Summary

If you make S$85,200 a year living in Singapore, you will be taxed S$18,148. That means that your net pay will be S$67,052 per year, or S$5,588 per month. Your average tax rate is 21.30% and your marginal tax rate is 11.50%. 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 revenues. A S$5,000 bonus will generate an extra S$4,425 of net revenues.