[ad_1] portion from DBM circular no. 2007-01 [ad_2] Join our Facebook Group to get full access to answers and comments to this question. Note: You may view some of the comments/answers to this question below. Post Views: 1,459

[ad_1] We wonder, and we are certain you agree, why of all professions in the Philippines, CPAs have the highest requirements for CPD units. Next year, we will be required to earn 120 CPD points to renew our license. Anong …

We wonder, and we are certain you agree, why of all professions in the Philippines, CPAs have the highest requirements for CPD units. Next year, we will be required to earn 120 CPD points to renew our Read more »

[ad_1] 1. Thirteenth (13th) Month Pay (Year-End Bonus) and Other Benefits not exceeding Ninety Thousand Pesos (P90,000.00) paid or accrued during the year. Any amount exceeding Ninety Thousand Pesos (P90,000.00) are taxable compensation. 2. Facilities and privileges of relatively small …

12 NON-TAXABLE COMPENSATION INCOME OF GOVERNMENT EMPLOYEES THAT EVERY ACCOUNTANT SHOULD KNOW TO AVOID COMMITTING ERRORS IN THE COMPUTATION OF THEIR INCOME TAX Read more »