Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$8,577
Income Tax
- S$499
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$1,699
Net pay
* S$6,878
Marginal tax rate
11.5%
Average tax rate
19.8%
80.2%
Net pay
19.8%
Total tax
Total tax
Net pay
The Taxberg
S$6,878
Net pay
S$1,020
Tax the employer pays
S$1,699
Tax you pay
Total tax paid
S$2,719
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$8,577. In other words, every time you spend S$10 of your hard-earned money, S$3.17 goes to the government.
Real tax rate
28.3%
So, with you and the employer both paying tax, what used to be a 19.8% tax rate now rises to 28.3%, meaning your real tax rate is actually 8.5% higher than what it seemed at first.
Summary
If you make S$102,924 a year living in Singapore, you will be taxed S$20,386. That means that your net pay will be S$82,538 per year, or S$6,878 per month. Your average tax rate is 19.8% 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 76,362
25.8%
1
Canada
SGD 71,128
30.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 89,814
12.7%
1
Taiwan
SGD 86,026
16.4%
2
Kazakhstan
SGD 83,547
18.8%
3
Singapore
SGD 82,538
19.8%
4
Thailand
SGD 80,843
21.5%
5
South Korea
SGD 79,201
23.1%
6
Australia
SGD 75,763
26.4%
7
China
SGD 75,016
27.1%
8
New Zealand
SGD 74,754
27.4%
9
Indonesia
SGD 74,544
27.6%
10
Japan
SGD 74,193
27.9%
11
Pakistan
SGD 72,875
29.2%
12
Malaysia
SGD 71,633
30.4%
13
Philippines
SGD 71,097
30.9%
14
Vietnam
SGD 69,094
32.9%
15
India
SGD 58,651
43.0%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 92,134
10.5%
1
Chile
SGD 83,214
19.2%
2
Costa Rica
SGD 81,876
20.5%
3
Puerto Rico
SGD 78,474
23.8%
4
Panama
SGD 77,589
24.6%
5
Ecuador
SGD 76,132
26.0%
6
Brazil
SGD 75,370
26.8%
7
Colombia
SGD 75,214
26.9%
8
Uruguay
SGD 74,713
27.4%
9
Peru
SGD 73,572
28.5%
10
Mexico
SGD 71,835
30.2%
11
Argentina
SGD 66,891
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 75,109
27.0%
1
Kenya
SGD 72,723
29.3%
2
Nigeria
SGD 70,175
31.8%
3
Mozambique
SGD 69,854
32.1%
4
Ghana
SGD 69,416
32.6%
5
South Africa
SGD 68,880
33.1%
6
Ivory Coast
SGD 68,636
33.3%
7
Morocco
SGD 65,388
36.5%
8
Cameroon
SGD 64,311
37.5%
9
Zambia
SGD 63,688
38.1%
10
Senegal
SGD 63,282
38.5%
11
Uganda
SGD 61,379
40.4%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 97,778
5.0%
1
Qatar
SGD 97,778
5.0%
2
Bahrain
SGD 94,690
8.0%
3
Oman
SGD 94,690
8.0%
4
Saudi Arabia
SGD 92,632
10.0%
5
Kuwait
SGD 92,216
10.4%
6
Egypt
SGD 77,562
24.6%
7
Lebanon
SGD 77,446
24.8%
8
Israel
SGD 74,369
27.7%
9
Turkey
SGD 60,200
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.