A) Gross Income B) Allowable Deductions
Uploaded by
nilo biaA) Gross Income B) Allowable Deductions
Uploaded by
nilo biaANSWER:
A. Monthly
a) Gross Income P
b) Allowable Deductions: :
SSS P
Pag-Ibig
Philhealth
P
COMPUTATION
Gross Income P
LESS: Allowable Deductions
Net Taxable Income P
LESS: Compensation Range
Excess/Over P
Tax on Compensation Range P
ADD: Tax on Excess/Over (P )
MONTHLY TAX DUE P
ANNUAL TAX DUE: P X 12 Months = P Manual/Timamban
B. Annual
a) Gross Income P X 12 Months = P
b) Allowable Deductions:
SSS - P X 12 Months = P
Pag-Ibig - P X 12 Months =
Philhealth - P X 12 Months =
P
COMPUTATION
Gross Income P
LESS: Allowable Deductions
Net Taxable Income P
LESS: Compensation Range
Excess/Over P
Tax on Compensation Range P
ADD: Tax on Excess/Over (P )
ANNUAL TAX DUE P
P Timamban
LESS Regular Computation
P Difference
C. Conclusion
mban
