Total tax paid
325,532 FCFA
Did you know your employer also pays tax on your salary? It costs the employer 114,092 FCFA to pay you 704,990 FCFA. In other words, every time you spend 10 FCFA of your hard-earned money, 4.62 FCFA goes to the government.
Real tax rate
39.7%
So, with you and the employer both paying tax, what used to be a 30% tax rate now rises to 39.7%, meaning your real tax rate is actually 9.7% higher than what it seemed at first.