Which schedule the tool uses
The annual compensation calculator uses the graduated schedule effective from 2023. The first ₱250,000 of annual taxable compensation is in the zero-tax band.
What to enter
Use annual taxable compensation from payroll or Form 2316, after applicable non-taxable amounts and mandatory contributions. Gross monthly salary is not the same input.
What to do next
Compare the estimate with payroll’s annual reconciliation. Tax credits and tax already withheld are separate from this calculation.
Scope
This tool is not for freelance/business tax, monthly take-home pay, or non-resident tax cases.
Official reference
Read original on BIR ↗Independent reading summary. An editorial review date is not a publication or effective date.
