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

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

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 👉 Kasama ba sa pag-compute ng “Net Take Home Pay” ang PERA at RATA? — https://shrtm.nu/FRfZ […]

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

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

[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 value or “De Minimis Benefits” as defined in existing issuances and conforming to the ceilings […]