Total tax paid
₱ 27,602
Did you know your employer also pays tax on your salary? It costs the employer ₱ 16,841 to pay you ₱ 198,000. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 1.39 goes to the government.
Real tax rate
12.8%
So, with you and the employer both paying tax, what used to be a 5.4% tax rate now rises to 12.8%, meaning your real tax rate is actually 7.4% higher than what it seemed at first.