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More spending money for employees under tax reform?
How much more spending money will you have in 2018 because of the recently enacted tax reform law? Below is a table showing how much additional disposable income a typical private-sector employee will have under the new income-tax rules (all figures in pesos).
Sample income-tax calculations
MonthlySalaryOldIncomeTaxNewIncomeTaxAddedSpendingMoney
21,0002,92402,924
22,0003,171373,134





