Rogationist College – Silang
College Department
Saint Anthony’s Boys Village, Inc.
Km. 52 Aguinaldo Highway
Lalaan II, Silang, Cavite
INCOME TAXATION
AEC34
Submitted by:
ABELEDA, Allyssa A.
Submitted to:
Dr. Armando Bañares
Updated tax rates table
Tax Schedule Effective January 1, 2018 until December 31, 2022
Not over P250,000
0%
Over P250,000 but not over P400,000
20% of the excess over P250,000
Over P400,000 but not over P800,000
P30,000 + 25% of the excess over P400,000
Over P800,000 but not over P2,000,000
P130,000 + 30% of the excess over
P800,000
Over P2,000,000 but not over P8,000,000
P490,000 + 32% of the excess over
P2,000,000
Over P8,000,000
P2,410,000 + 35% of the excess over
P8,000,000
Tax Schedule Effective January 1, 2023 and onwards
Over P250,000 but not over P400,000
15% of the excess over
Over P400,000 but not over P800,000
P22,500 + 20% of the excess over P400,000
Over P800,000 but not over P2,000,000
Over P2,000,000 but not over P8,000,000
P402,500 + 30% of the excess over
P2,000,000
Over P8,000,000
P2,202,500 + 35% of the excess over
P8,000,000
