Tag: tax allowances

Supreme Court rules fringe benefits, allowances of gov’t employees can be taxed

By Moira Encina Eagle News Service The Supreme Court has ruled the allowances and fringe benefits received by government employees are subject to withholding tax. In issuing the decision on Wednesday, July 4, the SC effectively junked the petition filed by  some Regional Trial Court judges and the Confederation for Unity, Recognition and Advancement of Government Employees  against Revenue Memorandum Order (RMO) 23-2014 which imposed the tax on these income allowances, bonuses, compensation and fringe benefits. According […]