Question about Tax and Bonus..

[aicute12]

I studied Tax 1 and 2, sa college, pero siyempre, nakalimutan ko na po.. :lol:
Ngayon po, sana may makapagbigay sa akin ng formula :bashful: para magkwenta ng tax every month..
Feeling ko kase ang laki laki ng tax ko.. maliit lang yung sweldo ko, pero palaging 2000 every cut off, parang exaggerated.. (hindi naman sa hindi ako naniniwala sa payroll.. gusto ko lang alam ko din)

About sa bonus naman,hanggang magkano po ba ang threshold ng bonus every year? Ang laki kase ng tax ko sa bonus (13th month), around 3500 po.. Akala ko pa naman buo kong makukuha yun... :grrr:

Sa mga matatalino kong Kapex, mga accountant at mga nagtatrabaho sa Bir diyan.. tulong...:glee:

[lanibabe]

I dont know how to compute for tax. yan din nga ang aking tanong. pero diba ang 13th month non-taxable? or does it depend sa company? sa amin kasi buo nakukuha.

[Dacs]

Kung may tax ang 13th month nyo, ibig sabihin in excess na ng 30000 ang sahod nyo and AFAIK yung taxable lang yung excess ng 30k.

[aicute12]

Ano po ba ang threshold? Di ba tinaasan na hanggang 50k?

[Zhamx]

Check BIR website.. andun yung bagong ruling ng income tax na ang ibabawas sa taxable income ay from 20K ginawang 50K . Di ba effectivity nun this year ng June pero from our payslip it reflects the same amount yung nakakaltas sa tax.
Are we entitled for Income Tax refund at year end???

[Dacs]

Tax refund na yan!

Ay oo AFAIK tinaasan na nga yan. Pero alam ko iba pa yun dun sa bonuses eh.

I'm no accountant though kaya I may be wrong.

[wulpgang]

Guys, 30K ang maximum na exempt sa income tax sa bonus including 13th mo pay etc, . hindi pa tinataasan. as to the computation, ng income tax withheld on compensation, actually madali lang yun, magbasa ka lang ng libro sa tax madaling maintindihan. kung mataas ang tax mo, ok lang yan dahil marerefund monaman yan by january 30. (Deadline ng alphalist of employees)

[wulpgang]

Check BIR website.. andun yung bagong ruling ng income tax na ang ibabawas sa taxable income ay from 20K ginawang 50K . Di ba effectivity nun this year ng June pero from our payslip it reflects the same amount yung nakakaltas sa tax.
Are we entitled for Income Tax refund at year end???
ang sinasabi mo ay ang personal exemption (based yan sa status ng taxpayer, single, married Head of family) pero ngayon, lahat yan ay 50k na kahit ano pa status mo.

yung sinasabi mong 50k exemption ay hindi pa pwede i-claim ng buo, dahil sabi ng BIR, kalahati ng taon na ito naimplement kaya ipro-prorate pa ito so kung single ka, ang personal exemption mo ay
35,000 sa buong taon (20,000 plus 50,000 divide by two)

[wulpgang]

Kung may tax ang 13th month nyo, ibig sabihin in excess na ng 30000 ang sahod nyo and AFAIK yung taxable lang yung excess ng 30k.

exactly.:)

[Zhamx]

ang sinasabi mo ay ang personal exemption (based yan sa status ng taxpayer, single, married Head of family) pero ngayon, lahat yan ay 50k na kahit ano pa status mo.

yung sinasabi mong 50k exemption ay hindi pa pwede i-claim ng buo, dahil sabi ng BIR, kalahati ng taon na ito naimplement kaya ipro-prorate pa ito so kung single ka, ang personal exemption mo ay
35,000 sa buong taon (20,000 plus 50,000 divide by two)

Yes, you're right kase nga naman half of the year na yan implemented. My question is, how will I know if I am entitled for Tax Refund which I believe I should have because of adjustments in Personal Excemption?
I heard some companies keep the tax refunds on their pockets and not give it to their employees.

[aicute12]

Yes, ako din pala.. Wala din akong nakukuhang tax refund?

[wulpgang]

Yes, you're right kase nga naman half of the year na yan implemented. My question is, how will I know if I am entitled for Tax Refund which I believe I should have because of adjustments in Personal Excemption?
I heard some companies keep the tax refunds on their pockets and not give it to their employees.

Regarding this "proration" mali ito, really, The BIR is killing the spirit of RA 9504.

as for your question. ask for your BIR form 2316. makikita mo dito kung magkano ang ni-remit nila. (kaya lang, madali lang itong dayain, sa toto lang) the best way is to learn how to compute your income tax, madali lang ito, sa totoo lang, and... its best to keep your payslip for future reference. :)

[real madrid]

sa mga nakaraang taon ko may tax refund ako pero this year
last january wala na, magaling na ba ang accounting namin kasi sakto bawas nila?

[aicute12]

Kuya wulpgang, pano po ba magcompute ng tax every month? or every cut off?

[wulpgang]

Kuya wulpgang, pano po ba magcompute ng tax every month? or every cut off?

oist ate ai dont call me kuya bata pako. heheh*peace*

anyway, itototal yung lahat ng taxable income, less non taxable, less exemptions, to arrive at the taxable income for the period, yun na yun, may table po ito check nyo nalang sa BIR

pwede nyo ako icorrect, kasi i dont do payroll e. pero more or less ganyan yun.:)

[rainmaker5821]

Kuya wulpgang, pano po ba magcompute ng tax every month? or every cut off?

hi, ang actual computation po ng income tax is done on an annual basis pero po ang mga kumpanya sa pilipinas kadalasan ay kinakaltasan na ang sweldo natin kada sweldo na approximately sa kabuoan ay dapat kapareho din ng kakaltasin sayo kung ginawa lang nila yun isang beses isang taon.

Sa pagcompute ng income tax sa pinakasimpleng paraan para sa mga empleyado:

1) i-total lang lahat ng income nyo kasama lahat ng bonuses at iba pang dagdag na compensation...
2) bawasan ng 30,000 (or kung mas mababa lahat ng bonuses mo, ibawas mo yung amount na yun)
3) bawasan mo ulit ng 35,000 na personal exemption (next year ay 50,000 na)
4) bawasan mo ng 25,000 kada anak, maximum apat na anak
5) tapos yung matitira i-multiply sa applicable rate sabi sa schedule sa baba

Not over P10,000………………………………… 5%
Over P10,000 but not over P30,000……………… P500+10% of the excess over P10,000
Over P30,000 but not over P70,000……………… P2,500+15% of the excess over P30,000
Over P70,000 but not over P140,000……..……… P8,500+20% of the excess over P70,000
Over P140,000 but not over P250,000…………… P22,500+25% of the excess over P140,000
Over P250,000 but not over P500,000…………… P50,000+30% of the excess over P250,000
Over P500,000 ...................P125,000+32% of the excess over P500,000

Example: if ang sweldo mo ay 15,000 a month, tapos up to 13th month sa kumpanya, may-asawa at 6 na anak - ang tax mo ay:


Gross Income 195,000 (15,000 x 13)
Personal Exemption 15,000 (kasi mas mababa bonus sa 30k)
Additional exemption 100,000 (kasi 4 maximum pwede: 4 x 25,000)

Taxable Income 80,000
Income Tax 10,500 (3rd bracket: 8,500 + 10,000 x 20%)


meron pang ibang pwedeng idagdag o ibawas sa computation sa itaas pero yan na siguro yung pinakasimple na pagcompute ng income tax.

