Income tax calculator Philippines
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₱ 53,300
SSS
- ₱ 1,892
PhilHealth
- ₱ 1,650
Pagibig
- ₱ 944
Total tax
- ₱ 4,485
Net pay
*
₱ 48,815
Marginal tax rate
4.8%
Average tax rate
8.4%
91.6%
Net pay
8.4%
Total tax
Total tax
Net pay
The Taxberg
₱ 48,815
Net pay
₱ 6,167
Tax the employer pays
₱ 4,485
Tax you pay
Total tax paid
₱ 10,652
Did you know your employer also pays tax on your salary? It costs the employer ₱ 6,167 to pay you ₱ 53,300. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 2 goes to the government.
Real tax rate
17.9%
So, with you and the employer both paying tax, what used to be a 8.4% tax rate now rises to 17.9%, meaning your real tax rate is actually 9.5% higher than what it seemed at first.
Summary
If you make ₱ 53,300 a year living in Philippines, you will be taxed ₱ 4,485. That means that your net pay will be ₱ 48,815 per year, or ₱ 4,068 per month. Your average tax rate is 8.4% 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.
Compare average tax
Europe
Country
Net pay
Average tax
Rank
United Kingdom
PHP 53300
0.0%
1
Germany
PHP 53300
0.0%
2
Austria
PHP 53300
0.0%
3
Ireland
PHP 53300
0.0%
4
Sweden
PHP 53300
0.0%
5
Norway
PHP 53300
0.0%
6
Spain
PHP 49915
6.4%
7
Italy
PHP 48401
9.2%
8
France
PHP 48130
9.7%
9
Switzerland
PHP 48106
9.7%
10
Czech Republic
PHP 47437
11.0%
11
Luxembourg
PHP 47410
11.1%
12
Russia
PHP 46371
13.0%
13
Hungary
PHP 43440
18.5%
14
Ukraine
PHP 42906
19.5%
15
Poland
PHP 41853
21.5%
16
Greece
PHP 41654
21.9%
17
Portugal
PHP 39682
25.6%
18
Finland
PHP 36910
30.8%
19
Belgium
PHP 36244
32.0%
20
Netherlands
PHP 33544
37.1%
21
Denmark
PHP 32313
39.4%
22
Romania
PHP 31180
41.5%
23
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North America
Country
Net pay
Average tax
Rank
Canada
PHP 51301
3.8%
1
USA
PHP 48684
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
PHP 53300
0.0%
1
Singapore
PHP 53300
0.0%
2
Hong Kong
PHP 53300
0.0%
3
Pakistan
PHP 52668
1.2%
4
Thailand
PHP 50635
5.0%
5
Philippines
PHP 48815
8.4%
6
Indonesia
PHP 48713
8.6%
7
Taiwan
PHP 48582
8.9%
8
South Korea
PHP 47603
10.7%
9
New Zealand
PHP 46963
11.9%
10
India
PHP 46904
12.0%
11
Malaysia
PHP 46735
12.3%
12
China
PHP 46272
13.2%
13
Vietnam
PHP 45318
15.0%
14
Japan
PHP 43311
18.7%
15
Kazakhstan
PHP 42214
20.8%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
PHP 52034
2.4%
1
Brazil
PHP 49302
7.5%
2
Puerto Rico
PHP 49063
8.0%
3
Colombia
PHP 49036
8.0%
4
Ecuador
PHP 48263
9.5%
5
Guatemala
PHP 48189
9.6%
6
Costa Rica
PHP 47704
10.5%
7
Panama
PHP 47437
11.0%
8
Peru
PHP 46637
12.5%
9
Argentina
PHP 44239
17.0%
10
Chile
PHP 43919
17.6%
11
Uruguay
PHP 43653
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
PHP 52767
1.0%
1
Zambia
PHP 50102
6.0%
2
Morocco
PHP 49708
6.7%
3
Uganda
PHP 49587
7.0%
4
Ivory Coast
PHP 48576
8.9%
5
Senegal
PHP 47219
11.4%
6
Kenya
PHP 46516
12.7%
7
Ghana
PHP 45308
15.0%
8
Mozambique
PHP 45140
15.3%
9
Cameroon
PHP 44970
15.6%
10
Angola
PHP 42175
20.9%
11
Nigeria
PHP 41435
22.3%
12
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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.