Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$8,693
Income Tax
- S$512
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$1,712
Net pay
* S$6,981
Marginal tax rate
11.5%
Average tax rate
19.7%
80.3%
Net pay
19.7%
Total tax
Total tax
Net pay
The Taxberg
S$6,981
Net pay
S$1,020
Tax the employer pays
S$1,712
Tax you pay
Total tax paid
S$2,732
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$8,693. In other words, every time you spend S$10 of your hard-earned money, S$3.14 goes to the government.
Real tax rate
28.1%
So, with you and the employer both paying tax, what used to be a 19.7% tax rate now rises to 28.1%, meaning your real tax rate is actually 8.4% higher than what it seemed at first.
Summary
If you make S$104,316 a year living in Singapore, you will be taxed S$20,546. That means that your net pay will be S$83,770 per year, or S$6,981 per month. Your average tax rate is 19.7% 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 77,252
25.9%
1
Canada
SGD 71,919
31.1%
2
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 76,121
27.0%
1
Kenya
SGD 73,698
29.4%
2
Nigeria
SGD 71,122
31.8%
3
Mozambique
SGD 70,759
32.2%
4
Ghana
SGD 70,337
32.6%
5
South Africa
SGD 69,701
33.2%
6
Ivory Coast
SGD 69,586
33.3%
7
Morocco
SGD 66,232
36.5%
8
Cameroon
SGD 65,159
37.5%
9
Zambia
SGD 64,544
38.1%
10
Senegal
SGD 64,117
38.5%
11
Uganda
SGD 62,145
40.4%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 99,100
5.0%
1
Qatar
SGD 99,100
5.0%
2
Bahrain
SGD 95,971
8.0%
3
Oman
SGD 95,971
8.0%
4
Saudi Arabia
SGD 93,884
10.0%
5
Kuwait
SGD 93,490
10.4%
6
Egypt
SGD 78,606
24.7%
7
Lebanon
SGD 78,490
24.8%
8
Israel
SGD 75,165
27.9%
9
Turkey
SGD 61,011
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.