Question: tax solving problem BBC, a minimum wage earner, works for ABS., Inc. He is not engaged in business nor has any other source of income

tax solving problem

BBC, a minimum wage earner, works for ABS., Inc. He is not engaged in business nor has any other source of income other than his employment. For 2018, GMA earned a total compensation income of P 235,000.00. 1. If the taxpayer contributed to the SSS, Philhealth, and HDMF amounting to P8,000.00 and has received 13th month pay of P13,000.00. BBC income tax liability will be? The following year, Mr. CSO earned, aside from his basic wage, additional pay of P100,000.00 which consists of the overtime pay-P90,000.00, night shift differential- F30,000'00, hazard pay-P25.000.00. and holiday pay- P25,000.00. He has the same benefits and contributions as above. BBC income tax liability will be

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