Salary breakdown
Salary breakdown calculator
Enter a monthly salary. You see the whole waterfall in order: gross pay, each government share, the taxable income that is left, the withholding tax, and the net pay.
Use gross monthly pay before any deduction.
Common salaries
Taxable income used
₱22,925.00
Gross pay less the three employee shares. Annualised it is ₱275,100.00.
Same salary, other rules
Net pay
₱22,611.25
Total deductions
₱2,388.75
How it works
Follow the pay waterfall
This example uses one full month and no extra deductions.
Start with gross pay
The fixed monthly salary is ₱25,000.00. For a semi-monthly cutoff, the product splits fixed pay into two period amounts.
Remove employee government shares
Subtract SSS ₱1,250.00, PhilHealth ₱625.00, and Pag-IBIG ₱200.00. Employer shares do not reduce employee pay.
Find taxable income
₱25,000.00 − ₱1,250.00 − ₱625.00 − ₱200.00 = ₱22,925.00. Annual taxable income is ₱275,100.00.
Apply tax, then get net pay
Annual tax is ₱3,765.00. Monthly tax is ₱313.75. Net pay is ₱22,611.25.
Worked example
From ₱25,000.00 gross to net pay
Monthly view. No loans, company deductions, allowances, or other pay items.
Questions
What people ask about salary breakdowns
Why is taxable income lower than gross pay?
The product subtracts the employee SSS, PhilHealth, and Pag-IBIG shares before it computes withholding tax.
Do employer contributions reduce my pay?
No. Employer SSS, PhilHealth, Pag-IBIG, and EC amounts are employer costs. They do not reduce employee net pay.
Can the real payslip have more deductions?
Yes. Loans and configured monthly deductions can add more lines. This worked example has none.
Why can two cutoffs have different deductions?
The business can split government contributions across both cutoffs or take the full monthly amount on the first or last cutoff. Tax is still computed for each pay period.
A calculator is useful. A complete payroll is better.
Timekeep applies the same deduction order to every payslip and keeps employee shares separate from employer costs.