Total tax paid
S$2,560
Did you know your employer also pays tax on your salary? It costs the employer S$510 to pay you S$11,266. In other words, every time you spend S$10 of your hard-earned money, S$2.27 goes to the government.
Real tax rate
21.7%
So, with you and the employer both paying tax, what used to be a 18.2% tax rate now rises to 21.7%, meaning your real tax rate is actually 3.5% higher than what it seemed at first.