Total tax paid
₱ 1,166
Did you know your employer also pays tax on your salary? It costs the employer ₱ 689 to pay you ₱ 6,740. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 1.73 goes to the government.
Real tax rate
15.7%
So, with you and the employer both paying tax, what used to be a 7.1% tax rate now rises to 15.7%, meaning your real tax rate is actually 8.6% higher than what it seemed at first.