Total tax paid
R 9 021
Did you know your employer also pays tax on your salary? It costs the employer R 582 to pay you R 40 500. In other words, every time you spend R 10 of your hard-earned money, R 2.23 goes to the government.
Real tax rate
22.0%
So, with you and the employer both paying tax, what used to be a 20.8% tax rate now rises to 22.0%, meaning your real tax rate is actually 1.2% higher than what it seemed at first.