Semi-Monthly

DAYS TOTAL OVERTIME

NAME OF EMPLOYEE OF REGULAR RATE REGULAR DAY SUNDAY
WORK WAGE PER HOUR HRS Amount HRS Amount

Employee 1 13.00 11,013.15 8.00 1,058.96 -

Employee 2 13.00
Employee 3 13.00
Employee 4 13.00

Monthly

DAYS TOTAL OVERTIME

NAME OF EMPLOYEE OF REGULAR RATE REGULAR DAY SUNDAY
WORK WAGE PER HOUR HRS Amount HRS Amount

Employee 1 26.00 30,000.00 144.23 8.00

Employee 2 26.00 15,000.00 72.12 8.00
Employee 3 26.00 20,000.00 96.15 8.00
Employee 4 26.00 40,000.00 192.31 8.00
TIME SSS Loan MEAL TOTAL SSS / PAG-IBIG / SS LOAN BIR
REG HOLIDAY adjustment ALLOWACE AMOUNT PHIL HEALTH LOAN
HRS Amount Amount

- 260.00 12,332.11 581.30 735.13 738.32 -

TIME SSS Loan MEAL TOTAL SSS / PAG-IBIG / SS LOAN BIR

REG HOLIDAY adjustment ALLOWACE AMOUNT PHIL HEALTH LOAN
HRS Amount Amount
 NET
AMOUNT
PAID

10,277.36

NET
AMOUNT
PAID
ANNUAL

From To Fixed Rate

0 250,000.00 0 0
250,000.00 400,000.00 0 20%
400,000.00 800,000.00 30,000.00 25%
800,000.00 2,000,000.00 130,000.00 30%
2,000,000.00 8,000,000.00 490,000.00 32%
8,000,000.00 and above 2,410,000.00 35%

Note: RA 10963 totally removes personal exemptions while increasing the nontaxable other
benefits to P90,000 a year. This will be valid from January 1, 2018 upto December 31, 2022.
After that, tax will further decrease to, 0, 15%, 20%, 25%, 30%, 35% respectively. While 8M
bracket will retain its tax rate, its fixed tax will decrease to P2,202,500
 SEMI-MONTHLY

From To Fixed Rate

Compensation level - 20,833.33 - -
20,833.33 33,333.33 - 20%
33,333.33 66,666.67 2,500.00 25%
66,666.67 166,666.67 10,833.33 30%
166,666.67 666,666.67 40,833.33 32%
666,666.67 and above 200,833.33 35%
 Range of Monthly SS Contribution
Compensation Salary Credit ER EE Total
BELOW – 2,250 2,000 160 80 240
2,250 – 2,749.99 2,500 200 100 300
2,750 – 3,249.99 3,000 240 120 360
3,250 – 3,749.99 3,500 280 140 420
3,750 – 4,249.99 4,000 320 160 480
4250 – 4,749.99 4,500 360 180 540
4,750 – 5249.99 5,000 400 200 600
5,250 – 5,749.99 5,500 440 220 660
5,750 – 6,249.99 6,000 480 240 20
6,250 – 6,749.99 6,500 520 260 780
6,750 – 7,249.99 7,000 560 280 840
7,250 – 7,749.99 7,500 600 300 900
7,750 – 8,249.99 8,000 640 320 960
8,250 – 8,749.99 8,500 680 340 1,020.00
8.750 – 9,249.99 9,000 720 360 1,080.00
9,250 – 9,749.99 9,500 760 380 1,140.00
9,750 – 10,249.99 10,000 800 400 1,200.00
10,250 – 10,749.99 10,500 840 420 1,260.00
10,760 – 11,249.99 11,000 880 440 1,320.00
11,250 – 11,749.99 11,500 920 460 1,380.00
11,750 – 12,249.99 12,000 960 480 1,440.00
12,250 – 12,749.99 12,500 1,000.00 500 1,500.00
12,760 – 13,249.99 13,000 1,040.00 520 1,560.00
13,250 – 13,749.99 13,500 1,080.00 540 1,620.00
13,750 – 14,249.99 14,000 1,120.00 560 1,680.00
14,250 – 14,749.99 14,500 1,160.00 580 1,740.00
14,750 – 15,249.99 15,000 1,200.00 600 1,800.00
15,250 – 15,749.99 15,500 1,240.00 620 1,860.00
15,750 – 16,249.99 16,000 1,280.00 640 1,920.00
16,250 – 16,749.99 16,500 1,320.00 660 1,980.00
16,750 – 17,249.99 17,000 1,360.00 680 2,040.00
17,250 – 17,749.99 17,500 1,400.00 700 2,100.00
17,750 – 18,249.99 18,000 1,440.00 720 2,160.00
18,250 – 18,749.99 18,500 1,480.00 740 2,220.00
18,750 – 19,249.99 19,000 1,520.00 760 2,280.00
19,250 – 19,749.99 19,500 1,560.00 780 2,340.00
19,750 and above 20,000 1,600.00 800 2,400.00

Philhealth

Monthly Basic Monthly Personal Employer

Salary x 2.75% Premium Share Share
₱10,000 and below ₱275.00 ₱137.50 ₱137.50
₱10,000.01 to ₱275.00 to ₱137.50 to ₱137.50 to
₱39,999.99 ₱1,099.99 ₱549.99 ₱549.99

₱40,000 and above ₱1,100.00 ₱550.00 ₱550.00

Pag-ibig
The maximum monthly salary used for Pag-IBIG contribution computation is Php 5,000. This means if your mon
salary is Php 5,000 or higher, your contribution is computed as follows:
Employee’s share: Php 5,000 x 0.02 = Php 100
Employer’s share: Php 5,000 x 0.02 = Php 100
Regardless of your monthly salary and how much it will increase in the future—as long as it’s equal to or above
5,000—your salary deduction for monthly Pag-IBIG contribution will always be Php 100. Your employer is requir
to remit that amount plus the employer counterpart contribution worth Php 100. Your total monthly savings as
Pag-IBIG member is Php 200.
EC Contribution
ER
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
30
30
30
30
30
30
30
30
30
30
30
00. This means if your monthly

ng as it’s equal to or above Php

00. Your employer is required
r total monthly savings as a