Jerome is a resident citizen employed by TW corporation, Inc. He received the following from his employer during 2018:
Basic compensation income P800,000
13th month pay 75,000
Productivity incentive pay 12,000
Christmas bonus 25,000
Uniform allowance 15,000
Actual medical allowance 10,000
Rice subsidy 24,000
compute taxable income?
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.
