Posts

Showing posts from 2024

Sweldong Pinoy and Budget Pinoy for 2025

Image
Sweldong Pinoy is a salary calculator for Filipinos in computing net pay, withholding taxes and contributions to SSS/GSIS, PhilHealth and PAG-IBIG. Budget Pinoy is a tool for Filipinos in finding out how much their asking salary should be based on their budget. In 2025, the contibution for SSS will be higher. SSS Pursuant to Republic Act No. 11199 (The Social Security Act of 2018), the monthly contributions of SSS members will be increased from the current 14% to 15% . Employer share will be 10% (from 9.5%) while the employee share will be increased to 5.0% (from 4.5%). The minimum and maximum salary credits to be used for computation will now be 5,000 and 35,000 (from 4,000 and 30,000). Sweldong Pinoy for Kasambahay We have also added Domestic Worker (Kasambahay) in the list of employment types and the app will compute the corresponding deductions based on Republic Act No. 10361 (Domestic Workers Act or Batas Kasambahay). App Updates We have already added these ch...

MP2 Calculator

Image
The MP2 Savings is a special voluntary savings facility with a 5-year maturity, designed for active Pag-IBIG Fund members who wish to save more and earn even higher dividends, in addition to their Pag-IBIG Regular Savings. Have you heard about it or are you interested to know how much your money can grow? We have made an app that you will find useful. MP2 Calculator is an app for computing how much your MP2 (Modified Pag-IBIG 2) savings may grow based on actual dividend rates. Using the app, you can select the savings type you want (monthly savings or a one-time lump sum saving), input the savings amount, and select the start year. The app will then compute the dividends and total amount per year based on the dividend rate. If the dividend rate for the year is not yet available, it will use the latest available rate. MP2 Calculator on a phone showing input (left) and output (right) screens The output screen will display the results for both the annual dividend payout option ...