#3 - #15: For any discrepancies in employee information #32: 13th Month Pay & Other Benefits – Total of 13th
f 13th Month Pay +
(i.e., Name, TIN, Tax Status, Address, etc.) please contact
HR C&B. Note that all employee info is based from the
Employee Masterfile from HR.
#19: Gross Compensation Income = Total Non-Taxable
Income (#36) + Total Taxable Income (#50) earned from
SGSPI
#24: Annual Tax Due – total income due on taxable
income earned
#25: Amount of Taxes Withheld – actual amount of tax
withheld (YTD) for the calendar year by SGSPI
Productivity Incentives over PHP10K (total of which not exceeding
PHP90K). For any excess over PHP90K, refer to #46: Taxable 13th
Month Pay Benefits
#33: De Minimis Benefits – Productivity incentives such as
program incentives and meal allowance (not exceeding PHP10K) +
total non-taxable allowances (i.e., clothing, rice, laundry). For any
excess over PHP10K, refer to #32: 13th Month Pay & Other
Benefits
#34: SSS, Pag-ibig & Philhealth Contributions – statutory
deductions pertaining to Employee Share
#37: Basic Salary - Actual Basic Salary – Absences – Statutory
Deductions
#42: Other Taxable Income – other taxable earnings related to
basic salary, 13th month pay and other benefits e.g., SL conversion,
taxable allowances
#46: Taxable 13th Month Pay & Other Benefits – amount of 13th
month pay and other benefits more than PHP90K (if #32: 13th
Month Pay & Other Benefits is greater than PHP90K)
#48: Overtime Pay – actual amount of overtime paid (YTD)