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Philippines - Sample Payslip
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Written by Steve Gardiner
Updated over a week ago


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1. Worker details

Original detail

Translation

Other notes

TIN

Taxpayer Identification Number (TIN)

A unique identification assigned to individuals and entities for tax purposes

SSS No.

Social Security system number

Social Security System (SSS) is a 10-digit unique number

Philhealth No.

Health insurance number

A unique identifier of numbers and letters for every Filipino citizen covered by the program.

You can find out your PhilHealth number by texting PHIC PIN Last Name,First Name Birthdate using the format (mmddyyyy) and sending it to 2960.

HDMF

Home Development Mutual Fund number

The Philippine Home Development Mutual Fund (HDMF), more popularly known as the Pag-IBIG Fund, was established to provide a national savings program and affordable shelter financing for Filipino workers


2. Pay table breakdown


3. Deductions breakdown

Original detail

Translation

Other notes

Tax

  • The personal income tax rate in the Philippines stands at 35 percent.

  • However, the actual tax rate depends on your taxable income and other factors.

  • The tax rates are progressive, meaning they increase as your income rises.


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SSS

The Social Security System (SSS) in the Philippines is a state-run social insurance program that provides coverage to workers.

PHIC

The Philippine Health Insurance Corporation (PhilHealth) is a national health insurance program for all Filipinos. Its purpose is to offer qualifying citizens health insurance that allows them to receive medical and hospital care from any recognized provider.

HDMF

Home Development Mutual Fund

The Philippine Home Development Mutual Fund (HDMF), more popularly known as the Pag-IBIG Fund, was established to provide a national savings program and affordable shelter financing for Filipino workers


4. Year to date breakdown


6. Net pay due to worker

Net pay


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