Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$1,710
Income Tax
- S$84.15
Central Provident Fund (CPF)
- S$277
Total tax
- S$361
Net pay
* S$1,349
Marginal tax rate
11.5%
Average tax rate
21.1%
78.9%
Net pay
21.1%
Total tax
Total tax
Net pay
The Taxberg
S$1,349
Net pay
S$235
Tax the employer pays
S$361
Tax you pay
Total tax paid
S$596
Did you know your employer also pays tax on your salary? It costs the employer S$235 to pay you S$1,710. In other words, every time you spend S$10 of your hard-earned money, S$3.49 goes to the government.
Real tax rate
30.7%
So, with you and the employer both paying tax, what used to be a 21.1% tax rate now rises to 30.7%, meaning your real tax rate is actually 9.6% higher than what it seemed at first.
Summary
If you make S$88,920 a year living in Singapore, you will be taxed S$18,776. That means that your net pay will be S$70,144 per year, or S$5,845 per month. Your average tax rate is 21.1% 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
Europe
Country 
Net pay
Average tax
Rank
Russia
SGD 77,360
13.0%
1
Switzerland
SGD 72,727
18.2%
2
Hungary
SGD 72,470
18.5%
3
Ukraine
SGD 71,581
19.5%
4
Czech Republic
SGD 67,530
24.1%
5
United Kingdom
SGD 66,236
25.5%
6
France
SGD 64,930
27.0%
7
Norway
SGD 63,274
28.8%
8
Ireland
SGD 62,109
30.2%
9
Spain
SGD 61,760
30.5%
10
Denmark
SGD 59,405
33.2%
11
Austria
SGD 57,309
35.6%
12
Sweden
SGD 57,225
35.6%
13
Luxembourg
SGD 56,698
36.2%
14
Netherlands
SGD 55,958
37.1%
15
Poland
SGD 54,864
38.3%
16
Greece
SGD 54,283
39.0%
17
Germany
SGD 52,942
40.5%
18
Romania
SGD 52,018
41.5%
19
Finland
SGD 50,310
43.4%
20
Italy
SGD 49,710
44.1%
21
Portugal
SGD 47,621
46.5%
22
Belgium
SGD 40,570
54.4%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
SGD 67,401
24.2%
1
Canada
SGD 62,731
29.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
SGD 78,191
12.1%
1
Taiwan
SGD 75,013
15.6%
2
Kazakhstan
SGD 71,676
19.4%
3
Thailand
SGD 71,040
20.1%
4
Singapore
SGD 70,144
21.1%
5
South Korea
SGD 69,388
22.0%
6
Australia
SGD 66,590
25.1%
7
New Zealand
SGD 65,566
26.3%
8
Japan
SGD 65,219
26.7%
9
Indonesia
SGD 65,077
26.8%
10
Pakistan
SGD 63,772
28.3%
11
China
SGD 63,356
28.8%
12
Malaysia
SGD 62,602
29.6%
13
Philippines
SGD 61,948
30.3%
14
Vietnam
SGD 59,991
32.5%
15
India
SGD 51,134
42.5%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
SGD 79,739
10.3%
1
Chile
SGD 73,031
17.9%
2
Costa Rica
SGD 71,849
19.2%
3
Puerto Rico
SGD 70,163
21.1%
4
Panama
SGD 68,242
23.3%
5
Ecuador
SGD 67,757
23.8%
6
Brazil
SGD 65,217
26.7%
7
Colombia
SGD 65,009
26.9%
8
Peru
SGD 64,995
26.9%
9
Uruguay
SGD 64,746
27.2%
10
Mexico
SGD 62,976
29.2%
11
Argentina
SGD 57,789
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
SGD 64,921
27.0%
1
Kenya
SGD 62,921
29.2%
2
Mozambique
SGD 60,751
31.7%
3
Nigeria
SGD 60,649
31.8%
4
South Africa
SGD 60,617
31.8%
5
Ghana
SGD 60,152
32.4%
6
Ivory Coast
SGD 59,081
33.6%
7
Morocco
SGD 56,902
36.0%
8
Cameroon
SGD 55,785
37.3%
9
Zambia
SGD 55,076
38.1%
10
Senegal
SGD 54,879
38.3%
11
Uganda
SGD 53,677
39.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
SGD 84,474
5.0%
1
Qatar
SGD 84,474
5.0%
2
Bahrain
SGD 81,806
8.0%
3
Oman
SGD 81,806
8.0%
4
Saudi Arabia
SGD 80,028
10.0%
5
Kuwait
SGD 79,402
10.7%
6
Egypt
SGD 67,059
24.6%
7
Lebanon
SGD 66,943
24.7%
8
Israel
SGD 66,049
25.7%
9
Turkey
SGD 52,044
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.