Total tax paid
₱ 4,759
Did you know your employer also pays tax on your salary? It costs the employer ₱ 2,575 to pay you ₱ 9,376. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 5.08 goes to the government.
Real tax rate
39.8%
So, with you and the employer both paying tax, what used to be a 23.3% tax rate now rises to 39.8%, meaning your real tax rate is actually 16.5% higher than what it seemed at first.