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8% Tax vs Graduated Rates with OSD vs Itemized: A Freelancer Worked Example

This post runs one freelance fact pattern through three lawful computations: (1) the 8% income tax rate on gross receipts, (2) graduated rates with OSD, and (3) graduated rates with itemized deductions. It does not re-argue the full eligibility primers in 8% Income Tax Rate vs Graduated Rates or Optional Standard Deduction vs Itemized Deductions — those remain the sibling guides for who qualifies and when each tool fits; here the job is the arithmetic.

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The freelancer scenario (same facts for all three columns) #

Maya is a purely self-employed instructional designer for 2026:

  • Gross receipts: ₱1,500,000
  • Documented, receipted business expenses: ₱350,000 (software, contractors, coworking, travel)
  • Not VAT-registered; projected gross stays under ₱3,000,000
  • No compensation income (not a mixed earner)
  • Will signify her choice on the first BIR Form 1701Q of the year

She cannot stack 8% with OSD — those paths are mutually exclusive under NIRC Sections 24(A)(2)(b) and 34(L) (see Can You Claim OSD If You Elect the 8% Income Tax Rate?).

Graduated rate table used (TRAIN Phase 2) #

Income tax on net taxable income uses the NIRC Section 24 schedule effective 1 January 2023 and onwards under the TRAIN Law (RA No. 10963) — the same Phase 2 brackets referenced across BIR and tax-summary tables:

Net taxable incomeTax due
Not over ₱250,0000%
Over ₱250,000 but not over ₱400,00015% of the excess over ₱250,000
Over ₱400,000 but not over ₱800,000₱22,500 + 20% of the excess over ₱400,000
Over ₱800,000 but not over ₱2,000,000₱102,500 + 25% of the excess over ₱800,000
Over ₱2,000,000 but not over ₱8,000,000₱402,500 + 30% of the excess over ₱2,000,000
Over ₱8,000,000₱2,202,500 + 35% of the excess over ₱8,000,000

Column A — 8% income tax rate #

Under NIRC Section 24(A)(2)(b) and RMO No. 23-2018:

  • Taxable base = ₱1,500,000 − ₱250,000 = ₱1,250,000
  • Income tax = 8% × ₱1,250,000 = ₱100,000
  • Section 116 percentage tax: none (8% is in lieu of graduated rates and Sec. 116 PT for a qualifying elector)
  • Approximate total tax burden: ₱100,000

Column B — Graduated rates with OSD #

Under NIRC Section 34(L) and RR No. 16-2008, individual OSD = 40% of gross receipts (not after cost of services):

  • OSD = 40% × ₱1,500,000 = ₱600,000
  • Net taxable income = ₱1,500,000 − ₱600,000 = ₱900,000
  • Income tax = ₱102,500 + 25% × (₱900,000 − ₱800,000) = ₱102,500 + ₱25,000 = ₱127,500
  • Section 116 percentage tax (illustrative 3% on ₱1,500,000 gross for a non-VAT percentage-tax payer) = ₱45,000
  • Approximate total tax burden: ₱172,500

Column C — Graduated rates with itemized deductions #

  • Itemized deductions = documented expenses = ₱350,000
  • Net taxable income = ₱1,500,000 − ₱350,000 = ₱1,150,000
  • Income tax = ₱102,500 + 25% × (₱1,150,000 − ₱800,000) = ₱102,500 + ₱87,500 = ₱190,000
  • Section 116 percentage tax (same ₱45,000 illustration) = ₱45,000
  • Approximate total tax burden: ₱235,000

Side-by-side results #

8% rateGraduated + OSDGraduated + itemized
Deduction / relief usedFlat 8% on gross above ₱250,00040% OSD = ₱600,000Actual expenses = ₱350,000
Net / 8% base₱1,250,000 (gross − ₱250,000)Net income ₱900,000Net income ₱1,150,000
Income tax₱100,000₱127,500₱190,000
Sec. 116 PT (illustrative)₱0₱45,000₱45,000
Approx. total₱100,000₱172,500₱235,000

On Maya’s numbers, 8% wins because expenses (₱350,000) are well below 40% of gross (₱600,000) and the 8% path avoids Section 116 percentage tax. OSD still beats itemizing inside the graduated path (₱600,000 standard deduction vs ₱350,000 actual costs), but graduated-plus-OSD remains more expensive than plain 8% here.

Flip the expense assumption — if Maya had ₱950,000 in fully substantiated costs — itemized net income would fall to ₱550,000, income tax would drop to ₱22,500 + 20% × ₱150,000 = ₱52,500, and even after ₱45,000 PT the graduated-plus-itemized total (~₱97,500) would undercut the ₱100,000 8% bill. That is why the election must follow your expense ratio, not Maya’s.

How to turn this example into a filing decision #

  1. Confirm 8% eligibility (not VAT-registered, ≤ ₱3,000,000, not a GPP partner, timely election) using 8% Income Tax Rate vs Graduated Rates.
  2. If staying on graduated rates, compare OSD vs itemized with Optional Standard Deduction vs Itemized Deductions and the correct individual base in OSD for Individuals vs Corporations.
  3. Signify the winning path on the first BIR Form 1701Q — see How to Elect OSD on BIR Form 1701Q and How to File BIR Form 1701Q.
  4. Avoid the error list in Common Mistakes When Electing the 8% Tax Rate or OSD.

Frequently asked questions #

Which is cheaper for freelancers: 8%, OSD, or itemized? #

It depends on documented expenses and whether you qualify for the 8% option. Low expenses usually favor 8%; expenses near or above 40% of gross often favor graduated rates with itemized deductions; OSD sits between them when expenses are modest but you remain on graduated rates.

What TRAIN graduated brackets does this example use? #

The example uses the NIRC Section 24 schedule effective January 1, 2023 and onwards under the TRAIN Law (RA No. 10963): 0% up to P250,000; 15% of the excess over P250,000 up to P400,000; P22,500 plus 20% of the excess over P400,000 up to P800,000; P102,500 plus 25% of the excess over P800,000 up to P2,000,000; and higher brackets above that.

Does the 8% path also replace percentage tax? #

Yes. For qualifying purely self-employed individuals, the 8% option under NIRC Section 24(A)(2)(b) and RMO No. 23-2018 is in lieu of both graduated income tax and the percentage tax under NIRC Section 116. Graduated-rate paths still carry Section 116 percentage tax when the taxpayer is not VAT-registered.

Can I use OSD in the same year as the 8% rate? #

No. OSD applies only under graduated rates. Choosing 8% means you do not claim OSD or itemized deductions against the 8% gross base.

Where do I elect each option on the return? #

Signify the 8% rate or the OSD-versus-itemized choice on the first BIR Form 1701Q of the taxable year. The elections are irrevocable for that year and must be made again in a later year if desired.

Summary #

On ₱1,500,000 gross and ₱350,000 expenses, Maya’s lawful totals are about ₱100,000 (8%), ₱172,500 (graduated + OSD including illustrative Sec. 116 PT), and ₱235,000 (graduated + itemized including PT). Re-run the three columns on your own expense ratio before the first 1701Q — the cheapest path flips when documented costs approach or exceed the 40% OSD amount.