Total tax paid
₱ 4,723
Did you know your employer also pays tax on your salary? It costs the employer ₱ 2,557 to pay you ₱ 7,575. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 6.23 goes to the government.
Real tax rate
46.6%
So, with you and the employer both paying tax, what used to be a 28.6% tax rate now rises to 46.6%, meaning your real tax rate is actually 18% higher than what it seemed at first.