Total tax paid
R 9.24
Did you know your employer also pays tax on your salary? It costs the employer R 6.16 to pay you R 308. In other words, every time you spend R 10 of your hard-earned money, R 0.30 goes to the government.
Real tax rate
2.9%
So, with you and the employer both paying tax, what used to be a 1% tax rate now rises to 2.9%, meaning your real tax rate is actually 1.9% higher than what it seemed at first.