Managed Payroll Services in Philippines

  • Payroll Processing Philippines

  • Fund Management Philippines

Our Philippines-based payroll outsourcing provides a personable and reassuring service to your local business, from auditing past payroll, through onboarding and parallel runs to computation and reporting of month and year end.

Our services in Philippines include:

  • Full end to end payroll including FBT, adjustments, overtime, expenses etc
  • Range of payslips including both electronic and carbon based
  • Full statutory compliance including reporting and audit management
  • Monthly reports and government returns including SSS, PhilHealth, HDMF
  • Monthly tax computation and compliance to BIR
  • Claims processing maternity and medical
  • SSS and HDMF loans processing
  • Year-end Alpha List computation and reporting to BIR

Are you looking for someone to apply for your employee work permits? Take a look at our Work Permit Management services.

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Social Security Scheme

The Social Security System (SSS) is a social insurance program, protecting employees in the event of death, disability, sickness, maternity and old age. Additionally, all SSS-registered employers and their employees are compulsorily covered under the Employees’ Compensation (EC) Program. The SSS requires contribution from both the employer and employee, where the employee’s portion will be deducted from the employee’s salary. Only the employer is required to contribute monthly to the EC on behalf of the employees. In addition, there is a Government Service Insurance System (GSIS). The contributions are made from the government and members, where members’ contributions are deducted from their salary.


Philippines Tax

The Bureau of Internal Revenue (BIR) is the main authority for collecting taxes in the Philippines.


Corporate Income Tax

For domestic companies, the income derived from sources within and outside the Philippines is taxable. Resident and non-resident foreign corporations’ receiving income from sources within the Philippines is taxable. The corporate income tax rate is 30%, based on net taxable income.


Individual Income Tax

Income from sources within or outside the Philippines received by the resident citizens is taxable. Additionally, non-resident citizens receiving income from sources within the Philippines are taxed. Aliens, whether resident or not are taxed in the same manner as resident citizens on income derived from sources within the Philippines.


Individual Income Tax Rates

Net Taxable Income Rate (%)
Over But Not Over
P0 P10,000 5%
P10,000 P30,000 P500 + 10% of the Excess over P10,000
P30,000 P70,000 P2,500 + 15% of the Excess over P30,000
P70,000 P140,000 P8,500 + 20% of the Excess over P70,000
P140,000 P250,000 P22,500 + 25% of the Excess over P140,000
P250,000 P500,000 P50,000 + 30% of the Excess over P250,000
P500,000 P125,000 + 32% of the Excess over P500,000 in 2000 and onward


Other Taxes

  • Value Added Tax (VAT)is an indirect tax that can be passed on to the buyer. It is imposed on the sale, exchange or barter of goods and properties at a rate of 12% of the gross selling price or gross value in money.
  • There is also a 12% VAT on the gross receipts from the sale or exchange of services and use or lease of properties, as well as the import of goods.
  • As for export sales and other zero-rated sales, there is a 0% VAT.
  • The other taxes include a Documentary Stamp Tax on certain documents, Donor's Tax on donations or gifts, as well as Capital Gains Tax on the gains realized by the seller from the sale, exchange, or disposition of capital assets located in the Philippines.
Managed Payroll Services