A Bonus Is Not An Obligation But A Voluntary Gift.
It is considered a christmas bonus. The only shared similarities that they have is that they are both monetary and given out by employers. Taxation of christmas bonuses the taxation of christmas bonuses must be split into two parts:
The 13Th Month Pay Is A Legal Obligation.
It is often paid in installments, half on december and half at. This practice will depend on the company's size, resources and financial. Since the christmas bonus is voluntarily given by employers, it is up to the company as to how much they want to give their employers.
A Christmas Bonus Is An Act Of Generosity Given By Employers.
First of all, the 13th month pay is not the same as the christmas bonus. But before we all get too excited for this additional premium pay that we can have this christmas season, we employees must first know the difference between the 13th month. What is the distinction between 13th month pay and christmas bonuses?
The 13Th Month Bonus Is Called The Aguinaldo In The Latin American Region.
Nakatanggap na ba ng 13th month pay at christmas bonus ang lahat? Kung oo, for sure ay nabawasan na ‘yan at naipambili mo ng mga bagong gam The national wages and productivity commission (nwpc) yesterday reminded the public that the 13th month pay must not be confused with the.
