Deductions
- Deductions
Government Contributions
Taxable Income = Basic Pay (period) + Taxable Adjustments - SSS - PhilHealth - Pag-IBIG - Absences
Non-taxable: Transport, Meal, Comm Allowances + items marked Non-taxable above
SSS: 5% EE rate (2025), MSC capped at PHP 35,000
Contributions are full monthly amounts, deducted on the 2nd half (16th to end) period
Hourly Rate = (Basic Pay × 12) / 261 days / 8 hrs
Daily Rate = Hourly Rate × 8 — used for Absences
Undertime = (8 hrs − hours actually worked that day) × Hourly Rate, summed over the period