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A thirteenth salary, or end-of-year bonus, is an extra payment sometimes given to employees at the end of December. Although the amount of the payment depends on several factors, it usually matches an employee's monthly salary and can be paid in one or more installments (depending on the country). The thirteenth salary is most prominent in ...
A graphic from the Office of the President of the Philippines showing the difference in pay between the two types of holidays. The Labor Code of the Philippines specifies two types of holidays: the "regular holiday" and the "special non-working day". There is a difference in the pay that employers are required to pay between the two type of ...
December 30, 1898. Rizal Day ( Spanish: Día de Rizal, Filipino: Araw ni Rizal; Tagalog: [riˈsal]) is a Philippine national holiday commemorating life and works of José Rizal, a national hero of the Philippines. It is celebrated every December 30, the anniversary of Rizal's 1896 execution at Bagumbayan (present-day Rizal Park) in Manila .
The policy of taxation in the Philippines is governed chiefly by the Constitution of the Philippines and three Republic Acts . Constitution: Article VI, Section 28 of the Constitution states that "the rule of taxation shall be uniform and equitable" and that " Congress shall evolve a progressive system of taxation ". [1] National law: National ...
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The retailer charges the consumer ($1.50 × 1.10) = $1.65 and pays the government $0.15, leaving the gross margin of $0.30. So the consumer pays 10% ($0.15) extra, compared to the no taxation scheme, and the government collects this amount. The retailers pay no tax directly, but the retailer has to do the tax-related paperwork.
Christmas ( Filipino: Pasko; [pɐsˈkɔʔ]) [a] is one of the biggest holidays in the Philippines. As one of the two predominantly Catholic countries in Asia, the Philippines celebrates the world's longest Christmas season (Filipino: Kapaskuhan ); [1] [3] Christmas music is played as early as August. [4]
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