Total tax paid
E£ 38.23
Did you know your employer also pays tax on your salary? It costs the employer E£ 23.56 to pay you E£ 1,067. In other words, every time you spend E£ 10 of your hard-earned money, E£ 0.36 goes to the government.
Real tax rate
3.5%
So, with you and the employer both paying tax, what used to be a 1.4% tax rate now rises to 3.5%, meaning your real tax rate is actually 2.1% higher than what it seemed at first.