/philippines_withholdingtax

Primary LanguageRuby

Calculate your Withholding Tax!

Philippines

Based on 2017 Revenue Memorandum Circular No. 105-2017

  • supports Daily, Weekly, Semi-monthly, and Monthly payroll periods

Installation

Add to your Gemfile:

gem 'philippines_withholdingtax', github: 'reiallenramos/philippines_withholdingtax'

Examples:

Daily

WithholdingTaxCalculator.new(payroll_period: "daily", compensation_level: 9000).call
=> 2469.19

Weekly

WithholdingTaxCalculator.new(payroll_period: "weekly", compensation_level: 1000000).call
=> 342500.05

Semimonthly

WithholdingTaxCalculator.new(payroll_period: "semimonthly", compensation_level: 25000.2).call
=> 3333.3

Monthly

WithholdingTaxCalculator.new(payroll_period: "monthly", compensation_level: 1234567.89).call
=> 399598.6414999999