Total tax paid
₱ 5,429
Did you know your employer also pays tax on your salary? It costs the employer ₱ 2,969 to pay you ₱ 17,000. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 3.19 goes to the government.
Real tax rate
27.2%
So, with you and the employer both paying tax, what used to be a 14.5% tax rate now rises to 27.2%, meaning your real tax rate is actually 12.7% higher than what it seemed at first.