Estate Tax Calculator
Wondering how much estate tax your family could owe? Use this quick calculator to estimate the 6% estate tax under the TRAIN law, based on your gross estate value, family home, and outstanding debts.
Estate Tax Calculator
Get a quick estimate of the estate tax your heirs may owe under the TRAIN law’s flat 6% rate, after standard and family home deductions.
Estimated Net Taxable Estate
Estimated Estate Tax Due (6%)
This is a simplified estimate based on the standard deduction (PHP 5,000,000) and family home deduction (up to PHP 10,000,000). It does not account for other allowable deductions, vanishing deductions, or specific family circumstances. For an accurate, personalized estate plan, talk to a CPA.
Book a Free ConsultationFrequently Asked Questions
Sarah Songalia is a Philippine CPA, CTEP®-certified estate planner, RFC, FChFP, CMC, and MDRT Lifetime Member with over 25 years of experience. She is the Managing Director of SS & Associates, Program Director of the Entrepreneurs Accounting Academy, founder of Quenta Technologies, and currently serves as President of ACPAFSI.
CTEP® stands for Chartered Trust and Estate Planner. It is a professional designation for estate and trust planning requiring rigorous training in Philippine estate law, taxation, insurance, and succession structures — one of the rarest and most relevant credentials for this work in the Philippines.
Under the TRAIN Law (RA 10963), the estate tax rate is a flat 6% on the net taxable estate after allowable deductions, including a standard deduction of ₱5,000,000. Without proper planning, business owners can face significant liquidity challenges when heirs need to pay this tax.
Yes. Life insurance proceeds paid to a named irrevocable beneficiary are generally exempt from estate tax in the Philippines. They also provide immediate cash to pay the estate tax and maintain business operations while the estate is being settled.
