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Old 01-05-2007, 04:52 PM
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Default Income Percentile

[Update 30 Oct, 2007: the YA2007 version of the calculator.]

Wouldn't it be nice if you can "benchmark" your annual income against the general population in Singapore?

Enter your annual income to calculate your "Income Percentile":

The above calculator is based on the graph below, which shows Annual Income plotted against "Percentiles". It is based on data released by IRAS (see Income of Taxpayers Rising). For example, if you're making $100,000 per year (all in), you're at around the 83rd percentile.

Note that the data take into account only tax paying residents. Non-residents and those who don't pay tax (probably due to having income lower than $20,000 per annum) are not included in the data. So when you're "benchmarking" using the above calculator, you are actually comparing yourself with residents who are paying taxes.

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