Salary Calculator Philippines 2024 — SSS, PhilHealth, Pag-IBIG

Three mandatory deductions sit between gross and net

Every Philippine salaried worker contributes to three separate systems before income tax is calculated. The Social Security System (SSS) funds pensions, sickness benefits, maternity leave, and disability coverage. PhilHealth is the national health insurance program. The Pag-IBIG Fund (Home Development Mutual Fund) is a savings and housing-loan scheme. How much they take, and how that share moves as your salary rises, is not what most people expect.

Caps make these deductions unlike income tax

SSS contributions are capped at PHP 1,125 per month (or PHP 13,500 annually). PhilHealth is capped at PHP 2,500 per month (PHP 30,000/year). Pag-IBIG is capped at PHP 200 per month (PHP 2,400/year). Income tax has no cap. This creates a counterintuitive pattern: as salary rises, these three contributions shrink as a percentage of gross pay, while income tax grows. A worker earning PHP 1M annually pays the same Pag-IBIG amount as one earning PHP 5M, but far more in income tax. Use the calculator above to see this spread widen as you adjust income.

Contributions lower your taxable income

The mandatory deductions come off before income tax is computed. This means the effective cost of each contribution is lower than its headline rate. A PHP 13,500 SSS contribution saves PHP 2,025 in income tax at a 15% marginal rate, so the real cost to you is PHP 11,475. The calculator shows the full breakdown: gross, each deduction, tax computed on what remains, and final net pay. See our income tax calculator for a deeper look at the tax slabs themselves.

Verify these figures with your HR or the BIR

Contribution rates and caps are revised by SSS, PhilHealth, and Pag-IBIG periodically. Employers may offer separate loans, flexible-contribution classes, or company-matched benefits not modelled here. The 8% flat-tax option open to some self-employed and professional taxpayers is not covered. Always confirm your deductions with your payroll department or consult the Bureau of Internal Revenue if your take-home differs significantly from the calculator's estimate.