Total tax paid
S$1,023
Did you know your employer also pays tax on your salary? It costs the employer S$459 to pay you S$2,702. In other words, every time you spend S$10 of your hard-earned money, S$3.79 goes to the government.
Real tax rate
32.4%
So, with you and the employer both paying tax, what used to be a 20.9% tax rate now rises to 32.4%, meaning your real tax rate is actually 11.5% higher than what it seemed at first.