Total tax paid
£28.35
Did you know your employer also pays tax on your salary? It costs the employer £13.85 to pay you £92. In other words, every time you spend £10 of your hard-earned money, £3.08 goes to the government.
Real tax rate
26.8%
So, with you and the employer both paying tax, what used to be a 15.8% tax rate now rises to 26.8%, meaning your real tax rate is actually 11% higher than what it seemed at first.