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...

Best Practices for the Board’s Audit Committees

With SECs mandatory requirement for corporations’ board of directors to practice good corporate governance comes the importance of having a functioning audit committee headed by a member of the board.   This is one of the reasons why corporations are now focused on strengthening the effectiveness of their audit committees.  To address the clamour of board directors and management for a professional and formal training on this very important issue, the Center for Global Best Practices is re-running its yearly pioneering CPD-accredited best practices program entitled, Board Directors’ Guide for Audit Committees to be held on Wednesday and Thursday of July 6 & 7, 2016 at the EDSA Shangri-La Hotel, Mandaluyong City, Philippines This unique program is designed for board chairmen who must fully understand the functions and roles of audit committees to lead effectively, for the audit committee members and chair so they know what they must really do and not do, for the b...

Families' Guide to Wills, Trusts and Inheritance

The fear of many grandparents, parents and families who worked so hard for their wealth is for it to end up in the hands of bad relatives and outside predators in case of their incapacity or death.  When you want to spare your loved ones of the burden of dividing and even quarreling over the estate, or the pain of having to pay for the unnecessary legal costs and taxes, one should write a will or create a living trust. It is the right thing to do.  When you don’t have one, you run the risk of your assets going to waste. To help families with this, the Center for Global Best Practices will host a one-day program entitled, “ Families’ Guide to Wills, Trusts & Inheritance: Will-Writing, Trust-Making and Inheritance-Giving the RIGHT Way ” to be held on Friday, November 23, 2018 at the Manila Marriott Hotel, Pasay City, Philippines. Leave a long-lasting legacy. This program will provide you a practical guide to will-writing and creating living trusts. With these docu...