Total tax paid
S$3,174
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$11,944. In other words, every time you spend S$10 of your hard-earned money, S$2.66 goes to the government.
Real tax rate
24.5%
So, with you and the employer both paying tax, what used to be a 18% tax rate now rises to 24.5%, meaning your real tax rate is actually 6.5% higher than what it seemed at first.