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Sweldong Pinoy for 2021

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Sweldong Pinoy is a salary calculator for Filipinos in computing net pay, withholding taxes and contributions to SSS/GSIS, PhilHealth and PAG-IBIG. Next year, most contributions will be changing; we're updating Sweldong Pinoy with the new rates to help you. What's Changing? For 2021, contributions for SSS and PhilHealth will be increasing. The rates for Pag-IBIG Fund was also planned to increase from 100 to 150 by January 2021 but they decided to postpone the change to January 2022. Pursuant to Republic Act No. 11199 (The Social Security Act of 2018), the monthly contributions of SSS members will be increased from the current 12% to 13% in 2021. Employer share will be 8.5% (from 8.0%) and employee share will be 4.5 % (from 4.0%). The minimum and maximum salary credits used for computation will now be 3,000 and 25,000 (from 2,000 and 20,000). In accordance with the Universal Health Care Act (Republic Act No. 11223), the PhilHealth contribution rate will ri

New Thirteenth Month

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It's (almost) Christmas! One of the things Filipinos look forward to this time is the thirteenth month pay. Almost six years ago , we developed a tool for Filipinos in computing their 13th-month pays called Thirteenth Month . With the Thirteenth Month app, users can input their salary and find out around how much their Thirteenth Month Pay will be. In the initial version, they need to provide the monthly salary and their starting month and ending month. We then added an option to provide starting and ending weeks to be more accurate. This works if you have the same salary year round. However, this is not always the case in real life. People get salary increases or sometimes move to another job with a higher pay. Now, users can input their salaries from January to December. If they have the same salary for the year, they can select " My salary is the same for the whole year " and provide the salary, starting/ending week/month like before. The text fields for the mo

Budget Pinoy for Everyone

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Budget Pinoy is a tool for Filipinos in finding out how much their asking salary should be based on their budget. The app will even tell you how much to save per category per pay day. After you provide your Daily, Weekly, Monthly, Quarterly, or Annnual budgets, the app will compute and display the asking rate you need to earn enough for your total budget. This uses the contributions and taxes for a "Private Employee" by default. We have now added a dropdown for employment type so users can select their employment type instead of the default. When you change the employment type, the app will update the deductions and asking rate accordingly. This update is available now at https://www.budgetpinoy.com and on version 1.1 of the Budget Pinoy Android app (which is rolling out now). budgetpinoy.com on mobile browser with the employment type drop-down Budget Pinoy Android app with Employment Type drop-down Let us know how we can improve Budget Pinoy to help you m

Learn about T&T Accounting Solutions

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When we made Sweldong Pinoy we worked with a couple of Certified Public Accountants (CPA) to ensure we're doing all the computations correctly for you. The people we worked with have decided to start their own accounting company and we highly recommend them. Services T&T Offers T&T Accounting Solutions offers the following services: Financial Accounting and Reporting Bookkeeping Management Consultancy Taxation and BIR Registration Auditing (Coming Soon) Contact T&T Be sure to reach out to T&T to inquire about their services.