Income tax calculator Philippines
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₱ 112,917
SSS
- ₱ 4,020
PhilHealth
- ₱ 1,674
Pagibig
- ₱ 1,200
Total tax
- ₱ 6,894
Net pay
*
₱ 106,023
Marginal tax rate
5.2%
Average tax rate
6.1%
93.9%
Net pay
6.1%
Total tax
Total tax
Net pay
The Taxberg
₱ 106,023
Net pay
₱ 10,467
Tax the employer pays
₱ 6,894
Tax you pay
Total tax paid
₱ 17,361
Did you know your employer also pays tax on your salary? It costs the employer ₱ 10,467 to pay you ₱ 112,917. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 1.54 goes to the government.
Real tax rate
14.1%
So, with you and the employer both paying tax, what used to be a 6.1% tax rate now rises to 14.1%, meaning your real tax rate is actually 8% higher than what it seemed at first.
Summary
If you make ₱ 112,917 a year living in Philippines, you will be taxed ₱ 6,894. That means that your net pay will be ₱ 106,023 per year, or ₱ 8,835 per month. Your average tax rate is 6.1% and your marginal tax rate is 5.2%. 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 ₱ 5.17, hence, your net pay will only increase by ₱ 94.83.
Bonus Example
A ₱ 1,000 bonus will generate an extra ₱ 948 of net incomes. A ₱ 5,000 bonus will generate an extra ₱ 4,742 of net incomes.
Europe
Country
Net pay
Average tax
Rank
United Kingdom
PHP 112917
0.0%
1
Germany
PHP 112917
0.0%
2
Austria
PHP 112917
0.0%
3
Ireland
PHP 112917
0.0%
4
Norway
PHP 112917
0.0%
5
Sweden
PHP 111468
1.3%
6
Spain
PHP 105747
6.4%
7
Switzerland
PHP 103645
8.2%
8
Italy
PHP 102540
9.2%
9
France
PHP 101964
9.7%
10
Czech Republic
PHP 100496
11.0%
11
Luxembourg
PHP 100440
11.1%
12
Russia
PHP 98238
13.0%
13
Hungary
PHP 92027
18.5%
14
Ukraine
PHP 90898
19.5%
15
Poland
PHP 88667
21.5%
16
Greece
PHP 88246
21.9%
17
Portugal
PHP 84067
25.6%
18
Finland
PHP 78195
30.8%
19
Belgium
PHP 76783
32.0%
20
Denmark
PHP 72423
35.9%
21
Netherlands
PHP 71075
37.1%
22
Romania
PHP 66057
41.5%
23
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North America
Country
Net pay
Average tax
Rank
USA
PHP 103137
8.7%
1
Canada
PHP 102568
9.2%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
PHP 112917
0.0%
1
Singapore
PHP 112917
0.0%
2
Hong Kong
PHP 112917
0.0%
3
Pakistan
PHP 112246
0.6%
4
Thailand
PHP 107271
5.0%
5
Philippines
PHP 106023
6.1%
6
Indonesia
PHP 103630
8.2%
7
Taiwan
PHP 102923
8.9%
8
South Korea
PHP 100848
10.7%
9
Malaysia
PHP 99522
11.9%
10
New Zealand
PHP 99491
11.9%
11
India
PHP 99367
12.0%
12
China
PHP 98029
13.2%
13
Vietnam
PHP 96008
15.0%
14
Japan
PHP 91755
18.7%
15
Kazakhstan
PHP 89430
20.8%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
PHP 110235
2.4%
1
Brazil
PHP 104448
7.5%
2
Puerto Rico
PHP 103940
8.0%
3
Colombia
PHP 103884
8.0%
4
Ecuador
PHP 102246
9.5%
5
Guatemala
PHP 102090
9.6%
6
Costa Rica
PHP 101061
10.5%
7
Panama
PHP 100496
11.0%
8
Peru
PHP 98802
12.5%
9
Argentina
PHP 93721
17.0%
10
Chile
PHP 93044
17.6%
11
Uruguay
PHP 92479
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
PHP 111788
1.0%
1
Zambia
PHP 105856
6.3%
2
Morocco
PHP 105306
6.7%
3
Ivory Coast
PHP 98794
12.5%
4
Kenya
PHP 98561
12.7%
5
Cameroon
PHP 95270
15.6%
6
Mozambique
PHP 93992
16.8%
7
Senegal
PHP 92179
18.4%
8
Ghana
PHP 91787
18.7%
9
Uganda
PHP 91413
19.0%
10
Angola
PHP 87837
22.2%
11
Nigeria
PHP 83752
25.8%
12
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Middle East
Country
Net pay
Average tax
Rank
Saudi Arabia
PHP 112917
0.0%
1
United Arab Emirates
PHP 107271
5.0%
2
Qatar
PHP 107271
5.0%
3
Bahrain
PHP 103884
8.0%
4
Oman
PHP 103884
8.0%
5
Kuwait
PHP 100497
11.0%
6
Israel
PHP 98068
13.2%
7
Lebanon
PHP 94388
16.4%
8
Egypt
PHP 89775
20.5%
9
Turkey
PHP 76396
32.3%
10
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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.