Question: hello. i would like to ask for some help from tutors from the PHILIPPINES who are knowledgeable about PHILHEALTH or business math. It was said
hello. i would like to ask for some help from tutors from the PHILIPPINES who are knowledgeable about PHILHEALTH or business math.
It was said that Ms. Perez monthly salary is Php 21 824. (Check my work)
And to get the philhealth deduction, based from the philhealth contribution table for year 2021, the premium rate is 3.50% or 0.0350.
So, it would be: 21824 * 0.0350 = 763.84
since it is a employer-employee shared, then the 763.84 will be multiplied by half or 0.50. So, the result is the employee will pay 381.92 and the employer will pay the half of the shared which is 381.92 as well.
the thing that is confusing me, is the: 3 QUALIFIED DEPENDENTS.
where should i deduct that?? I am confused pls help. this is kinda tricky for me
view my work here: (already set into public)
https://drive.google.com/file/d/10YSXs8xiHRuTl6XLWO23nxRaka7ABhsJ/view?usp=drivesdk
You can also visit the lesson here
https://drive.google.com/file/d/11y6MF3bAhgRjuvYoN699WOdR2XDp5IZa/view?usp=drivesdk
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