The bill would raise the amount of income that is tax‑free to PHP500,000 and lower the tax rates that apply to earnings above that level, while also giving self‑employed workers an optional 8 % tax on their gross sales.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB08840. Status changes over time; check the link for the latest.
HB08840 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.