Working days: 26 days

Working hours: 7 hours

daily rate ₱ 2,692.31 BENEFITS LIMIT RECEIVED EXCESS
Basic Salary a month ₱ 70,000.00 Uniform Allowance ₱ 6,000.00 ₱ 12,000.00 ₱ 6,000.00
Uniform Allowance ₱ 12,000.00 Medical Cash Allowance ₱ 3,000.00 ₱ 24,000.00 ₱ 21,000.00
Maternity Leave Benefit for 60 days ₱ 70,000.00 Christmas Gift ₱ 5,000.00 ₱ 24,000.00 ₱ 19,000.00
Average Overtime Pay a month ₱ 45,323.08 Laundry Allowance ₱ 3,600.00 ₱ 6,000.00 ₱ 2,400.00
Average Night Shift Differentiate a month ₱ 1,057.69 Perfect Attendance Award ₱ 5,000.00 ₱ 5,000.00 ₱ -
Average Holiday Pay a month ₱ 10,000.00 Vacation Leave ₱ 26,923.08 ₱ 35,000.00 ₱ 8,076.92
Average Premium Pay a month ₱ 7,076.92 Excess De Minimis Benefits ₱ 56,476.92
Monthly Average Service Charge ₱ 5,000.00 Add: Other Benefits
Medical Cash Allowance ₱ 24,000.00 13th Month Pay ₱ 58,333.33
th
13 Month Pay *Compute Non-Performance Based Award ₱ 11,000.00
Christmas Gift ₱ 24,000.00 Total Excess DM and OB ₱ 125,810.26
Laundry Allowance a month ₱ 500.00 Less: Non-taxable Treshhold ₱ 90,000.00
Perfect Attendance Cash Award ₱ 5,000.00 Taxable DM and OB ₱ 35,810.26
Non-Performance Based Award ₱ 11,000.00
Monetized Vacation Leave 13 days
Regular Compensation:
Basic Salary ₱ 700,000.00
Supplementary Compensation: ₱ 453,230.80
Overtime Pay
Night Shift Differential ₱ 10,576.90
Holiday Pay ₱ 100,000.00
Premium Pay ₱ 70,769.20
Service Charge ₱ 50,000.00
GROSS COMPENSATION INCOME ₱ 1,384,576.90
₱ 138,457.69 Less: Allowable Benefits
SSS Premium ₱ 13,500.00
Philhealth Premium ₱ 31,152.98
HDMF Premium ₱ 1,000.00
Taxable RC and SC ₱ 1,338,923.92
Add: Taxable DM and OB ₱ 35,810.26
TOTAL TAXABLE COMPENSATION ₱ 1,374,734.18
TOTAL TAXABLE COMPENSATION ₱ 1,374,734.18
Lower Limit ₱ 800,000.00
Excess ₱ 574,734.18
Tax rate 25%
Tax on excess ₱ 143,683.54
Tax on base ₱ 102,500.00
Tax Due ₱ 246,183.54 ₱ 246,184.00

Total Withholding Tax ₱ 245,022.00 *assuming tax witheld of P24,502.00

Tax Due ₱ 246,184.00
Tax Payable -₱ 1,162.00