Philippine compensation and income tax estimator
Basic employment and salary details
13th month, bonuses and other benefits
Employee contributions and allowable deductions
Previous employment and BIR Form 2316
Actual year-to-date payroll values
Enter actual year-to-date payroll figures. Do not include amounts already included in projected compensation.
Detailed computation and applicable rules
| Description | Calculation Basis | Amount |
|---|---|---|
| Gross monthly salary | Entered monthly salary | ₱0.00 |
| Salary projection | Salary × remaining periods | ₱0.00 |
| Projected regular compensation | ₱0.00 | |
| Description | Calculation Basis | Amount |
|---|---|---|
| 13th month pay | Entered amount | ₱0.00 |
| Other bonuses | Taxability classification | ₱0.00 |
| De minimis benefits | Applicable limits and conditions | ₱0.00 |
The compensation bracket and corresponding Monthly Salary Credit are highlighted. The employee share is 5% of the total MSC, including MPF where applicable.
| Monthly Compensation Range | Regular MSC | MPF MSC | Total MSC | Employee Share |
|---|
Source: SSS contribution schedule and SSS Circular No. 2024-006. Schedule effective January 1, 2025.
The salary floor or ceiling is applied where appropriate. The table highlights the applicable salary band.
| Monthly Basic Salary | Total Premium Rate | Employee Share | Employer Share |
|---|
Source: PhilHealth Advisory No. 2025-0002. Verify any subsequent advisory before using this as a production payroll schedule.
The employee rate is 1% for fund salary of ₱1,500 and below, and 2% above ₱1,500. The maximum fund salary is ₱10,000.
| Monthly Fund Salary | Employee Rate | Employer Rate | Maximum Fund Salary |
|---|
Source: Pag-IBIG Fund Circulars, Circular No. 460 effective February 2024.
| Description | Basis | Amount |
|---|---|---|
| Gross compensation | Previous employer Form 2316 | ₱0.00 |
| Non-taxable compensation | Previous employer Form 2316 | ₱0.00 |
| Taxable compensation | Gross less non-taxable | ₱0.00 |
| Tax withheld | Previous employer Form 2316 | ₱0.00 |
| Description | Calculation Basis | Amount |
|---|---|---|
| Taxable compensation | Gross less applicable exclusions and deductions | ₱0.00 |
| Annual income tax | Applicable graduated tax computation | ₱0.00 |
| Description | Basis | Amount |
|---|---|---|
| Previous employer tax withheld | Form 2316 | ₱0.00 |
| Current employer tax withheld YTD | Actual payroll YTD | ₱0.00 |
| Estimated withholding per period | Annual tax less credits | ₱0.00 |
Demonstration layout. Actual tax results must use validated, effective-dated BIR rules and contribution schedules.
