Total tax paid
S$1,626
Did you know your employer also pays tax on your salary? It costs the employer S$701 to pay you S$4,121. In other words, every time you spend S$10 of your hard-earned money, S$3.95 goes to the government.
Real tax rate
33.7%
So, with you and the employer both paying tax, what used to be a 22.4% tax rate now rises to 33.7%, meaning your real tax rate is actually 11.3% higher than what it seemed at first.