Question: Admin pahelp naman po, kasi nagtanong po kami sa BIR dito sa province, ang sabi po non taxable ang hazard pay. Pero under RR 11-2018, taxable po ang hazard. Nagkakagulo na po ang budget, HR at accounting namin kasi nadeductan po ng tax ang hazard pay at ngayon dahil sa sinabi ng BIR gusto nilang ipaalis yung deduction. Ano pong suggestion niyo dapat gawin ng Accountant namin? Thank you po. Answers | Comments Recommended Articles: 10+ Non-taxable Compensation Income Every Government Employee Must Know Today What are the authorized “De Minimis Benefits” of government employees? Eight (8) Things in...
Question: Good day po. Kailangan po ba ng Cedula o Community Tax Certificate sa BIR Form 2316 or OK na gamitin ang Government Issued ID number? SALAMAT PO. Answers | Comments [Read This Together With: Are government employees required to pay their Community Tax Certificate (Cedula) for purposes of filing BIR Form 2316?] Join us in the discussion of this question. You may leave your comments in our Facebook Page or leave your comments below. Post Views: 3,761
Question: Are Electric Cooperatives exempt from withholding taxes (Income and VAT)? We have agencies who are not withholding taxes from their payments to the same Electric Cooperative telling that the Co-op told them that they are exempt. Please share relevant rules/regulations. As always, thanks!!! Answers | Comments Post Views: 1,782
The Bureau of Internal Revenue (BIR) made amendments to Revenue Regulation No. 10-2020, particularly on the extension of deadlines to submit, file and/or pay the necessary documents and/or taxes required under the Revenue Code, as amended, as well as in the existing revenue regulations, to comply with the provisions of Section 4(z) of RA No. 11469, also known as “Bayanihan to Heal As One Act”, declaring the existence of a national emergency due to COVID-19 pandemic, and in consideration of the extension of the Enhanced Community Quarantine (ECQ) until May 15, 2020. In view of the above, the new deadlines...
