House panel OKs 25% discount on frontliners’ tax | Inquirer News

House panel OKs 25% discount on frontliners’ tax

/ 04:41 AM December 08, 2020

more nurses needed in fCOVID-19 fight

FILE PHOTO

MANILA, Philippines — The House Committee on Ways and Means on Monday approved the consolidated bill to grant a 25-percent discount to the personal income taxes of COVID-19 medical front-liners this year.

During its hearing, the panel approved the still unnumbered substitute bill consolidating House Bill Nos. 7351, 984, 2901, 3751, 7523, and 7978, seeking to provide incentives to medical professionals rendering services during the pandemic.

Article continues after this advertisement

“The 25-percent discount will likely cover the taxes they would have owed on their COVID-19 allowances. That was the state’s attempt to compensate them for their service. Let me be clear: I do not want the government to tax their heroism,” House ways and means committee chair Joey Salceda said.

Nestor Corrales

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

For more news about the novel coronavirus click here.
What you need to know about Coronavirus.
For more information on COVID-19, call the DOH Hotline: (02) 86517800 local 1149/1150.

The Inquirer Foundation supports our healthcare frontliners and is still accepting cash donations to be deposited at Banco de Oro (BDO) current account #007960018860 or donate through PayMaya using this link.

TAGS: coronavirus Philippines, COVID-19, House of Representatives

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.