Total tax paid
R 1 360
Did you know your employer also pays tax on your salary? It costs the employer R 260 to pay you R 12 992. In other words, every time you spend R 10 of your hard-earned money, R 1.05 goes to the government.
Real tax rate
10.3%
So, with you and the employer both paying tax, what used to be a 8.5% tax rate now rises to 10.3%, meaning your real tax rate is actually 1.8% higher than what it seemed at first.