Income tax calculator Philippines
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₱ 19,680
SSS
- ₱ 729
PhilHealth
- ₱ 1,650
Pagibig
- ₱ 345
Total tax
- ₱ 2,724
Net pay
*
₱ 16,956
Marginal tax rate
9.9%
Average tax rate
13.8%
86.2%
Net pay
13.8%
Total tax
Total tax
Net pay
The Taxberg
₱ 16,956
Net pay
₱ 3,373
Tax the employer pays
₱ 2,724
Tax you pay
Total tax paid
₱ 6,097
Did you know your employer also pays tax on your salary? It costs the employer ₱ 3,373 to pay you ₱ 19,680. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 3.10 goes to the government.
Real tax rate
26.4%
So, with you and the employer both paying tax, what used to be a 13.8% tax rate now rises to 26.4%, meaning your real tax rate is actually 12.6% higher than what it seemed at first.
Summary
If you make ₱ 19,680 a year living in Philippines, you will be taxed ₱ 2,724. That means that your net pay will be ₱ 16,956 per year, or ₱ 1,413 per month. Your average tax rate is 13.8% and your marginal tax rate is 9.9%. 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 ₱ 9.86, hence, your net pay will only increase by ₱ 90.14.
Bonus Example
A ₱ 1,000 bonus will generate an extra ₱ 901 of net incomes. A ₱ 5,000 bonus will generate an extra ₱ 4,507 of net incomes.
North America
Country
Net pay
Average tax
Rank
Canada
PHP 19369
1.6%
1
USA
PHP 17976
8.7%
2
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.