Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$1,692
Income Tax
- S$82.08
Central Provident Fund (CPF)
- S$277
Total tax
- S$359
Net pay
* S$1,333
Marginal tax rate
11.5%
Average tax rate
21.2%
78.8%
Net pay
21.2%
Total tax
Total tax
Net pay
The Taxberg
S$1,333
Net pay
S$235
Tax the employer pays
S$359
Tax you pay
Total tax paid
S$594
Did you know your employer also pays tax on your salary? It costs the employer S$235 to pay you S$1,692. In other words, every time you spend S$10 of your hard-earned money, S$3.51 goes to the government.
Real tax rate
30.8%
So, with you and the employer both paying tax, what used to be a 21.2% tax rate now rises to 30.8%, meaning your real tax rate is actually 9.6% higher than what it seemed at first.
Summary
If you make S$87,984 a year living in Singapore, you will be taxed S$18,668. That means that your net pay will be S$69,316 per year, or S$5,776 per month. Your average tax rate is 21.2% and your marginal tax rate is 11.5%. 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$11.50, hence, your net pay will only increase by S$88.50.
Bonus Example
A S$1,000 bonus will generate an extra S$885 of net incomes. A S$5,000 bonus will generate an extra S$4,425 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
SGD 66,802
24.1%
1
Canada
SGD 62,117
29.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 77,414
12.0%
1
Taiwan
SGD 74,276
15.6%
2
Kazakhstan
SGD 70,917
19.4%
3
Thailand
SGD 70,385
20.0%
4
Singapore
SGD 69,316
21.2%
5
South Korea
SGD 68,720
21.9%
6
Australia
SGD 65,977
25.0%
7
New Zealand
SGD 64,952
26.2%
8
Japan
SGD 64,593
26.6%
9
Indonesia
SGD 64,444
26.8%
10
Pakistan
SGD 63,164
28.2%
11
China
SGD 62,654
28.8%
12
Malaysia
SGD 61,999
29.5%
13
Philippines
SGD 61,336
30.3%
14
Vietnam
SGD 59,383
32.5%
15
India
SGD 50,632
42.5%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 78,910
10.3%
1
Chile
SGD 72,315
17.8%
2
Costa Rica
SGD 71,179
19.1%
3
Puerto Rico
SGD 69,608
20.9%
4
Panama
SGD 67,617
23.2%
5
Ecuador
SGD 67,181
23.6%
6
Brazil
SGD 64,538
26.7%
7
Peru
SGD 64,421
26.8%
8
Colombia
SGD 64,394
26.8%
9
Uruguay
SGD 64,079
27.2%
10
Mexico
SGD 62,385
29.1%
11
Argentina
SGD 57,180
35.0%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 83,585
5.0%
1
Qatar
SGD 83,585
5.0%
2
Bahrain
SGD 80,945
8.0%
3
Oman
SGD 80,945
8.0%
4
Saudi Arabia
SGD 79,186
10.0%
5
Kuwait
SGD 78,546
10.7%
6
Egypt
SGD 66,357
24.6%
7
Lebanon
SGD 66,241
24.7%
8
Israel
SGD 65,481
25.6%
9
Turkey
SGD 51,499
41.5%
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.