Ms.

Pastillas
For the period August 2015

Basic Pay P xx
Add:
Overtime P xx
Night Diff. xx

Typical
Holiday Pay xx xx
Gross Pay xx
Less:
Tardiness xx

payroll Undertime
Leave w/o pay
Adjustments
xx
xx
xx

computation
SSS Dues xx
Pag-ibig Dues xx
Philhealth Dues xx xx
Taxable Income xx

format Less:
W/Holding tax
SSS Loan
xx
xx
Pag-ibig Loan xx
Advances/vale xx
Union Dues xx xx
Add:
Allowances xx
Comissions xx xx
Net Pay P xx
 Holiday Pay

Regular holiday: x200% (minimum wage x 200%)

Addition to basic rate
• Rest day or Special day: +30%
(basic rate x 130%)
• Special day falling on a scheduled rest day: +50%
(basic rate x 150%)
• Regular holiday falling on a scheduled rest day: +30%
(basic rate x 260%)
 Overtime Pay
Addition to hourly rate
• Ordinary working days: +25%
(hourly rate x 125% x number of hours OT work)
• Rest day or Special day: +30%
(hourly rate x 130% x 130% x number of hours OT work)
• Special day falling on a scheduled rest day: +50%
(hourly rate x 150% x 130% x number of hours OT work)
• Regular holiday: +30%
(hourly rate x 200% x 130% x number of hours OT work)
• Regular holiday falling on a scheduled rest day: +30%
(hourly rate x 260% x 130% x number of hours OT work)
 Night Shift Differential
Work on: Pay equals:
Ordinary day 1 x 1.1 = 1.1 or 110%
Rest day/special day 1.3 x 1.1 = 1.43 or 143%
Special day, rest day 1.5 x 1.1 = 1.65 or 165%
Regular Holiday 2 x 1.1 = 2.2 or 220%
Regular Holiday, rest day 2.6 x 1.1 = 2.86 or 286%
OVERTIME
Ordinary day 1 x 1.1 x 1.25 = 1.375 or 137.5%
Rest day/special day 1.3 x 1.1 x 1.3 = 1.859 or 185.9%
Special day, rest day 1.5 x 1.1 x 1.3 = 2.145 or 214.5%
Regular Holiday 2 x 1.1 x 1.3 = 2.86 or 286%
Reg. Holiday, rest day 2.6 x 1.1 x 1.3 = 3.718 or 371.8%
SSS Contribution Table 2015
.
SSS Contribution Table 2015

11% Of monthly salary credit

Total Contribution =
not exceeding P16,000
Where: 7.37% from employer
3.63% from employee

Total Contribution = P 12,000 x 11% = P 1,320.00

Employer = 12,000 x 7.37% = P 884.00
Employee= 12,000 x 3.63% = P463.00
 GSIS Contribution
.
Pag-IBIG Monthly Contribution

Employee share: Employer share:

P 1,500 x 1% = P 15.00 P 1,500 x 2% = P 30.00
P 2,000 x 2% = P 40.00 P 2,000 x 2% = P 40.00
P 5,000 x 2% = P 100.00 P 5,000 x 2% = P 100.00
Philhealth Premium Contribution
Table 2015

.
 Philhealth Premium Contribution
Table 2015
*Employee share represents
half of the total
monthly premium
while the other half
is shouldered by the
employer.
2.5% of Salary Base not
Total Monthly Premium =
exceeding 35,000

Total Monthly Premium = P 12,000 x 2.5% = P 300.00

Employee share = P 300 / 2 = P 150.00
Employer share = P 300 / 2 = P 150.00
 Ms. Pastillas
For the period August 2015

Basic Pay P xx
Add:
Overtime P xx
Night Diff. xx

Typical
Holiday Pay xx xx
Gross Pay xx
Less:
Tardiness xx

payroll Undertime
Leave w/o pay
Adjustments
xx
xx
xx

computation
SSS Dues xx
Pag-ibig Dues xx
Philhealth Dues xx xx
Taxable Income xx

format Less:
W/Holding tax
SSS Loan
xx
xx
Pag-ibig Loan xx
Advances/vale xx
Union Dues xx xx
Add:
Allowances xx
Comissions xx xx
Net Pay P xx
 Ms. Pastillas
For the period August 2015

Basic Pay P12,000.00

Add:
Overtime P0.00
Night Diff. -

Typical
Holiday Pay - -
Gross Pay 12,000.00
Less:
Tardiness -

payroll Undertime
Leave w/o pay
Adjustments
-
-
-

computation
SSS Dues 463.00
Pag-ibig Dues 100.00
Philhealth Dues 150.00 713.00
Taxable Income 11,287.00

format Less:
W/Holding tax
SSS Loan
-
-
Pag-ibig Loan -
Advances/vale -
Union Dues - -
Add:
Allowances -
Comissions - -
Net Pay -
 Withholding Tax Tables
*
 Withholding Tax Tables

[(Taxable Income - Bracket or Exemption) x %over]

Withholding Tax =
+ Bracket Tax or Base Tax
= [(P11,287 – 10,000) x 20%] + 708.33
= [(1,287) x 20%] + 708.33
= [257.40] + 708.33
= P 965.73
 Ms. Pastillas
For the period August 2015

Basic Pay P12,000.00

Add:
Overtime P0.00
Night Diff. -

Typical
Holiday Pay - -
Gross Pay 12,000.00
Less:
Tardiness -

payroll Undertime
Leave w/o pay
Adjustments
-
-
-

computation
SSS Dues 463.00
Pag-ibig Dues 100.00
Philhealth Dues 150.00 713.00
Taxable Income 11,287.00

format Less:
W/Holding tax
SSS Loan
-
-
Pag-ibig Loan -
Advances/vale -
Union Dues - -
Add:
Allowances -
Comissions - -
Net Pay -
 Ms. Pastillas
For the period August 2015

Basic Pay P12,000.00

Add:
Overtime P0.00
Night Diff. -

Typical
Holiday Pay - -
Gross Pay 12,000.00
Less:
Tardiness -

payroll Undertime
Leave w/o pay
Adjustments
-
-
-

computation
SSS Dues 463.00
Pag-ibig Dues 100.00
Philhealth Dues 150.00 713.00
Taxable Income 11,287.00

format Less:
W/Holding tax
SSS Loan
965.73
-
Pag-ibig Loan -
Advances/vale -
Union Dues - 965.73
Add:
Allowances -
Comissions - -
Net Pay P10,321.27
FIN.