๐ต๐ญ Philippines Income Tax Calculator
Calculate Philippines income tax under TRAIN law with progressive rates 0%-35%, 13th month pay exemption, SSS, PhilHealth, and Pag-IBIG contributions.
Annual income in Philippine Peso
13th month pay up to โฑ90,000 is tax-exempt
Social Security System or GSIS contributions
Philippines Income Tax Calculator
Enter your gross income and tax details to calculate your net salary.
Understanding Philippines Tax
TRAIN Law
The Tax Reform for Acceleration and Inclusion Act simplified tax rates with 0-35% progressive brackets.
Tax Exemptions
Income under โฑ250,000 is tax-free. 13th month pay up to โฑ90,000 is also exempt.
Mandatory Contributions
SSS, PhilHealth, and Pag-IBIG contributions are deductible from taxable income.
Frequently Asked Questions
What is the TRAIN Law?
The Tax Reform for Acceleration and Inclusion (TRAIN) Law simplified the tax system with progressive rates from 0% to 35%, making the first โฑ250,000 of annual income tax-free.
Is 13th-month pay taxable?
13th-month pay and other benefits are tax-exempt up to โฑ90,000. Any amount exceeding this threshold is added to your taxable income.
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