Since kinakaltasan tayo every month, pwede yung makaltas ay kulang o sobra sa makokompute sa dulo ng taon. dahil doon, magkakaroon ng karagdagang kaltas o kaya ay refund kung mas malaki ang kinaltas dati. depende lang lahat yan kung gaano kalaki kinakaltas ng mga employers mo.

tama yung isang poster pinakamaganda hingin nyo yung BIR form at matutunan nyo magcompute ng sarili para pwede nyo pag-aralan kung tama ang pagkaltas ng mga employers.

*okay*

[aicute12]

I so love you kuya rainmaker!! :kiss:
Madami kang napasaya ngayong araw na ito..
Mga kaopisina ko..

Malamang may tax2 ka..ahehe,..

Kuya wulpgang maramaming salamat din sayo huh :bungi:

[johnnymarky]

pag wala akong OT, 30% bracket ako, pero pag may OT ako kahit konti lang, nasa 32% na ako. Ang lupit talaga ng tax system. Ang laki ng kaltas.

Next year na ba magtake effect ang 50,000 personal exemption? diba nung july pa? Pero depende sa strategy ng company yun. Pwede same computation pa rin, pero sa end of the year, irerefund na lang ang excess tax.

[real madrid]

kaya nga minsan nagtataka ako ito knting OT kang ganito ang kaltas
pero ito madami OT halos pareho lang ang kaltas konti lang difference
nila.... waaa tax system talaga.

[aicute12]

May nakakaalam ba ng pagkwenta ng tax refund? :glee:

[real madrid]

payag ba kayo sa GC na bayad sa inyo?

para wala na tax

[council]

payag ba kayo sa GC na bayad sa inyo?

para wala na tax


GC as sweldo? Not possible.

ART. 102. Forms of payment. - No employer shall pay the wages of an employee by means of promissory notes, vouchers, coupons, tokens, tickets, chits, or any object other than legal tender, even when expressly requested by the employee.


Paano na kung kailangan mo ng gasolina at ang GC na binibigay sa inyo ay puro SM?

[aicute12]

Parang ang hirap naman kung GC ang sweldo diba.. nu ba yun..

[real madrid]

may mga company na ganun mababa ang basic pay

at yung mga ibang benefits ay naka GC na.

[jackbrng]

hi, ang actual computation po ng income tax is done on an annual basis pero po ang mga kumpanya sa pilipinas kadalasan ay kinakaltasan na ang sweldo natin kada sweldo na approximately sa kabuoan ay dapat kapareho din ng kakaltasin sayo kung ginawa lang nila yun isang beses isang taon.

Sa pagcompute ng income tax sa pinakasimpleng paraan para sa mga empleyado:

1) i-total lang lahat ng income nyo kasama lahat ng bonuses at iba pang dagdag na compensation...
2) bawasan ng 30,000 (or kung mas mababa lahat ng bonuses mo, ibawas mo yung amount na yun)
3) bawasan mo ulit ng 35,000 na personal exemption (next year ay 50,000 na)
4) bawasan mo ng 25,000 kada anak, maximum apat na anak
5) tapos yung matitira i-multiply sa applicable rate sabi sa schedule sa baba

Not over P10,000………………………………… 5%
Over P10,000 but not over P30,000……………… P500+10% of the excess over P10,000
Over P30,000 but not over P70,000……………… P2,500+15% of the excess over P30,000
Over P70,000 but not over P140,000……..……… P8,500+20% of the excess over P70,000
Over P140,000 but not over P250,000…………… P22,500+25% of the excess over P140,000
Over P250,000 but not over P500,000…………… P50,000+30% of the excess over P250,000
Over P500,000 ...................P125,000+32% of the excess over P500,000

Example: if ang sweldo mo ay 15,000 a month, tapos up to 13th month sa kumpanya, may-asawa at 6 na anak - ang tax mo ay:


Gross Income 195,000 (15,000 x 13)
Personal Exemption 15,000 (kasi mas mababa bonus sa 30k)
Additional exemption 100,000 (kasi 4 maximum pwede: 4 x 25,000)

Taxable Income 80,000
Income Tax 10,500 (3rd bracket: 8,500 + 10,000 x 20%)


meron pang ibang pwedeng idagdag o ibawas sa computation sa itaas pero yan na siguro yung pinakasimple na pagcompute ng income tax.

Since kinakaltasan tayo every month, pwede yung makaltas ay kulang o sobra sa makokompute sa dulo ng taon. dahil doon, magkakaroon ng karagdagang kaltas o kaya ay refund kung mas malaki ang kinaltas dati. depende lang lahat yan kung gaano kalaki kinakaltas ng mga employers mo.

tama yung isang poster pinakamaganda hingin nyo yung BIR form at matutunan nyo magcompute ng sarili para pwede nyo pag-aralan kung tama ang pagkaltas ng mga employers.

*okay*

correct ko lang ito ha, medyo mali eh.

sabi sa kanyang halimbawa ay may asawa at 6 na anak, assume ko na under 21 y.o. ang mga dependent para ma-allowed sila as dependent, so ang status nya ay ME-4, i.e. married with four dependent. 4 lang na dependent ang maximum numbers na allowed ng tax code. Ayon sa RR No. 10-2008, pro-rating ang personal exemption at additonal exemptions sa mga dependent. Sa ganitong status ang kanyang personal exemption ay P41,000 (P32,000/2 - old law + P50,000/2 - new law) at ang kanyang additional exemption ay P66,000 (P8,000 per dependent/2 x 4 - old law + P25,000 per dependent/2 x 4 - new law) total of P107.000. So meron na tayong exemption.

Sa taxable income naman, sabi sa halimbawa ay P15,000 per month so ang total sa isang taon ay P180,000 (P15,000.00 x 12). Ang 13th month nito ay P15,000.00 din (P180,000.00/12). Ngunit hindi taxable ang thirteen month dahil mababa sya sa ceiling ng P30,000.00. At kung sakali lumagpas ng P30,000.00 ang benepisyong ito dahil maliban sa 13th month ay may bonus pa, yung excess lang ang taxable at hindi yung kabuuang halaga ng 13th month at bonus. So meron na tayong taxable income.

