Total tax paid
E£ 157
Did you know your employer also pays tax on your salary? It costs the employer E£ 96.69 to pay you E£ 1,262. In other words, every time you spend E£ 10 of your hard-earned money, E£ 1.24 goes to the government.
Real tax rate
11.5%
So, with you and the employer both paying tax, what used to be a 4.8% tax rate now rises to 11.5%, meaning your real tax rate is actually 6.7% higher than what it seemed at first.