Income tax calculator Philippines
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₱ 387,400
SSS
- ₱ 6,976
PhilHealth
- ₱ 5,327
Pagibig
- ₱ 1,200
Tax Due
- ₱ 24,780
Total tax
- ₱ 38,282
Net pay
*
₱ 349,118
Marginal tax rate
21.1%
Average tax rate
9.9%
90.1%
Net pay
9.9%
Total tax
Total tax
Net pay
The Taxberg
₱ 349,118
Net pay
₱ 19,703
Tax the employer pays
₱ 38,282
Tax you pay
Total tax paid
₱ 57,985
Did you know your employer also pays tax on your salary? It costs the employer ₱ 19,703 to pay you ₱ 387,400. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 1.50 goes to the government.
Real tax rate
14.2%
So, with you and the employer both paying tax, what used to be a 9.9% tax rate now rises to 14.2%, meaning your real tax rate is actually 4.3% higher than what it seemed at first.
Summary
If you make ₱ 387,400 a year living in Philippines, you will be taxed ₱ 38,282. That means that your net pay will be ₱ 349,118 per year, or ₱ 29,093 per month. Your average tax rate is 9.9% 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 387400
0.0%
1
Ireland
PHP 387400
0.0%
2
Norway
PHP 376249
2.9%
3
Austria
PHP 373024
3.7%
4
Spain
PHP 362800
6.4%
5
Switzerland
PHP 359463
7.2%
6
Italy
PHP 351798
9.2%
7
France
PHP 349822
9.7%
8
Czech Republic
PHP 344786
11.0%
9
Luxembourg
PHP 344581
11.1%
10
Russia
PHP 337038
13.0%
11
Hungary
PHP 315731
18.5%
12
Ukraine
PHP 311857
19.5%
13
Germany
PHP 311179
19.7%
14
Sweden
PHP 309159
20.2%
15
Poland
PHP 304202
21.5%
16
Greece
PHP 302756
21.9%
17
Portugal
PHP 287961
25.7%
18
Finland
PHP 268274
30.8%
19
Belgium
PHP 263432
32.0%
20
Denmark
PHP 257092
33.6%
21
Netherlands
PHP 243799
37.1%
22
Romania
PHP 226629
41.5%
23
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North America
Country
Net pay
Average tax
Rank
USA
PHP 353983
8.6%
1
Canada
PHP 304996
21.3%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
PHP 387400
0.0%
1
Hong Kong
PHP 387400
0.0%
2
Pakistan
PHP 366783
5.3%
3
Thailand
PHP 366261
5.5%
4
Taiwan
PHP 353111
8.9%
5
Philippines
PHP 349118
9.9%
6
South Korea
PHP 342444
11.6%
7
Malaysia
PHP 341839
11.8%
8
New Zealand
PHP 341338
11.9%
9
Indonesia
PHP 341292
11.9%
10
India
PHP 323537
16.5%
11
Vietnam
PHP 315524
18.6%
12
Japan
PHP 314796
18.7%
13
Singapore
PHP 312625
19.3%
14
Kazakhstan
PHP 306821
20.8%
15
China
PHP 286257
26.1%
16
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Latin America
Country
Net pay
Average tax
Rank
Puerto Rico
PHP 356602
8.0%
1
Colombia
PHP 356408
8.0%
2
Ecuador
PHP 350791
9.5%
3
Guatemala
PHP 350254
9.6%
4
Costa Rica
PHP 346723
10.5%
5
Panama
PHP 344786
11.0%
6
Brazil
PHP 342217
11.7%
7
Mexico
PHP 342067
11.7%
8
Peru
PHP 338975
12.5%
9
Chile
PHP 319218
17.6%
10
Uruguay
PHP 309533
20.1%
11
Argentina
PHP 251403
35.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
PHP 367089
5.2%
1
Morocco
PHP 334884
13.6%
2
Cameroon
PHP 308124
20.5%
3
Ivory Coast
PHP 307857
20.5%
4
Mozambique
PHP 307437
20.6%
5
Kenya
PHP 302110
22.0%
6
Angola
PHP 290633
25.0%
7
Ghana
PHP 289940
25.2%
8
Nigeria
PHP 270778
30.1%
9
Uganda
PHP 269003
30.6%
10
Senegal
PHP 268206
30.8%
11
Zambia
PHP 267538
30.9%
12
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Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
PHP 368030
5.0%
1
Qatar
PHP 368030
5.0%
2
Bahrain
PHP 356409
8.0%
3
Oman
PHP 356407
8.0%
4
Saudi Arabia
PHP 348660
10.0%
5
Kuwait
PHP 344787
11.0%
6
Israel
PHP 336457
13.2%
7
Egypt
PHP 304116
21.5%
8
Lebanon
PHP 301616
22.1%
9
Turkey
PHP 236706
38.9%
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.