TRAIN LAW TAX CALCULATOR
Effective January 1, 2018 to December 31, 2022
INSTRUCTION: Input amounts in the Monthly Basic Salary field
& other fields that apply.
REMARKS *Basic Salary
I JUST WANTED TO GIVE YOU THE IDEA AND FREEDOM Taxable Allowances
HOW TO MAKE THIS TAX CALCULATOR ON YOUR OWN Overtime Pay
Night Differential
THIS IS NOT THE SAME FORMULA WITH THE OWNER I JUST USE Holiday Pay
THE TEMPLATE SO THAT IT IS EASIER FOR YOU TO UNDERSTAND GROSS INCOME
AND MAKE YOUR OWN TEMPLATE IN NEAR FUTURE
SSS Contribution
FCJ EXCEL MAGIC PhilHealth Contribution
PagIBIG Contribution
HMO
Absences
Tardiness
Undertime
TOTAL DEDUCTIONS
CREDITS TO THE OWNER OF TEMPLATE
NOTE: THE FORMULA USE IN THIS TEMPLATE IS DIFFERENT FROM
THE OWNER I JUST MAKE MY OWN FORMULA TO SHOW YOU HOW
TO LINK THE VALUES TAXABLE INCOME
WITHHOLDING TAX
REMARKS
SHARING YOU THE FORMULA BY: FERNANDO CRUZ JR :) NET INCOME
TAX CALCULATOR
SEMI-MONTHLY MONTHLY
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EXEMPT EXEMPT
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SSS/PhilHealth/Pag-IBIG CONTRIBUTION CALCULATOR
Input your monthly salary credit.
Monthly Salary (input amount in monthly *Basic Salary) -
Employee SSS Contribution -
Employer SSS Contribution -
TOTAL CONTRIBUTION -
Employee PhilHealth Contribution -
Employer PhilHealth Contribution -
TOTAL CONTRIBUTION -
Employee Pag-IBIG Contribution -
Employer Pag-IBIG Contribution -
TOTAL CONTRIBUTION -
TAX TABLE Effective January 1, 2018 to December 31, 2022
Semi-Monthly Rate Monthly Rate
- - - - - -
10,417.00 - 0.20 20,833.00 - 0.20
16,667.00 1,250.00 0.25 33,333.00 2,500.00 0.25
33,333.00 5,416.67 0.30 66,667.00 10,833.33 0.30
83,333.00 20,416.67 0.32 166,667.00 40,833.33 0.32
333,333.00 100,416.67 0.35 666,667.00 200,833.33 0.35
IMPORTANT: Do not delete or alter this schedule so as not to distort the tax calculator.
SSS Contribution Schedule
1,000.00 36.30 83.70 110.00
1,250.00 54.50 120.50 165.00
1,750.00 72.70 157.30 220.00
2,250.00 90.80 194.20 275.00
2,750.00 109.00 231.00 330.00
3,250.00 127.20 267.80 385.00
3,750.00 145.30 304.70 440.00
4,250.00 163.50 341.50 495.00
4,750.00 181.70 378.30 550.00
5,250.00 199.80 415.20 605.00
5,750.00 218.00 452.00 660.00
6,250.00 236.20 488.80 715.00
6,750.00 254.30 525.70 770.00
7,250.00 272.50 562.50 825.00
7,750.00 290.70 599.30 880.00
8,250.00 308.80 636.20 935.00
8,750.00 327.00 673.00 990.00
9,250.00 345.20 709.80 1,045.00
9,750.00 363.30 746.70 1,100.00
10,250.00 381.50 783.50 1,155.00
10,750.00 399.70 820.30 1,210.00
11,250.00 417.80 857.20 1,265.00
11,750.00 436.00 894.00 1,320.00
12,250.00 454.20 930.80 1,375.00
12,750.00 472.30 967.70 1,430.00
13,250.00 490.50 1,004.50 1,485.00
13,750.00 508.70 1,041.30 1,540.00
14,250.00 526.80 1,078.20 1,595.00
14,750.00 545.00 1,135.00 1,650.00
15,250.00 563.20 1,171.80 1,705.00
15,750.00 581.30 1,208.70 1,780.00
YEARLY
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250,000.00 -
400,000.00 30,000.00
800,004.00 130,000.00
2,000,004.00 490,000.00
8,000,004.00 2,410,000.00
