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we have a Pay for Performance evaluation increase for 2017, however it was recently given to us last April 27,2018.
-Is Retro pay taxable? per 2017 ITR the reflected salary is the old rate. If taxable, thus 2018 new tax policy will apply kasi part po sia ng 2018 expenses ng company, tama po ba?
-can we demand for 13th month retro pay for 2017,
-as per our HR they computed our retropay with tax sabi po kasi nila part yun ng 2017.
2017- i have 7 months pro rated increase
2018- i have 4 months pro rated increase (new tax policy) supposedly tax free
Appreciate your response po. What legal law can be associated po with this po. I already raised this with our HR apparently, no answer.
-Is Retro pay taxable? per 2017 ITR the reflected salary is the old rate. If taxable, thus 2018 new tax policy will apply kasi part po sia ng 2018 expenses ng company, tama po ba?
-can we demand for 13th month retro pay for 2017,
-as per our HR they computed our retropay with tax sabi po kasi nila part yun ng 2017.
2017- i have 7 months pro rated increase
2018- i have 4 months pro rated increase (new tax policy) supposedly tax free
Appreciate your response po. What legal law can be associated po with this po. I already raised this with our HR apparently, no answer.