Idagdag ko lang dahil hindi ito naibigay sa halimbawa at malabong wala kayong ganito. Ito ay yung SSS, Philhealth at Pagibig. mga non-tax deductions ang mga ito. Ibabawas ito sa iyong Taxable income. Kung ayon sa halimbawa, ang sahod kada buwan ay P15k, ang SSS nito ay P500/month, Philhealth ay P187.50/month at Pagibig ay P300/month. Total nito lahat ay P11,850.00. So meron na tayong Non-taxable income.

Ganito po ang aking pagkwenta:

Taxable income 180,000.00
Less:Non-taxable income 11,850.00
Net Taxable Income 168,150.00
Less:Exemption 107,000.00
Net Taxable Income 61,150.00
Less: Compensation Level 30,000.00
Excess 31,000.00

Tax on Compensation Level P2,500.00
Tax on Excess
(P31,000 x 15%) 4,672.50
Tax Due 7,172.50

[jackbrng]

May nakakaalam ba ng pagkwenta ng tax refund? :glee:

ang tax refund ay ang kasobrahan ng kinaltas na kung tawagin ay withholding tax sa annual tax due mo. nakukwenta ito sa pinakahuling payroll ng isang empleyado. ang tawag dito ay year-end adjustment. dito malalaman kung may ikakaltas pa ba sa sahod ng empleyado o may ibabalik sa kanyang refund.

ang pagkwenta ng tax refund ay ganito. gagamitin ko yung halimbawa sa itaas, married with 4 dependent, P15,000.00 ang monthly income, ang monthly deductions ay SSS - P500, Philhealth - P187.50, Pagibig - P300.00. Net Monthly Taxable income nya ay P14,012.50. Sa old law ang withholding tax nya monthly ay P1,277.43 multiply natin ng 6 months dahil cover ng old law yung Jan to June, 2008 magresult ng P7,664.58. Sa new law naman, ang ginamit na tax table ay yung transitional withholding tax table, ang withholding tax monthly ay P1,094.23 multiply natin ng 5 months dahil hanggang november lang pagtotal ng withholding tax at yung december ay para sa year end adjustment na, mag result ito ng P5,471.15. Total withholding tax from Jan. to Nov. ay P13,135.73. Ang Annual Income Tax due natin sa halimbawa sa itaas ay P7,7172.50, so wala na syang kaltas sa payroll nya sa december at magkaka Tax Refund sya ng P5,963.23.

sana nakatulong......

[aicute12]

May tanong po ako ulit..

Ang Taxable income ko for the month of Novermber kunyare ay P180000..Ang taxable income ko next cut off ay P12000.. Dapat ba ang total na lalabas sa payslip ay Taxable Income= P192000??
Tapos next cutoff ang taxable income ay P8000, so dapat P200000 na diba?

[shamhoy]

Check out this site:

http://tax-computation.blogspot.com/2008/10/which-rate-or-bracket-do-you-belong.html

http://tax-computation.blogspot.com/2008/10/governments-tax-relief-program.html

You may also download the new tax tables here:

Transitional Withholding Tax Table - From July to December 2008
ftp://ftp.bir.gov.ph/webadmin1/pdf/42126Annex%20D.pdf

revised withholding tax table - January 1, 2009
ftp://ftp.bir.gov.ph/webadmin1/pdf/42126AnnexC.pdf

Happy computing! :D

[jackbrng]

May tanong po ako ulit..

Ang Taxable income ko for the month of Novermber kunyare ay P180000..Ang taxable income ko next cut off ay P12000.. Dapat ba ang total na lalabas sa payslip ay Taxable Income= P192000??
Tapos next cutoff ang taxable income ay P8000, so dapat P200000 na diba?

Pinipresent ba sa payslip nyo ang accumulated income nyo for the year? kung ganun pa man, base sa iyong tanong, tama naman yang computation mo.

[aicute12]

Bakit may sobrang 1000 sa taxable income ko? Minsan 500?

[aicute12]

Check out this site:

http://tax-computation.blogspot.com/2008/10/which-rate-or-bracket-do-you-belong.html

http://tax-computation.blogspot.com/2008/10/governments-tax-relief-program.html

You may also download the new tax tables here:

Transitional Withholding Tax Table - From July to December 2008
ftp://ftp.bir.gov.ph/webadmin1/pdf/42126Annex%20D.pdf

revised withholding tax table - January 1, 2009
ftp://ftp.bir.gov.ph/webadmin1/pdf/42126AnnexC.pdf

Happy computing! :D

This helped me a lot as well..:D

[rainmaker5821]

correct ko lang ito ha, medyo mali eh.

sabi sa kanyang halimbawa ay may asawa at 6 na anak, assume ko na under 21 y.o. ang mga dependent para ma-allowed sila as dependent, so ang status nya ay ME-4, i.e. married with four dependent. 4 lang na dependent ang maximum numbers na allowed ng tax code. Ayon sa RR No. 10-2008, pro-rating ang personal exemption at additonal exemptions sa mga dependent. Sa ganitong status ang kanyang personal exemption ay P41,000 (P32,000/2 - old law + P50,000/2 - new law) at ang kanyang additional exemption ay P66,000 (P8,000 per dependent/2 x 4 - old law + P25,000 per dependent/2 x 4 - new law) total of P107.000. So meron na tayong exemption.

Sa taxable income naman, sabi sa halimbawa ay P15,000 per month so ang total sa isang taon ay P180,000 (P15,000.00 x 12). Ang 13th month nito ay P15,000.00 din (P180,000.00/12). Ngunit hindi taxable ang thirteen month dahil mababa sya sa ceiling ng P30,000.00. At kung sakali lumagpas ng P30,000.00 ang benepisyong ito dahil maliban sa 13th month ay may bonus pa, yung excess lang ang taxable at hindi yung kabuuang halaga ng 13th month at bonus. So meron na tayong taxable income.

Idagdag ko lang dahil hindi ito naibigay sa halimbawa at malabong wala kayong ganito. Ito ay yung SSS, Philhealth at Pagibig. mga non-tax deductions ang mga ito. Ibabawas ito sa iyong Taxable income. Kung ayon sa halimbawa, ang sahod kada buwan ay P15k, ang SSS nito ay P500/month, Philhealth ay P187.50/month at Pagibig ay P300/month. Total nito lahat ay P11,850.00. So meron na tayong Non-taxable income.

