← All comparisons
🇦🇺 Australia vs 🇸🇬 Singapore
Singapore EP holders keep ~$25,500 more than Australia at $150k
2026 tax data · Last reviewed: April 1, 2026 · Source: methodology
TL;DR — Key Takeaways
- →At $150,000 salary: Singapore (EP) take-home ≈ $127,500 vs. Australia ≈ $102,000.
- →Australia's effective rate at AUD 200k: ~32% income tax + 2% Medicare Levy.
- →Singapore EP holders pay only progressive income tax (~15% effective at this level).
- →Singapore is territorial; Australia taxes worldwide income of residents.
- →Both countries are English-speaking; Singapore offers proximity to Asian markets.
Net Pay at $150,000 Salary (2026)
🇦🇺
Australia
$102,000
estimated net take-home
Top rate: 45%
🇸🇬
Singapore
$127,500
estimated net take-home
Top rate: 24%
Annual delta at $150,000
🇸🇬 Singapore saves $25,500/year
Over 10 years at 7% compounding: $376,890 more
Key Tax Differences
| Factor | 🇦🇺 Australia | 🇸🇬 Singapore |
|---|---|---|
| Top income tax rate | 45% | 24% |
| Effective rate at $100k | 28% | 10% |
| Taxation basis | Worldwide | Territorial |
| Special regimes | None | Not Ordinarily Resident (NOR) Scheme |
🇦🇺 Australia — Key Tax Facts
- →Income tax: 0% below AUD 18,200; 19%–45% progressive.
- →Medicare Levy: 2% of taxable income (standard; reductions apply for low earners).
- →Superannuation: employers must contribute 11.5% of earnings into the employee's super fund.
- →No income tax on first AUD 18,200 — significant for lower-income earners.
- →Worldwide taxation for tax residents; 2% Medicare Levy surcharge for those without private health insurance.
- →Capital gains discount: 50% reduction on gains if asset held >12 months.
🇸🇬 Singapore — Key Tax Facts
- →Income tax: 0%–24% progressive; no tax on first SGD 20,000.
- →Employment Pass (EP) holders pay NO CPF contributions — significant advantage for expats.
- →Citizens and PRs contribute 20% employee CPF + 17% employer CPF (capped at SGD 6,300/month ordinary wages).
- →Singapore taxes income sourced in Singapore; most foreign-source income is exempt.
- →No capital gains tax, no inheritance tax, no wealth tax.
- →Effective rate for EP holders at SGD 150k (≈ USD 112k): approximately 12%.
Calculate for your exact salary
Enter your income and compare Australia vs Singapore (and 50+ other countries) in real time.
More comparisons
Estimates assume a single filer with no dependents and no treaty benefits. Not tax advice. See methodology.