Total tax paid
₱ 9,463
Did you know your employer also pays tax on your salary? It costs the employer ₱ 5,425 to pay you ₱ 43,983. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 2.15 goes to the government.
Real tax rate
19.2%
So, with you and the employer both paying tax, what used to be a 9.2% tax rate now rises to 19.2%, meaning your real tax rate is actually 10% higher than what it seemed at first.