Netflix Philippines has informed its subscribers that the streaming giant will increase its prices to accommodate the 12% value-added tax (VAT) on digital services provided by foreign companies.
In the email that Netflix Philippines sent to its subscribers, it stated: “As required by Republic Act No. 12023, which imposes a 12% Value-Added Tax (VAT) on digital services, Netflix will raise its subscription costs in the Philippines as of June 1, 2025.”
The new monthly prices are as follows:
- Monthly Mobile Plan: ₱169 (previously ₱149)
- Monthly Basic Plan: ₱279 (previously ₱249)
- Monthly Standard Plan: ₱449 (previously ₱399)
- Monthly Premium Plan: ₱619 (previously ₱549)
- The extra member slot fee for Standard and Premium plans will also go up, from ₱149 to ₱169 per month
Netflix currently has more than 2.7 million subscribers in the Philippines, and the additional 12% VAT is projected to give the government over ₱924 million in tax revenue from Netflix alone. Republic Act 112023 was signed into law late last year.
