Personal and additional exemption taxable income

Personal Exemptions Total

Single P35,000
Head of the Family P37,500
Married P41,000

Additional Exemption-maximum of 4 children

Every Qualified 16,500
Dependent Children

Tax Rate

A. For Individuals Earning Purely Compensation

Income and Individuals Engaged in Business and
Practice of Profession

Amount of Net Taxable

Rate
Income
Over But Not Over
P10,000 5%
P10,000 P30,000 P500 + 10% of the Excess over P10,000
P30,000 P70,000 P2,500 + 15% of the Excess over P30,000
P70,000 P140,000 P8,500 + 20% of the Excess over P70,000
P140,000 P250,000 P22,500 + 25% of the Excess over P140,000
P250,000 P500,000 P50,000 + 30% of the Excess over P250,000
P500,000 P125,000 + 32% of the Excess over P500,000 in 2000 and onward

Note: When the tax due exceeds P2,000.00, the taxpayer

may elect to pay in two equal installments, the first
installment to be paid at the time the return is filed and the
second installment 15 of the same year at on or before July
the Authorized Agent Bank (AAB) within the jurisdiction of
the Revenue District Office (RDO) where the taxpayer is
registered.
 https://www.bir.gov.ph/index.php/rulings-and-
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 TAX TABLE
If Taxable Income is: Tax Due is: If Taxable Income i

Not over P 10,000 5%

Over P 10,000 but not over P 30,000 P 500 + 10 % of the excess over P 10,000 Over P 140,000 but not over P
Over P 30,000 but not over P 70,000 P 2,500 + 15 % of the excess over P 30,000 Over P 250,000 but not over P
Over P 70,000 but not over P 140,000 P 8,500 + 20 % of the excess over P 70,000 Over P 500,000

Personal and additional exemption

For taxable year 2008, the following transitory personal and additional
exemptions shall be used:
Personal Exemption Total
Single P35,000
Head of the Family P37,500
Married P41,000

Additional Exemption-maximum of 4 children

Every Qualified 16,500
Dependent Children