Tax Brackets For 2024 Philippines Single

Tax Brackets For 2024 Philippines Single. For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly). 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent.

This bir tax calculator helps you easily compute your income tax, add up your monthly contributions, and give you your total net monthly income. Here’s how that works for a single person earning $58,000 per year: