🇸🇬 Singapore vs United Kingdom 🇬🇧
Compare income tax, social contributions, VAT and take-home pay between Singapore and United Kingdom.
| Metric | 🇸🇬 Singapore | 🇬🇧 United Kingdom |
|---|---|---|
| Top income tax rate | 24% | 45% |
| Social contributions | 20% | 8% |
| Standard VAT | 9% | 20% |
| Take-home pay (typical salary) | 76.7% | 82.5% |
| Public holidays | 5 | 5 |
| Average monthly salary | SGD 5,775 | £3,253 |
| Minimum wage (monthly) | — | £2,115 |
| Standard work week | 44 h/week | 40 h/week |
In a typical comparison, Singapore has a top income tax rate of 24% and keeps about 76.7% of salary as take-home pay, while United Kingdom has 45% and keeps 82.5%. The average monthly salary is about SGD 5,775 in Singapore and £3,253 in United Kingdom.
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