Total tax paid
E£ 34,863
Did you know your employer also pays tax on your salary? It costs the employer E£ 16,853 to pay you E£ 89,880. In other words, every time you spend E£ 10 of your hard-earned money, E£ 3.88 goes to the government.
Real tax rate
32.7%
So, with you and the employer both paying tax, what used to be a 20% tax rate now rises to 32.7%, meaning your real tax rate is actually 12.7% higher than what it seemed at first.