Income tax calculator Philippines
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₱ 25,794
SSS
- ₱ 981
PhilHealth
- ₱ 1,650
Pagibig
- ₱ 516
Total tax
- ₱ 3,147
Net pay
*
₱ 22,647
Marginal tax rate
4.9%
Average tax rate
12.2%
87.8%
Net pay
12.2%
Total tax
Total tax
Net pay
The Taxberg
₱ 22,647
Net pay
₱ 4,018
Tax the employer pays
₱ 3,147
Tax you pay
Total tax paid
₱ 7,165
Did you know your employer also pays tax on your salary? It costs the employer ₱ 4,018 to pay you ₱ 25,794. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 2.78 goes to the government.
Real tax rate
24.0%
So, with you and the employer both paying tax, what used to be a 12.2% tax rate now rises to 24.0%, meaning your real tax rate is actually 11.8% higher than what it seemed at first.
Summary
If you make ₱ 25,794 a year living in Philippines, you will be taxed ₱ 3,147. That means that your net pay will be ₱ 22,647 per year, or ₱ 1,887 per month. Your average tax rate is 12.2% and your marginal tax rate is 4.9%. 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 ₱ 4.94, hence, your net pay will only increase by ₱ 95.06.
Bonus Example
A ₱ 1,000 bonus will generate an extra ₱ 951 of net incomes. A ₱ 5,000 bonus will generate an extra ₱ 4,753 of net incomes.
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.