Total tax paid
E£ 60.74
Did you know your employer also pays tax on your salary? It costs the employer E£ 37.44 to pay you E£ 1,104. In other words, every time you spend E£ 10 of your hard-earned money, E£ 0.55 goes to the government.
Real tax rate
5.3%
So, with you and the employer both paying tax, what used to be a 2.1% tax rate now rises to 5.3%, meaning your real tax rate is actually 3.2% higher than what it seemed at first.