The document outlines the payroll computation format for Ms. Pastillas for the period of August 2015. It details her basic pay of 12,000 pesos and deductions for SSS, Pag-IBIG, and Philhealth contributions totaling 713 pesos. Her taxable income is calculated to be 11,287 pesos. After applying the withholding tax table, her withholding tax is calculated to be 965.73 pesos. Her net pay for the period is 10,321.27 pesos.

2. Typical
payroll
computation
format
Ms. Pastillas
For the period August 2015
Basic Pay P xx
Add:
Overtime P xx
Night Diff. xx
Holiday Pay xx xx
Gross Pay xx
Less:
Tardiness xx
Undertime xx
Leave w/o pay xx
Adjustments xx
SSS Dues xx
Pag-ibig Dues xx
Philhealth Dues xx xx
Taxable Income xx
Less:
W/Holding tax xx
SSS Loan xx
Pag-ibig Loan xx
Advances/vale xx
Union Dues xx xx
Add:
Allowances xx
Comissions xx xx
Net Pay P xx

3. Holiday Pay
Regular holiday: x200% (minimum wage x 200%)
Addition to basic rate
• Rest day or Special day: +30%
(basic rate x 130%)
• Special day falling on a scheduled rest day: +50%
(basic rate x 150%)
• Regular holiday falling on a scheduled rest day: +30%
(basic rate x 260%)

4. Overtime Pay
Addition to hourly rate
• Ordinary working days: +25%
(hourly rate x 125% x number of hours OT work)
• Rest day or Special day: +30%
(hourly rate x 130% x 130% x number of hours OT work)
• Special day falling on a scheduled rest day: +50%
(hourly rate x 150% x 130% x number of hours OT work)
• Regular holiday: +30%
(hourly rate x 200% x 130% x number of hours OT work)
• Regular holiday falling on a scheduled rest day: +30%
(hourly rate x 260% x 130% x number of hours OT work)

5. Night Shift Differential
Work on: Pay equals:
Ordinary day 1 x 1.1 = 1.1 or 110%
Rest day/special day 1.3 x 1.1 = 1.43 or 143%
Special day, rest day 1.5 x 1.1 = 1.65 or 165%
Regular Holiday 2 x 1.1 = 2.2 or 220%
Regular Holiday, rest day 2.6 x 1.1 = 2.86 or 286%
OVERTIME
Ordinary day 1 x 1.1 x 1.25 = 1.375 or 137.5%
Rest day/special day 1.3 x 1.1 x 1.3 = 1.859 or 185.9%
Special day, rest day 1.5 x 1.1 x 1.3 = 2.145 or 214.5%
Regular Holiday 2 x 1.1 x 1.3 = 2.86 or 286%
Reg. Holiday, rest day 2.6 x 1.1 x 1.3 = 3.718 or 371.8%

6. SSS Contribution Table 2015
.

7. SSS Contribution Table 2015
Total Contribution =
11% Of monthly salary credit
not exceeding P16,000
Where: 7.37% from employer
3.63% from employee
Total Contribution = P 12,000 x 11% = P 1,320.00
Employer = 12,000 x 7.37% = P 884.00
Employee= 12,000 x 3.63% = P463.00

8. Pag-IBIG Monthly Contribution
Employee share:
P 1,500 x 1% = P 15.00
P 2,000 x 2% = P 40.00
P 5,000 x 2% = P 100.00
Employer share:
P 1,500 x 2% = P 30.00
P 2,000 x 2% = P 40.00
P 5,000 x 2% = P 100.00

9. Philhealth Premium Contribution
Table 2015
.

10. Philhealth Premium Contribution
Table 2015
*Employee share represents
half of the total
monthly premium
while the other half
is shouldered by the
employer.
Total Monthly Premium =
2.5% of Salary Base not
exceeding 35,000
Total Monthly Premium = P 12,000 x 2.5% = P 300.00
Employee share = P 300 / 2 = P 150.00
Employer share = P 300 / 2 = P 150.00

11. Typical
payroll
computation
format
Ms. Pastillas
For the period August 2015
Basic Pay P xx
Add:
Overtime P xx
Night Diff. xx
Holiday Pay xx xx
Gross Pay xx
Less:
Tardiness xx
Undertime xx
Leave w/o pay xx
Adjustments xx
SSS Dues xx
Pag-ibig Dues xx
Philhealth Dues xx xx
Taxable Income xx
Less:
W/Holding tax xx
SSS Loan xx
Pag-ibig Loan xx
Advances/vale xx
Union Dues xx xx
Add:
Allowances xx
Comissions xx xx
Net Pay P xx

12. Typical
payroll
computation
format
Ms. Pastillas
For the period August 2015
Basic Pay P12,000.00
Add:
Overtime P0.00
Night Diff. -
Holiday Pay - -
Gross Pay 12,000.00
Less:
Tardiness -
Undertime -
Leave w/o pay -
Adjustments -
SSS Dues 463.00
Pag-ibig Dues 100.00
Philhealth Dues 150.00 713.00
Taxable Income 11,287.00
Less:
W/Holding tax -
SSS Loan -
Pag-ibig Loan -
Advances/vale -
Union Dues - -
Add:
Allowances -
Comissions - -
Net Pay -

13. Withholding Tax Tables
*

14. Withholding Tax Tables
Withholding Tax =
[(Taxable Income - Bracket or Exemption) x %over]
+ Bracket Tax or Base Tax
= [(P11,287 – 10,000) x 20%] + 708.33
= [(1,287) x 20%] + 708.33
= [257.40] + 708.33
= P 965.73

15. Typical
payroll
computation
format
Ms. Pastillas
For the period August 2015
Basic Pay P12,000.00
Add:
Overtime P0.00
Night Diff. -
Holiday Pay - -
Gross Pay 12,000.00
Less:
Tardiness -
Undertime -
Leave w/o pay -
Adjustments -
SSS Dues 463.00
Pag-ibig Dues 100.00
Philhealth Dues 150.00 713.00
Taxable Income 11,287.00
Less:
W/Holding tax -
SSS Loan -
Pag-ibig Loan -
Advances/vale -
Union Dues - -
Add:
Allowances -
Comissions - -
Net Pay -

16. Typical
payroll
computation
format
Ms. Pastillas
For the period August 2015
Basic Pay P12,000.00
Add:
Overtime P0.00
Night Diff. -
Holiday Pay - -
Gross Pay 12,000.00
Less:
Tardiness -
Undertime -
Leave w/o pay -
Adjustments -
SSS Dues 463.00
Pag-ibig Dues 100.00
Philhealth Dues 150.00 713.00
Taxable Income 11,287.00
Less:
W/Holding tax 965.73
SSS Loan -
Pag-ibig Loan -
Advances/vale -
Union Dues - 965.73
Add:
Allowances -
Comissions - -
Net Pay P10,321.27

18. FIN.