PHILIPPINES • PESO PLANNING

Philippines Income Tax Calculator

Estimate regular monthly compensation withholding or annual graduated income tax from taxable income. These are different calculations; choose the basis that matches your records.

Tax brackets used by this calculator

The monthly BIR withholding table and annual graduated schedule apply from 1 January 2023 onward. They use different thresholds; monthly withholding is not a final annual return calculation.

Monthly taxable compensation — Philippine pesos

Up to ₱20,833: zero withholding.
Above ₱20,833 and below ₱33,333: 15% of the excess over ₱20,833.
₱33,333 to below ₱66,667: ₱1,875 + 20% of the excess over ₱33,333.
₱66,667 to below ₱166,667: ₱8,541.80 + 25% of the excess over ₱66,667.
₱166,667 to below ₱666,667: ₱33,541.80 + 30% of the excess over ₱166,667.
₱666,667 and above: ₱183,541.80 + 35% of the excess over ₱666,667.

Annual taxable income — Philippine pesos

Up to ₱250,000: zero tax.
Above ₱250,000 to ₱400,000: 15% of the excess over ₱250,000.
Above ₱400,000 to ₱800,000: ₱22,500 + 20% of the excess over ₱400,000.
Above ₱800,000 to ₱2,000,000: ₱102,500 + 25% of the excess over ₱800,000.
Above ₱2,000,000 to ₱8,000,000: ₱402,500 + 30% of the excess over ₱2,000,000.
Above ₱8,000,000: ₱2,202,500 + 35% of the excess over ₱8,000,000.

Sources: BIR monthly withholding table and TRAIN Act annual schedule. Enter taxable income after applicable exclusions; this tool does not derive taxable income from gross salary.

How to use the Philippines Income Tax Calculator

Read the scope and choose the correct period and salary basis.
Enter amounts in Philippine pesos. Replace the example values with your own planning figures.
Select Calculate estimate, then compare each output with your records.

Worked example

For ₱50,000 of monthly taxable compensation, the monthly table gives ₱1,875 plus 20% of the excess over ₱33,333: ₱5,208.40. For ₱600,000 of annual taxable income, the annual schedule gives ₱22,500 plus 20% of ₱200,000: ₱62,500. The two results need not equal exactly after multiplying by twelve.

Method and limitations

Your gross pay, taxable compensation and net bank credit describe different amounts. Identify the pay period, separate exempt items and check the employee contributions or other allowable exclusions used by payroll. Entering your gross salary as taxable income can overstate the result. If you already have taxable compensation on a payslip, do not deduct the same contributions a second time.

The estimate does not perform annualization, calculate minimum-wage-earner exemptions, determine residence or citizenship, apply final taxes or special regimes, or prepare a return. Supplementary compensation, fringe benefits and unusual payments can require separate handling. The annual option is a graduated-rate illustration for income to which that schedule applies, not a freelancer 8% election calculator.

Read the Philippines Income Tax Guide for the assumptions, records to check and common differences.

Sources and review date

Reviewed 25 October 2026. Rules may change. This independent educational resource is not a BIR, SSS, PhilHealth, Pag-IBIG, DOLE or lender service. Confirm your circumstances and the applicable official schedule before acting.