One Year Later: Government to Reform Income Tax Packages for 13th Month Pay

One of the best news of 2015 was the higher tax exemption for 13th month pay and other bonuses for income accrued beginning January 1, 2015.  The government raised the income ceiling to Php 82,000.00 giving employees from the private sectors and the government more room to enjoy their full one-month salary, incentives, and bonusesContinue reading “One Year Later: Government to Reform Income Tax Packages for 13th Month Pay”