Question: Pedro, single, is a minimum wage earner who earns a basic minimum wage of Php 180,000 for the year 2018. He also received the following
Pedro, single, is a minimum wage earner who earns a basic minimum wage of Php 180,000 for the year 2018. He also received the following benefits:
De minimis benefits 140,000 (80,000 over the ceiling)
13th month pay and other benefits Php 112,000
How much is the income tax due of Pedro assuming he is also earned Php 450,000 derived from his business of buying and selling various consumer products?
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