Total tax paid
S$3,710
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$15,150. In other words, every time you spend S$10 of your hard-earned money, S$2.45 goes to the government.
Real tax rate
22.9%
So, with you and the employer both paying tax, what used to be a 17.8% tax rate now rises to 22.9%, meaning your real tax rate is actually 5.1% higher than what it seemed at first.