Income tax calculator Philippines
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₱ 34,900
SSS
- ₱ 1,308
PhilHealth
- ₱ 1,650
Pagibig
- ₱ 698
Total tax
- ₱ 3,656
Net pay
*
₱ 31,244
Marginal tax rate
2.0%
Average tax rate
10.5%
89.5%
Net pay
10.5%
Total tax
Total tax
Net pay
The Taxberg
₱ 31,244
Net pay
₱ 4,819
Tax the employer pays
₱ 3,656
Tax you pay
Total tax paid
₱ 8,475
Did you know your employer also pays tax on your salary? It costs the employer ₱ 4,819 to pay you ₱ 34,900. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 2.43 goes to the government.
Real tax rate
21.3%
So, with you and the employer both paying tax, what used to be a 10.5% tax rate now rises to 21.3%, meaning your real tax rate is actually 10.8% higher than what it seemed at first.
Summary
If you make ₱ 34,900 a year living in Philippines, you will be taxed ₱ 3,656. That means that your net pay will be ₱ 31,244 per year, or ₱ 2,604 per month. Your average tax rate is 10.5% and your marginal tax rate is 2.0%. 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 ₱ 2, hence, your net pay will only increase by ₱ 98.
Bonus Example
A ₱ 1,000 bonus will generate an extra ₱ 980 of net incomes. A ₱ 5,000 bonus will generate an extra ₱ 4,900 of net incomes.
Compare average tax
Europe
Country
Net pay
Average tax
Rank
United Kingdom
PHP 34900
0.0%
1
Germany
PHP 34900
0.0%
2
Austria
PHP 34900
0.0%
3
Ireland
PHP 34900
0.0%
4
Sweden
PHP 34900
0.0%
5
Norway
PHP 34900
0.0%
6
Spain
PHP 32684
6.4%
7
Italy
PHP 31692
9.2%
8
France
PHP 31515
9.7%
9
Czech Republic
PHP 31061
11.0%
10
Luxembourg
PHP 31043
11.1%
11
Switzerland
PHP 30929
11.4%
12
Russia
PHP 30363
13.0%
13
Hungary
PHP 28444
18.5%
14
Ukraine
PHP 28094
19.5%
15
Poland
PHP 27405
21.5%
16
Greece
PHP 27274
21.9%
17
Portugal
PHP 25983
25.6%
18
Finland
PHP 24168
30.8%
19
Belgium
PHP 23732
32.0%
20
Netherlands
PHP 21925
37.2%
21
Romania
PHP 20417
41.5%
22
Denmark
PHP 19933
42.9%
23
Show more
North America
Country
Net pay
Average tax
Rank
Canada
PHP 34349
1.6%
1
USA
PHP 31877
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
PHP 34900
0.0%
1
Singapore
PHP 34900
0.0%
2
Hong Kong
PHP 34900
0.0%
3
Pakistan
PHP 34268
1.8%
4
Thailand
PHP 33155
5.0%
5
Indonesia
PHP 31829
8.8%
6
Taiwan
PHP 31811
8.9%
7
Philippines
PHP 31244
10.5%
8
South Korea
PHP 31170
10.7%
9
New Zealand
PHP 30750
11.9%
10
India
PHP 30712
12.0%
11
Malaysia
PHP 30545
12.5%
12
China
PHP 30298
13.2%
13
Vietnam
PHP 29674
15.0%
14
Japan
PHP 28359
18.7%
15
Kazakhstan
PHP 27641
20.8%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Mexico
PHP 34071
2.4%
1
Brazil
PHP 32283
7.5%
2
Puerto Rico
PHP 32126
8.0%
3
Colombia
PHP 32108
8.0%
4
Ecuador
PHP 31602
9.5%
5
Guatemala
PHP 31554
9.6%
6
Costa Rica
PHP 31235
10.5%
7
Panama
PHP 31061
11.0%
8
Peru
PHP 30537
12.5%
9
Argentina
PHP 28967
17.0%
10
Chile
PHP 28758
17.6%
11
Uruguay
PHP 28583
18.1%
12
Show more
Africa
Country
Net pay
Average tax
Rank
South Africa
PHP 34551
1.0%
1
Uganda
PHP 33032
5.4%
2
Zambia
PHP 32806
6.0%
3
Morocco
PHP 32548
6.7%
4
Ivory Coast
PHP 32283
7.5%
5
Senegal
PHP 31813
8.9%
6
Ghana
PHP 30963
11.3%
7
Kenya
PHP 30520
12.6%
8
Mozambique
PHP 29815
14.6%
9
Cameroon
PHP 29446
15.6%
10
Angola
PHP 27886
20.1%
11
Nigeria
PHP 27808
20.3%
12
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.