Income tax calculator Philippines

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₱ 46,750
SSS
- ₱ 1,659
PhilHealth
- ₱ 1,650
Pagibig
- ₱ 861
Total tax
- ₱ 4,171
Net pay
* ₱ 42,579
Marginal tax rate
4.8%
Average tax rate
8.9%
91.1%
Net pay
8.9%
Total tax
Total tax
Net pay
The Taxberg
₱ 42,579
Net pay
₱ 5,645
Tax the employer pays
₱ 4,171
Tax you pay
Total tax paid
₱ 9,816
Did you know your employer also pays tax on your salary? It costs the employer ₱ 5,645 to pay you ₱ 46,750. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 2.10 goes to the government.
Real tax rate
18.7%
So, with you and the employer both paying tax, what used to be a 8.9% tax rate now rises to 18.7%, meaning your real tax rate is actually 9.8% higher than what it seemed at first.
People also ask
₱ 46,750 yearly is how much per hour?
₱ 18.73 hourly is how much per year?
What is the average salary in Philippines?
Summary
If you make ₱ 46,750 a year living in Philippines, you will be taxed ₱ 4,171. That means that your net pay will be ₱ 42,579 per year, or ₱ 3,548 per month. Your average tax rate is 8.9% 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 ₱ 4.80, hence, your net pay will only increase by ₱ 95.20.
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.
Tax per income
₱ 19,050
₱ 19,100
₱ 19,150
₱ 19,200
₱ 19,250
₱ 19,300
₱ 19,350
₱ 19,400
₱ 19,450
₱ 19,500
₱ 19,550
₱ 19,600
₱ 19,650
₱ 19,700
₱ 19,750
₱ 19,800
₱ 19,850
₱ 19,900
₱ 19,950
₱ 20,000
North America
Country 
Net pay
Average tax
Rank
Canada
PHP 45524
2.6%
1
USA
PHP 42701
8.7%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
PHP 45640
2.4%
1
Brazil
PHP 43244
7.5%
2
Puerto Rico
PHP 43034
8.0%
3
Colombia
PHP 43010
8.0%
4
Ecuador
PHP 42332
9.5%
5
Guatemala
PHP 42267
9.6%
6
Costa Rica
PHP 41841
10.5%
7
Panama
PHP 41607
11.0%
8
Peru
PHP 40906
12.5%
9
Argentina
PHP 38802
17.0%
10
Chile
PHP 38522
17.6%
11
Uruguay
PHP 38288
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
PHP 46282
1.0%
1
Uganda
PHP 44076
5.7%
2
Zambia
PHP 43945
6.0%
3
Morocco
PHP 43599
6.7%
4
Ivory Coast
PHP 42963
8.1%
5
Senegal
PHP 41957
10.3%
6
Kenya
PHP 40779
12.8%
7
Ghana
PHP 40201
14.0%
8
Mozambique
PHP 39769
14.9%
9
Cameroon
PHP 39444
15.6%
10
Angola
PHP 37088
20.7%
11
Nigeria
PHP 36667
21.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
PHP 46750
0.0%
1
United Arab Emirates
PHP 44413
5.0%
2
Qatar
PHP 44412
5.0%
3
Bahrain
PHP 43009
8.0%
4
Oman
PHP 43009
8.0%
5
Kuwait
PHP 41608
11.0%
6
Lebanon
PHP 41054
12.2%
7
Israel
PHP 40602
13.2%
8
Egypt
PHP 40573
13.2%
9
Turkey
PHP 39383
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.