Ganito po ang aking pagkwenta:

Taxable income 180,000.00
Less:Non-taxable income 11,850.00
Net Taxable Income 168,150.00
Less:Exemption 107,000.00
Net Taxable Income 61,150.00
Less: Compensation Level 30,000.00
Excess 31,000.00

Tax on Compensation Level P2,500.00
Tax on Excess
(P31,000 x 15%) 4,672.50
Tax Due 7,172.50


Tama to. Hehe, sorry, nung binasa ko weird nga sagot ko. :p ayos yan, mas may time siya tingnan ng mabuti income tax computations. Haha! *okay* ikaw ba yung lecturer sa CPAR? kamukha kasi yung nasa picture. Haha!

on the query above, if mejo off by a couple of hundred bucks, baka may mga deductions / inclusions na hindi mo nasama like allowances or union / sports club fees.. blah blah...

[financeguy_08]

if u want din, hingi ka rin ng schedule on how to compute income tax on a 15 days payroll cut-off para malaman mo rin kung papano. Doon sa schedule naka break down sya into weekly, semi-montly, and montly if pano mag compute ng tax. Hingi ka nalang copy ng ganun and if u dont, ask someday to teach u on how to compute it and then compare it with the actual computation don sa payslip mo.

[aicute12]

AH, I see. ANyone here who knows how to compute salary for 15 days payroll cut off? :bounce2:

[aicute12]

up up and away :bounce2:

[vanillaicecream]

I moved to a different company just this November and my previous employer can't give me my BIR 2316 form yet. So eto sabi sakin ng HR ng current employer ko...

Failure to submit the BIR 2316 will mean that you will not be entitled for the personal tax exempt deduction, In such case your earnings in <current employer> will be computed with zero personal exemption and will not be qualified under substitute filling.

What does this mean?

[aicute12]

Hala, ang personal exemption pa naman is 20 thousand.. tsk.tsk..

[jackbrng]

I moved to a different company just this November and my previous employer can't give me my BIR 2316 form yet. So eto sabi sakin ng HR ng current employer ko...

Failure to submit the BIR 2316 will mean that you will not be entitled for the personal tax exempt deduction, In such case your earnings in <current employer> will be computed with zero personal exemption and will not be qualified under substitute filling.

What does this mean?

Mali ang HR ng current employer mo. Hindi basis ang 2316 sa pagdetermine ng status ng isang employee. Section 2.79 (B)(2)(d) ng BIR Revenue Regulation 2.98 provides that Zero exemption for (a) employee with multiple employers simultaneouly, with respect to second, third, etc. employer and (b) for employee who fails to file and application for registration (BIR Form 1902) or an exemption certificate (BIR Form 2305).

Section 2.79.1 (A)(8) of same BIR Revenue Regulation provides that, Successive Multiple Employment - An employee who transferred to another employer during the taxable year, shall furnish his new employer with an Exemption Certificate (Form No. 2305) indicating therein his previous employments during the taxable year (name of employer/s, address, TIN/s and the date/s of his separation) and attach the said certificate, a copy of the Certificate of Income Tax Withheld on Compensation (BIR Form No. 2316) for the calendar year issued by previous employer/s.

Section 2.79.2 provides that Failure to file application for Registration (Form No. 1902 or Exemption Certificate) - When an employee, in violation of these regulation either fails or refuses to file an Application for Registration (Form No. 1902) together with the required attachments, the employer shall withhold the taxes prescribed under the Schedule for Zero Exemption of the Revised Withholding Tax Table effective January 1, 1998. In case of failure to file the Exemption Certificate (Form Mo. 2305) together with attachments, the employer shall withhold the taxes based on the reported personal exemptions existing prior to the change of status and without reflecting any change. Any refund or underwithholding that shall arise due to the violation shall be covered by the penalties prescribed in Section 80 of the NIRC, as amended (Liability for Tax).

Sa tatlong nasabing Sections ng naturang regulasyon, napakalinaw na hindi binanggit ang BIR Form 2316 na maging basehan para ikaw ay maging Zero exemption. Maari ka lang magiging Zero exemption kung hindi ka nagparehistro sa BIR gamit ang Form No. 1902. Ngunit, kung ikaw ay nakapagparehistro at may BIR Form No. 1902 ka, yun ang ibibigay mo sa iyong employer at kung ano ang estado mo sa nasabing Form, yun ang gagamitin ng iyong employer sa pagkwenta ng iyong withholding tax at hindi Zero exemption, kahit hindi ka pa nakakapagsumite ng BIR Form No. 2316.

[aicute12]

Pag regular employee ba walang tax refund?

[KuyaDanny]

Kung wasto ang withholding, walang tax refund.

[vanillaicecream]

Mali ang HR ng current employer mo. Hindi basis ang 2316 sa pagdetermine ng status ng isang employee. Section 2.79 (B)(2)(d) ng BIR Revenue Regulation 2.98 provides that Zero exemption for (a) employee with multiple employers simultaneouly, with respect to second, third, etc. employer and (b) for employee who fails to file and application for registration (BIR Form 1902) or an exemption certificate (BIR Form 2305).

Section 2.79.1 (A)(8) of same BIR Revenue Regulation provides that, Successive Multiple Employment - An employee who transferred to another employer during the taxable year, shall furnish his new employer with an Exemption Certificate (Form No. 2305) indicating therein his previous employments during the taxable year (name of employer/s, address, TIN/s and the date/s of his separation) and attach the said certificate, a copy of the Certificate of Income Tax Withheld on Compensation (BIR Form No. 2316) for the calendar year issued by previous employer/s.

Section 2.79.2 provides that Failure to file application for Registration (Form No. 1902 or Exemption Certificate) - When an employee, in violation of these regulation either fails or refuses to file an Application for Registration (Form No. 1902) together with the required attachments, the employer shall withhold the taxes prescribed under the Schedule for Zero Exemption of the Revised Withholding Tax Table effective January 1, 1998. In case of failure to file the Exemption Certificate (Form Mo. 2305) together with attachments, the employer shall withhold the taxes based on the reported personal exemptions existing prior to the change of status and without reflecting any change. Any refund or underwithholding that shall arise due to the violation shall be covered by the penalties prescribed in Section 80 of the NIRC, as amended (Liability for Tax).

Sa tatlong nasabing Sections ng naturang regulasyon, napakalinaw na hindi binanggit ang BIR Form 2316 na maging basehan para ikaw ay maging Zero exemption. Maari ka lang magiging Zero exemption kung hindi ka nagparehistro sa BIR gamit ang Form No. 1902. Ngunit, kung ikaw ay nakapagparehistro at may BIR Form No. 1902 ka, yun ang ibibigay mo sa iyong employer at kung ano ang estado mo sa nasabing Form, yun ang gagamitin ng iyong employer sa pagkwenta ng iyong withholding tax at hindi Zero exemption, kahit hindi ka pa nakakapagsumite ng BIR Form No. 2316.

ang sabi nung HR namin, kasi hindi nila alam kung ano yung ginawa ng previous employer. so at least by doing this, mas malaki yung possibility na wala akong magiging utang sa BIR once I do personal filing next year. haaaaaaaaaay ano ba toh.... malas.

