Tag: low-income wage earners

Congress seeks to exempt workers earning less than P180,000 from paying taxes

QUEZON CITY, Sep. 11 — Workers earning less than P180,000 annually would no longer have to pay income tax once the House Bill reducing individual and personal income taxes becomes a law. The House of Representatives Committee on Ways and Means’ Technical Working Group is now finalizing the consolidated version of the bill after 11 public hearings. Committee Vice-Chair Sharon S. Garin explains that the bill is meant to increase the take-home pay of employees in […]