Total tax paid
₱ 4,651
Did you know your employer also pays tax on your salary? It costs the employer ₱ 2,521 to pay you ₱ 3,981. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 11.68 goes to the government.
Real tax rate
71.5%
So, with you and the employer both paying tax, what used to be a 53.5% tax rate now rises to 71.5%, meaning your real tax rate is actually 18% higher than what it seemed at first.