Total tax paid
R 9 682
Did you know your employer also pays tax on your salary? It costs the employer R 601 to pay you R 42 401. In other words, every time you spend R 10 of your hard-earned money, R 2.28 goes to the government.
Real tax rate
22.5%
So, with you and the employer both paying tax, what used to be a 21.4% tax rate now rises to 22.5%, meaning your real tax rate is actually 1.1% higher than what it seemed at first.