I hope you can help me out..Thank you very much
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TAX COMPLIANCE, TAX WITHHELD COMPUTATION
1
TAX COMPLIANCE, TAX WITHHELD COMPUTATION on Tue Nov 25, 2014 3:40 pm
Good day! I have query about computation of tax on compensation. IS Cost of Living and Allowances (COLA) taxable?..Is there any legal way on considering it non taxable...
I hope you can help me out..Thank you very much
I hope you can help me out..Thank you very much
2
Re: TAX COMPLIANCE, TAX WITHHELD COMPUTATION on Tue Nov 25, 2014 4:22 pm
Since the COLA is integrated into the minimum wage rate, then it may be considered taxable...
except if the employee is a minimum wage earner.
except if the employee is a minimum wage earner.
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Re: TAX COMPLIANCE, TAX WITHHELD COMPUTATION on Thu Dec 18, 2014 3:34 pm
ang cola po ba binabawasan din pag late? pro rate daw sabi ng employer ko.
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Re: TAX COMPLIANCE, TAX WITHHELD COMPUTATION on Fri Feb 06, 2015 1:55 pm
may bawas nga po ba ang cola pag late?
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Re: TAX COMPLIANCE, TAX WITHHELD COMPUTATION on Fri Feb 06, 2015 2:08 pm
carl08 wrote:ang cola po ba binabawasan din pag late? pro rate daw sabi ng employer ko.
Syempre.
Parang pag nag-absent ka ng buong buwan, wala kang sweldo, wala din cola.
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