The bill raises the personal income‑tax exemption from ₱250,000 to ₱480,000 per year, adds a 15 % rate for income just above that level, and lets self‑employed workers choose a flat 8 % tax on gross sales over ₱480,000. The Finance Secretary must issue rules within 60 days, and the changes take effect 15 days after official publication.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
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HB09172 · Sources: BatasWatch
Status history
No changes since we started checking daily on Oct 4, 2026.
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.