Philippine National Police (PNP) chief Gen. Rodolfo Azurin on Sunday said P8.5 billion in Christmas bonuses and cash gifts for uniformed and non-uniformed personnel are now ready for distribution.
Azurin said the funds allocated for the Year-End Bonus (YEB) and Cash Gift for this year for the 226,515 members of the PNP had been released.
The funds came from the programmed budget of the police force for 2022.
“I wish you to use your bonus properly for your family, loved ones and also in preparation for the upcoming holiday season,” Azurin said.
PNP Finance Service Director Brig. Gen. Bowenn Joey Masauding said the YEB and Cash Gift 2022, equivalent to one-month base pay and P5,000 respectively, will be released to PNP personnel on November 15 through their Landbank ATM Payroll Accounts.
However, pursuant to Tax Reform Acceleration and Inclusion Law and Bureau of Internal Revenue Regulations 8-2018 and 11-2018, the YEB and other bonuses, including the mid-year bonus exceeding P90,000 are taxable.
Hence, they are subjected to year-end tax adjustments affecting all Police Commissioned Officers and Non-Uniformed Personnel with Salary grade 18 Step 1.
All affected PNP personnel who reached the minimum net take-home pay are also advised to settle through an over-the-counter payment scheme for their unpaid loan/s for November and December 2022 to avoid incurring penalties and other charges.
Azurin said the regular monthly withholding tax deduction will resume on the pay period of January 2023.
Meanwhile, no YEB and cash gift will be given to those who were administratively charged and were found guilty by the final and executory judgment.
