Philippines Income Tax Calculator (Annual, TRAIN 2023+)
This calculator estimates annual Philippine income tax using the graduated TRAIN schedule effective from 2023 onwards, based on annual taxable income.
- Instant results
- Free, no sign-up
- Localized for the Philippines
Enter your details
Estimated annual income tax
₱62,500.00
- Annual taxable income
- ₱600,000.00
- Net income after tax
- ₱537,500.00
- Effective tax rate
- 10.42%
- Marginal tax rate
- 20%
Updates instantly as you type.
How it works
Tax = base tax for bracket + (taxable income - bracket floor) × marginal rate
- Find your annual taxable income bracket.
- Take the bracket's fixed base tax amount.
- Compute the excess over the bracket floor.
- Multiply that excess by the bracket's marginal rate.
- Add base tax and marginal tax to get your annual income tax.
Rates effective: 2023-01-01
Examples
No tax at PHP 250,000
PHP 300,000 taxable income
PHP 600,000 taxable income
PHP 3,000,000 taxable income
Frequently asked questions
Does this calculator use the latest Philippine income tax table?
It uses the TRAIN annual graduated schedule effective from 2023. Always verify with the latest official BIR publication in case of legal updates or special rules that may apply to you.
What is annual taxable income?
Annual taxable income is the portion of your annual earnings subject to income tax after applying relevant exemptions and deductions under BIR rules.
Is this the same as monthly withholding tax?
Not exactly. This calculator estimates annual income tax from annual taxable income. Employer withholding is computed per payroll period and can differ due to payroll method, benefits, and year-to-date adjustments.
Can I rely on this result for filing?
Use this as an estimate only. Verify figures against current BIR issuances and consult a licensed tax professional for filing decisions.
How is Philippines Income Tax Calculator (Annual, TRAIN 2023+) calculated?
Tax = base tax for bracket + (taxable income - bracket floor) × marginal rate
Where does the data come from?
Figures are based on official sources: BIR Tax Information — Income Tax, Republic Act No. 10963 (TRAIN Law).
Official references
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