[real madrid]

ang sabi nung HR namin, kasi hindi nila alam kung ano yung ginawa ng previous employer. so at least by doing this, mas malaki yung possibility na wala akong magiging utang sa BIR once I do personal filing next year. haaaaaaaaaay ano ba toh.... malas.



pwedeng gawan na lang ng paraan,
bakit ka pa magbabayad kinaltasan ka na
sa dati mong work

[jackbrng]

Pag regular employee ba walang tax refund?

walang kinalaman ang employement status sa tax refund. kesyo regular, contractual, o casual, as long na kinakaltasan ka at mas malaki withholding tax mo sa income tax due, may tax refund ka.

Usually, kung nakakumpleto ka ng isang taon sa employer mo, dapat wala ka ng tax refund. Nangyayari ang tax refund kung:
1. Bago ka lang sa kumpanya mo, ibig sabihin, kulang ng isang taon ang employment mo.
2. Nagbago status mo like from single to head of the family or married, or head of the family to married sa loob ng isang taxable year. Ngunit sa 2009, bale wala na itong status dahil iisa na lang personal exemption sa lahat ng status.
3. Nagkaroon o nadagdagan ka ng dependents sa loob ng isang taxable year.
4. Nagkaroon ng bagong batas o regulasyon na binago ang halaga ng mga exemption katulad ng nangyari ngayong taon na na-aprubahan at naging batas ang RA9504

[aicute12]

Ah, kahit ang tax na naabot ko ng for december is 46k wala pa din bang refund yun?

[jackbrng]

Ah, kahit ang tax na naabot ko ng for december is 46k wala pa din bang refund yun?

maaring meron, maaring wala. kung ang income tax due mo for this year ay 46k din, wala kang tax refund ngunit kung mas maliit ang income tax due mo, yung difference ay magiging tax refund mo. Kung mas malaki pa pala yung income tax due mo, makakaltasan ka pa.

[Flyunzipped]

Ano ba yung tax exemptions? Para san? hay sorry naman.

[jackbrng]

Ano ba yung tax exemptions? Para san? hay sorry naman.

sa withholding taxes at income taxes para sa individual, dalawa ang kahulugan ng tax exemption. Una, ay yung bagong batas, RA9504, na nag-exempt sa mga minimum wage earner sa income tax. Ibig sabihin, walang buwis ang mga sumasahod ng Minimum Wage. Pangalawa, ay yung exemption bilang kabawasan sa Taxable Income mo. Ito ay yung Basic Exemption base sa status mo, tulad ng single, head of the family o married at Additional Exemption na base sa qualified dependent/s mo.

[aicute12]

Add ko nalang din po ha..
Pag nagresign ka ba sa isang kompanya, ano ano ang mga included sa backpay?

[council]

Add ko nalang din po ha..
Pag nagresign ka ba sa isang kompanya, ano ano ang mga included sa backpay?

UP ko lang..

Sino pong may alam sa backpay?:D

That's a misnomer. Backpay or backwages generally refers to payments made by the company to a former employee covering the salaries earned during the period from separation/termination to the point of final judgment in a labor case filed.

As to final salary or final pay due to resignation, the minimum would be:

1. unpaid salary for days worked
2. 13th month pay (prorated)
3. leave conversion (or service incentive leave, max of 5 days)
4. tax refund or adjustment

[aicute12]

Ah, so it doesnt mean na lahat ng withholding tax mo ang babalik sayo?

[council]

Ah, so it doesnt mean na lahat ng withholding tax mo ang babalik sayo?

you are still required by law to pay taxes for your income, so you only get back any amount that you overpay.

[aicute12]

Ah, akala ko kase yung buong amount ng tax na binayad mo from the span of time yung makukuha mo..

[council]

Ah, akala ko kase yung buong amount ng tax na binayad mo from the span of time yung makukuha mo..

pag ganun, in effect, hindi ka nagbayad ng tax sa income mo.

[climaxcooldud]

What if your employer taxes you with 15%?

Is your 13th gonna be taxed the same way or the first 30T will only be taxed free.

[aicute12]

Basta kapag ang bonus lumagpas ng 30k, taxable ang 13th month pay..

[aicute12]

up ko lang tong thread na to para makatulong sa iba..

[jackbrng]

What if your employer taxes you with 15%?

Is your 13th gonna be taxed the same way or the first 30T will only be taxed free.

you mean, pasok ka sa 15% tax bracket? no problem with that, basta ba doon pasok yung income mo eh.

in regards sa 13th month, yung excess sa 30K yung taxable at doon ibi-base yung withholding tax mo and not necessarily the same percentage as your compensation income

[aicute12]

Jack, incase may tax refund, kase sa company namin, 20000 lang ang exemption, may kumakalat na chismax na may tax refund daw dahil dapat 50000. Paano kaya yun?

[rainmaker5821]

I think what he meant by 15% taxed would be kung offshore banking units or regional area headquarters of a multinational corporation etc. Hehe. sorry, nakalimutan ko na kung paano yun..

[aicute12]

Ano ba ang itsura ng ITR?

[aicute12]

bump!! bump!!

[council]

Ano ba ang itsura ng ITR?

To get an idea, you can download a copy of Forms 1700 or 1701 plus Form 2316 from the BIR website.

[climaxcooldud]

yup our company is a regeional area headquarters that is why our montly tax for our salary is 15% but our 13th month is treated the same let us say you are earning 25T your 13thmonth will be 25T*0.85, thats what we have in our company

[mykel angelo]

Paano kung mali ang computation ng hr sa witholding tax, chinecheck pa ba ng bir kung naremit ba ng tama ng taxes. Kasi, pakiramdam ko, dapat may refund ako, kaso wala. Paano kaya ang computation? yung detailed kasi magkaiba yung jan - june at july - dec.

[aicute12]

Tama mykel angelo.. good thing is chumismis ako at inencourage ko mga officemates ko magtanong sa Payroll dept.. Ang magandang ngyare dun, last cut off. wala kaming tax.. hehe :glee:

[aicute12]

Wala na yatang may problema sa Tax ngayon ah.. :glee:

[aicute12]

And tax refund ba ay taxable? :D *okay*

[aicute12]

walang sumasagot.. hehe :glee:

:lurker:

[council]

And tax refund ba ay taxable? :D *okay*

walang sumasagot.. hehe :glee:

:lurker:

serious question ba?
serious answer - it isn't. kasi excess tax na iyan na binabalik.

joke question ba?
answer - yes it's taxable, kasi income mo rin yan.

