Salary Deductions

[rnsapinoso]

Hello Everyone, not sure if this is the right forum for this thread or a similar thread already exists.

Ask ko lang sana if the new Philippine tax system has already taken effect and if so paano na ang pag compute ng monthly income tax?

Also hingi sana ako ng idea how much is the monthly deduction for SSS, Philhealth, and Pagibig?

Thanks in advance!

[council]

Hello Everyone, not sure if this is the right forum for this thread or a similar thread already exists.

Ask ko lang sana if the new Philippine tax system has already taken effect and if so paano na ang pag compute ng monthly income tax?

Also hingi sana ako ng idea how much is the monthly deduction for SSS, Philhealth, and Pagibig?

Thanks in advance!

Income tax computation is the same as in the previous years. Only the exemption amount has changed.

Monthly deductions for SSS/PHIC is dependent on income.

[sambeydacolleyj]

Most deductions depend on your income. When budgeting, it's safe to assume that you'll lose at least 15% of your pay for the deductions (i.e., expect to receive only 85% of your income).