Blog Posts on allowances

PSC extends allowances of athletes by Pinoy Sports on Mar 11, 2012THE Philippine Sports Commission is extending the allowances of athletes and coaches in the national pool until the end of the month while the agency continues to review its sports and athlete prioritization programs with the Philippine Olympic Commi...

Tax-exempt compensation, you like it? by pinoytaxation.com on Aug 13, 2009In general, allowances and other form of compensation income, are taxable, irregardless of how they are called. However, there are noted exceptions on this rule by virtue of a law or a regulations. For sure, they will make employees happier because n...