really?

yes, actually its a retroactive amendment w/c means its effective starting January this year.

how does it work?

do you think it's better than our current one?

tax for saving!

penrockerchic, though its just a little add up to our current tax exemptions... allowances like meal allowance are subjected to tax now.

skysenshi, here's a link provided by our HRO, www.bir.gov.ph/iss_rul/r...

what???!!!

thanks! will read it now