The bigger the gross income or salary, the bigger the deductions. This is an inescapable fact. So, before you sign that Job Offer, make sure that your net income or salary is within your ideal range.
What is right... what is wrong... you can't easily tell the difference. That's why you must keep thinking, whether what you are doing is right or not. That act itself, alone, can be called right. - Koutarou Amon
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Philippine Tax Withholding Calculator for 2022
In 2020, I created an income tax calculator to help compute your estimated monthly withholding tax. The intent was to give you an estimate of your remaining salary after all the tax deductions.
PhilHealth Contribution Calculator for 2022
Effective January 2022, PhilHealth will still retain its 3% premium rate from the year 2020 instead of using the planned 4% increase for 2022. The lowest combined (employer-employee) contribution amount will be Php300, while the ceiling contribution is Php1800.
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