Income Tax Brackets 2024 Philippines 2024. This bir tax calculator helps you easily compute your income tax, add up your monthly contributions, and give you your total net monthly income. Kpmg’s individual income tax rates table provides a view of individual income tax rates.
15% of the excess over php 250,000. Employees with annual income up to php 250,000 (or php 20,833 monthly) are still exempt from paying income tax.