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Free Legal Advice Philippines » FREE LEGAL ADVICE » LABOR AND EMPLOYMENT » transfer of breadwinner status

transfer of breadwinner status

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1transfer of breadwinner status Empty transfer of breadwinner status Thu Jan 21, 2016 11:59 am

Scubarazzi


Arresto Menor

I'd like to ask, how is the status of primary breadwinner transferred from one parent to the other? I used to be the primary, but lately my spouse has been holding the more stable and better paying job, so we'd like to do a status transfer. I suppose it should be theoretically possible, but we don't know how to go about it.

Many thanks in advance! Smile

2transfer of breadwinner status Empty Re: transfer of breadwinner status Thu Jan 21, 2016 1:40 pm

council

council
Reclusion Perpetua

Transfer of Status in what area/function and for what purpose would you need to do this "transfer"?

http://www.councilviews.com

3transfer of breadwinner status Empty Re: transfer of breadwinner status Thu Jan 21, 2016 1:54 pm

Scubarazzi


Arresto Menor

The primary breadwinner among two parents with dependent/s is eligible for a tax exempt benefit; s/he is taxed significantly less than a regular employee.

I am currently the one holding this status. However, given our current situation, my spouse would be better suited for this, so we'd like to have my spouse recognized as the primary breadwinner instead.

Apologies in advance, since I'm not sure if I'm using the proper terminology.

4transfer of breadwinner status Empty Re: transfer of breadwinner status Thu Jan 21, 2016 2:14 pm

council

council
Reclusion Perpetua

if this related to having your spouse claim the exemption for your children, then you need to fill up a waiver and them both signed by your and your spouse's employer.

http://www.councilviews.com

5transfer of breadwinner status Empty Re: transfer of breadwinner status Thu Jan 21, 2016 2:47 pm

Scubarazzi


Arresto Menor

Oh okay. Where can I get the necessary forms? Or do I just approach my spouse's employer's HR dept for those?

6transfer of breadwinner status Empty Re: transfer of breadwinner status Thu Jan 21, 2016 3:29 pm

council

council
Reclusion Perpetua

BIR should have that.

Why would you approach your spouse's HR department?

Either have your spouse get the form from them or you get them from your own HR department.

http://www.councilviews.com

7transfer of breadwinner status Empty Re: transfer of breadwinner status Thu Jan 21, 2016 4:57 pm

Scubarazzi


Arresto Menor

Ah yes, of course. Sorry, I worded that incorrectly.

Many thanks for the advice.

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