Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₱ 380,000
SSS
- ₱ 6,976
PhilHealth
- ₱ 5,225
Pagibig
- ₱ 1,200
Tax Due
- ₱ 23,320
Total tax
- ₱ 36,720
Net pay
* ₱ 343,280
Marginal tax rate
21.1%
Average tax rate
9.7%
90.3%
Net pay
9.7%
Total tax
Total tax
Net pay
The Taxberg
₱ 343,280
Net pay
₱ 19,601
Tax the employer pays
₱ 36,720
Tax you pay
Total tax paid
₱ 56,322
Did you know your employer also pays tax on your salary? It costs the employer ₱ 19,601 to pay you ₱ 380,000. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 1.48 goes to the government.
Real tax rate
14.1%
So, with you and the employer both paying tax, what used to be a 9.7% tax rate now rises to 14.1%, meaning your real tax rate is actually 4.4% higher than what it seemed at first.
Summary
If you make ₱ 380,000 a year living in Philippines, you will be taxed ₱ 36,720. That means that your net pay will be ₱ 343,280 per year, or ₱ 28,607 per month. Your average tax rate is 9.7% and your marginal tax rate is 21.1%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of ₱ 100 in your salary will be taxed ₱ 21.10, hence, your net pay will only increase by ₱ 78.90.
Bonus Example
A ₱ 1,000 bonus will generate an extra ₱ 789 of net incomes. A ₱ 5,000 bonus will generate an extra ₱ 3,945 of net incomes.
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
PHP 380000
0.0%
1
Ireland
PHP 380000
0.0%
2
Austria
PHP 373382
1.7%
3
Norway
PHP 370699
2.5%
4
Spain
PHP 355870
6.4%
5
Switzerland
PHP 352566
7.2%
6
Italy
PHP 345078
9.2%
7
France
PHP 343140
9.7%
8
Czech Republic
PHP 338200
11.0%
9
Luxembourg
PHP 338005
11.1%
10
Russia
PHP 330600
13.0%
11
Hungary
PHP 309700
18.5%
12
Ukraine
PHP 305900
19.5%
13
Germany
PHP 305235
19.7%
14
Sweden
PHP 303594
20.1%
15
Poland
PHP 298391
21.5%
16
Greece
PHP 296973
21.9%
17
Portugal
PHP 282699
25.6%
18
Finland
PHP 263150
30.8%
19
Belgium
PHP 258400
32.0%
20
Denmark
PHP 252113
33.7%
21
Netherlands
PHP 239145
37.1%
22
Romania
PHP 222300
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
PHP 347196
8.6%
1
Canada
PHP 299857
21.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
PHP 380000
0.0%
1
Hong Kong
PHP 380000
0.0%
2
Pakistan
PHP 360308
5.2%
3
Thailand
PHP 359231
5.5%
4
Taiwan
PHP 346366
8.9%
5
Philippines
PHP 343280
9.7%
6
South Korea
PHP 335981
11.6%
7
Malaysia
PHP 335307
11.8%
8
Indonesia
PHP 335190
11.8%
9
New Zealand
PHP 334818
11.9%
10
India
PHP 318564
16.2%
11
Vietnam
PHP 309895
18.5%
12
Singapore
PHP 309665
18.5%
13
Japan
PHP 308783
18.7%
14
Kazakhstan
PHP 300960
20.8%
15
China
PHP 283190
25.5%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
PHP 349790
8.0%
1
Colombia
PHP 349600
8.0%
2
Ecuador
PHP 344090
9.5%
3
Guatemala
PHP 343564
9.6%
4
Costa Rica
PHP 340100
10.5%
5
Panama
PHP 338200
11.0%
6
Brazil
PHP 336401
11.5%
7
Mexico
PHP 336181
11.5%
8
Peru
PHP 332500
12.5%
9
Chile
PHP 313120
17.6%
10
Uruguay
PHP 303620
20.1%
11
Argentina
PHP 246593
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
PHP 361095
5.0%
1
Morocco
PHP 329823
13.2%
2
Cameroon
PHP 303038
20.3%
3
Ivory Coast
PHP 302662
20.4%
4
Mozambique
PHP 301739
20.6%
5
Kenya
PHP 296999
21.8%
6
Angola
PHP 285214
24.9%
7
Ghana
PHP 284695
25.1%
8
Nigeria
PHP 265744
30.1%
9
Uganda
PHP 264193
30.5%
10
Senegal
PHP 263667
30.6%
11
Zambia
PHP 263357
30.7%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
PHP 361000
5.0%
1
Qatar
PHP 361000
5.0%
2
Bahrain
PHP 349599
8.0%
3
Oman
PHP 349601
8.0%
4
Saudi Arabia
PHP 342000
10.0%
5
Kuwait
PHP 338200
11.0%
6
Israel
PHP 330030
13.2%
7
Egypt
PHP 298381
21.5%
8
Lebanon
PHP 296066
22.1%
9
Turkey
PHP 232396
38.8%
10
Show more
NOTE* Withholding is calculated based on the tables of Philippines, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.