Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₱ 38,402
SSS
- ₱ 1,363
PhilHealth
- ₱ 1,650
Pagibig
- ₱ 757
Total tax
- ₱ 3,769
Net pay
* ₱ 34,633
Marginal tax rate
4.8%
Average tax rate
9.8%
90.2%
Net pay
9.8%
Total tax
Total tax
Net pay
The Taxberg
₱ 34,633
Net pay
₱ 4,981
Tax the employer pays
₱ 3,769
Tax you pay
Total tax paid
₱ 8,750
Did you know your employer also pays tax on your salary? It costs the employer ₱ 4,981 to pay you ₱ 38,402. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 2.28 goes to the government.
Real tax rate
20.2%
So, with you and the employer both paying tax, what used to be a 9.8% tax rate now rises to 20.2%, meaning your real tax rate is actually 10.4% higher than what it seemed at first.
Summary
If you make ₱ 38,402 a year living in Philippines, you will be taxed ₱ 3,769. That means that your net pay will be ₱ 34,633 per year, or ₱ 2,886 per month. Your average tax rate is 9.8% and your marginal tax rate is 4.8%. 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 ₱ 4.81, hence, your net pay will only increase by ₱ 95.19.
Bonus Example
A ₱ 1,000 bonus will generate an extra ₱ 952 of net incomes. A ₱ 5,000 bonus will generate an extra ₱ 4,760 of net incomes.
North America
Country 
Net pay
Average tax
Rank
Canada
PHP 37795
1.6%
1
USA
PHP 35076
8.7%
2
Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
PHP 38402
0.0%
1
United Arab Emirates
PHP 36482
5.0%
2
Qatar
PHP 36482
5.0%
3
Bahrain
PHP 35329
8.0%
4
Oman
PHP 35330
8.0%
5
Kuwait
PHP 34178
11.0%
6
Lebanon
PHP 34041
11.4%
7
Egypt
PHP 33637
12.4%
8
Israel
PHP 33352
13.2%
9
Turkey
PHP 32350
15.8%
10
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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.