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1 TAXABLE OR NOT? on Fri Sep 16, 2011 1:55 pm


Arresto Menor
Question Hi, I am currently working as an accountant with a fixed basic salary of P10,000 per month or P5,000 per cutoff. I go to work from 8:30am to 6:30pm in weekdays which is10 hours less 1hour break,so that's 9 hours per day. I pay monthly contributions(SSS, Philhealth and PagIbig) and tax. Now, I just wonder if I am a minimum wage earner or not? or am I taxable or not? Thank you very much. Exclamation

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2 Re: TAXABLE OR NOT? on Fri Sep 16, 2011 8:11 pm


you should be getting 1 hour of overtime. the maximum no. of hours without overtime is 8.

since you are paid monthly, you should first ask your HR what is the divisor they use to compute daily rate.

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