HB 1563

House·20th Congress·Filed Jul 8, 2025

An Act Amending Section 24 of the National Internal Revenue Code, as Amended

In plain language

Starting January 1 2026, individuals earning up to ₱300,000 will pay no income tax; income above that is taxed at rates ranging from 15% to 35% according to the new brackets.

TaxationPublic Order and Safety

Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.

Author · Representative

Arman Dimaguila
RepresentativeBiñan City, Lone District
Receipts →

Official sources

Similar in what they’d do, filed by any lawmaker.

SB 267· Filed Jul 8, 2025
Increasing the Income Tax Exemption Ceiling for Individual Taxpayers
Pending in the committeeSen. Bam Aquino
SB 2137· Filed May 19, 2026
Increasing the Income Tax Exemption Ceiling for Individual Taxpayers
Pending in the committeeSen. Mark A. Villar
HB 10877· Filed Aug 24, 2026
An Act Increasing the Income Tax Exemption Ceiling for Individual Tax Payers to Three Hundred Sixty Thousand Pesos (P360,000.00) Annually, Amending for the Purpose Section 24(A)(2)(A) and (B) of the National Internal Revenue Code of 1997, as Amended
Pending with the Committee on WAYS AND MEANS since 2026-08-26Rep. Yevgeny Vincente B. Emano
SB 2005· Filed Mar 19, 2026
Increasing Income Tax Exemption Thresholds and the Tax-Exempt Ceiling for De Minimis Benefits
Pending in the committeeSen. Imee R. Marcos
HB 6036· Filed Nov 17, 2025
An Act Increasing the Income Tax Exemption Ceiling for Individual Taxpayers to Four Hundred Eighty Thousand Pesos (P480,000) Annually, Amending for the Purpose Section 24(A)(2)(A) and (B) of the National Internal Revenue Code of 1997, as Amended
Pending with the Committee on WAYS AND MEANS since 2025-11-19Rep. Iris Marie Demesa Montes

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HB01563 · Sources: BetterGov Open Congress, BatasWatch

An Act Amending Section 24 of the National Internal Revenue Code, as Amended

In plain language

Author · Representative

Official sources

Related bills · 20th Congress

Related bills · 20th Congress