Income tax calculator Philippines
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₱ 371,020
SSS
- ₱ 6,976
PhilHealth
- ₱ 5,101
Pagibig
- ₱ 1,200
Tax Due
- ₱ 21,549
Total tax
- ₱ 34,826
Net pay
*
₱ 336,194
Marginal tax rate
21.1%
Average tax rate
9.4%
90.6%
Net pay
9.4%
Total tax
Total tax
Net pay
The Taxberg
₱ 336,194
Net pay
₱ 19,478
Tax the employer pays
₱ 34,826
Tax you pay
Total tax paid
₱ 54,303
Did you know your employer also pays tax on your salary? It costs the employer ₱ 19,478 to pay you ₱ 371,020. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 1.46 goes to the government.
Real tax rate
13.9%
So, with you and the employer both paying tax, what used to be a 9.4% tax rate now rises to 13.9%, meaning your real tax rate is actually 4.5% higher than what it seemed at first.
Summary
If you make ₱ 371,020 a year living in Philippines, you will be taxed ₱ 34,826. That means that your net pay will be ₱ 336,194 per year, or ₱ 28,016 per month. Your average tax rate is 9.4% and your marginal tax rate is 21.1%. 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 ₱ 21.10, hence, your net pay will only increase by ₱ 78.90.
Bonus Example
A ₱ 1,000 bonus will generate an extra ₱ 789 of net incomes. A ₱ 5,000 bonus will generate an extra ₱ 3,945 of net incomes.
Compare average tax
Europe
Country
Net pay
Average tax
Rank
United Kingdom
PHP 371020
0.0%
1
Austria
PHP 371020
0.0%
2
Ireland
PHP 371020
0.0%
3
Norway
PHP 363964
1.9%
4
Spain
PHP 347461
6.4%
5
Switzerland
PHP 344197
7.2%
6
Italy
PHP 336924
9.2%
7
France
PHP 335031
9.7%
8
Czech Republic
PHP 330208
11.0%
9
Luxembourg
PHP 330022
11.1%
10
Russia
PHP 322787
13.0%
11
Hungary
PHP 302381
18.5%
12
Germany
PHP 300646
19.0%
13
Ukraine
PHP 298671
19.5%
14
Sweden
PHP 296841
20.0%
15
Poland
PHP 291339
21.5%
16
Greece
PHP 289955
21.9%
17
Portugal
PHP 276224
25.6%
18
Finland
PHP 256932
30.8%
19
Belgium
PHP 252293
32.0%
20
Denmark
PHP 246071
33.7%
21
Netherlands
PHP 233493
37.1%
22
Romania
PHP 217047
41.5%
23
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North America
Country
Net pay
Average tax
Rank
USA
PHP 338959
8.6%
1
Canada
PHP 293621
20.9%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
PHP 371020
0.0%
1
Hong Kong
PHP 371020
0.0%
2
Pakistan
PHP 352451
5.0%
3
Thailand
PHP 350700
5.5%
4
Taiwan
PHP 338181
8.9%
5
Philippines
PHP 336194
9.4%
6
South Korea
PHP 328139
11.6%
7
Indonesia
PHP 327786
11.7%
8
Malaysia
PHP 327380
11.8%
9
New Zealand
PHP 326906
11.9%
10
India
PHP 312886
15.7%
11
Singapore
PHP 306073
17.5%
12
Vietnam
PHP 303063
18.3%
13
Japan
PHP 301486
18.7%
14
Kazakhstan
PHP 293848
20.8%
15
China
PHP 278914
24.8%
16
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Latin America
Country
Net pay
Average tax
Rank
Puerto Rico
PHP 341524
8.0%
1
Colombia
PHP 341338
8.0%
2
Ecuador
PHP 335959
9.5%
3
Guatemala
PHP 335445
9.6%
4
Costa Rica
PHP 332063
10.5%
5
Panama
PHP 330208
11.0%
6
Brazil
PHP 329342
11.2%
7
Mexico
PHP 328917
11.4%
8
Peru
PHP 324642
12.5%
9
Chile
PHP 305720
17.6%
10
Uruguay
PHP 296445
20.1%
11
Argentina
PHP 240756
35.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
PHP 353822
4.6%
1
Morocco
PHP 323681
12.8%
2
Cameroon
PHP 296866
20.0%
3
Ivory Coast
PHP 296200
20.2%
4
Mozambique
PHP 294824
20.5%
5
Kenya
PHP 290797
21.6%
6
Angola
PHP 278638
24.9%
7
Ghana
PHP 278330
25.0%
8
Nigeria
PHP 259636
30.0%
9
Uganda
PHP 258356
30.4%
10
Zambia
PHP 258284
30.4%
11
Senegal
PHP 258159
30.4%
12
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Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
PHP 352469
5.0%
1
Qatar
PHP 352469
5.0%
2
Bahrain
PHP 341339
8.0%
3
Oman
PHP 341339
8.0%
4
Saudi Arabia
PHP 333918
10.0%
5
Kuwait
PHP 330207
11.0%
6
Israel
PHP 322231
13.2%
7
Egypt
PHP 291421
21.5%
8
Lebanon
PHP 289331
22.0%
9
Turkey
PHP 227166
38.8%
10
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.