[aicute12]

Wala lang, serious yung kuya council.. alam mo naman ako.. bobo ako sa math.. :bungi:

[wacky98]

paano nga ba? Witholding tax?

[aicute12]

paano nga ba? Witholding tax?

anong tanong mo?

[mykel angelo]

Paano magcompute ng Tax.

Yung formula ng
Taxable income at Tax?

Ano kasama sa taxable income?
Basic Pay
Mid Year Bonus
Overtime Pay
Rice Allowance
Sick Leave with Pay
Meal Allowance
Midnight Differential
13th month pay
SSS
Medicare
Pag-ibig?

[msaber69]

check out sweldista.com :)

[aicute12]

Magbackread ka, may links dun sa sagot mo, step by step computation!!

[Dad ni Jacob]

up ko 'to....

Changed employers within 2008...malaki yung tax rate ko the last 2 months of 2008 (new employer). I was required to submit Form 2316 from my previous employer (Jan-June 2008) which I've yet to do. Kung hindi ko raw ma-submit, my tax refund will be computed based on my new rate but I will be made to file my own ITR come April. Based on my own computations dito sa bagong rate, I will be getting more than P15K in refund. I believe it will be lower (baka nga zero refund pa) kung isasama yung compensation data ko nung Jan-June 2008.

Pag nag-file ba ako ng ITR sa April, doon ako magbabayad ng "sobrang ni-refund" sa akin? Will appreciate replies. :)

[aicute12]

Naku sana dumating si kuya council para masagot niya to..

[Dad ni Jacob]

up for today....still awaiting replies....

up ko 'to....

Changed employers within 2008...malaki yung tax rate ko the last 2 months of 2008 (new employer). I was required to submit Form 2316 from my previous employer (Jan-June 2008) which I've yet to do. Kung hindi ko raw ma-submit, my tax refund will be computed based on my new rate but I will be made to file my own ITR come April. Based on my own computations dito sa bagong rate, I will be getting more than P15K in refund. I believe it will be lower (baka nga zero refund pa) kung isasama yung compensation data ko nung Jan-June 2008.

Pag nag-file ba ako ng ITR sa April, doon ako magbabayad ng "sobrang ni-refund" sa akin? Will appreciate replies. :)

[council]

up ko 'to....

Changed employers within 2008...malaki yung tax rate ko the last 2 months of 2008 (new employer). I was required to submit Form 2316 from my previous employer (Jan-June 2008) which I've yet to do. Kung hindi ko raw ma-submit, my tax refund will be computed based on my new rate but I will be made to file my own ITR come April. Based on my own computations dito sa bagong rate, I will be getting more than P15K in refund. I believe it will be lower (baka nga zero refund pa) kung isasama yung compensation data ko nung Jan-June 2008.

Pag nag-file ba ako ng ITR sa April, doon ako magbabayad ng "sobrang ni-refund" sa akin? Will appreciate replies. :)

Yes. Payment via bank.

[aicute12]

Ang saya ko.. 2k lang ang tax ko ngayong cut off.. yehey!!

Bakit kaya mas mababa.. :hmm:*okay*

[glacier05]

Ang saya ko.. 2k lang ang tax ko ngayong cut off.. yehey!!

Bakit kaya mas mababa.. :hmm:*okay*


nag take effect na kasi yung 50k na personal exemption regardless of status. dati kasi 20k lang pag single ka. nagulat din ako nung una e. haha. pero di naman ganun kalaki yung binawas sa withholding tax.

[aicute12]

Ahh.. that's good..

Sana wala nalang tax sa Pilipinas.. :glee:

[pagie]

nag take effect na kasi yung 50k na personal exemption regardless of status. dati kasi 20k lang pag single ka. nagulat din ako nung una e. haha. pero di naman ganun kalaki yung binawas sa withholding tax.

Bakit ganun? ang nakuha kong copy ng revised witholding tax table ay hindi naman 50K ang exemption ng S/HF/ME? 25K lang siya. Halos walang pagbabago...:confused:

Ang tax ko this year ay tumaas pa ng almost 600pesos.:mecry:

Sino sa inyo may copy ng bagong tax table? baka kasi mali yung nakuha ko eh. Tapos hindi ko naman ma-download yung nasa site ng BIR.

[council]

Bakit ganun? ang nakuha kong copy ng revised witholding tax table ay hindi naman 50K ang exemption ng S/HF/ME? 25K lang siya. Halos walang pagbabago...:confused:

Ang tax ko this year ay tumaas pa ng almost 600pesos.:mecry:

Sino sa inyo may copy ng bagong tax table? baka kasi mali yung nakuha ko eh. Tapos hindi ko naman ma-download yung nasa site ng BIR.

Tax table here (ftp://ftp.bir.gov.ph/webadmin1/pdf/42126AnnexC.pdf).

Taken from Implementing Regulations of RA 9504 (http://www.council.ph/2008/09/25/implementing-regulations-ra-9504/).

[msaber69]

sa sweldista.com, try nyo, support the site :)

[edseldgreat]

Ang tax ko ngayon 5666.67 per month. My mali yata sa pag solve HR namin dahil hindi na deduct yung non taxable na SSS, Phil Health, Pag Ibig. :( Next month magiging 10k+ na. Malaki pa tax ko sa minimum wage. :mecry:

[olympia]

may question ako, bakit kelangan may tax due pa,, after a year of paying a whopping 2-3 k tax every month??bakit gnun ang gobyerno natin? or sa kakurakutan nlng un ng company??????????????

[council]

may question ako, bakit kelangan may tax due pa,, after a year of paying a whopping 2-3 k tax every month??bakit gnun ang gobyerno natin?

Taxes are based (usually) on a monthly tax table, then annualized to include (or take into consideration) the exemptions. Minsan kulang talaga ang nababawas because of additional income that comes in (overtime, other bonuses, etc).

or sa kakurakutan nlng un ng company??????????????

Maybe you want to call up your company's HR and ask that question.

[pagie]

Tax table here (ftp://ftp.bir.gov.ph/webadmin1/pdf/42126AnnexC.pdf).

Taken from Implementing Regulations of RA 9504 (http://www.council.ph/2008/09/25/implementing-regulations-ra-9504/).

Hindi ko madownload.. laging error. kainis ftp ng bir.:angry:

[msaber69]

di ko na lang iniisip pag deduct ako ng 7K++ sa sweldo ko every month e, next month lalaki pa lalo yan, heheh, at least bumaba ng onti yun tax dahil sa exemption, at sa pagkakaalam ko binabaan din ang tax na binabayaran ng mga kumpanya.

[aicute12]

Bakit ganun, dapat mas maliit na ang mga tax niyo mga kuya at ate!!

