Tag: 13th Month Pay

Gov’t employees sumugod sa SC: BIR memo na nagpapataw ng buwis sa cash benefits, pinalagan

(Eagle News) — Sumugod sa Korte Suprema ang ilang bilang ng mga mangagawa mula sa public sector sa pangunguna ng grupong COURAGE upang tutulan ang Bureau of Internal Revenue Memorandum Order No. 23-2014 na nagsasabing buwisan ang mga benepisyo ng mga mangagawa. Naniniwala ang mga mangagawa na mali ang naturang memorandum dahil ang usapin aniya ng fringe benefits gaya ng 13th month pay, cash gift at iba pa ay pantulong sa mga empleyado at hindi […]

Palace asks resort owners to advance 13th month pay of Boracay employees

(Eagle News) — Malacañang asked resort owners in Boracay Island to advance the 13th month pay of the employees affected by the six-month Boracay closure. Presidential Spokesperson Harry Roque Jr., said he suggested this to establishment owners on their last Cabinet meeting. Roque said some owners had already agreed to the suggestion of giving advance 13th month pay to their employees. Some 35,000 employees will be reportedly affected by the six-month closure and rehabilitation of […]

Bicam say those earning P250k yearly won’t be taxed; 13th month pay,other bonuses up to P90k to be tax-free

QUEZON CITY, Philippines (Eagle News) — The 13th month pay and other bonuses given to employees which would amount to P90,000 would not be taxed, nor will those with a a yearly earning of P250,000,  according to the bilateral conference committee on the Tax Reform for Acceleration and Inclusion (Train) bill. “Napagkasunduan ng bicam na muling taasan ang halaga ng 13th month pay at iba pang bonuses na hindi na kakaltasan pa ng buwis,” Senator […]

DOLE renews call for release of 13th month pay

MANILA, Dec. 21 –  Labor Secretary Silvestre Bello III reiterated his call for private employers for the release of workers’ 13th month pay. “In the spirit of this holiday season, I appeal to employers to give your workers their 13th month pay. Better yet, pay them now,” Bello said. The 13th month pay is a general labor standard. Private sector employers are duty-bound under the law to report their compliance with this worker benefit. Under the law, all employers […]

Bello to employers: Pay 13th month pay on time

MANILA, Nov. 2 — It is a must that employers pay their workers’ 13th month pay not later than December 24, Labor Secretary Silvestre H. Bello III said Monday. “All employers are required to pay their rank-and-file employees the 13th month pay, regardless of the nature of their employment, and irrespective of the methods by which their wages are paid, provided they worked for at least one month in a year,” Bello said. Labor laws and their implementing […]

Senator Recto to oppose tax on 13th month pay

QUEZON City, Philippines – Senate Minority Floor Leader Ralph Recto said that he will oppose the proposed tax on the 13th month pay as well as other bonuses. Recto also said that he will oppose other proposals of the Department of Finance such as the plan to increase taxes on petroleum products, and the removal of the tax exemption of the senior citizens and persons with disabilities. On the other hand, Recto said that he […]

Government to tax 13th month pay of government employees

QUEZON City, Philippines (Eagle News) — Based on the Comprehensive Tax Reform Plan of the Duterte administration, which will amend the Internal Revenue Code of 1997, the 13th month pay of government employees, will be taxed. House of Representatives Ways and Means Committee chairman Congressman Dakila Cua said that although the 13th month pay will be taxed, there are still substantial exemptions for those receiving up to Php 250, 000 per year. Cua added that […]