Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$438
Income Tax
- S$85.06
Central Provident Fund (CPF)
- S$6.29
Total tax
- S$91.36
Net pay
* S$347
Marginal tax rate
22.0%
Average tax rate
20.9%
79.1%
Net pay
20.9%
Total tax
Total tax
Net pay
The Taxberg
S$347
Net pay
S$5.35
Tax the employer pays
S$91.36
Tax you pay
Total tax paid
S$96.71
Did you know your employer also pays tax on your salary? It costs the employer S$5.35 to pay you S$438. In other words, every time you spend S$10 of your hard-earned money, S$2.21 goes to the government.
Real tax rate
21.8%
So, with you and the employer both paying tax, what used to be a 20.9% tax rate now rises to 21.8%, meaning your real tax rate is actually 0.9% higher than what it seemed at first.
Summary
If you make S$1,002,144 a year living in Singapore, you will be taxed S$209,022. That means that your net pay will be S$793,122 per year, or S$66,094 per month. Your average tax rate is 20.9% 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.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
SGD 581,029
42.0%
1
Canada
SGD 496,955
50.4%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 888,016
11.4%
1
Brazil
SGD 727,304
27.4%
2
Costa Rica
SGD 687,831
31.4%
3
Panama
SGD 677,819
32.4%
4
Mexico
SGD 657,838
34.4%
5
Puerto Rico
SGD 655,487
34.6%
6
Argentina
SGD 651,384
35.0%
7
Uruguay
SGD 645,133
35.6%
8
Colombia
SGD 642,794
35.9%
9
Chile
SGD 633,885
36.8%
10
Peru
SGD 624,344
37.7%
11
Ecuador
SGD 589,918
41.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 729,291
27.2%
1
Kenya
SGD 702,177
29.9%
2
Ivory Coast
SGD 682,196
31.9%
3
Nigeria
SGD 681,824
32.0%
4
Ghana
SGD 664,250
33.7%
5
Mozambique
SGD 654,347
34.7%
6
Zambia
SGD 616,708
38.5%
7
Cameroon
SGD 611,801
39.0%
8
Morocco
SGD 610,305
39.1%
9
Senegal
SGD 602,814
39.9%
10
South Africa
SGD 564,465
43.7%
11
Uganda
SGD 555,950
44.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 987,971
1.4%
1
Saudi Arabia
SGD 982,906
1.9%
2
Bahrain
SGD 980,193
2.2%
3
United Arab Emirates
SGD 952,037
5.0%
4
Qatar
SGD 952,037
5.0%
5
Oman
SGD 921,972
8.0%
6
Egypt
SGD 751,977
25.0%
7
Lebanon
SGD 751,861
25.0%
8
Turkey
SGD 583,915
41.7%
9
Israel
SGD 533,789
46.7%
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.