Summary
If you make S$21,239,400 a year living in Singapore, you will be taxed S$4,661,218. That means that your net pay will be S$16,578,182 per year, or S$1,381,515 per month. Your average tax rate is 22.0% and your marginal tax rate is 22.0%. 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$22, hence, your net pay will only increase by S$78.
Bonus Example
A S$1,000 bonus will generate an extra S$780 of net incomes. A S$5,000 bonus will generate an extra S$3,900 of net incomes.