Sweldong Pinoy

MP2 Calculator is an app for computing how much your MP2 (Modified Pag-IBIG 2) savings may grow based on actual dividend rates. 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. The Pag-IBIG Fund has announced that the MP2 dividend for 2025 will be 7.12%. We have updated the MP2 Calculator Android app (version 0.5) and the web app at its new home at https://www.mp2calculator.com . If you have comments, suggestions, and inquiries, you can email us at dev@tigcal.tech or you can also send us a message . Originally published at the MP2 Calculator Blog

MP2 Calculator is an app for computing how much your MP2 (Modified Pag-IBIG 2) savings may grow based on actual dividend rates. 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. The MP2 dividend for 2024 (7.10%) has been announced. We have updated the MP2 Calculator Android app (version 0.3.0) and the web app at https://www.mp2calculator.com . If you have comments, suggestions, and inquiries, you can email us at info@sweldongpinoy.com or you can also send us a message .

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 is an app for computing how much your MP2 (Modified Pag-IBIG 2) savings may grow based on actual dividend rates. 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. The MP2 dividend for 2023 has been announced. We have updated the MP2 Calculator Android app (version 0.2.0) and the web app at https://www.mp2calculator.com . If you have comments, suggestions, and inquiries, you can email us at info@sweldongpinoy.com or you can also send us a message .

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 ...

Update : The increase in contribution for Pag-IBIG Fund (HDMF) will be straight to 200 instead of 150. The apps have been updated. 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 2024, the contibutions for PhilHealth and Pag-IBIG Fund will be higher. PhilHealth In accordance with the Universal Health Care Act (Republic Act No. 11223), the PhilHealth contribution rate will now be 5.0% (from 4.5%) and the income ceiling will increase from 90,000 to 100,000. Source: https://twitter.com/teamphilhealth/status/1200200278508625922 Pag-IBIG Fund Pag-IBIG Fund members' mandatory monthly savings was also scheduled to increase from the current P100 to 150 by January 2021 and to 200 by January 2023. These have been deferred from 2021 to 2023. The contribution ...

Managing your income can be a tricky task, especially when it comes to calculating your take-home pay after all the necessary deductions. Thankfully, there are tools like Sweldong Pinoy that can help make this process easier. In this post, we will discuss what Sweldong Pinoy is, how to use it, the difference between net pay and gross pay, and what deductions to expect. Finally, we will end with a recommendation on how to manage your income nicely. What is Sweldong Pinoy? Sweldong Pinoy is a free online tool that helps Filipino employees calculate their monthly net pay. It takes into account all the necessary deductions, such as taxes, SSS contributions, PhilHealth contributions, and Pag-IBIG contributions. The tool is easy to use and can help employees get a clear understanding of how much they will take home at the end of the month. Sweldong Pinoy: Enter your Basic Pay or Gross Pay. Add allow...

Update : The increase in contribution for Pag-IBIG Fund (HDMF) and PhilHealth will not continue this year. The Sweldong Pinoy apps have been updated. 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 2023, the tax deductions will decrease but the contibutions for PhilHealth, SSS, and Pag-IBIG Fund will be higher. Tax According to Republic Act 10963 or Tax Reform for Acceleration and Inclusion (TRAIN), the taxes will be reduced starting 2023. 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 13% to 14% . Employer share will be 9.5% (from 8.5%) while the employee share will still be 4.5% . The minimum and maximum salary credits to be used for computation wi...

Sweldong Pinoy is a salary calculator for Filipinos in computing net pay, withholding taxes and contributions to SSS/GSIS, PhilHealth and PAG-IBIG. Here are the updates we have released this year for Sweldong Pinoy, Budget Pinoy, and Thirteenth Month. Deferring PhilHealth Contribution Increase Contributions for SSS and PhilHealth have increased but for PhilHealth, it was deferred . We have immediately updated all our apps after the announcement. Sweldong Pinoy and Budget Pinoy for 2022 Contributions for PhilHealth and Pag-IBIG Fund are increasing in 2022 . The Android and web apps of Sweldong Pinoy and Budget Pinoy has been updated. A dropdown was added so users can choose and compare between the current or upcoming rates. Other Updates There have been a few updates focusing on design and performance updates to the apps. Looking forward to 2022 Thank you to everyone who uses Sweldong Pinoy apps and sends us feedback. We're looking forward to adding more features...

Update : Pag-IBIG will defer the increase in contribution again as they had a strong performance in 2021. The Sweldong Pinoy apps have been updated. 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, contributions will be changing again; we're updating Sweldong Pinoy with the new rates. What's Changing? Last year, contributions for SSS was increased and will still be the same. In accordance with the Universal Health Care Act (Republic Act No. 11223), the PhilHealth contribution rate will rise to 4.0% (from 3.5%) and the income ceiling will now be 80,000 (from 70,000). However, the increase for 2021 was deferred. Pag-IBIG Fund members' mandatory monthly savings was also scheduled to increase from the current P100 to 150 by January 2021 and to 200 by January 2023. This was postponed to 2022 . Sweldong Pinoy and Budget Pinoy Updates We have updat...

