Académique Documents
Professionnel Documents
Culture Documents
Exclusions/deductions Exclusions/deductions
Personal exemption of No personal/additional 2% for up to Php 600,000 4% for up to Php 600,000
Php 50,000 and exemption
Php 25,000/dependent Php 12,000 + 20% of 10% for over Php 600,000 to
Tax-exempt bonus - Tax-exempt bonus - excess over Php 600,000 Php 1 M
Php 82,000 Php 90,000
Employees of RHQ, ROHQ, Employees of RHQ, ROHQ, Php 112,00 + 40% 20% for over Php 1 M
OBU, and Petroleum Service OBU, and Petroleum Service of excess over Php 1.1 M to Php 4 M
Contractors - 15% Contractors registered by
Jan. 1, 2018 - 15% Php 512,000 + 60% Automobiles 50% for over Php 4 M
Deadline for 1st quarter and
Individual Deadline for 1st quarter and
of excess over Php 2.1 M
Annual ITR - April 15 Income Annual ITR - May 15
Deadline for 2nd Installment Deadline for 2nd Installment Excise tax of Php 31.20 Php 32.50 - Jan. 2018
of annual Income Tax Due - of annual Income Tax Due - per pack Php 35.00 - Jan. 2019
July 15 Oct. 15 Php 37.50 - Jan. 2020
Php 40.00 - Jan. 2022
FBT rate - 32% FBT rate - 35%
4% annual increase 4% annual increase
Cigarettes
PCSO & Lotto winnings - PCSO & Lotto - taxable above
Excise tax of Php 10.00 Php 50.00 - 2018
exempt Php 10,000
per metric ton of coal Php 100.00 - 2019
Interest on FCDU deposits - FCDU deposits - 15% Php 150.00 - 2020
7.5% Various rates on other 100% increase in rate for other
minerals minerals
CGT on unlisted shares - CGT on unlisted shares sold
5% or 10% by individuals and domestic Coal/Minerals
corporations - 15%
Passive
STT on listed shares - Income STT on listed shares -
5% on cosmetic procedures
0.50 of 1% 0.60 of 1% NONE
for aesthetic reasons