REVISED WITHHOLDING TAX TABLE

Effective January 1, 2018 to December 31, 2022

DAILY 1 2 3 4 5 6

Compensation Range P685 & below 685 1,096 2,192 5,479 21,918
0.00 82.19 356.16 1,342.47 6,602.74
Prescribed W/holding Tax 0.00 20% 25% P356.16 +30% over P2,192 32% 35%
over P685 over P1,096 over P5,479 over P21,918
WEEKLY 1 2 3 4 5 6

Compensation Range P4,808 & below 4,808 7,692 15,385 P38,462 - P153,845 P153,846 and above
0.00 576.92 2,500 9,423.08 46,346.15
Prescribed W/holding Tax 0.00 20% 25% 30% 32% 35%
over P4,808 over P7,692 over P15,385 over P38,462 over P153,846
SEMI-MONTHLY 1 2 3 4 5 6

Compensation Range P10,417 & below 10,417 16,667 33,333 83,333 333,333
0.00 1,250 5,417.67 20,416.67 100,416.67
Prescribed W/holding Tax 0.00 20% 25% 30% 32% 35%
over P10,417 over P16,667 over P33,333 over P83,333 over P333,333

MONTHLY 1 2 3 4 5 6

Compensation Range P20,833 & below 20,833 33,333 66,667 166,667 666,667
0.00 2,500 10,833 40,833 200,833.33
Prescribed W/holding Tax 20% 0 30& 0 0.35
0.00 over P20,833 over 33,333 over P66,667 over P166,667 over P666,667

ANNUAL TAX TABLE

EFFECTIVE DATE JANUARY 1, 2018 to DECEMBER 31, 2022

Not over P250,000 0%

Over P250,000 but not over P400,000 20% of the excess over P250,000
Over P400,000 but not over P800,000 P30,000 + 25% of the excess over P400,000
Over P800,000 but not over P2,000,000 P130,000 + 30% of the excess over P800,000
Over P2,000,000 but not over P8,000,000 P490,000 + 32% of the excess over P2,000,000

Over P8,000,000 P2,410,000 + 35% of the excess over P8,000,000