It's fifty one days to go before Christmas! One of the things Filipinos look forward to this time is the Thirteenth Month Pay. This is why we developed Thirteenth Month web and Android app . Thirteenth Month is a tool for Filipinos in computing their 13th-month pays. With the Thirteenth Month app, users can input their salaries from January to December. We have done minor updates on the design and performance of the Android app. Version 2.0.4 is now rolling out. Help us improve Thirteenth Month! If you have suggestions on how we can improve our apps, please contact us by emailing us at info@sweldongpinoy.com or by sending us a message . You can also add a review on the Google Play Store page of the apps. For more updates, like us on Facebook and follow us on Twitter and Instagram .

Updates to the Sweldong Pinoy, Budget Pinoy, and Thirteenth Month Android apps are rolling out now. These contain design and performance improvements. 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. Thirteenth Month is a tool app for Filipinos in computing their 13th-month pays. Help us improve our apps! Send us your comments and suggestions by email , Facebook Messenger , or with the Chatra app on our website. Also, follow us on Twitter , Instagram , and Facebook for more updates.

Contributions for SSS and PhilHealth are increasing this year. PhilHealth contribution rates will now be 3.5% (from 3.0%) and the income ceiling will now be 70,000 (from 60,000). The monthly contributions of SSS members will be increased from the current 12% to 13% , employer share will be 8.5% (from 8.0%) and employee share will be 4.5% (from 4.0%), and the minimum and maximum salary credits used for computation will now be 3,000 and 25,000 (from 2,000 and 20,000). We have already updated Sweldong Pinoy and Budget Pinoy to use the 2021 rates. Earlier this week, President Duterte ordered the deferring of the PhilHealth contribution increase and PhilHealth suspended the increase pending law amending the Universal Health Care Act. Source: https://www.facebook.com/PhilHealthofficial We have updated Sweldong Pinoy ( sweldongpinoy.com and Android app 4.3.2) and Budget Pinoy ( budgetpinoy.com ) to use the new SSS contribution rates for 2021 and the 2020 PhilHealth contr...

Last year, we released some new features and other updates to our apps. Sweldong Pinoy for Self-Employed Individuals We've added computations for Self-Employed Individuals . You just need to select " Self-Employed Individual " in the employment type, and the app will compute the contributions for SSS, PhilHealth, and Pag-IBIG Fund, tax, and other contributions, and your net pay. sweldongpinoy.com updated with computations for Self-Employed Budget Pinoy for Everyone We have updated Budget Pinoy for Everyone . The web and Android app now have a dropdown for employment type. Users can select their employment type, and the app will update the deductions and asking rate accordingly. Budget Pinoy Android app with Employment Type drop-down New Thirteenth Month With the  new Thirteenth Month , users can now input their salaries from January to December to compute their thirteenth-month pay. If users have the same salary for the year, they can select " M...

Update : PhilHealth contribution increase was postponed as ordered by the President. Learn more here . Contributions for SSS and PhilHealth will be increasing next year. PhilHealth contribution rates will now be 3.5% (from 3.0%) and the income ceiling will now be 70,000 (from 60,000). The monthly contributions of SSS members will be increased from the current 12% to 13% , employer share will be 8.5% (from 8.0%) and employee share will be 4.5% (from 4.0%), and the minimum and maximum salary credits used for computation will now be 3,000 and 25,000 (from 2,000 and 20,000). We have already updated Sweldong Pinoy and Budget Pinoy to use the 2021 rates. Now, we're also updating the Android apps. Sweldong Pinoy (version 4.3.1) and Budget Pinoy (version 1.1.1) are now using the 2021 rates. If you haven't downloaded the apps yet, download them now from the Google Play Store. Sweldong Pinoy Android app (left) and Budget Pinoy Android app (right) now uses the rates for 20...

Update : PhilHealth contribution increase was postponed as ordered by the President. Learn more here . 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 accorda...

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 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...

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.

When we launched Sweldong Pinoy in 2012, our apps initially computed net pay, withholding taxes and contributions to SSS, PhilHealth and PAG-IBIG for private employees. Over the years, we have added computations for Government Employees , RHQ/ROHQ employees , and Minimum Wage Earners . We're happy to announce that now, we're adding computations for Self-Employed Individuals in Sweldong Pinoy. They pay for the employer and employee shares for SSS, PhilHealth, and Pag-IBIG. You just need to select " Self-Employed Individual " in the employment type and the app will compute the contributions for SSS, PhilHealth, and Pag-IBIG Fund, tax, and other contributions, as well as how much your net will be. Sweldong Pinoy for Self-Employed Individuals is available now on https://www.sweldongpinoy.com and on version 4.3 of the Sweldong Pinoy Android app , which is rolling out now. sweldongpinoy.com updated with computations for Self-Employed If you have comme...