The Philippines

Last updated on July 28th, 2022

Country Overview

Currency  

PHP 

Payroll cycle 

Monthly, 13th salary paid on or before 24 December 

Employer taxes  

11.75% 

Minimum wage  

Region and job specific, from PHP306 to PHP610 a day

Working hours  

8 hours a day, 5 days a week 

Latest HR Statutory Updates

NOVEMBER 2024

  • Nation Wide Holiday for Philippines 2025

MARCH 2024

  • RMC No. 25-2024 - Pertinent Provisions of RMC No. 16-2024 Extending the Deadline of Submission of Alphabetical List of Employees/Payees

JANUARY 2024

  • HDMF(Pag-IBIG) Contribution Capping Increase to ₱10,000 Effective February 2024 (Revised)

DECEMBER 2023

  • PhilHealth Contribution Rate Increase to 5% Effective January 2024

  • HDMF(Pag-IBIG) Contribution Capping Increase to ₱10,000 Effective January 2024

NOVEMBER 2023

  • Annual and Withholding Tax Table wef Jan 2023

OCTOBER 2023

  • No Statutory Updates

SEPTEMBER 2023

  • No Statutory Updates

AUGUST 2023

  • No Statutory Updates

JULY 2023

  • No Statutory Updates

JUNE 2023

  • No Statutory Updates

MAY 2023

  • Labor Advisory No. 12, Series of 2023 – Payment of Wages for the Regular Holiday on May 01, 2023

  • RMC No. 62-2023 - Announces the availability of BIR Form Nos. 1604-C, 1604- E, 1604-F and 0620 in the Electronic Filing and Payment System (eFPS)

APRIL 2023

  • No Statutory Updates

MARCH 2023

  • No Statutory Updates

FEBRUARY 2023

  • No Statutory Updates

JANUARY 2023

  • No Statutory Updates

DECEMBER 2022

  • Revised Alphalist Format of the BIR Form No. 1604-C

  • New Schedule of Social Security (SS) Contributions Effective January 2023

NOVEMBER 2022

  • Annual and Withholding Tax Table wef Jan 2023

OCTOBER 2022

  • No Statutory Updates

SEPTEMBER 2022

  • No Statutory Updates

AUGUST 2022

  • No Statutory Updates

JULY 2022

  • No Statutory Updates

June 2022

  • Philippines Minimum Wages Increase

    • Region II (Cagavan Valley)

    • Region IV-B (Mimaropa)

    • Region CAR (Cordillera Administrative Region)

    • Region VII (Central Visayas)

    • Region X (Northern Mindanao)

    • Region XI (Davao Region)

MAY 2022

  • Philippines Minimum Wages Increase

    • Region NCR (National Capital Region)

    • Region I (Ilocos Region)

    • Region II (Cagavan Valley)

    • Region IV-B (Mimaropa)

    • Region V (Bicol Region)

    • Region VI (Western Visayas)

    • Region XII (Soccsksargen)

    • Region XIII (Caraga Region)

  • New PhilHealth Contribution Effective June 2022

APRIL 2022

  • Revised BIR Form No. 2316 (Certificate of Compensation Payment/Tax Withheld) September 2021 ENCS

MARCH 2022

  • No Statutory Updates

FEBRUARY 2022

  • No Statutory Updates

JANUARY 2022

  • Reporting of separated employee using the payment reference number facility

DECEMBER 2021

  • No Statutory Updates

NOVEMBER 2021

  • No Statutory Updates

OCTOBER 2021

  • No Statutory Updates

SEPTEMBER 2021

  • No Statutory Updates

AUGUST 2021

  • No Statutory Updates

JULY 2021

  • No Statutory Updates

JUNE 2021

  • No Statutory Updates

MAY 2021

  • Advisory on the filing of amended Annual Income Tax Returns (AITR) for taxable period ending December 31, 2020

