Home » Posts tagged with » 13th month pay

Bonus tax exemption up to P90,000

The Senate and House of Representatives bicameral conference committee have agreed to increase the tax exemption ceiling on the 13th month pay and other bonuses to P90,000 under President Duterte’s Tax Reform for Acceleration and Inclusion bill, Sen. Sonny Angara, head of the Senate bicameral panel and chairman of the Senate Ways and Means Committee, said.