Total tax paid
₱ 4,747
Did you know your employer also pays tax on your salary? It costs the employer ₱ 2,569 to pay you ₱ 8,800. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 5.39 goes to the government.
Real tax rate
41.8%
So, with you and the employer both paying tax, what used to be a 24.8% tax rate now rises to 41.8%, meaning your real tax rate is actually 17% higher than what it seemed at first.