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SSS, Philhealth and Pag-ibig Payment Deadlines and Penalties

From the first day an employee works to your company, every month, you need to deduct from their salary the employee’s share on SSS, Philhealth and Pag-ibig contribution. In addition to employee’s share, the employer … See more

Actived: 6 days ago

URL: https://mpm.ph/sss-philhealth-pagibig-payment-deadlines-penalties/

Philhealth Contribution Table for 2019, 2020, 2021, 2022, 2023, …

WebPhilhealth Contribution Table for Direct Contributors. Based on the applicable month/year and monthly basic salary (MBS), below is the new monthly basic salary bracket, premium …

Category:  Health Go Health

2023 SSS Table for Employer and Employee

WebWith regards to SSS Contribution, the Social Security System (SSS) has published a new circular dated December 13, 2022, SSS Circular No. 2022-033 announcing the increase …

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PH Labor Code Infographic: Working Hours DOLE

WebThis blog is the 2nd article from our Labor Code of the Philippines infographic series for businesses. Here, we provide a summary of key points from the Code. In the article …

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Government Forms for Philippine HR and Payroll BIR, SSS, PHIC, …

WebThis form is used to register a business under PHIC. Download the Form. PMRF (PhilHealth Member Registration Form) Similar to SS Form E-1, accomplish the PMRF to register a …

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DOLE COVID-19 Guidelines to Keep Employees Safe Amid the …

WebDOLE Guidelines For COVID-19 Control. The file below details DOLE’s COVID-19 guidelines for health and safety measures in the workplace. Furthermore, it identifies the …

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How to Report New Employee to BIR, SSS, Philhealth and Pag-ibig

WebEach new employee will need to fill up and sign a PHIC form PMRF regardless if the employee is already a PHIC member or not. For PHIC members, they need to submit to …

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HDMF/Pag-ibig Contribution Table for 2024

WebIn January 16, 2024 HDMF published HDMF circular 460 in their website containing the implementation guidelines of the new rate. The new 2024 HDMF/Pag-ibig rate will be …

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How to Register in SSS

WebA person registering with the SSS for the first time as a prospective employee should accomplish SSS Form E-1 (Personal Record) and submit it together with the …

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General Journal to General Ledger: A Step-by-Step Guide for …

WebStep 1: Finalize Journal Entries. Make sure to log all transactions for the month before preparing the General Ledger to prevent going back and forth your different Accounting …

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BIR Tax Penalties for Failure to File and Pay Taxes

WebTo summarize, the BIR tax penalties imposed by the Bureau of Internal Revenue for your failure to file and pay tax form on or before due date are as follows: …

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How to Register a Sole Proprietor Business in the Philippines

WebFill-up the BIR Form 1901 – Application for Registration (for Sole Proprietor) Prepare the list of requirements as follows: Valid Government ID with …

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How to Compute Your Employee’s Daily Rate

WebThe computation of daily rate will be. (11,000 x 12) / 312 = 423.08. 423.08 is below minimum wage and you don’t need to deduct withholding tax to the employees salary, in fact at the …

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Maternity Leave and Other Mandates from the Philippine Labor …

WebAs a manager, you should prepare the expecting mother and likewise, the company, for the transition. Thankfully, The Labor Code of the Philippines lists guidelines on providing …

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BIR Form 0605 Annual Registration Fee

WebFailure to file, pay and display BIR Form 0605 Annual Registration Fee will result to a compromise penalty of one thousand pesos (P1,000.00), or criminal penalty of …

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Personal Financial Planning Zoom Webinar

WebPersonal financial planning is a way for us to prepare in this ever changing and unpredictable world. As we have experienced with COVID-19, anybody can lose their job …

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Non-VAT Freelancers Guide to BIR Tax Compliance

Web5. File and Pay Percentage Tax Return Every Quarter – BIR Form 2551Q. If you are non-VAT registered freelancer, you need to file percentage tax quarterly. To know if you must …

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Beginners Guide to Financial Statements

WebFinancial statement comprises of financial reports periodically prepared by accountants or bookkeepers, at least every month, for the purpose of communicating the status and …

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Business Terms 101: Demystify These Commonly Used Finance …

WebThis term simply refers to money needed to continue the business. It may come from debt (loans) or equity (investments). Most businesses manage a ratio of debt to equity to …

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