BusinessAccent.com: Man, mind, marketing, money and manners - Latest Comments

Re: Overtime pay laws and computation in the Philippines

adilao — Wed, 30 Aug 2017 04:09:20 -0000

question..

Is it fine that you come to office 1 hr late then you will render 2 hrs OT? and you will file a 2 hrs OT? my question is does the company have to pay for 2 hrs OT and deduct 1 hr late? or is it proper that the employee come to work late and render OT to compensate the late? is it not unfair to the company?

Re: How to compute Percentage Tax in the Philippines

mijitani — Wed, 23 Nov 2016 20:39:40 -0000

please help me! we have no income yet of our company so how much we would pay of our quarterly tax?

Re: How to compute 13th Month Pay: DOLE Philippines

Lourde Abarico Samson — Fri, 04 Nov 2016 11:47:34 -0000

good pm! my husband told me that he's not receiving his 13th month pay. he asked the hr, and they just said that it is because of his 3 mos. suspension. is it right? pls. enlightened me. thank you!

Re: How to compute 13th Month Pay: DOLE Philippines

Jacky B. Balobo — Thu, 06 Oct 2016 23:42:10 -0000

Hello po i would like to ask sana po for the computation of 13th month pay add on to the salary rate per day: 353.00 yung salary per days how much would i add for the 13th month pay po.

Re: How to compute 13th Month Pay: DOLE Philippines

rolan — Thu, 18 Aug 2016 22:38:26 -0000

How does the 13th month pay computation if an employee has special non working holiday and its unpaid. does it affect the 13th month total? if yes then there is no difference between the employee did not work during regulary day compare to special non working holidays. Someone please answer.

Re: How to compute 13th Month Pay: DOLE Philippines

cha — Mon, 25 Jul 2016 04:11:20 -0000

hi ask lng po ibabawas po b yung mga absences sa 13th month pay?thank you

Re: How to compute 13th Month Pay: DOLE Philippines

ENJ — Tue, 03 May 2016 23:44:53 -0000

who are entitled for 14th month pay?

Re: How to compute 13th Month Pay: DOLE Philippines

IJ Clores — Sun, 28 Feb 2016 11:08:44 -0000

Hello I am a private schoo teacher and since january di pa po binibigay sahod ko.. then wala po akong 13th month and christmas bunos na narereceive at 3 lates po nmin is equivalent to one day deduction.. tama po ba ang ginagawa ng school saming mga teachers?

Re: How to compute 13th Month Pay: DOLE Philippines

Roberto Pontanilla Ranjo — Tue, 15 Dec 2015 07:36:00 -0000

I think the computaton is the amount of the 13th month divide by 12 times the number of months of service.

Re: How to compute 13th Month Pay: DOLE Philippines

Ryan2008 — Tue, 01 Dec 2015 00:38:57 -0000

Somebody from the National Wages & Productivity Commission explained that companies can deduct absences from the 13th month pay; that the computation of the 13th month pay is based on 'actual days worked;' not on "1/12 of the standard monthly wage multiplied by the length of service within a given calendar year." Which interpretation is correct? The NWPC person explained to me that if say an employee is absent for 5 days during the year, then the number of days worked is 288-5 (assuming one worked 6 days a week = 288 days). Therefore, 283 days will become the basis for the computation of the 13th month pay, not 288. The computation, according to the person is "pro-rated."

However, as quoted from a comment in this blog, which reads: "In G.R. 145561 (dated 15 June 2005), the SC ruled out: "For employees receiving regular wage, we have interpreted “basic salary” to mean, not the amount actually received by an employee, but 1/12 of their standard monthly wage multiplied by their length of service within a given calendar year". So, it is clear from that ruling that lates and absences shall not be deducted from the basic salary in order to compute 13th month pay."

Do I take this to mean the SC ruling in the Honda case applies to ALL companies giving 13th month pay to their employees? That ALL employers CANNOT deduct absences and late attendance from the final computation of the 13th month pay?

Re: How to compute 13th Month Pay: DOLE Philippines

Chris Enriquez — Mon, 30 Nov 2015 22:55:44 -0000

pano po computation ng 13th month pay if hired lang po last september? thanks.

Re: How to compute 13th Month Pay: DOLE Philippines

Susan — Mon, 23 Nov 2015 06:03:29 -0000

unused vacation and sick leave credits, overtime, premium, nigh differential and holiday pay, and cost-of-living allowances.- meaning these are included in the basic pay? as stated by law???

Re: The greatest marketer who ever lived on Earth

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Re: How to Compute Annual Income Tax for Self-employed Taxpayers in the Philippines

Vic @ Business Tips Blog — Mon, 07 Feb 2011 14:26:30 -0000

Hi RSmtc,

You still need to pay and file BIR form 1701 for you combined income (compensation income and business income). To arrive at your income tax payable for the taxable year, you will claim as credits the taxes withheld by your employer (BIR form 2316), taxes withheld by your tenant (BIR Form 2307), the first three quarterly income taxes you paid during the year and other credits.

Re: How to register a corporation in the Philippines (SEC)

Vic @ Business Tips Blog — Mon, 07 Feb 2011 03:56:09 -0000

Corporation in the Philippines can be stock or non-stock corporations. There are also certain corporations that require higher minimum paid-up capital than the usual.

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