BASE ON PHILIPPINE SETTING

Note: For Number 2 there is a typo error please follow the total breakdown

INDIVIDUAL INCOME TAR EMA, a minimum wage earner, works for 1035., Inc. He is not engaged in business nor has am...r other source of income other than his em olovment. For 2013. EMA earned a total compensation income of P 235,000.00. 1. If the taxpayer contributed to the 555. Philhealth. and HDMF amounting to PE.000.00 and has recelued 301 month pay of $113,000.03. EMA income tax liability will be? 2. The following year. Mr. C50 earned. aside from his basic wage. additional pair of F100,000.00 which consists of the overtime payF50.000.00. night shift differential F30,000'00. hazard oavP25.000.00. and holiday paw P2100000. He has the same benefits and contributions as above. GMA income tax liability will be