[TOPIC] Hazard Pay of PHWs: Is it taxable?
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[QUESTION] Good PM. Just an inquiry, are hazard pay received by public health workers under the magna carta for public health workers taxable? Thank you so much for your response.
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Government Accountants, Budget Officers, Treasurers and Auditors’ Forum
As a general rule, all income are taxable unless a specific law exempt the income from being taxed.
Yes taxable cos not included in De Minimis Benefits..but if Net taxable Income is below P250k then no need to withold..