Download as xlsx, pdf, or txt
Download as xlsx, pdf, or txt
You are on page 1of 3

PROGRESSIVE TAXE RATE

Taxable
Range Yearly Brackdown amount Monthly Brackdown
/Yearly
Gap

1st 0 524,160 524,160 0 43,680


2nd 524,161 1,428,000 903,839 43,680 119,000
3rd 1,428,001 2,700,000 1,271,999 119,000 225,000
4th 2,700,001 4,620,000 1,919,999 225,000 385,000
5th 4,620,001 7,260,000 2,639,999 385,000 605,000
6th 7,260,001 10,260,000 2,999,999 605,000 855,000
7th 10,260,001 13,908,000 3,647,999 855,000 1,159,000
8th 13,908,001 16,824,000 2,915,999 1,159,000 1,402,000
9th 16,824,001 22,956,000 6,131,999 1,402,000 1,913,000
10th 22,956,001 1,913,000

NEW PROGRESSIVE TAXE RATE 2019


Taxable
Range Yearly Brackdown amount Monthly Brackdown
/Yearly
Gap

1st 0 1,944,000 1,944,000 0 162,000


2nd 1,944,001 21,600,000 19,655,999 162,000.08 1,800,000
3rd 21,600,001 43,200,000 21,599,999 1,800,000.08 3,600,000
4th 43,200,001 3,600,000.08
IVE TAXE RATE
Taxable
amount Rate Corresponding tax Cumulative Tax
/Monthly due
Gap

43,680 0% 0 0
75,320 15% 11,298 11,298
106,000 20% 21,200 32,498
160,000 23% 36,000 68,498
220,000 25% 55,000 123,498
250,000 30% 75,000 198,498
304,000 33% 98,800 297,298
243,000 35% 85,050 382,348
511,000 38% 191,625 573,973
0 40% 0

SIVE TAXE RATE 2019


Taxable
amount Rate Corresponding tax Cumulative Tax
/Monthly due
Gap 1,965,106.85

162,000 0% 0 0 162,000.00 0.00


1,638,000 15% 245,700 245,700 1,638,000.00 245,700.00
1,800,000 30% 540,000 785,700 165,106.85 49,532.05
0 40% 0 295,232.05
15% 165,106.93
49532.079

283422.7719

You might also like