We have yet again released the latest version of our most popular income benchmarking tool. It uses the latest available data from Iras.
Simply enter your Iras assessable income below and see how you stack up against all resident taxpayers in Singapore:
Interestingly, a $100k income will put you at the 79.3 percentile, compared to 79.0 in the previous version of this tool (which uses older Iras data). You are actually better off!
Notably, the previous median income was $53,400, whereas it is $52,300 now.
Note that residents earning $20k and below do not pay tax. Hence they are not included in the above comparison.
Reference: Iras Data