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