1. What is Salary Tax Ni Calculator?

The Salary Tax Ni Calculator Philippines computes the mandatory deductions from your monthly salary in the Philippines, including Income Tax, SSS, PhilHealth, and Pag-IBIG contributions.

2. How Does the Calculator Work?

The calculator uses the following formulas:

Where:

• Income Tax - Based on progressive tax brackets
• SSS - Social Security System contribution (approx. 4.5% of salary)
• PhilHealth - Health insurance contribution (4% of salary)
• Pag-IBIG - Home Development Mutual Fund (PHP 100 for salaries ≥ PHP 5,000)

3. Importance of Tax Calculation

Details: Understanding your salary deductions helps in financial planning and ensures compliance with Philippine tax laws and social security requirements.

4. Using the Calculator

Tips: Enter your gross monthly salary in PHP. The calculator will compute all mandatory deductions and show your net take-home pay.

5. Frequently Asked Questions (FAQ)

Q1: Are these calculations exact?
A: This provides estimates. Actual deductions may vary slightly based on specific employer implementations.

Q2: When are these deductions taken?
A: Typically deducted monthly by your employer and remitted to the respective agencies.

Q3: Are there exemptions?
A: Some special employment arrangements may have different contribution rules.

Q4: How often are contribution rates updated?
A: Rates may change annually or as mandated by law.

Q5: Can I contribute more than required?
A: For SSS and Pag-IBIG, voluntary higher contributions are possible with certain limits.