Grant of FY 2021 Year-End Bonus and Cash Gift
Thank you ACT Teachers Partylist!
Through ACT Teachers Rep. Antonio L. Tinio, Principal Author of R.A 10653 (Higher Income Tax Exemption of 13th Month Pay and Other Bonuses), all benefits up to a maximum amount of P82,000 are now tax exempted.
Read the memorandum below for more details:
Source: QCPSTA Teachers