  • Circularizing the Updated List of BIR Forms and its Availability

  • Double pay for work done on Labor Day

  • CoViD-19 now a compensable work-related disease

APRIL 2021

  • Clarifying the Deadline for Filing of Annual Income Tax Returns (AITR) for Taxable Year Ending December 31,2020; Providing Guidelines in the Manner of Filing Thereof’ Including the Use of Electronic Signature; and Reiterating Availability of eAFS

MARCH 2021

  • Filing of Returns as well as Payment of Taxes Due Thereon Falling Within the period March 22,2021 to April30,2021

  • Guidelines in the Filing of Tax Returns Including the Required Attachments and Payment of Internal Revenue Taxes

  • Availability of Offline Electronic Bureau of Internal Revenue Forms (eBlRforms) Package Version 7.8

  • Allowing the Use of Electronic Signature (e-signature) on Certain Bureau of Internal Revenue (BIR) Forms/Certificates and Providing the Policies and Guidelines Therefor

FEBRUARY 2021

  • Guidelines in the Filing of Tax Returns Including the Required Attachments and Payment of Internal Revenue Taxes

  • PhilHealth extends payment deadline for employers

  • Higher pay for Pinoy workers on Feb holidays

  • Advisory On The Availability Of Job Aid And Software Patch For The Inclusion Of Certain Alphanumeric Tax Codes (Atcs) In The Bir Alphalist Data Entry Program Version 7.0

  • Extension of the Deadline for the Filing/Submission of the Annual Information Return of Income Taxes Withheld on Compensation and Final Withholding Taxes (BIR Form Nos. 1604-C and 1604-F)

  • Clarifications on the Filing of BIR Form Nos. 1604-CF, 1604-E and Other Matters

JANUARY 2021

  • Availability of the Alphalist Data Entry and Validation Module (Version 7.0) and its updated file structures, standard file naming convention and job-aids

DECEMBER 2020

  • Manual Filing of Tix Returns and Manual Payments of Taxes Due Thereon During Unavailability of the Electronic Filing and Payment System and Due to Typhoon Rolly and Ulysess

  • Higher pay for workers for December holidays

  • New Schedule for SSS contribution Effective January 2021

  • New PhilHealth Contribution Effective January 2021

  • Revenue Memorandum Circular No. 125-2020 announces the availability of BIR Form No. 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation) January 2018 (ENCS) in the Electronic Filing and Payment System (eFFS)

  • Pag-IBIG postpones hike of decades-old contribution rate

NOVEMBER 2020

  • No Recent Statutory Updates

OCTOBER 2020

  • No Statutory Updates

SEPTEMBER 2020

  • Pag-IBIG Fund considers postponing increase in decades-old contributions

  • Regular Holidays and Special (non-working) days for the year 2021

AUGUST 2020

  • Workers to get double pay on Eid’l Adha

  • IRIS’ CRR and RFP Modules rolled out

  • Prescribing Guidelines on the Use of eAFS System for the Submission of Attachments to the Income Tax Returns of Taxpayers with Fiscal-Year Accounting Period and in the Submission of Attachments to the Quarterly Income Tax Returns

JULY 2020

  • No Statutory Updates

JUNE 2020

  • Notification regarding persons conducting business through any form of electronic media regarding their tax obligation and registration of business with BIR

  • Facility for electronic submission of filed 2019 ITRs and required attachment

  • PhilHealth payment deadline extended further

  • Pag-IBIG Fund extends remittance deadline for employers to June 30

MAY 2020

  • Deadline for submission as well as payment of Tax extended

  • Workers to get double pay on 25 May 2020

APRIL 2020

  •   Deadline for Tax payment and Payment Method

  • Acceptance of payment of Internal Revenue Taxes during the Enhanced Community Quarantine(ECQ)

MARCH 2020

  • Filing and Payment of 2019 Annual Income Tax Returns

FEBRUARY 2020

  • No Statutory Updates

JANUARY 2020

  • No Statutory Updates

Request for PDF

Other countries

New Zealand

Indonesia

Hong Kong