Philippine Tax & Accounting Compliance
BIR 2307 Creditable Withholding Tax (CWT) Online Calculator
Under Philippine BIR regulations and the TRAIN law, income payments to independent contractors, suppliers, and licensed professionals are subject to creditable withholding tax. Use this tool to compute net payable amounts and exact withholding deductions for your BIR Form 2307 certificate.
Official Standards & Rule Matrix
Services / Contractors (WC100 / WC157)2% of gross income
Purchase of Goods (Suppliers)1% of gross income
Individual Professionals (< ₱3M annual gross)5% withholding tax
Individual Professionals (> ₱3M annual gross)10% withholding tax
How to use this tool
- Enter the gross amount of your invoice or payment.
- Select the applicable withholding tax rate (1%, 2%, 5%, or 10%).
- Review the net amount payable to the payee and the withheld tax amount to be remitted to the BIR.
- Copy or export the calculation directly for your BIR 2307 accounting ledger.
Computed completely in your browser. No personal data or numbers are transmitted over the network.
Frequently Asked Questions
- Who issues BIR Form 2307 in the Philippines?
- The payor (client or withholding agent) is legally required to issue BIR Form 2307 to the payee (freelancer, contractor, or supplier) showing the total income paid and taxes withheld.
- Is the 2% withholding tax based on gross amount including VAT?
- No. Withholding tax is computed on the net-of-VAT amount (gross invoice amount divided by 1.12 if VAT-registered).
- Can freelancers use BIR 2307 as tax credits?
- Yes. The amounts withheld on Form 2307 serve as tax credits that reduce your quarterly and annual income tax liability on BIR Form 1701 or 1701A.
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