Total tax paid
₱ 2,247
Did you know your employer also pays tax on your salary? It costs the employer ₱ 1,374 to pay you ₱ 15,340. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 1.46 goes to the government.
Real tax rate
13.4%
So, with you and the employer both paying tax, what used to be a 5.7% tax rate now rises to 13.4%, meaning your real tax rate is actually 7.7% higher than what it seemed at first.