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Revised Withholding Tax Table: Daily 1 2 3 4 5 6

This document contains revised withholding tax tables for compensation effective January 1, 2023. The tables provide six compensation ranges for daily, weekly, semi-monthly and monthly pay periods. For each pay period and range, it lists the prescribed withholding tax amount and applicable tax rate to be applied to amounts over the minimum of the range.

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Maureen Pascual
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70 views2 pages

Revised Withholding Tax Table: Daily 1 2 3 4 5 6

This document contains revised withholding tax tables for compensation effective January 1, 2023. The tables provide six compensation ranges for daily, weekly, semi-monthly and monthly pay periods. For each pay period and range, it lists the prescribed withholding tax amount and applicable tax rate to be applied to amounts over the minimum of the range.

Uploaded by

Maureen Pascual
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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ANNEX “E”

REVISED WITHHOLDING TAX TABLE


Effective January 1, 2023 and onwards
DAILY 1 2 3 4 5 6
P 685 and P 685 – P 1,095 P 1,096 – P 2,191 P 2,192 – P 5,478 P 5,479 – P 21,917 P 21,918 and above
Compensation Range
below
Prescribed 0.00 0.00 P 61.65 P 280.85 P 1,102.60 P 6,034.00.30
Withholding Tax + 15% over P 685 + 20% over P 1,096 + 25% over P2,192 + 30% over P 5,479 + 35% over P 21,918
WEEKLY 1 2 3 4 5 6
P 4,808 P 4,808 – P 7,691 P 7,692 – P 15,384 P 15,385 – P 38,461 P 38,462 – P 153,845 P 153,846 and above
Compensation Range and
below
Prescribed 0.00 0.00 P 432.60 P 1,971.20 P 7,740.45 P 42,355.65
Withholding Tax + 15% over P 4,808 + 20% over P 7,692 + 25% over P 15,385 + 30% over P 38,462 + 35% over P 153,846
SEMI-MONTHLY 1 2 3 4 5 6
P 10,417 P 10,417 – P 16,666 P 16,667 – P 33,332 P 33,333 – P 83,332 P 83,333 – P 333,332 P 333,333 and above
Compensation Range and
below
Prescribed 0.00 0.00 P 937.50 P 4,270.70 P 16,770.70 P 91,770.70
Withholding Tax + 15% over P 10,417 + 20% over P 16,667 + 25% over P 33,333 + 30% over P 83,333 + 35% over P 333,333
MONTHLY 1 2 3 4 5 6
P 20,833 P 20,833 – P 33,332 P 33,333 – P66,666 P 66,667 – P 166,666 P 166,667 – P666,666 P 666,667 and above
Compensation Range and
below
Prescribed 0.00 0.00 P 1,875.00 P 8,541.80 P 33,541.80 P 183,541.80
Withholding Tax + 15% over P 20,833 + 20% over P 33,333 + 25% over P 66,667 + 30% over P 166,667 + 35% over P 666,667
ANNEX “E”

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