Total tax paid
E£ 21.19
Did you know your employer also pays tax on your salary? It costs the employer E£ 13.06 to pay you E£ 1,039. In other words, every time you spend E£ 10 of your hard-earned money, E£ 0.20 goes to the government.
Real tax rate
2.0%
So, with you and the employer both paying tax, what used to be a 0.8% tax rate now rises to 2.0%, meaning your real tax rate is actually 1.2% higher than what it seemed at first.