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Politics

BIR SHOULD RELAX FRINGE BENEFIT TAX RULES FOR MSME EMPLOYEES DURING COVID-19 QUARANTINE – GATCHALIAN

Senator Win Gatchalian called on the Bureau of Internal Revenue (BIR) to be more liberal in applying certain rules on fringe benefit tax for the duration of the enhanced community quarantine in Luzon. This will encourage micro small and medium enterprises (MSMEs) in giving additional benefits to their employees so they can stock up on […]

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Government

GOVT EXEMPTS AGRI, FISHERIES WORKERS FROM LUZON QUARANTINE — NOGRALES

To ensure the continuous supply of agricultural goods and fish in the market, the Inter-Agency Task Force on the Management of Emerging Infectious Diseases (IATF-EID) has approved recommendations from the Department of Agriculture (DA) to exempt workers in the agricultural and fisheries sectors from the Enhanced Community Quarantine now being enforced in Luzon.Cabinet Secretary Karlo […]

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Government

VETERINARIANS ARE EXEMPTED FROM LUZON COVID-19 QUARANTINE – DAR

Veterinarians will also now be exempted from the Luzon-wide enhanced community quarantine now being enforced to contain the spread of the coronavirus disease 2019 (COVID-19), Agriculture Secretary William Dar has assured. In a Palace press briefing, Dar said veterinarians will also be allowed to travel within Luzon based based on the quarantine’s guidelines. “Essential farm […]

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Government

MAYNILAD, MANILA WATER TRUCKS EXEMPTED FROM NUMBER CODING – LIM

Metropolitan Manila Development Authority (MMDA) chairman Danilo Lim reiterated that trucks of Maynilad Water Services Inc. and Manila Water Company Inc. that deliver water supplies to residents affected by the supply shortage in the metropolis are still exempted from the Unified Vehicle Volume Reduction Program (UVVRP) or the number coding scheme. “We have a standing […]

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Politics

LIFT VAT ON OIL PRODUCTS – PIMENTEL

Senator Koko Pimentel III has called for the exemption of petroleum products from the coverage of the value-added tax (VAT) to help cushion the impact of the implementation of the second tranche of the fuel excise tax. “As a means of easing the burden on the public, this bill proposes to exempt petroleum products from […]

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Politics

EXEMPT CANCER, MAINTENANCE MEDICINES FROM VAT – ANGARA

Apart from medicines for diabetes, hypertension and high cholesterol, Senator Sonny Angara will also study the possibility of exempting from the 12-percent value-added tax (VAT) all cancer medications and other available maintenance medicines in the market. Angara is the chairman of the Senate Committee on Ways and Means that deliberated and made possible the VAT […]