Total tax paid
S$3,447
Did you know your employer also pays tax on your salary? It costs the employer S$1,020 to pay you S$13,694. In other words, every time you spend S$10 of your hard-earned money, S$2.52 goes to the government.
Real tax rate
23.4%
So, with you and the employer both paying tax, what used to be a 17.7% tax rate now rises to 23.4%, meaning your real tax rate is actually 5.7% higher than what it seemed at first.