P250,000 tax exemption para sa lahat, batas na
Kahit magkano pa ang kinikita, awtomatikong P250,000 na ang nakatakdang tax exemption o libreng buwis.
TAX SCHEDULE EFFECTIVE JANUARY 18, 2018
NOT OVER 250,000 --- 0%
OVER 250,000 BUT NOT OVER 400,000 --- 20% OF EXCESS OVER 250,000
OVER 400,000 BUT NOT OVER 800,000 --- 30,000 + 25% OF EXCESS OVER 400,000
OVER 800,000 BUT NOT OVER 2 MILLION --- P130,000 + 30% OF EXCESS OVER P800,000
OVER 2 MILLION BUT NOT OVER 8 MILLION --- P490,000 + 32% OF EXCESS OVER P 2 MILLION
NOT OVER 250,000 --- 0%
OVER 250,000 BUT NOT OVER 400,000 --- 20% OF EXCESS OVER 250,000
OVER 400,000 BUT NOT OVER 800,000 --- 30,000 + 25% OF EXCESS OVER 400,000
OVER 800,000 BUT NOT OVER 2 MILLION --- P130,000 + 30% OF EXCESS OVER P800,000
OVER 2 MILLION BUT NOT OVER 8 MILLION --- P490,000 + 32% OF EXCESS OVER P 2 MILLION