Income tax calculator Philippines
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₱ 88,400
SSS
- ₱ 3,137
PhilHealth
- ₱ 1,650
Pagibig
- ₱ 1,200
Total tax
- ₱ 5,987
Net pay
*
₱ 82,413
Marginal tax rate
3.6%
Average tax rate
6.8%
93.2%
Net pay
6.8%
Total tax
Total tax
Net pay
The Taxberg
₱ 82,413
Net pay
₱ 8,776
Tax the employer pays
₱ 5,987
Tax you pay
Total tax paid
₱ 14,763
Did you know your employer also pays tax on your salary? It costs the employer ₱ 8,776 to pay you ₱ 88,400. In other words, every time you spend ₱ 10 of your hard-earned money, ₱ 1.67 goes to the government.
Real tax rate
15.2%
So, with you and the employer both paying tax, what used to be a 6.8% tax rate now rises to 15.2%, meaning your real tax rate is actually 8.4% higher than what it seemed at first.
Summary
If you make ₱ 88,400 a year living in Philippines, you will be taxed ₱ 5,987. That means that your net pay will be ₱ 82,413 per year, or ₱ 6,868 per month. Your average tax rate is 6.8% 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
North America
Country
Net pay
Average tax
Rank
Canada
PHP 82058
7.2%
1
USA
PHP 80744
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
PHP 88400
0.0%
1
Singapore
PHP 88400
0.0%
2
Hong Kong
PHP 88400
0.0%
3
Pakistan
PHP 87768
0.7%
4
Thailand
PHP 83980
5.0%
5
Philippines
PHP 82413
6.8%
6
Indonesia
PHP 81038
8.3%
7
Taiwan
PHP 80576
8.9%
8
South Korea
PHP 78951
10.7%
9
New Zealand
PHP 77889
11.9%
10
India
PHP 77792
12.0%
11
Malaysia
PHP 77708
12.1%
12
China
PHP 76744
13.2%
13
Vietnam
PHP 75162
15.0%
14
Japan
PHP 71833
18.7%
15
Kazakhstan
PHP 70013
20.8%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
PHP 86300
2.4%
1
Brazil
PHP 81770
7.5%
2
Puerto Rico
PHP 81372
8.0%
3
Colombia
PHP 81328
8.0%
4
Ecuador
PHP 80046
9.5%
5
Guatemala
PHP 79924
9.6%
6
Costa Rica
PHP 79118
10.5%
7
Panama
PHP 78676
11.0%
8
Peru
PHP 77350
12.5%
9
Argentina
PHP 73372
17.0%
10
Chile
PHP 72842
17.6%
11
Uruguay
PHP 72400
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
PHP 87516
1.0%
1
Zambia
PHP 83096
6.0%
2
Morocco
PHP 82442
6.7%
3
Ivory Coast
PHP 78519
11.2%
4
Kenya
PHP 77224
12.6%
5
Uganda
PHP 75772
14.3%
6
Senegal
PHP 74743
15.5%
7
Cameroon
PHP 74585
15.6%
8
Mozambique
PHP 73922
16.4%
9
Ghana
PHP 72673
17.8%
10
Angola
PHP 69196
21.7%
11
Nigeria
PHP 66417
24.9%
12
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Middle East
Country
Net pay
Average tax
Rank
Saudi Arabia
PHP 88400
0.0%
1
United Arab Emirates
PHP 83980
5.0%
2
Qatar
PHP 83980
5.0%
3
Bahrain
PHP 81328
8.0%
4
Oman
PHP 81328
8.0%
5
Kuwait
PHP 78676
11.0%
6
Israel
PHP 76775
13.2%
7
Lebanon
PHP 75019
15.1%
8
Turkey
PHP 72777
17.7%
9
Egypt
PHP 72319
18.2%
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.