Total tax paid
S$1,516
Did you know your employer also pays tax on your salary? It costs the employer S$510 to pay you S$5,500. In other words, every time you spend S$10 of your hard-earned money, S$2.76 goes to the government.
Real tax rate
25.2%
So, with you and the employer both paying tax, what used to be a 18.3% tax rate now rises to 25.2%, meaning your real tax rate is actually 6.9% higher than what it seemed at first.