Total tax paid
₱ 3,914
Did you know your employer also pays tax on your salary? It costs the employer ₱ 8.40 to pay you ₱ 10,737. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 3.65 goes to the government.
Real tax rate
36.4%
So, with you and the employer both paying tax, what used to be a 36.4% tax rate now rises to 36.4%, meaning your real tax rate is actually 0% higher than what it seemed at first.