Total tax paid
E£ 18.76
Did you know your employer also pays tax on your salary? It costs the employer E£ 11.56 to pay you E£ 1,035. In other words, every time you spend E£ 10 of your hard-earned money, E£ 0.18 goes to the government.
Real tax rate
1.8%
So, with you and the employer both paying tax, what used to be a 0.7% tax rate now rises to 1.8%, meaning your real tax rate is actually 1.1% higher than what it seemed at first.