Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$451
Income Tax
- S$87.92
Central Provident Fund (CPF)
- S$6.29
Total tax
- S$94.22
Net pay
* S$357
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$357
Net pay
S$5.35
Tax the employer pays
S$94.22
Tax you pay
Total tax paid
S$99.57
Did you know your employer also pays tax on your salary? It costs the employer S$5.35 to pay you S$451. 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$1,031,888 a year living in Singapore, you will be taxed S$215,565. That means that your net pay will be S$816,323 per year, or S$68,027 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 596,883
42.2%
1
Canada
SGD 510,777
50.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
SGD 919,609
10.9%
1
Hong Kong
SGD 860,854
16.6%
2
Singapore
SGD 816,323
20.9%
3
Indonesia
SGD 702,523
31.9%
4
Thailand
SGD 689,155
33.2%
5
Pakistan
SGD 676,701
34.4%
6
Vietnam
SGD 672,920
34.8%
7
Taiwan
SGD 652,818
36.7%
8
Philippines
SGD 650,035
37.0%
9
New Zealand
SGD 643,686
37.6%
10
Malaysia
SGD 634,787
38.5%
11
China
SGD 605,509
41.3%
12
Japan
SGD 591,436
42.7%
13
South Korea
SGD 579,082
43.9%
14
Australia
SGD 572,587
44.5%
15
India
SGD 410,387
60.2%
16
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 750,930
27.2%
1
Kenya
SGD 722,998
29.9%
2
Ivory Coast
SGD 702,492
31.9%
3
Nigeria
SGD 702,056
32.0%
4
Ghana
SGD 683,926
33.7%
5
Mozambique
SGD 673,680
34.7%
6
Zambia
SGD 635,001
38.5%
7
Cameroon
SGD 629,911
39.0%
8
Morocco
SGD 628,329
39.1%
9
Senegal
SGD 620,660
39.9%
10
South Africa
SGD 580,825
43.7%
11
Uganda
SGD 572,309
44.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Kuwait
SGD 1,017,715
1.4%
1
Saudi Arabia
SGD 1,012,650
1.9%
2
Bahrain
SGD 1,009,639
2.2%
3
United Arab Emirates
SGD 980,294
5.0%
4
Qatar
SGD 980,294
5.0%
5
Oman
SGD 949,337
8.0%
6
Egypt
SGD 774,285
25.0%
7
Lebanon
SGD 774,169
25.0%
8
Turkey
SGD 601,238
41.7%
9
Israel
SGD 548,661
46.8%
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.