Income tax calculator Philippines
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₱ 74,218
SSS
- ₱ 2,634
PhilHealth
- ₱ 1,650
Pagibig
- ₱ 1,200
Total tax
- ₱ 5,484
Net pay
*
₱ 68,734
Marginal tax rate
3.6%
Average tax rate
7.4%
92.6%
Net pay
7.4%
Total tax
Total tax
Net pay
The Taxberg
₱ 68,734
Net pay
₱ 7,826
Tax the employer pays
₱ 5,484
Tax you pay
Total tax paid
₱ 13,310
Did you know your employer also pays tax on your salary? It costs the employer ₱ 7,826 to pay you ₱ 74,218. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 1.79 goes to the government.
Real tax rate
16.2%
So, with you and the employer both paying tax, what used to be a 7.4% tax rate now rises to 16.2%, meaning your real tax rate is actually 8.8% higher than what it seemed at first.
Summary
If you make ₱ 74,218 a year living in Philippines, you will be taxed ₱ 5,484. That means that your net pay will be ₱ 68,734 per year, or ₱ 5,728 per month. Your average tax rate is 7.4% and your marginal tax rate is 3.6%. 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 ₱ 3.55, hence, your net pay will only increase by ₱ 96.45.
Bonus Example
A ₱ 1,000 bonus will generate an extra ₱ 965 of net incomes. A ₱ 5,000 bonus will generate an extra ₱ 4,823 of net incomes.
Compare average tax
Europe
Country
Net pay
Average tax
Rank
United Kingdom
PHP 74218
0.0%
1
Germany
PHP 74218
0.0%
2
Austria
PHP 74218
0.0%
3
Ireland
PHP 74218
0.0%
4
Norway
PHP 74218
0.0%
5
Sweden
PHP 74208
0.0%
6
Spain
PHP 69505
6.4%
7
Switzerland
PHP 67577
9.0%
8
Italy
PHP 67398
9.2%
9
France
PHP 67019
9.7%
10
Czech Republic
PHP 66054
11.0%
11
Luxembourg
PHP 66017
11.1%
12
Russia
PHP 64570
13.0%
13
Hungary
PHP 60488
18.5%
14
Ukraine
PHP 59745
19.5%
15
Poland
PHP 58279
21.5%
16
Greece
PHP 58002
21.9%
17
Portugal
PHP 55255
25.6%
18
Finland
PHP 51396
30.8%
19
Belgium
PHP 50468
32.0%
20
Netherlands
PHP 46695
37.1%
21
Denmark
PHP 46386
37.5%
22
Romania
PHP 43417
41.5%
23
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North America
Country
Net pay
Average tax
Rank
Canada
PHP 69750
6.0%
1
USA
PHP 67790
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
PHP 74218
0.0%
1
Singapore
PHP 74218
0.0%
2
Hong Kong
PHP 74218
0.0%
3
Pakistan
PHP 73586
0.9%
4
Thailand
PHP 70507
5.0%
5
Philippines
PHP 68734
7.4%
6
Indonesia
PHP 67975
8.4%
7
Taiwan
PHP 67649
8.9%
8
South Korea
PHP 66285
10.7%
9
New Zealand
PHP 65393
11.9%
10
India
PHP 65312
12.0%
11
Malaysia
PHP 65167
12.2%
12
China
PHP 64432
13.2%
13
Vietnam
PHP 63104
15.0%
14
Japan
PHP 60308
18.7%
15
Kazakhstan
PHP 58781
20.8%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
PHP 72455
2.4%
1
Brazil
PHP 68652
7.5%
2
Puerto Rico
PHP 68318
8.0%
3
Colombia
PHP 68281
8.0%
4
Ecuador
PHP 67205
9.5%
5
Guatemala
PHP 67102
9.6%
6
Costa Rica
PHP 66425
10.5%
7
Panama
PHP 66054
11.0%
8
Peru
PHP 64941
12.5%
9
Argentina
PHP 61601
17.0%
10
Chile
PHP 61156
17.6%
11
Uruguay
PHP 60785
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
PHP 73476
1.0%
1
Zambia
PHP 69765
6.0%
2
Morocco
PHP 69216
6.7%
3
Ivory Coast
PHP 66499
10.4%
4
Uganda
PHP 66163
10.9%
5
Kenya
PHP 64841
12.6%
6
Senegal
PHP 64024
13.7%
7
Cameroon
PHP 62619
15.6%
8
Mozambique
PHP 62293
16.1%
9
Ghana
PHP 61616
17.0%
10
Angola
PHP 58312
21.4%
11
Nigeria
PHP 56390
24.0%
12
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Middle East
Country
Net pay
Average tax
Rank
Saudi Arabia
PHP 74218
0.0%
1
United Arab Emirates
PHP 70507
5.0%
2
Qatar
PHP 70507
5.0%
3
Bahrain
PHP 68281
8.0%
4
Oman
PHP 68281
8.0%
5
Kuwait
PHP 66054
11.0%
6
Israel
PHP 64458
13.2%
7
Lebanon
PHP 63816
14.0%
8
Egypt
PHP 61908
16.6%
9
Turkey
PHP 61539
17.1%
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.