Total tax paid
21,170 MAD
Did you know your employer also pays tax on your salary? It costs the employer 13,216 MAD to pay you 62,666 MAD. In other words, every time you spend 10 MAD of your hard-earned money, 3.38 MAD goes to the government.
Real tax rate
27.9%
So, with you and the employer both paying tax, what used to be a 12.7% tax rate now rises to 27.9%, meaning your real tax rate is actually 15.2% higher than what it seemed at first.