Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$2,669
Income Tax
- S$93.08
Central Provident Fund (CPF)
- S$534
Total tax
- S$627
Net pay
* S$2,042
Marginal tax rate
26.9%
Average tax rate
23.5%
76.5%
Net pay
23.5%
Total tax
Total tax
Net pay
The Taxberg
S$2,042
Net pay
S$454
Tax the employer pays
S$627
Tax you pay
Total tax paid
S$1,081
Did you know your employer also pays tax on your salary? It costs the employer S$454 to pay you S$2,669. In other words, every time you spend S$10 of your hard-earned money, S$4.05 goes to the government.
Real tax rate
34.6%
So, with you and the employer both paying tax, what used to be a 23.5% tax rate now rises to 34.6%, meaning your real tax rate is actually 11.1% higher than what it seemed at first.
Summary
If you make S$64,056 a year living in Singapore, you will be taxed S$15,042. That means that your net pay will be S$49,014 per year, or S$4,085 per month. Your average tax rate is 23.5% and your marginal tax rate is 26.9%. 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$26.92, hence, your net pay will only increase by S$73.08.
Bonus Example
A S$1,000 bonus will generate an extra S$731 of net incomes. A S$5,000 bonus will generate an extra S$3,654 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
SGD 50,572
21.1%
1
Canada
SGD 45,724
28.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 57,570
10.1%
1
Taiwan
SGD 55,499
13.4%
2
Thailand
SGD 52,974
17.3%
3
South Korea
SGD 51,642
19.4%
4
Kazakhstan
SGD 51,536
19.6%
5
Australia
SGD 50,305
21.5%
6
New Zealand
SGD 49,253
23.1%
7
Singapore
SGD 49,014
23.5%
8
Indonesia
SGD 48,230
24.7%
9
Pakistan
SGD 47,611
25.7%
10
Japan
SGD 47,441
25.9%
11
Malaysia
SGD 46,470
27.5%
12
Philippines
SGD 45,703
28.7%
13
Vietnam
SGD 43,830
31.6%
14
China
SGD 42,069
34.3%
15
India
SGD 39,476
38.4%
16
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 46,832
26.9%
1
South Africa
SGD 45,946
28.3%
2
Kenya
SGD 45,516
28.9%
3
Mozambique
SGD 44,590
30.4%
4
Nigeria
SGD 43,737
31.7%
5
Ghana
SGD 43,705
31.8%
6
Ivory Coast
SGD 42,515
33.6%
7
Morocco
SGD 41,835
34.7%
8
Cameroon
SGD 40,646
36.6%
9
Uganda
SGD 40,002
37.6%
10
Senegal
SGD 39,961
37.6%
11
Zambia
SGD 39,784
37.9%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 60,853
5.0%
1
Qatar
SGD 60,853
5.0%
2
Bahrain
SGD 58,932
8.0%
3
Oman
SGD 58,932
8.0%
4
Saudi Arabia
SGD 57,650
10.0%
5
Kuwait
SGD 57,010
11.0%
6
Israel
SGD 50,411
21.3%
7
Egypt
SGD 48,411
24.4%
8
Lebanon
SGD 48,295
24.6%
9
Turkey
SGD 37,563
41.4%
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.