Tax Brackets 2024 Philippines. Use the bir tax table in 2024 to determine the tax rate applicable to your taxable income. Clarifying certain issues on the filing of monthly documentary stamp tax declaration by electronic documentary stamp tax (edst) taxpayers using bir form no.
Employees with annual earnings above php 250,000 to php 8,000,000 (or over php 20,833 to php 666,666 monthly) have lower tax rates ranging from 15% to 30%, from 20% to 32%. 15% of the excess over php 250,000.