Nga pala..

kuya council!! :wave:

kung ang sweldo ay 7.5k lang at ang allowance ay 1500.. sa banko ito ha..

may tax ba to?

[council]

Bakit ganun, dapat mas maliit na ang mga tax niyo mga kuya at ate!!

Nga pala..

kuya council!! :wave:

kung ang sweldo ay 7.5k lang at ang allowance ay 1500.. sa banko ito ha..

may tax ba to?

it may be taxed at the start... and eventually refunded at year end kung merong sobra.

[snake_hockey]

natabunan na tong question ko dun sa isang thread wala pa din sumasagot. sana masagot ni kuya council to.
this is regarding the recent income tax refund. i started with my company last march 2008 and yet they only gave 82pesos for my refund. They sent a template wherein you could input and calculate your tax refund and it doesn't match. according to my calculation, i should be getting a 10K+ refund. The template is pretty simple and you just need to input the figures. Question is, what do I need to do para makuha ang refund ko? Do i have to go to a lawyer so that they could represent me? I've been trying to get their computation kung pano sila nag arrive sa 82 pesos na refund pero ang sabi nila matatagalan daw bago nila maibigay. Do you think getting a lawyer would benefit me? Baka kasi yung makuha ko na refund mapunta lang sa professional fees nung lawyer if ever. By the way, isang group pala kami ang nagbabalak to take legal actions. thanks po!

[snake_hockey]

additional info pala. kanina tumawag ako sa BIR, asking kung anu dapat gawin. ang sabi sakin i file daw muna thru employer but the thing is walang ginagawang aksiyon yung employer. hiningi namin yung calculation nila panu sila nag arrive sa ganung amount ng tax refund pero sabi nila mabibigay daw nila pero matatagalan.yung form 2316 naman sa april pa daw mabibigay. e sabi ng bir hanggang jan 31 lang ang pag balik ng refunds, so does that mean na kapag hindi naibalik samin yung refund by jan 31 hindi na namin makukuha yun?

[council]

natabunan na tong question ko dun sa isang thread wala pa din sumasagot. sana masagot ni kuya council to.
this is regarding the recent income tax refund. i started with my company last march 2008 and yet they only gave 82pesos for my refund. They sent a template wherein you could input and calculate your tax refund and it doesn't match. according to my calculation, i should be getting a 10K+ refund. The template is pretty simple and you just need to input the figures. Question is, what do I need to do para makuha ang refund ko? Do i have to go to a lawyer so that they could represent me? I've been trying to get their computation kung pano sila nag arrive sa 82 pesos na refund pero ang sabi nila matatagalan daw bago nila maibigay. Do you think getting a lawyer would benefit me? Baka kasi yung makuha ko na refund mapunta lang sa professional fees nung lawyer if ever. By the way, isang group pala kami ang nagbabalak to take legal actions. thanks po!

No need to get a lawyer. Gastos lang yan.

Remember, there were 2 tax tables used last year - the old one for the first half and the new one from july.

Tax refunds/adjustments should have been made by year-end so that tax due = tax withheld.

Think of it this way.

You were taxed "correctly" for the first half.

Come the second half of the year, you would have been possibly over-taxed for the 1st half, since your exemption would be half lang of the normal.

But on the 2nd half din, pro-rated ang computation ng exemption - so pwedeng ma-under-tax ka for the 2nd half.

And when they annualize, overtax + undertax = correct tax.

(Or something like that... medyo mahirap sagutin ng detailed kapag gising buong gabi)

[aicute12]

Kase ang alam ko 3 ang tax table last year..

1. the good old tax table..
2. the adjustment tax table..
3. the new revised tax table..

[sweldista.com]

Bakit ganun? ang nakuha kong copy ng revised witholding tax table ay hindi naman 50K ang exemption ng S/HF/ME? 25K lang siya. Halos walang pagbabago...:confused:

Ang tax ko this year ay tumaas pa ng almost 600pesos.:mecry:

Sino sa inyo may copy ng bagong tax table? baka kasi mali yung nakuha ko eh. Tapos hindi ko naman ma-download yung nasa site ng BIR.

Hello,

www.sweldista.com has an online version of the new tax table for 2009. It also has an online version of the transitory table for the 2nd half of 2008 and the old table used before the new ones.

You can compute withholding tax at sweldista.com in yearly (annualized), monthly, semi-monthly and weekly modes. (Remember to select the correct withholding tax table.)

You can also download Sweldista Payroll software for FREE. It will show you the exact computation on how payroll is computed based on your payroll formula.

[pagie]

Hello,

www.sweldista.com has an online version of the new tax table for 2009. It also has an online version of the transitory table for the 2nd half of 2008 and the old table used before the new ones.

You can compute withholding tax at sweldista.com in yearly (annualized), monthly, semi-monthly and weekly modes. (Remember to select the correct withholding tax table.)

You can also download Sweldista Payroll software for FREE. It will show you the exact computation on how payroll is computed based on your payroll formula.

Based on the website computaion and table, personal exemption is 25K and not 50K.

What happened to that 50K exemption as published?

[aicute12]

ei sweldista.com, meron akong account diyan!! :bungi:

kaso parang ang labo, yung iba hindi ko magets kung bakit ganun..

[msaber69]

two tables yun kasi yun 2008, prorated ang exemption, kasi july pa nagdeclare ng increase in exemption. sa 2009 pa magtake effect ang 50k exemption. read nyo na lang siguro FAQ ng site.

[pagie]

two tables yun kasi yun 2008, prorated ang exemption, kasi july pa nagdeclare ng increase in exemption. sa 2009 pa magtake effect ang 50k exemption. read nyo na lang siguro FAQ ng site.

As I understand it, the first table is for the first half of 2008, the second table for the pro-rated/second half, then the third table which is effective Jan.1, 2009.

In that third table, exemption for singles is 25K.

[msaber69]

isa lang ang table for 2008 at yun ay ang Old July 2008 (transitional) kung titingnan nyo ang site ng sweldista. ang mga kinaltas sa inyong tax from the months of Jan-June e from the old tax table with the old exemption for single, HF, married, etc. Come July onwards to Dec by year end, mag adjust na ngayon ang tax nyo based dun sa Old July 2008 (transitional) table provided by BIR, na makikita rin sa sweldista.

ang current table e obviously ang current Jan 2009. Ang dapat na rin magreflect sa ating payslip kung meron man nilalagay e 50k na exemption.

sa tax table calculator gawin nyong yearly ang mode para makita nyo ang dapat na exemption.
i.e.
Taxable Regular Income = 0.00[Regular Pay] - 50,000.00[Exemption] = 0.00
for 2008
Taxable Regular Income = 0.00[Regular Pay] - 35,000.00[Exemption] = 0.00

[snake_hockey]

No need to get a lawyer. Gastos lang yan.

