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Finance

Latest Pag-IBIG Contribution 2023

The Pag-IBIG Fund, commonly known as the Home Development Mutual Fund (HDMF), is a government-run savings program aimed at providing Filipinos with affordable homes and loans.

Here’s the new Pag-ibig Contribution Table for 2023:

For Employed Members and Employers

For Self-Employed

For Kasambahay

For Non-Working Spouse

For OFW Employers Subjected to HDMF

For OFW Employers Not Subjected to HDMF

Source: Pag-ibig Fund

Categories
Finance

Latest BIR Income Tax Rates 2023 Philippines

Another year, another tax season.

Taxpayers will start seeing additional personal income tax reductions on January 1st, 2023, thanks to the implementation of Republic Act 10963, also known as the Tax Reform for Acceleration and Inclusion (TRAIN) law.

Here’s the new Personal Income Tax Rates for 2023.

Source: BIR