Day

// November 25, 2012
NOV
25
2012

Christmas bonuses, allowances below P60,000 should be tax-free

Support of Regional Dev’t Councils snowballs Sen. Ralph G. Recto today reiterated his proposal to raise the tax exemption ceiling on Christmas bonuses and 13th month pay to P60,000 from the current threshold of P30,000 to give more spending power to employees celebrating the
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