Annual gross income (AGI) is the total amount of money you have earned in a given year, prior to deductions for taxes and other expenses. It includes salary, wages, bonuses, commissions, tips, ...
Home Development Mutual Fund (HDMF) or popularly known as PAGIBIG Fund postpones or defers the premium rate increase of its members this 2023. Employees may expect the additional P100 contribution, ...
Withholding tax on compensation is the tax withheld from the income payments to individuals/employees arising from an employer-employee relationship. The tax withheld is remitted to the tax authority ...
Welcome 2023 with good news! Due to the prevailing effect of the pandemic to the Filipinos, the Office of the President, on its memorandum from the Executive Secretary, Mr. Lucas Bersamin, suspends ...
13th month pay is one of the mandatory benefits in the Philippines. The 13th month pay shall mean not less than one-twelfth (1/12) of the total basic salary earned by an employee within a calendar ...
Keeping track of overtime pay in any workplace can be complicated, especially if you are confused or unfamiliar with Philippine wage guidelines. This guide will provide clear instructions on how to ...
If you're a business owner or HR manager or an employee, it's important that you understand De Minimis benefits — non-taxable benefits or privileges provided to employees. By familiarizing yourself ...
The Philippines’ Social Security System (SSS) plays a crucial role in providing social security protection to Filipino workers. To ensure the well-being of its members, the SSS regularly issues ...
Employers in the Philippines are legally required to provide employees with night-shift differential pay or night shift pay, or graveyard shift pay of 10% for any hours worked between 10:00 PM and ...
The Unified Multi-Purpose ID (UMID) card is a single ID that serves as a valid ID for all transactions with the Social Security System (SSS), Government Service Insurance System (GSIS), PhilHealth, ...
As a soon-to-be mother, the cost of having a baby is likely one of your biggest concerns. The good news is that there are resources available to help you manage those costs. The Social Security System ...
Joining PhilHealth Online is an easy and convenient way to keep track of your monthly contributions and take advantage of the services that the organization provides. This step-by-step guide will help ...