Summary
If you make ₱ 10,790,016 a year living in Philippines, you will be taxed ₱ 3,679,583. That means that your net pay will be ₱ 7,110,433 per year, or ₱ 592,536 per month. Your average tax rate is 34.1% and your marginal tax rate is 37.8%. 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 ₱ 37.82, hence, your net pay will only increase by ₱ 62.18.
Bonus Example
A ₱ 1,000 bonus will generate an extra ₱ 622 of net incomes. A ₱ 5,000 bonus will generate an extra ₱ 3,109 of net incomes.