Skip to main content

Employees, employers lose when they don’t know this NEWS!

We are so surprised that so many companies including top 1,000 corporations are still unfairly deducting so much from you in taxes because they still don’t know how to compute your compensation with the new tax-exempt rules that took effect last year.  Its money taken from your salary that should go to your savings, food, and family.  There is no excuse.  Employees lose! This is big news.  Tell your employers.  Insists they learn about it.

To help the millions of taxpayers and thousands of business organizations address the labor and tax concerns regarding this regulation, the Center for Global Best Practices is launching a pioneering seminar for business owners, decision-makers,  HR practitioners, employees entitled "How to Structure and Compute Your Salaries, Wages & Benefits with the New Tax Rules" scheduled on Thursday, April 14, 2016 at the EDSA Shangri-La Hotel, Mandaluyong City, Philippines.

This one-day seminar is for individual and corporate taxpayers, whether for profit or non-profit, who want to learn how to properly compute for salaries, wages, and benefits to take advantage of the tax savings in this regulations that took effect in January 2015. This learning opportunity will address both your labor and tax concerns which are the two major regulatory challenges in employee benefits administration.

Attendees will learn the use of De Minimis Benefits, Fringe Benefits, tax exemptions, new regulations on 13th month pay, updated allowable deductions, other benefits and more. Participants will be shown how to link these new measures to create a cohesive and highly beneficial structure for employers and employees. This offers a window for companies to align compensation approaches with business strategies to achieve a program that attracts, retains and motivates workers and at the same time minimizes tax costs to businesses and their people.

For details and a complete list of other best practices seminars you may log on to www.cgbp.org or call (02) 842-7148/ 59 and 556-8968/ 69; Cebu lines (032) 512-3106 or 07; Baguio line (074) 423-5148; and Legazpi Line (052) 736-0148.  This program is for CPE accreditation.

Comments

Popular posts from this blog

2019 Revised Corporation Code of the Philippines

The 2019 Revised Corporation Code of the Philippines that took effect last February 21 will have tremendous impact on all corporations in the Philippines. To educate corporations about this, the Center for Global Best Practices will host a special program entitled 2019 Revised Corporation Code of the Philippines to be held on Thursday, April 11, 2019 at the EDSA Shangri-La Hotel, Mandaluyong City, Philippines. This program is designed to help you in your compliance, in structuring your deals and to avoid the legal pitfalls when making decisions in board and management meetings or when doing business and investing in the Philippines. The new legal framework introduces fresh concepts aligned with international best practices aimed at improving ease of doing business in the country. This program is SEC-Accredited for corporate governance. Board directors and top management attending this training will greatly benefit from this learning event. This one-day training will...

Don't leave your success to chance!

Letters of Credit (LC) is one of the safest and most reliable commercial payment instrument and most commonly used in international trade transactions. With the ASEAN integration and expected increase in global trade, many businesses want to learn how to use this mode of payment. To help businesses effectively use LCs, the Center for Global Best Practices, in collaboration with the International Chamber of Commerce, will host a two-day training entitled, Mastering the Useof LC for Import & Export to be held on Thursday & Friday, April 25 & 26, 2019 at the Manila Marriott Hotel, Pasay City, Philippines. This program will guide you on everything you need to know about LC transactions and operations. Attendees will learn practical steps and valuable tips in issuing proper LCs and how they work, what to do to avoid pitfalls, and actions to take in cases of discrepancies. Discussion will also cover revised regulations and applications of UCP 600 involving letters of cr...

BIR Computerized Accounting System Compliance for Medium and Large Taxpayers

There are over 3,780++ large taxpayers and many are not compliant to the Bureau of Internal Revenue Regulation 9-2009 requiring large taxpayers to have a Computerized Accounting System (CAS). This becomes relevant also to the top 500 medium-sized provincial taxpayers in every revenue district which has the equivalent classification of a large taxpayer. To help medium and large taxpayers regarding their compliance issues, the Center for Global Best Practices is launching a training entitled, “ BIR Computerized Accounting System Compliance for Medium and Large Taxpayers ,” scheduled on Friday, February 15, 2019 at the Manila Marriott Hotel, Pasay City, Philippines. With the activation of the BIR special task force called Computerized Systems Evaluation Team (CSET) to monitor medium and large taxpayers, one can expect more active campaigns and stricter enforcement from the tax authorities. The lecture will include discussions on the regulations and rulings, presentation of ...