Total tax paid
S$1,049
Did you know your employer also pays tax on your salary? It costs the employer S$442 to pay you S$2,598. In other words, every time you spend S$10 of your hard-earned money, S$4.04 goes to the government.
Real tax rate
34.5%
So, with you and the employer both paying tax, what used to be a 23.4% tax rate now rises to 34.5%, meaning your real tax rate is actually 11.1% higher than what it seemed at first.