Total tax paid
₱ 4,690
Did you know your employer also pays tax on your salary? It costs the employer ₱ 2,540 to pay you ₱ 5,912. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 7.93 goes to the government.
Real tax rate
55.5%
So, with you and the employer both paying tax, what used to be a 36.4% tax rate now rises to 55.5%, meaning your real tax rate is actually 19.1% higher than what it seemed at first.