Total tax paid
E£ 301
Did you know your employer also pays tax on your salary? It costs the employer E£ 186 to pay you E£ 1,499. In other words, every time you spend E£ 10 of your hard-earned money, E£ 2.01 goes to the government.
Real tax rate
17.9%
So, with you and the employer both paying tax, what used to be a 7.7% tax rate now rises to 17.9%, meaning your real tax rate is actually 10.2% higher than what it seemed at first.