GROSS COMPENSATION 201

Basic Salary 1,000,000 Income Brackets

De Minimis Benefits 61600 51600 -
13th Month Pay 83333.333333 250,000.00
Total 1,144,933 400,000.00
800,000.00
NONTAXABLE COMPENSATION 2,000,000.00
SSS Contributions 6975.6 8,000,000.00
PHIC Contributions 6600
HDMF Contributions 1200 De Minimis Benefits
De Minimis Benefits 51600 51600 Description
13th Month Pay and other benefits 93333.333333 90000 Medical Cash Allowance (P250 per month)
Total 159708.93333 Rice Subsidy (P2,000 per month)
NET TAXABLE COMPENSATION 985,224 Uniform and Clothing (per year)
ANNUAL TAX DUE 425,567 if/vlook Actual Medical Assitance (per year)
Laundry Allowance (P300 per month)
Christmas and Anniversary Gift (per year)
985,224 Total
800000 130000 855,224 0.3 256567.32

Employee Achievement Award given in ki

Daily Meal Allowance for overtime/grav

 2018 to 2022 SSS
Income Brackets Basic Tax Additional Tax
Range of Compensation
250,000.00 - 0%
400,000.00 - 20% 1000.00 1249.99
800,000.00 30,000.00 25% 1250.00 1749.99
2,000,000.00 130,000.00 30% 1750.00 2249.99
8,000,000.00 490,000.00 32% 2250.00 2749.99
2,410,000.00 35% 2750.00 3249.99
3250.00 3749.99
3750.00 4249.99
Limits Basis 4250.00 4749.99
lowance (P250 per month) ₱ 3,000.00 RR 11-2018 4750.00 5249.99
,000 per month) ₱ 24,000.00 RR 11-2018 5250.00 5749.99
thing (per year) ₱ 6,000.00 RR 11-2018 5750.00 6249.99
Assitance (per year) ₱ 10,000.00 RR 5-2011 6250.00 6749.99
nce (P300 per month) ₱ 3,600.00 RR 5-2011 6750.00 7249.99
nniversary Gift (per year) ₱ 5,000.00 RR 5-2011 7250.00 7749.99
₱ 51,600.00 non taxable 7750.00 8249.99
386567.32 8250.00 8749.99
8750.00 9249.99

evement Award given in kind (Per year) ₱ 10,000.00 RR 5-2011 9250.00 9749.99

25% Minimum
owance for overtime/graveyard shift RR 5-2011 9750.00 10249.99
Wage
10250.00 10749.99
10750.00 11249.99
11250.00 11749.99
11750.00 12249.99
12250.00 12749.99
12750.00 13249.99
13250.00 13749.99
13750.00 14249.99
14250.00 14749.99
14750.00 15249.99
15250.00 15749.99
15750.00 over
 SSS PhilHealth
Monthly Salary Social Security
Salary Range
Credit ER EE Total
1000 73.7 36.3 110 10000 and below
1500 110.5 54.5 165 10000.01 39999.99
2000 147.3 72.7 220 40000 and above
2500 184.2 90.8 275
3000 221 109 330
3500 257.8 127.2 385 Monthly
4000 294.7 145.3 440 Compensation
4500 331.5 163.5 495 1500 and below
5000 368.3 181.7 550 over 1500
5500 405.2 199.8 605
6000 442 218 660 The maximum monthly compensation used in computing emp
contributions is currently set at P5,000. this means that the ma
6500 478.8 236.2 715 contributions and employer counterpart per month are both c
7000 515.7 254.3 770
7500 552.5 272.5 825
8000 589.3 290.7 880
8500 626.2 308.8 935
9000 663 327 990

9500 699.8 345.2 1045

10000 736.7 363.3 1100

10500 773.5 381.5 1155

11000 810.3 399.7 1210
11500 847.2 417.8 1265
12000 884 436 1320
12500 920.8 454.2 1375
13000 957.7 472.3 1430
13500 994.5 490.5 1485
14000 1031.3 508.7 1540
14500 1068.2 526.8 1595
15000 1105 545 1650
15500 1141.8 563.2 1705
16000 1178.7 581.3 1760
 PhilHealth
Monthly Premium (Monthly Basic Equal Sharing
Salary x 2.75%) ER EE
275 137.5 137.5
275.02 to 1099.99 137.51 to 549.99 137.51 to 549.99
1100 550 550

Percentage of Monthly Compensation

EE share ER Share
1% 2%
2% 2%

um monthly compensation used in computing employee

ns is currently set at P5,000. this means that the maximum member
ns and employer counterpart per month are both currently at P100.