Total tax paid
₱ 4,843
Did you know your employer also pays tax on your salary? It costs the employer ₱ 2,617 to pay you ₱ 13,584. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 3.57 goes to the government.
Real tax rate
29.9%
So, with you and the employer both paying tax, what used to be a 16.4% tax rate now rises to 29.9%, meaning your real tax rate is actually 13.5% higher than what it seemed at first.