Total tax paid
R 11 925
Did you know your employer also pays tax on your salary? It costs the employer R 662 to pay you R 48 523. In other words, every time you spend R 10 of your hard-earned money, R 2.46 goes to the government.
Real tax rate
24.2%
So, with you and the employer both paying tax, what used to be a 23.2% tax rate now rises to 24.2%, meaning your real tax rate is actually 1% higher than what it seemed at first.