Total tax paid
S$2,641
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$7,898. In other words, every time you spend S$10 of your hard-earned money, S$3.34 goes to the government.
Real tax rate
29.6%
So, with you and the employer both paying tax, what used to be a 20.5% tax rate now rises to 29.6%, meaning your real tax rate is actually 9.1% higher than what it seemed at first.