Annual Income Tax Depending on Income Starting 2023 INCOME TAX – Here is a guide on the annual tax to be implemented based on income effective year 2023. Taxes are present in all nations and almost everyone is paying taxes consciously or unconsciously. There are several kinds of implementation with regards to it. There are … Read more
Guide on Christmas Bonus 2020 Tax Rules CHRISTMAS BONUS 2020 – Here is a guide on whether or not the Christmas bonus is subject to tax deduction in the Philippines. In the Philippines, the employees are entitled to a 13th month pay or a year-end pay. It is mandated by law and there is no … Read more
Guide on Income Tax Rules From 2018 to 2022 INCOME TAX – Here is a guide on the annual tax implemented from 2018 to 2022 based on a person’s income. Almost every citizen in the Philippines regardless of age, gender, and any other factors is paying taxes to the form. There are different ways on … Read more
Guide on Performance-Based Christmas Bonus Tax Rules PERFORMANCE-BASED CHRISTMAS BONUS – Here is a guide on when is this type of Christmas bonus subject for tax deduction. Every December, a lot of people await the Christmas bonus. It is different from the 13th month pay that employees are entitled to under the law in the … Read more
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
Guide on the Release of the 13th Month Pay to Employees in PH 13TH MONTH PAY – Here is a guide on whether or not this year-end pay to the employees is subject for tax deduction in the Philippines. Every December, one of the most awaited things of Filipino employees is the 13th month pay. … Read more