Income tax calculator Philippines
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₱ 132
SSS
- ₱ 16.13
PhilHealth
- ₱ 60.50
Pagibig
- ₱ 1.32
Total tax
- ₱ 77.95
Net pay
*
₱ 54.05
Marginal tax rate
59.1%
Average tax rate
59.1%
40.9%
Net pay
59.1%
Total tax
Total tax
Net pay
The Taxberg
₱ 54.05
Net pay
₱ 92.30
Tax the employer pays
₱ 77.95
Tax you pay
Total tax paid
₱ 170
Did you know your employer also pays tax on your salary? It costs the employer ₱ 92.30 to pay you ₱ 132. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 12.90 goes to the government.
Real tax rate
75.9%
So, with you and the employer both paying tax, what used to be a 59.1% tax rate now rises to 75.9%, meaning your real tax rate is actually 16.8% higher than what it seemed at first.
Summary
If you make ₱ 132 a year living in Philippines, you will be taxed ₱ 77.95. That means that your net pay will be ₱ 54.05 per year, or ₱ 4.50 per month. Your average tax rate is 59.1% and your marginal tax rate is 59.1%. 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 ₱ 59.06, hence, your net pay will only increase by ₱ 40.94.
Bonus Example
A ₱ 1,000 bonus will generate an extra ₱ 409 of net incomes. A ₱ 5,000 bonus will generate an extra ₱ 2,047 of net incomes.
Compare average tax
North America
Country
Net pay
Average tax
Rank
Canada
PHP 130
1.6%
1
USA
PHP 120
8.9%
2
Latin America
Country
Net pay
Average tax
Rank
Mexico
PHP 129
2.4%
1
Brazil
PHP 122
7.5%
2
Puerto Rico
PHP 122
7.6%
3
Colombia
PHP 121
8.0%
4
Ecuador
PHP 120
9.3%
5
Guatemala
PHP 119
9.6%
6
Costa Rica
PHP 118
10.5%
7
Panama
PHP 118
11.1%
8
Peru
PHP 116
12.5%
9
Argentina
PHP 110
17.0%
10
Chile
PHP 109
17.6%
11
Uruguay
PHP 108
18.1%
12
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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.