Income Tax · TaxKlaro

TaxKlaro Tax Regime Comparison

Compare 8% flat, graduated + OSD, and graduated + itemized to find your lowest tax burden.

Taxpayer Profile
Period & Income
Deductions & Expenses
Tax Credits & Payments
Regime & Filing

Freelancer, sole proprietor, or professional with no employment income

Self-employed with additional compensation/employment income

Employee with no business or professional income

Registered for Value-Added Tax (exceeds ₱3M threshold or voluntary)

Registered as Barangay Micro Business Enterprise (income tax exempt)

Percentage tax on certain transactions (e.g., international carriers, amusement places)

Income flows through from a GPP (partnership itself is tax-exempt)

This determines whether Cost of Goods Sold applies to your gross income computation.

No cost of goods sold — income is from services rendered

Has cost of goods sold deducted from gross receipts

This tool provides estimates based on the National Internal Revenue Code as amended by the TRAIN Law (RA 10963). It is not tax advice. Consult a licensed CPA or tax attorney for guidance on your specific situation.