Suppose the tax burden is 22% taken in a year's worth of salary. In this case, the amount of salary that is left you would be:
Annual Net Salary = 45,000 * (1 - 0.22) = $35, 100
Now, we divide this salary into per week. In 1 year, there are 12 months. In 1 month, there are approximately 4 weeks. The conversion is as follows:
Weekly Net Salary = (35100/year)(1 year/12 months)(1 month/4 weeks)
Weekly Net Salary = $731.25
