Total tax paid
₱ 2,447
Did you know your employer also pays tax on your salary? It costs the employer ₱ 1,482 to pay you ₱ 20,660. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 1.18 goes to the government.
Real tax rate
11.1%
So, with you and the employer both paying tax, what used to be a 4.7% tax rate now rises to 11.1%, meaning your real tax rate is actually 6.4% higher than what it seemed at first.