Question: Mr. bienvenido is a minimum wage earner employed by bilal, Inc. He has no other source of income aside from his employment. In 2013, he

Mr. bienvenido is a minimum wage earner employed by bilal, Inc. He has no other source of income aside from his employment. In 2013, he earned a total compensation income of P125,000.00.Mr. bienvenido's contribution to sss,philhealth & hdmp amounted to P7,000.00. he received his 13th month pay amounting to p10,000.00 what is Mr. bienvenido's income tax liability for the year?

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Total income P12500000 Deduction P1000000 13th month salary 11 of 125000 1320 Taxable income after ... View full answer

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