Total tax paid
S$7,738
Did you know your employer also pays tax on your salary? It costs the employer S$3,554 to pay you S$20,856. In other words, every time you spend S$10 of your hard-earned money, S$3.71 goes to the government.
Real tax rate
31.7%
So, with you and the employer both paying tax, what used to be a 20.1% tax rate now rises to 31.7%, meaning your real tax rate is actually 11.6% higher than what it seemed at first.