Total tax paid
6,016 元
Did you know your employer also pays tax on your salary? It costs the employer 2,664 元 to pay you 12,201 元. In other words, every time you spend 10 元 of your hard-earned money, 4.93 元 goes to the government.
Real tax rate
40.5%
So, with you and the employer both paying tax, what used to be a 27.5% tax rate now rises to 40.5%, meaning your real tax rate is actually 13% higher than what it seemed at first.