Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$2,937
Income Tax
- S$31.96
Central Provident Fund (CPF)
- S$587
Total tax
- S$619
Net pay
* S$2,318
Marginal tax rate
23.4%
Average tax rate
21.1%
78.9%
Net pay
21.1%
Total tax
Total tax
Net pay
The Taxberg
S$2,318
Net pay
S$499
Tax the employer pays
S$619
Tax you pay
Total tax paid
S$1,118
Did you know your employer also pays tax on your salary? It costs the employer S$499 to pay you S$2,937. In other words, every time you spend S$10 of your hard-earned money, S$3.81 goes to the government.
Real tax rate
32.5%
So, with you and the employer both paying tax, what used to be a 21.1% tax rate now rises to 32.5%, meaning your real tax rate is actually 11.4% higher than what it seemed at first.
Summary
If you make S$35,244 a year living in Singapore, you will be taxed S$7,428. That means that your net pay will be S$27,816 per year, or S$2,318 per month. Your average tax rate is 21.1% and your marginal tax rate is 23.4%. 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$23.42, hence, your net pay will only increase by S$76.58.
Bonus Example
A S$1,000 bonus will generate an extra S$766 of net incomes. A S$5,000 bonus will generate an extra S$3,829 of net incomes.
Europe
Country 
Net pay
Average tax
Rank
Switzerland
SGD 31,678
10.1%
1
Ireland
SGD 31,067
11.9%
2
United Kingdom
SGD 30,701
12.9%
3
Russia
SGD 30,662
13.0%
4
France
SGD 29,936
15.1%
5
Norway
SGD 28,879
18.1%
6
Hungary
SGD 28,724
18.5%
7
Luxembourg
SGD 28,600
18.9%
8
Ukraine
SGD 28,371
19.5%
9
Austria
SGD 28,356
19.5%
10
Spain
SGD 28,053
20.4%
11
Czech Republic
SGD 27,809
21.1%
12
Italy
SGD 25,486
27.7%
13
Sweden
SGD 25,341
28.1%
14
Greece
SGD 25,337
28.1%
15
Germany
SGD 25,235
28.4%
16
Poland
SGD 24,169
31.4%
17
Denmark
SGD 23,631
33.0%
18
Finland
SGD 23,271
34.0%
19
Portugal
SGD 22,608
35.9%
20
Netherlands
SGD 22,178
37.1%
21
Belgium
SGD 20,876
40.8%
22
Romania
SGD 20,618
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
SGD 29,254
17.0%
1
Canada
SGD 26,126
25.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 33,173
5.9%
1
Taiwan
SGD 31,562
10.5%
2
Thailand
SGD 31,187
11.5%
3
Australia
SGD 30,871
12.4%
4
South Korea
SGD 29,510
16.3%
5
New Zealand
SGD 29,366
16.7%
6
Pakistan
SGD 28,321
19.6%
7
Indonesia
SGD 28,258
19.8%
8
Kazakhstan
SGD 28,198
20.0%
9
Singapore
SGD 27,816
21.1%
10
Japan
SGD 27,790
21.2%
11
Malaysia
SGD 27,738
21.3%
12
Philippines
SGD 26,682
24.3%
13
Vietnam
SGD 25,713
27.0%
14
China
SGD 24,396
30.8%
15
India
SGD 23,111
34.4%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 31,865
9.6%
1
Puerto Rico
SGD 31,178
11.5%
2
Costa Rica
SGD 31,091
11.8%
3
Ecuador
SGD 30,199
14.3%
4
Colombia
SGD 29,150
17.3%
5
Panama
SGD 28,867
18.1%
6
Chile
SGD 28,381
19.5%
7
Mexico
SGD 27,443
22.1%
8
Peru
SGD 27,011
23.4%
9
Brazil
SGD 26,302
25.4%
10
Uruguay
SGD 25,523
27.6%
11
Argentina
SGD 22,899
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 27,999
20.6%
1
Angola
SGD 25,871
26.6%
2
Mozambique
SGD 25,844
26.7%
3
Kenya
SGD 25,347
28.1%
4
Ghana
SGD 24,646
30.1%
5
Ivory Coast
SGD 24,611
30.2%
6
Morocco
SGD 24,375
30.8%
7
Nigeria
SGD 24,139
31.5%
8
Uganda
SGD 23,301
33.9%
9
Cameroon
SGD 23,104
34.5%
10
Senegal
SGD 22,674
35.7%
11
Zambia
SGD 22,065
37.4%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 33,482
5.0%
1
Qatar
SGD 33,482
5.0%
2
Bahrain
SGD 32,424
8.0%
3
Oman
SGD 32,424
8.0%
4
Saudi Arabia
SGD 31,720
10.0%
5
Kuwait
SGD 31,367
11.0%
6
Israel
SGD 29,759
15.6%
7
Egypt
SGD 26,802
24.0%
8
Lebanon
SGD 26,686
24.3%
9
Turkey
SGD 20,778
41.1%
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.