Philippines Personal Income Tax Calculator

Calculate Philippines income tax under TRAIN Law rates (RA 10963) effective 2023 onwards: 0% on PHP 0–250,000; 15% on PHP 250,001–400,000; 20% on PHP 400,001–800,000; 25% on PHP 800,001–2,000,000; 30% on PHP 2,000,001–8,000,000; 35% above PHP 8,000,000.

Principal ($)
Annual Rate (%)
Years
Compounding / Year
$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.
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How to Use

Enter the values for the scenario you are assessing. Calculate Philippines income tax under TRAIN Law rates (RA 10963) effective 2023 onwards: 0% on PHP 0–250,000; 15% on PHP 250,001–400,000; 20% on PHP 400,001–800,000; 25% on PHP 800,001–2,000,000; 30% on PHP 2,000,001–8,000,000; 35% above PHP 8,000,000. Use the philippines income tax result to inform your calculation.

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Frequently Asked Questions