Remember, there were 2 tax tables used last year - the old one for the first half and the new one from july.

Tax refunds/adjustments should have been made by year-end so that tax due = tax withheld.

Think of it this way.

You were taxed "correctly" for the first half.

Come the second half of the year, you would have been possibly over-taxed for the 1st half, since your exemption would be half lang of the normal.

But on the 2nd half din, pro-rated ang computation ng exemption - so pwedeng ma-under-tax ka for the 2nd half.

And when they annualize, overtax + undertax = correct tax.

(Or something like that... medyo mahirap sagutin ng detailed kapag gising buong gabi)


actually nag send sila ng table on how to compute tax refund pati yung gma exemptions at pro rated. what they did is get the average of the exemption for the first half of the year and second half. so lumalabas na 37,500 ang exemption ng HF. dun sa sinend nila na table kelangan mo lang i input ang mga deductions at nakuha mo every payday. complete ang pay slip ko from the very first day na nag work me at ang lumabas nga dun sa computation ko is they still owe me thousands of pesos and not 82 pesos. what do we need to do?

[pagie]

ang current table e obviously ang current Jan 2009. Ang dapat na rin magreflect sa ating payslip kung meron man nilalagay e 50k na exemption.

sa tax table calculator gawin nyong yearly ang mode para makita nyo ang dapat na exemption.
i.e.
Taxable Regular Income = 0.00[Regular Pay] - 50,000.00[Exemption] = 0.00
for 2008
Taxable Regular Income = 0.00[Regular Pay] - 35,000.00[Exemption] = 0.00

Got it. I thought that exemption is monthly.:)
Thanks a lot!

oh by the way, if I leave my job now, what will happen to those deducted tax? Is it for refund or I have to wait for year end?

[msaber69]

on your last pay sa current company nyo, if there is tax due for refund, ibibigay na yun kasama ng last pay :)

[aicute12]

Mas madali kase yung wrath straider ba yun na gamitin.. andun na lahat..

[glacier05]

actually nag send sila ng table on how to compute tax refund pati yung gma exemptions at pro rated. what they did is get the average of the exemption for the first half of the year and second half. so lumalabas na 37,500 ang exemption ng HF. dun sa sinend nila na table kelangan mo lang i input ang mga deductions at nakuha mo every payday. complete ang pay slip ko from the very first day na nag work me at ang lumabas nga dun sa computation ko is they still owe me thousands of pesos and not 82 pesos. what do we need to do?

this sounds the same as the excel file provided by our company. kaso yung file na binigay sa amin, there was something wrong with one of the formulas that i was able to fix naman kaya i got the same figures as what they computed. try to see baka may ganung instance din with you case.

also another thing to consider, itong company mo ba, dito ka nag-work for the whole of 2008? kasi pag nag-change company ka, usually mas magulo ang computation of tax.

[aicute12]

OO nga, balak ko pa naman umalis sa work ko..

[msaber69]

yun tax refund na yun babawiin din naman ng BIR sa year end e :bop:

[snake_hockey]

this sounds the same as the excel file provided by our company. kaso yung file na binigay sa amin, there was something wrong with one of the formulas that i was able to fix naman kaya i got the same figures as what they computed. try to see baka may ganung instance din with you case.

also another thing to consider, itong company mo ba, dito ka nag-work for the whole of 2008? kasi pag nag-change company ka, usually mas magulo ang computation of tax.

Im with a different company ng jan and feb tapos march lumipat me sa present company ko. mukhang ayos naman yugn excel file na binigya nila eh. mali lang talaga ang computation nila. tumawag ako sa bir at ang sabi hindi sila nag rerefund kung hindi ang company

[aicute12]

Bakit hindi BIR?

[LodRose]

kung sobra nawithhold sa iyo ng company sa actual na tax na dapat mong bayaran at actual nilang niremit sa BIR, sila nga magbabalik nung diperensya as refund.

[real madrid]

yun tax refund na yun babawiin din naman ng BIR sa year end e :bop:


ganun kasi yata ang computation nila kung resign ka sa isang company at nagkaroon ka ulit ng work sa loob ng taon na yun sa present job mo itutuos yung tax tama ba ako?

[tiffz26]

Based on the website computaion and table, personal exemption is 25K and not 50K.

What happened to that 50K exemption as published?

Hi. It's already past the Jan. 31 deadline so this comment wouldn't be of help. I just want to reply on a question left unanswered. I'm a fresh grad and I haven't yet started to have a salary so anyone can correct me on this. Re pagie's question, from what I've read from this thread, the personal exemption, which is 25K, is for the last 6 months.

If you're single, your personal exemption for last year would be:

First 6 months = 20K, and
Last 6 months = 25K (50K divided by 2; since six months lang nagamit yung bagong personal exemption)

That may be the reason why it felt as if there was no significant change in your taxes.

[Buss_Analyzer]

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[aicute12]

Ask ko lang about backpay, kase yung bf ko nakuha niya yung backpay niya, he's from accenture before, tapos ang nasa backpay lang niya, 13th month pay, 14 month pay, transpo allowance and other stuff pero wala yung 10 days niya na last pinasok??

[council]

:) [B]BUSINESS ANALYSTS Out There, WE HAVE A NEW

Maybe you could explain the relationship of your post (or rather.. ADVERTISEMENT) to this thread.

[glacier05]

Im with a different company ng jan and feb tapos march lumipat me sa present company ko. mukhang ayos naman yugn excel file na binigya nila eh. mali lang talaga ang computation nila. tumawag ako sa bir at ang sabi hindi sila nag rerefund kung hindi ang company

sana po wag ma-offend, pero tama po ba ang pag-fill-up niyo sa file? may spaces po dun regarding previous employer (sorry, di ako naka experience nito so di ako makapag-bigay ng details).

kung tama naman talaga lahat at mali si HR niyo, dapat kausapin niyo na sila. and also escalate niyo na yan to higher management para mabigyan pansin. kasi malaki-laking amount din yan at di lang barya. good luck!

[Lolita]

Paano mo malalaman kung saang bracket ka under sa witholding tax computation?

[jedrek]

question po; my status is M1, ngresign ako from my previous employer last oct 31, 2008... sa 2316 ko 57,500 ang personal exemption ko. Nov. 3 ako ngstart ** sa bago kong employer, ngayon ang sabi ng finance nmin mali dw un exemption ko sa previous employer ko dahil dapat d nakapro-rate ** un other half kc hangang oct lang ako.... tama po ba un finance nmin?

[punchkid]

I failed to submit my BIR 2305 as pre-employment requirement in my work now. Will I be able to get BIR 2316 or ITR next year?