Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$8,854
Income Tax
- S$531
Central Provident Fund (CPF)
- S$1,200
Total tax
- S$1,731
Net pay
* S$7,123
Marginal tax rate
11.5%
Average tax rate
19.5%
80.5%
Net pay
19.5%
Total tax
Total tax
Net pay
The Taxberg
S$7,123
Net pay
S$1,020
Tax the employer pays
S$1,731
Tax you pay
Total tax paid
S$2,751
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$8,854. In other words, every time you spend S$10 of your hard-earned money, S$3.11 goes to the government.
Real tax rate
27.9%
So, with you and the employer both paying tax, what used to be a 19.5% tax rate now rises to 27.9%, meaning your real tax rate is actually 8.4% higher than what it seemed at first.
Summary
If you make S$106,248 a year living in Singapore, you will be taxed S$20,769. That means that your net pay will be S$85,479 per year, or S$7,123 per month. Your average tax rate is 19.6% 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
Europe
Country 
Net pay
Average tax
Rank
Russia
SGD 92,436
13.0%
1
Hungary
SGD 86,592
18.5%
2
Ukraine
SGD 85,530
19.5%
3
Switzerland
SGD 85,031
20.0%
4
Czech Republic
SGD 80,409
24.3%
5
United Kingdom
SGD 76,101
28.4%
6
France
SGD 75,898
28.6%
7
Norway
SGD 73,081
31.2%
8
Spain
SGD 71,514
32.7%
9
Ireland
SGD 70,800
33.4%
10
Denmark
SGD 70,573
33.6%
11
Austria
SGD 66,291
37.6%
12
Netherlands
SGD 65,922
38.0%
13
Sweden
SGD 65,891
38.0%
14
Poland
SGD 64,837
39.0%
15
Luxembourg
SGD 64,638
39.2%
16
Greece
SGD 62,616
41.1%
17
Romania
SGD 62,155
41.5%
18
Germany
SGD 61,353
42.3%
19
Finland
SGD 58,422
45.0%
20
Italy
SGD 57,920
45.5%
21
Portugal
SGD 55,245
48.0%
22
Belgium
SGD 46,981
55.8%
23
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North America
Country 
Net pay
Average tax
Rank
USA
SGD 78,489
26.1%
1
Canada
SGD 73,015
31.3%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 92,573
12.9%
1
Taiwan
SGD 88,489
16.7%
2
Kazakhstan
SGD 86,533
18.6%
3
Singapore
SGD 85,479
19.6%
4
Thailand
SGD 83,169
21.7%
5
South Korea
SGD 81,439
23.4%
6
Australia
SGD 77,888
26.7%
7
China
SGD 77,343
27.2%
8
New Zealand
SGD 76,935
27.6%
9
Indonesia
SGD 76,791
27.7%
10
Japan
SGD 76,282
28.2%
11
Pakistan
SGD 75,035
29.4%
12
Malaysia
SGD 73,777
30.6%
13
Philippines
SGD 73,269
31.0%
14
Vietnam
SGD 71,254
32.9%
15
India
SGD 60,436
43.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 95,076
10.5%
1
Chile
SGD 85,528
19.5%
2
Costa Rica
SGD 84,256
20.7%
3
Puerto Rico
SGD 80,447
24.3%
4
Panama
SGD 79,808
24.9%
5
Ecuador
SGD 78,088
26.5%
6
Brazil
SGD 77,780
26.8%
7
Colombia
SGD 77,714
26.9%
8
Uruguay
SGD 77,079
27.5%
9
Peru
SGD 75,608
28.8%
10
Mexico
SGD 74,022
30.3%
11
Argentina
SGD 69,052
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 77,527
27.0%
1
Kenya
SGD 75,050
29.4%
2
Nigeria
SGD 72,436
31.8%
3
Mozambique
SGD 72,014
32.2%
4
Ghana
SGD 71,615
32.6%
5
Ivory Coast
SGD 70,904
33.3%
6
South Africa
SGD 70,841
33.3%
7
Morocco
SGD 67,402
36.6%
8
Cameroon
SGD 66,335
37.6%
9
Zambia
SGD 65,732
38.1%
10
Senegal
SGD 65,276
38.6%
11
Uganda
SGD 63,207
40.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 100,936
5.0%
1
Qatar
SGD 100,936
5.0%
2
Bahrain
SGD 97,748
8.0%
3
Oman
SGD 97,748
8.0%
4
Saudi Arabia
SGD 95,623
10.0%
5
Kuwait
SGD 95,257
10.3%
6
Egypt
SGD 80,055
24.7%
7
Lebanon
SGD 79,939
24.8%
8
Israel
SGD 76,270
28.2%
9
Turkey
SGD 62,136
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.