How to use the net pay calculator
- Enter your monthly basic salary from your contract or payslip.
- Add any non-taxable allowances you receive every month. They are paid to you but not taxed.
- Add other deductions such as salary loans if you want a realistic bank-deposit figure.
- Press Calculate to see each deduction and your estimated monthly and semi-monthly net pay.
Formula used
Taxable pay = Basic salary − (SSS + PhilHealth + Pag-IBIG employee share)
Withholding tax = TRAIN annual tax(Taxable pay × 12) ÷ 12
Net pay = Basic − contributions − tax + non-taxable allowances − other deductions
2026 contribution rates used
- SSS: 15% of the Monthly Salary Credit (₱5,000 to ₱35,000); employee pays 5%, employer 10%.
- PhilHealth: 5% of basic monthly salary, floor ₱10,000 and ceiling ₱100,000; split equally (2.5% employee).
- Pag-IBIG: 2% employee and 2% employer on a maximum monthly compensation of ₱10,000 (₱200 each); 1% employee share if pay is ₱1,500 or less.
TRAIN Law income tax table (2023 onwards)
| Annual taxable income | Tax due |
|---|---|
| ₱250,000 and below | 0% |
| ₱250,001 – ₱400,000 | 15% of excess over ₱250,000 |
| ₱400,001 – ₱800,000 | ₱22,500 + 20% of excess over ₱400,000 |
| ₱800,001 – ₱2,000,000 | ₱102,500 + 25% of excess over ₱800,000 |
| ₱2,000,001 – ₱8,000,000 | ₱402,500 + 30% of excess over ₱2,000,000 |
| Above ₱8,000,000 | ₱2,202,500 + 35% of excess over ₱8,000,000 |
Worked example: ₱30,000 monthly salary
- SSS employee share: 5% × ₱30,000 = ₱1,500
- PhilHealth employee share: 2.5% × ₱30,000 = ₱750
- Pag-IBIG employee share: ₱200
- Taxable pay: ₱30,000 − ₱2,450 = ₱27,550 → annual ₱330,600
- Annual tax: 15% × (₱330,600 − ₱250,000) = ₱12,090 → monthly ≈ ₱1,007.50
- Net take-home pay ≈ ₱26,542.50 per month, or about ₱13,271 per semi-monthly payday.
For a ₱20,000 salary, contributions total about ₱1,700, taxable pay is ₱18,300 (below the ₱20,833 threshold), so tax is zero and net pay is about ₱18,300.
Tips to read your payslip
Most companies pay twice a month and split deductions between the 15th and 30th cutoffs, so a single payslip may show only half of a contribution. Overtime, night differential and holiday pay increase taxable income in the month they are paid. If you change employers mid-year, ask for BIR Form 2316 so your new employer can annualize your tax correctly and avoid a big year-end deduction.