Tag compensation tax table

Income Tax, Tips

A Quick Guide to Understanding Regular Holiday Pay

In the Philippines, regular holidays are mandated by law. There are two types of regular holidays: those that are fixed, and those that move around based on the lunar calendar. There are also special non-working days, which are declared by the president.

Rosben Orbeso Murillo, CPA
October 18, 2022

Income Tax

What Is The Minimum Wage In The Philippines

What is the minimum wage in the Philippines? This is a question that many people are asking, as there have been talks about increasing it. Here, we will discuss what the current minimum wage is, and how it may be changing in the near future. Keep reading to learn more!

Rosben Orbeso Murillo, CPA
August 24, 2022

Tax Preparation, Tips

The Withholding Tax On Compensation Income Guide

compensation tax table on withholding tax on compensation

If you own a business in the Philippines, you must be familiar with Withholding Tax on Compensation (WTC). This tax is levied on certain payments made by employers to their employees based on the compensation tax table. The WTC is…

Rosben Orbeso Murillo, CPA
July 14, 2022