Sovereign

2025 Salary & Tax Guide

Singapore Salary Guide

Comprehensive salary benchmarks, tax analysis, and net income calculations for professionals in Singapore. Explore by city, profession, or income level.

Singapore Tax System

Singapore offers one of the most competitive tax regimes globally, with low progressive rates and no capital gains tax. Citizens and PRs contribute to the Central Provident Fund (CPF).

The Singapore tax system operates on a progressive basis, meaning higher income levels are taxed at higher rates. Understanding your marginal versus effective tax rate is crucial for financial planning and salary negotiations.

Key Tax Facts

Currency
SGD
Tax Brackets
13 rates
Top Rate
0.24%
Social Security
0.2%

Singapore Net Income Calculator

See how much you'll take home at different salary levels after Singapore taxes and social contributions.

Gross SalaryNet IncomeTotal TaxEffective Rate
$50,000$38,750$1,25022.5%
$75,000$57,000$3,00024.0%
$100,000$78,030$5,65022.0%
$150,000$121,230$12,45019.2%
$200,000$162,530$21,15018.7%

* Calculations assume single filing status with no additional deductions. Use our full calculator for personalized results.

Major Cities in Singapore

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Frequently Asked Questions

What is the average salary in Singapore?
Salaries in Singapore vary significantly by profession, location, and experience level. Tech professionals typically earn $120,000 to $200,000 annually, while finance roles range from $80,000 to $250,000. Entry-level positions generally start around $45,000.
How much tax will I pay in Singapore?
Singapore offers one of the most competitive tax regimes globally, with low progressive rates and no capital gains tax. Citizens and PRs contribute to the Central Provident Fund (CPF). Use our interactive calculator to see your exact tax liability based on your income level and filing status.
What are the highest paying cities in Singapore?
The highest paying cities in Singapore include Singapore. These tier-1 cities offer premium salaries but also have higher costs of living. Consider net income after taxes and living expenses when comparing locations.
How does Singapore taxation compare to other countries?
Singapore's tax system features 13 tax brackets with rates ranging from 0% to 0.24%. Social security contributions add 0.2% to your total tax burden. Compare with other countries using our global salary comparison tool.
Is Singapore a good place for high earners?
For a $150,000 salary, you would take home approximately $121,230 (19.2% effective tax rate). Compare this with other jurisdictions to understand your optimal tax position.