Total tax paid
₱ 4,758
Did you know your employer also pays tax on your salary? It costs the employer ₱ 2,574 to pay you ₱ 9,317. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 5.11 goes to the government.
Real tax rate
40.0%
So, with you and the employer both paying tax, what used to be a 23.4% tax rate now rises to 40.0%, meaning your real tax rate is actually 16.6% higher than what it seemed at first.