 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 73,559
25.4%
1
Canada
SGD 68,640
30.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 86,178
12.6%
1
Taiwan
SGD 82,687
16.1%
2
Kazakhstan
SGD 79,614
19.2%
3
Singapore
SGD 78,661
20.2%
4
Thailand
SGD 77,777
21.1%
5
South Korea
SGD 76,226
22.7%
6
Australia
SGD 72,894
26.0%
7
China
SGD 71,950
27.0%
8
New Zealand
SGD 71,881
27.1%
9
Indonesia
SGD 71,583
27.4%
10
Japan
SGD 71,441
27.5%
11
Pakistan
SGD 70,028
28.9%
12
Malaysia
SGD 68,808
30.2%
13
Philippines
SGD 68,235
30.8%
14
Vietnam
SGD 66,247
32.8%
15
India
SGD 56,300
42.9%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 88,257
10.4%
1
Chile
SGD 80,166
18.7%
2
Costa Rica
SGD 78,740
20.1%
3
Puerto Rico
SGD 75,875
23.0%
4
Panama
SGD 74,666
24.2%
5
Ecuador
SGD 73,554
25.4%
6
Brazil
SGD 72,194
26.7%
7
Colombia
SGD 71,918
27.0%
8
Uruguay
SGD 71,595
27.4%
9
Peru
SGD 70,889
28.1%
10
Mexico
SGD 69,061
29.9%
11
Argentina
SGD 64,044
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 71,922
27.0%
1
Kenya
SGD 69,657
29.3%
2
Nigeria
SGD 67,196
31.8%
3
Mozambique
SGD 67,007
32.0%
4
Ghana
SGD 66,519
32.5%
5
South Africa
SGD 66,295
32.7%
6
Ivory Coast
SGD 65,648
33.4%
7
Morocco
SGD 62,734
36.3%
8
Cameroon
SGD 61,644
37.4%
9
Zambia
SGD 60,994
38.1%
10
Senegal
SGD 60,654
38.5%
11
Uganda
SGD 58,970
40.2%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 93,617
5.0%
1
Qatar
SGD 93,617
5.0%
2
Bahrain
SGD 90,660
8.0%
3
Oman
SGD 90,660
8.0%
4
Saudi Arabia
SGD 88,690
10.0%
5
Kuwait
SGD 88,208
10.5%
6
Egypt
SGD 74,277
24.6%
7
Lebanon
SGD 74,161
24.7%
8
Israel
SGD 71,825
27.1%
9
Turkey
SGD 57,649
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.