Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$859
Central Provident Fund (CPF)
- S$171
Total tax
- S$171
Net pay
* S$688
Marginal tax rate
20.4%
Average tax rate
19.9%
80.1%
Net pay
19.9%
Total tax
Total tax
Net pay
The Taxberg
S$688
Net pay
S$146
Tax the employer pays
S$171
Tax you pay
Total tax paid
S$318
Did you know your employer also pays tax on your salary? It costs the employer S$146 to pay you S$859. In other words, every time you spend S$10 of your hard-earned money, S$3.70 goes to the government.
Real tax rate
31.6%
So, with you and the employer both paying tax, what used to be a 19.9% tax rate now rises to 31.6%, meaning your real tax rate is actually 11.7% higher than what it seemed at first.
Summary
If you make S$10,308 a year living in Singapore, you will be taxed S$2,055. That means that your net pay will be S$8,253 per year, or S$688 per month. Your average tax rate is 19.9% and your marginal tax rate is 20.4%. 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$20.40, hence, your net pay will only increase by S$79.60.
Bonus Example
A S$1,000 bonus will generate an extra S$796 of net incomes. A S$5,000 bonus will generate an extra S$3,980 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
SGD 9,402
8.8%
1
Canada
SGD 7,988
22.5%
2
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
SGD 9,489
8.0%
1
Colombia
SGD 9,483
8.0%
2
Ecuador
SGD 9,334
9.5%
3
Guatemala
SGD 9,320
9.6%
4
Costa Rica
SGD 9,226
10.5%
5
Panama
SGD 9,174
11.0%
6
Peru
SGD 9,019
12.5%
7
Mexico
SGD 8,967
13.0%
8
Brazil
SGD 8,914
13.5%
9
Chile
SGD 8,494
17.6%
10
Uruguay
SGD 8,236
20.1%
11
Argentina
SGD 6,691
35.1%
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.