Philippines
Philippines calculators
With the values in force in the Philippines, the source of each one and the date we checked it.
Official data, updated automatically
An automated process checks the official sources every day. Rule changes go live after we verify them.
- Last review of the rules
- Latest automatic figure
- Consumer Price Index for all income households, all items, Philippines (2018=100),
- Official sources
- 15 official documents
Pay and work
Pay and extras
- Take-home pay calculator PhilippinesEnter your monthly basic salary and see what you actually receive after the three mandatory contributions and withholding tax.
- Minimum wage in the Philippines by regionEach region sets its own minimum wage through a wage order of its Regional Tripartite Wages and Productivity Board. Pick your region to see the current range.
- Overtime pay calculator PhilippinesWork beyond 8 hours a day is overtime and is paid with a premium on top of your hourly rate.
- Service incentive leave calculatorEvery employee with at least one year of service earns 5 days of leave with pay each year, called service incentive leave (SIL).
- Hourly to salary calculatorHow much is your salary per hour? What does an hourly offer come to per year? Enter an amount, pick the period and we show all the others.
- Pay raise calculatorYou have been offered a raise, or you are about to ask for one. Enter your pay and the raise, as a percentage or an amount, and see how much changes each month and year.
- Time card calculatorPick the start and end time for each day, your unpaid break and your hourly pay. We show total hours, overtime and your pay for the week.
Taxes
- Income tax calculator PhilippinesEnter what you earned in the year and see the income tax due under the graduated rates of the Tax Code.
- 8% income tax vs graduated ratesIf you are self-employed or a professional and your gross sales stay under ₱3,000,000, you can pay 8% on your receipts instead of the graduated rates and the percentage tax.
- SSS contribution calculatorEnter your monthly compensation and see the SSS contribution for you and your employer, using the schedule of SSS Circular No. 2024-006.
- Employer cost calculatorHiring someone costs more than the salary. Employers also pay their share of three mandatory contributions every month.
- VAT calculator PhilippinesThe value-added tax in the Philippines is 12% of the gross selling price. Use this to split a price into its VAT and its net amount.
Money and indexes
Loans, savings and investing
- Loan calculatorBefore you sign for a loan, two numbers matter: what you pay each month and what the loan costs you in interest.
- APR to APY calculatorTwo offers with the same rate can cost different amounts. The difference is how often interest is charged or paid.
- Mortgage calculatorA mortgage is the biggest debt most households ever take on. It pays to see the full numbers before you talk to a lender.
- Rent vs buy calculatorComparing the mortgage payment with the rent is not enough. Buyers pay interest, upkeep and property tax, but they end up owning the home. Renters can keep the down payment invested.
- Compound interest calculatorWith compound interest, the interest is added to your balance and starts earning interest of its own. That is why savings grow faster and faster.
- Simple interest calculatorSimple interest is always worked out on the original principal: interest is not added to the balance during the term.
- Savings goal calculatorA trip, a car, a deposit on a home or a cushion for surprises. A goal with an amount and a date is much easier to hit.
- Retirement savings calculatorA state pension often is not enough to keep your standard of living. Savings of your own, even small ones, make a big difference if you start early.
- Credit card payoff calculatorA credit card is usually the most expensive debt you have. Paying only the minimum stretches it out for years and piles on interest.
- 50/30/20 budget calculatorThe 50/30/20 rule is a simple way to plan your month. Half goes to essentials, 30% to things you enjoy and 20% to savings.
- Emergency fund calculatorAn emergency fund is money set aside for what you can't plan for: losing your job, a health problem or an urgent home repair.
- Car cost calculatorMost people know what they spend on fuel. Few add up insurance, maintenance, parking and, above all, the value the car loses every year.
Business and self-employment
- ROI calculatorA 50% gain sounds great, but it is not the same over 2 years as over 10. To compare investments you need the return per year.
- Profit margin calculatorMargin and markup get mixed up all the time, and the difference can cost you money. Both measure the same profit, but against a different base.
- Break-even calculatorThe break-even point is the level of sales where a business neither makes nor loses money. Below it you lose, above it you start to profit.
- Freelance rate calculatorThe most common freelance mistake is taking the salary you would want as an employee and dividing it by 160 hours. That leaves out taxes, expenses, vacation and every hour you can't bill.
Other calculators
- Withholding tax calculatorYour employer deducts income tax from every payslip. Enter your taxable pay for one period and see how much should be withheld.
- 13th month pay tax calculatorYour 13th month pay and other benefits are tax-free up to ₱90,000 a year in total. Only the excess is taxed.
- Mixed income earner tax calculatorA mixed income earner has a salary and also earns from a business or a profession. Your salary is always taxed at graduated rates. For the business part you can choose.
- Percentage tax calculatorNon-VAT businesses and professionals pay a percentage tax on their gross sales or receipts every quarter.
- PhilHealth contribution calculatorEnter your monthly basic salary or income to see your PhilHealth premium and who pays it.
- Pag-IBIG contribution calculatorEnter your monthly compensation and see how much goes to your Pag-IBIG savings each month.
- Retirement pay calculator (RA 7641)If your company has no retirement plan, the Labor Code as amended by Republic Act No. 7641 sets a minimum retirement pay.
- Night differential calculatorEvery hour you work between 10 pm and 6 am earns a night shift differential of at least 10% of your regular wage.
- Holiday pay calculator PhilippinesPhilippine law pays more for work on holidays and rest days. The rate depends on the type of day and on whether it is also your rest day.
- Estate tax calculator PhilippinesSince the TRAIN law, the estate of a person who dies is taxed at a flat 6% of the net estate.
- Donor's tax calculator PhilippinesWhen you give money or property, you may owe donor's tax. The first ₱250,000 of gifts in a calendar year is exempt.