The Department of Education (DepEd) said public school teachers will not only receive higher salaries starting January 2018, but also higher allowances.
The agency’s Friday statement comes amid the implementation of the Tax Reform for Acceleration and Inclusion Act (TRAIN), which took effect on Monday.
Under the measure, those earning ₱250,000 or less a year would be exempt from income tax, while the 13th month pay and bonuses up to ₱90,000 would also be tax-free.
DepEd said a Teacher 1 with a basic salary of ₱19,620 without dependents used to take home ₱17,220.86 under the old tax structure.
“With the TRAIN law implementation and the 3rd tranche of the Salary Standardization Law of 2015 in effect, a Teacher 1 is expected to receive a gross basic salary of ₱20,179 and will have a net take home pay of ₱20,012.89,” the agency said.
This amounts to a take-home pay increase of ₱2,792.03 a month.
DepEd added that teachers’ annual chalk allowance — which is allotted for the purchase of chalks, erasers and other classroom supplies and materials — has been increased from ₱2,500 to ₱3,500.
Meanwhile, clothing allowance has also been hiked from ₱5,000 to ₱6,000.