5 Things You Should Know About 13th Month Pay

13th month pay is probably one of the things that most employees look forward to every holiday season. This mandatory benefit given to all rank and file employees is pursuant to Presidential Decree 851, signed by then President Ferdinand Marcos. Because of its nature, the ability to compute this is automatically included in most software[…]

Philippine tax

Philippine Tax Problems: Will there be amelioration?

The Philippine Tax Payment System is considered one of the most onerous in the world. Whether, you’re an income worker or an employer, you suffer either way. The income tax rates in the Philippines are considered the highest in the entire South East Asian region, so it’s no surprise why people complain that they’re paying[…]