Christmas Bonus: When Is Non-Performance-Based Bonus Subject for Tax?

Christmas Bonus

Guide on Non-Performance-Based Bonus Tax Rules CHRISTMAS BONUS – Here is a guide on the implementation of tax on non-performance-based bonus for employees. Among the things that the working sector and the pensioners await every December is the Christmas bonus. It is different from the 13th month pay the companies released on the same month. … Read more

Pag-IBIG Contribution Rate Increase Set for January 2021 Postponed

Pag-IBIG Contribution Rate Increase

Update on Pag-IBIG Contribution Rate Increase Set for January 2021 PAG-IBIG CONTRIBUTION RATE INCREASE – The proposed increase on the monthly contribution to Pag-IBIG Fund set for January 2021 is postponed. Pag-IBIG Fund is one of the biggest government agencies in the Philippines. A huge part of the Filipino populace is a member of the … Read more