Category: Accounting 101

Question Sender: Magkaano po ang required net take home pay ng isang government employee? Salamat po. Related Forum: 👉 Is it included in the computation of net take home pay the other benefits such as Hazard pay — https://shrtm.nu/rynZ 👉 …

How much is the mandatory net take home pay of a government employee? Read more »

[ad_1] Sender: Good day, may thread na po ba with regards sa percentage tax rate na from 3% to 1%? Per eFPS po kasi, 1% na yung ATC WB 080 (i.e., persons exempt from VAT). However, sa BIR Data Entry …

eFPS vs. Data Entry Module’s tax rate for ATC WB 080 Read more »

[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 »

[ad_1] If the seller is engaged in the sale of goods or properties, it will need to issue a Sales Invoice when the goods are sold to the buyer, whether cash or on credit. If the sale was on credit, …

Is a Sales Invoice a Proof of Payment? Read more »