Income tax calculator Philippines

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₱ 20,000
SSS
- ₱ 291
PhilHealth
- ₱ 274
Pagibig
- ₱ 50
Tax Due
- ₱ 1,930
Total tax
- ₱ 2,545
Net pay
* ₱ 17,455
Marginal tax rate
25.0%
Average tax rate
12.7%
87.3%
Net pay
12.7%
Total tax
Total tax
Net pay
People also ask
₱ 480,000 yearly is how much per hour?
₱ 192 hourly is how much per year?
What is the average salary in Philippines?
Summary
If you make ₱ 480,000 a year living in Philippines, you will be taxed ₱ 61,072. That means that your net pay will be ₱ 418,928 per year, or ₱ 34,911 per month. Your average tax rate is 12.7% and your marginal tax rate is 25.0%. 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 ₱ 25.03, hence, your net pay will only increase by ₱ 74.97.
Bonus Example
A ₱ 1,000 bonus will generate an extra ₱ 750 of net incomes. A ₱ 5,000 bonus will generate an extra ₱ 3,749 of net incomes.
Tax per income
₱ 19,950
₱ 20,000
₱ 20,050
₱ 20,100
₱ 20,150
₱ 20,200
₱ 20,250
₱ 20,300
₱ 20,350
₱ 20,400
₱ 20,450
₱ 20,500
₱ 20,550
₱ 20,600
₱ 20,650
₱ 20,700
₱ 20,750
₱ 20,800
₱ 20,850
₱ 20,900
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
PHP 480000
0.0%
1
Ireland
PHP 480000
0.0%
2
Spain
PHP 449520
6.4%
3
Norway
PHP 445855
7.1%
4
Switzerland
PHP 445766
7.1%
5
Italy
PHP 435888
9.2%
6
France
PHP 433440
9.7%
7
Czech Republic
PHP 427200
11.0%
8
Luxembourg
PHP 426291
11.2%
9
Russia
PHP 417600
13.0%
10
Austria
PHP 408109
15.0%
11
Hungary
PHP 391200
18.5%
12
Ukraine
PHP 386400
19.5%
13
Germany
PHP 385560
19.7%
14
Sweden
PHP 378756
21.1%
15
Poland
PHP 376410
21.6%
16
Greece
PHP 375124
21.9%
17
Portugal
PHP 353811
26.3%
18
Finland
PHP 332400
30.8%
19
Belgium
PHP 326400
32.0%
20
Denmark
PHP 319391
33.5%
21
Netherlands
PHP 302044
37.1%
22
Romania
PHP 280800
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
PHP 437148
8.9%
1
Canada
PHP 370624
22.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
PHP 480000
0.0%
1
Hong Kong
PHP 480000
0.0%
2
Thailand
PHP 454231
5.4%
3
Pakistan
PHP 447808
6.7%
4
Taiwan
PHP 437515
8.9%
5
Malaysia
PHP 423607
11.8%
6
South Korea
PHP 423313
11.8%
7
New Zealand
PHP 422928
11.9%
8
Philippines
PHP 418928
12.7%
9
Indonesia
PHP 417640
13.0%
10
Japan
PHP 390041
18.7%
11
Vietnam
PHP 385970
19.6%
12
India
PHP 385764
19.6%
13
Singapore
PHP 384182
20.0%
14
Kazakhstan
PHP 380160
20.8%
15
China
PHP 343550
28.4%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
PHP 441840
8.0%
1
Colombia
PHP 441600
8.0%
2
Ecuador
PHP 434640
9.5%
3
Guatemala
PHP 433975
9.6%
4
Costa Rica
PHP 429600
10.5%
5
Panama
PHP 427200
11.0%
6
Peru
PHP 420000
12.5%
7
Mexico
PHP 414916
13.6%
8
Brazil
PHP 411259
14.3%
9
Chile
PHP 395520
17.6%
10
Uruguay
PHP 383520
20.1%
11
Argentina
PHP 311593
35.1%
12
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.