Total tax paid
₱ 6,341
Did you know your employer also pays tax on your salary? It costs the employer ₱ 3,520 to pay you ₱ 20,658. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 3.07 goes to the government.
Real tax rate
26.2%
So, with you and the employer both paying tax, what used to be a 13.7% tax rate now rises to 26.2%, meaning your real tax rate is actually 12.5% higher than what it seemed at first.