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News
World Bank maintains 2026 Philippine growth forecast at 3.7%Reuters|Philippine economy can handle one more rate hike, Remolona saysBloomberg|BSP: Peso can’t be fixed at P60 vs the dollarInquirer|DOLE: Sustained employment translates to opportunities for FilipinosPhilippine News Agency|BPOs overtake OFW remittances as biggest growth engine, drive property demandABS-CBN News|Unemployment rises slightly to 4.9% as fresh grads struggle to find jobsRappler|Philippine economy slows to 2.3% in Q2 2026, weakest since 2009Rappler|Trade deficit widened by 35% in JulyInquirer|Record-low peso hurting Filipino consumersInquirer|Peso weakens further, breaches 62:$1 levelInquirer|SSS investment income seen to hit P71.4 billion by year-endPhilStar|Data center boom to yield small gains for PhilippinesPhilStar|Analysts see scope for one more BSP rate hikePhilStar|Peso hits record low for fourth straight session as PSEi fallsRadar|PSEi falls, peso hits record low as Middle East tensions flarePhilippine News Agency|Stocks dip as peso continues to depreciatePhilStar|World Bank maintains 2026 Philippine growth forecast at 3.7%Reuters|Philippine economy can handle one more rate hike, Remolona saysBloomberg|BSP: Peso can’t be fixed at P60 vs the dollarInquirer|DOLE: Sustained employment translates to opportunities for FilipinosPhilippine News Agency|BPOs overtake OFW remittances as biggest growth engine, drive property demandABS-CBN News|Unemployment rises slightly to 4.9% as fresh grads struggle to find jobsRappler|Philippine economy slows to 2.3% in Q2 2026, weakest since 2009Rappler|Trade deficit widened by 35% in JulyInquirer|Record-low peso hurting Filipino consumersInquirer|Peso weakens further, breaches 62:$1 levelInquirer|SSS investment income seen to hit P71.4 billion by year-endPhilStar|Data center boom to yield small gains for PhilippinesPhilStar|Analysts see scope for one more BSP rate hikePhilStar|Peso hits record low for fourth straight session as PSEi fallsRadar|PSEi falls, peso hits record low as Middle East tensions flarePhilippine News Agency|Stocks dip as peso continues to depreciatePhilStar|
Guide

Guide to Philippine Taxation

Understand the Philippine tax system: income tax, business taxes, mandatory contributions, and filing deadlines.

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Income Tax (TRAIN Law 2023+)

Republic Act No. 10963 — revised personal income tax brackets effective 2023 onwards.

1
₱0 – ₱250,000
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0% (Exempt)
2
₱250,001 – ₱400,000PHP 0 + 15% of excess over ₱250,000
3
₱400,001 – ₱800,000PHP 22,500 + 20% of excess
4
₱800,001 – ₱2,000,000PHP 102,500 + 25% of excess
5
₱2,000,001 – ₱8,000,000PHP 402,500 + 30% of excess
6
Over ₱8,000,000PHP 2,202,500 + 35% of excess
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