payroll processing


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December 9, 2024
Employee Tax Annualization is a year-end process where companies withhold and report the obligated tax due by the BIR per worker.
Running a business is no small feat, especially when you’re juggling tasks like payroll. For SMEs, foreign entities, and local companies, managing payroll can be challenging.
Under PhilHealth Circular No. 2019-0009, the PHIC will increase its monthly premium to 5% starting in 2024.