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Income Tax Philippines Calculator

Calculate your Philippines income tax, BIR withholding tax, SSS, PhilHealth, Pag-IBIG contributions

BIR Philippines Income Tax Calculator

Your gross monthly income before deductions

Tax Calculation Results

Benefits Contributions

SSS
0.00
PhilHealth
0.00
Pag-IBIG
0.00
Total Contributions
0.00

Income Tax Calculation

Taxable Income
0.00
After contributions
Withholding Tax
0.00
BIR withholding tax

Net Pay Summary

0.00
Total Deductions
0.00
Take-Home Pay
0%
Deduction Rate

Calculation includes: SSS, PhilHealth, Pag-IBIG contributions and BIR withholding tax based on 2024 rates

Note: Employed individuals split contributions with employers

Deduction Breakdown

Example Calculations (2024)

Example 1: Employed Individual

Monthly income: ₱30,000

SSS contribution: ₱1,350 (employee share)

PhilHealth contribution: ₱750 (employee share)

Pag-IBIG contribution: ₱100 (employee share)

Total contributions: ₱2,200

Taxable income: ₱27,800

Withholding tax: ₱1,045.05

Take-home pay: ₱26,754.95

Example 2: Self-Employed Individual

Monthly income: ₱40,000

SSS contribution: ₱4,230 (full amount)

PhilHealth contribution: ₱2,000 (full amount)

Pag-IBIG contribution: ₱200 (employee + employer)

Total contributions: ₱6,430

Taxable income: ₱33,570

Withholding tax: ₱1,922.40

Take-home pay: ₱31,647.60

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Philippines Tax Facts

Tax-Free Threshold

₱20,833 monthly (₱250,000 annually)

💼

Benefits Required

SSS, PhilHealth, Pag-IBIG for all workers

%

Progressive Rates

15% to 35% based on income level

Tax Planning Tips

💡

First ₱250,000 annual income is tax-free

💡

Self-employed pay higher contribution rates

💡

Keep receipts for business expense deductions

💡

File quarterly returns for self-employed

Understanding Philippines Income Tax

Monthly Tax Brackets (2024)

₱0 - ₱20,833: 0% (tax-free)

₱20,834 - ₱33,333: 15%

₱33,334 - ₱66,667: 20%

₱66,668 - ₱166,667: 25%

₱166,668 - ₱666,667: 30%

₱666,668+: 35%

Benefits Contributions

SSS: 4.5% employee, 8.5% employer

PhilHealth: 5% split between employee/employer

Pag-IBIG: 1-2% employee, 2% employer

Employment Differences

Employed individuals split most contribution costs with their employer, while self-employed individuals pay both employee and employer portions.

Tax Calculation Process

1. Calculate total benefits contributions

2. Subtract contributions from gross income

3. Apply BIR withholding tax rates

4. Calculate net take-home pay

Important Notes

• First ₱250,000 annually is tax-free

• Monthly calculations may vary from annual

• Self-employed have additional requirements

• Benefits provide healthcare and retirement security

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