Sunday, September 24, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Special Pages
    • Pets
    • Tech
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • On the Road
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Cravings
    • Environment & Sustainability
    • Agriculture
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
    • Gallery
      • Photos
      • Videos
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Special Pages
    • Pets
    • Tech
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • On the Road
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Cravings
    • Environment & Sustainability
    • Agriculture
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
    • Gallery
      • Photos
      • Videos
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Business Biz Plus

House panel approves bill giving freelancers tax amnesty

Manila Standard BusinessbyManila Standard Business
February 16, 2021, 5:09 pm
in Biz Plus
Reading Time: 2 mins read
A A
Share on FacebookShare on TwitterShare on Email

The House tax panel on Monday passed a substitute bill to a proposal submitted by Albay Rep. Joey Sarte Salceda that grants tax amnesty to freelancers and gives them a chance to begin anew with better legal protection and settle their tax liabilities smoothly.  

Salceda, who chairs the House Ways and Means Committee, said House Bill 1527, or the Freelancers Protection Act, “wants to ensure that there are legal rights, protection, and benefits to the more than two million freelance workers in the country.

“We saw the need to help them start afresh with their tax liabilities, so they will be able to begin under new contracts with clean tax records,” he said.

“That’s why the tax amnesty provisions are important. They will help us recover uncollected revenues, while also helping freelancers to steer clear of any pending tax liability that could prevent them from having better contracts once this bill is passed,” Salceda said.

The amnesty will cover income taxes under Section 24 of the Tax Code, for freelancers earning less than P1 million a year.

The applicable rate will be 2 percent of gross receipts above the first P250,000. Salceda said he would manifest an amendment to include the percentage tax for VAT-exempt persons, which he said is more relevant to freelancers, while defining which paragraphs under Section 24 would be applicable.

Among the protections the proposed substitute bill will include are: a framework for contracts between employers and freelancers; eligibility for nightshift differential for freelancers who are required to be physically present in the workplace or those on field assignments; and jazard pay for freelancers deployed in dangerous areas.

The proposal also makes it unlawful to pay the compensation due the freelancer later than 15 days after the date of payment of compensation stated in the written contract, or after the rendition of services in cases where there is no written contract and require as a condition of payment of compensation, at any time after a freelancer has commenced rendition of services, that a freelancer accept less than the specified contract price; and retaliate against a freelancer under certain conditions.

Salceda said “freelancing has become the lifeline for millions of Filipinos, especially those who lost their regular jobs during the pandemic and as the economy becomes more digital, there will be more freelancing.”

"Without legal protections, we will also see more labor exploitation,” he said.

Salceda said many industries, including business process outsourcing outfits, would likely move towards freelancing in the coming years.

“Freelancing will be the natural consequence of the shift towards working from home. We have to protect workers in this sector now, while the potential problems are still on a scale we can solve,” he said.

Tags: Freelancers Protection ActHouse BillJoey Salcedatax amnesty
ADVERTISEMENT
Manila Standard Business

Manila Standard Business

Related Posts

Cavite’s Bear Museum stirs happy thoughts

byOthel V. Campos
September 23, 2023, 7:50 pm
0
8
Philippines’ top truck brand beefs up presence in Cavite

There’s no other place in the Philippines to experience larger-than-life teddy bears than in the first and only Bear Museum...

Read more

Wellness retail brand commits to annual coastal clean-up

byManila Standard
September 23, 2023, 7:30 pm
0
8
Philippines’ top truck brand beefs up presence in Cavite

Watsons Philippines, the leading brand in health, wellness, and beauty retail, partnered with the SM Group for the International Coastal...

Read more

Philippines’ top truck brand beefs up presence in Cavite

byManila Standard
September 23, 2023, 7:20 pm
0
8
Philippines’ top truck brand beefs up presence in Cavite

Isuzu Philippines Corporation (IPC), in collaboration with Iconic Dealership Inc. (IDI), opens its second Isuzu dealership in Dasmariñas, Cavite after...

Read more

Business confidence weakened in Q3

byJulito G. Rada
September 22, 2023, 9:05 pm
0
8
Philippine economy plays catch-up

Businessmen turned less bullish in the third quarter on lower sales and higher prices of raw materials, results of a...

Read more

6 groups buy bid papers for NAIA project

byDarwin G. Amojelar
September 22, 2023, 8:50 pm
0
8
World economy faces more pain in 2023 after gloomy year on war, inflation

The Department of Transportation (DOTr) said Friday it expects to attract more potential bidders for the modernization and privatization of...

Read more

PAL resumes accepting non-immigrant passengers to US under visa waiver program

byDarwin G. Amojelar
September 22, 2023, 8:45 pm
0
8
EU seeks to put brakes on Chinese electric cars without hurting ties

Philippine Airlines said Friday it resumed accepting non-immigrant passengers to fly to the United States who qualify for the Visa...

Read more

Print Edition

View More

Recent Posts

  • Smashing Asian Games’ boxing debut for Fajardo
  • Venezuela offers a peek at prison run by gang
  • Arellano University boosts Shakey’s Super League playoff drive
  • Lady Tams master Lady Altas, seal title clash vs Lady Blazers
  • US VP Kamala Harris sets out to rally young and minority voters
  • Mali will ‘not stand idly by’ if military intervention in Niger
  • Verstappen wins Japanese GP, Red Bull clinch title
  • Filipino fisherman chased by China coast guard in disputed waters

Advertisement

Latest News

Mali will ‘not stand idly by’ if military intervention in Niger

byAFP
September 24, 2023, 4:00 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Mali "will not stand idly by" if foreign governments intervene in neighouring Niger, Bamako's top diplomat warned the United Nations...

Read more

Verstappen wins Japanese GP, Red Bull clinch title

byAFP
September 24, 2023, 3:30 pm
0
8
Verstappen makes light of Spa penalty to nail 8th straight win

Max Verstappen helped Red Bull clinch the Formula One constructors' championship and took a giant step towards his third straight...

Read more

Filipino fisherman chased by China coast guard in disputed waters

byAFP
September 24, 2023, 3:00 pm
0
8
DOH warns HIV cases doubled to 50 a day

Filipino fisherman Arnel Satam guns the motor of his tiny wooden boat as he makes a dash for the shallow...

Read more

Israeli forces kill two Palestinians in West Bank raid: ministry

byAFP
September 24, 2023, 2:30 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Israeli forces shot dead two Palestinians in a pre-dawn raid in the West Bank Sunday, the Palestinian health ministry said,...

Read more

Outcry, questions after France’s ‘chilling’ journalist arrest

byAFP
September 24, 2023, 2:00 pm
0
8
Southwoods nails Seniors’ Fil golf crown

It was just after six in the morning on Tuesday when the agents came to the home of French journalist...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Pets
  • Tech
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Cravings
  • Environment & Sustainability
  • Agriculture
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Gallery
    • Photos
    • Videos
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App