Sss Salary Deduction Table 2020

The current SSS contribution rate is 11 of the monthly salary credit not exceeding P16000 and this is being shared by the employer 737 and the employee 363. Based on the SSS contribution table below your employer pays 90250 while you the employee pay 47250 for a total monthly contribution of 137500. SSS adds new class of salary deduction in January 2021.

how to make a enchantment table setup how to make a dog crate table how to make farmhouse entry table how to make the best enchanting table how to install hinges on a drop leaf table how to make an outdoor cooler table how to make a bird table squirrel proof how to make a bar height patio table

Pin On Philippines Travel

New Sss Contribution Table 2019 Contribution Sss Health And Fitness Magazine

Sss Contribution Table 2015 Health And Fitness Magazine Contribution Online Registration

Pin By Lamberto Go Jr On Inspirational Quotes Payment Schedule Contribution Sss

Sss 2017 Contribution Table News Sss Contribution Members

2019 Sss Contribution Table Sss Benefits For Filipinos Contribution Sss Retirement Benefits

ER EE Total ER.

Sss salary deduction table 2020. This amount is to be shared by the employee and employer with the employee paying P22500 and the employer paying P42500 every month. The New Contribution Schedule will be implemented for the applicable month of April and payable in May 2019. Refer to this table.

2019-05 on March 15 2019 prescribing the new contribution table that is effective in April 2019 as illustrated below. Subtract your total deductions to your monthly salary the result will be your taxable income. Total Deductions SSS PhilHealth Pag-IBIG 112500 375 100 1600.

The SSS Circular No. SSS Contribution Table for Self-Employed Voluntary and OFW Members. The SSS contribution table for 2021 is located below specifically created for those who are self-employed voluntary or are Overseas Filipino Workers.

Effective April 2019 SSS members shall follow the New SSS Contribution Table 2019. In accordance with Republic Act No. Taking the example above MSC of Php 3500 there should be no salary deduction for SSS contribution since your employer shoulders your entire contribution.

If youre an OFW the minimum monthly salary credit is. Your employer shoulders the remaining 737. The total contribution includes a small payment to the Employee Compensation Program which is 1000 for an MSC of up to 14500 and 30 for an MSC of 15000 or more.

For instance a person earning Php10000 will have a contribution of Php1100. The necessary upgrade to SURE. Here is the New SSS Contributions Table for Employed Self Employed Voluntary and Non-Working Spouse OFW and Household Members.