Total tax paid
R 8 986
Did you know your employer also pays tax on your salary? It costs the employer R 581 to pay you R 40 400. In other words, every time you spend R 10 of your hard-earned money, R 2.22 goes to the government.
Real tax rate
21.9%
So, with you and the employer both paying tax, what used to be a 20.8% tax rate now rises to 21.9%, meaning your real tax rate is actually 1.1% higher than what it seemed at first.