Category: News
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Dec 2025 De Minimis Benefits Update
What are De Minimis benefits? De Minimis benefits are facilities or privileges, of relatively small value, offered or furnished by the employer to it’s employees as a means of promoting their health, goodwill, contentment, or efficiency. These benefits are not subject to income tax as well as withholding tax on compensation income for both managerial
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Premium Pay: My employer wants me to work on my rest day
Sometimes we are faced with unavoidable circumstances that require us to work during our off days like, rest days and special non-working days. While it certainly is unfortunate that we need to spend our free time at work, Philippine labor laws try to ease this burden by making employers, who ask their employees to come
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Philippine Payroll Essentials: Monthly-paid vs. Daily-paid Employees
Monthly-paid Employees are those considered paid everyday of the month, including unworked rest days, special days, and regular holidays. A factor of 365 days in a year is used when determining the equivalent monthly rate. Daily-paid employees are those who are paid on the days they actually work and on unworked regular holidays. The factor
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Jan 2025 De Minimis Benefits Update
What are De Minimis benefits? De Minimis benefits are facilities or privileges, of relatively small value, offered or furnished by the employer to it’s employees as a means of promoting their health, goodwill, contentment, or efficiency. These benefits are not subject to income tax as well as withholding tax on compensation income for both managerial
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New SSS Contribution Rates for 2025
Pursuant to SSS Circular 2024-006, the following changes to the contributions for Business Employers and Employees in accordance with Republic Act No. 11199, otherwise known as the Social Security Act of 2018, shall take effect on January 2025. The changes are as follows: Source: https://www.sss.gov.ph/wp-content/uploads/2024/12/Cir-2024-006-Employers-scaled.jpg Here is a sample computation on how to use the