Total tax paid
₱ 26,934
Did you know your employer also pays tax on your salary? It costs the employer ₱ 80.68 to pay you ₱ 75,000. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 3.59 goes to the government.
Real tax rate
35.9%
So, with you and the employer both paying tax, what used to be a 35.8% tax rate now rises to 35.9%, meaning your real tax rate is actually 0.1% higher than what it seemed at first.