Here’s your new Take-Home Pay under TRAIN Tax Reform

Pinoy Money Talk

Do you want to know how much your new take-home pay is under the approved TRAIN tax reform law of the Philippines?

We provide below an income tax table which shows:

  • (1) how much tax is currently being deducted from your salary per month; and
  • (2) how much the new tax will be beginning January 2018 under the Tax Reform for Acceleration and Inclusion (TRAIN) program approved into law by Pres. Rodrigo Duterte

You’ll then get to see how much your salary will increase by the additional take-home pay to be given to you because of the reduced income tax rates under the approved tax reform.


(UPDATE): We compiled all articles related to the TRAIN law on this page: TRAIN Law and BIR Tax Implementing Guidelines. Click the link to access BIR’s implementing rules and regulations and examples of how to compute applicable taxes.


Additional Take-Home Pay under TRAIN Tax Reform

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* * * UPDATED resources on the approved TRAIN Tax Reform below:

We provide below a more comprehensive tax table showing the additional take-home pay for monthly salaries up to P250,000. Here’s how to read the tax table:

  1. Look for the row closest to the amount of gross salary you’re receiving per month.
  2. Check the corresponding next column which shows how much withholding tax is currently being deducted from your salary.
  3. The next column “Monthly Tax in 2018 (under Tax Reform)” shows the expected amount of income tax that will be deducted from your salary beginning January 2018.
  4. Finally, the column “Additional Take-Home Pay per Month” shows your tax savings, that is, how much incremental salary you will receive as additional take-home pay due to the implementation of the reduced personal income tax rates.

Income Tax Table: Additional Take-Home Pay under TRAIN

Monthly SalaryMonthly Tax in 2017 (Current)Monthly Tax in 2018 (under Tax Reform)Additional Take-Home Pay per Month (under 2018 Tax Reform)
P10,000620.090620.09
P15,000 1,541.830 1,541.83
P20,000 2,683.840 2,683.84
P25,000 3,918.22634.57 3,283.65
P30,000 5,353.531,624.57 3,728.96
P35,000 6,853.532,655.72 4,197.81
P40,000 8,331.03 3,886.97 4,444.06
P45,000 9,831.03 5,136.97 4,694.06
P50,000 11,391.98 6,386.97 5,005.01
P55,000 12,991.98 7,636.97 5,355.01
P60,000 14,591.98 8,886.97 5,705.01
P65,000 16,191.98 10,136.97 6,055.01
P70,000 17,791.98 11,497.69 6,294.29
P75,000 19,391.98 12,997.69 6,394.29
P80,000 20,991.98 14,497.69 6,494.29
P85,000 22,671.98 15,997.69 6,674.29
P90,000 24,405.32 17,497.69 6,907.63
P95,000 26,138.65 19,122.69 7,015.96
P100,000 27,871.98 20,747.69 7,124.29
P105,000 29,605.32 22,372.69 7,232.63
P110,000 31,338.65 23,997.69 7,340.96
P115,000 33,071.98 25,622.69 7,449.29
P120,000 34,805.32 27,247.69 7,557.63
P125,000 36,538.65 28,872.69 7,665.96
P130,000 38,271.98 30,497.69 7,774.29
P135,000 40,005.32 32,122.69 7,882.63
P140,000 41,738.65 33,747.69 7,990.96
P145,000 43,471.98 35,372.69 8,099.29
P150,00045,205.3236,997.69 8,207.63
P155,00046,938.6538,622.698,315.96
P160,00048,671.9840,247.698,424.29
P165,00050,405.3241,941.988,463.34
P170,00052,138.6543,675.328,463.33
P175,00053,871.9845,408.658,463.33
P180,00055,605.3247,141.988,463.34
P185,00057,338.6548,875.328,463.33
P190,00059,071.9850,608.658,463.33
P195,00060,805.3252,341.988,463.34
P200,00062,538.6554,075.328,463.33
P205,00064,271.9855,808.658,463.33
P210,00066,005.3257,541.988,463.34
P215,00067,738.6559,275.328,463.33
P220,00069,471.9861,008.658,463.33
P225,00071,205.3262,741.988,463.34
P230,00072,938.6564,475.328,463.33
P235,00074,671.9866,208.658,463.33
P240,00076,405.3267,941.988,463.34
P245,00078,138.6569,675.328,463.33
P250,00079,871.9871,408.658,463.33

Source: BIR Tax Calculator and ABS-CBN Pinoy Tax Reform Calculator

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Pinoy Money Talk is an educational website about money, banking, investments, and personal finance which started in 2005. Its group of five writers consists of one equity research analyst, one fintech startup owner, one finance educator, and two investment professionals.