Taking our parents out during the weekends and holidays is always a good idea. If your parents are in their senior years, you get a bonus in the form of discounts when paying for products and services they availed. All they need to do is flash their Senior Citizen IDs and a fraction of theirContinue reading “The Senior Citizen Discount: Government Mandated Policies on SC Discounts when Dining Out”
Tag Archives: 12% VAT
The Senior Citizen Discount: How is the SC Discount Computed and are there Exemptions to the Rule?
My balikbayan aunt, who owns two Senior Citizen IDs (one issued in the U.S. and another issued by the OSCA at the Quezon City Hall), had a puzzling experience at a fast food chain last week. She saw the ad on specialty burgers being sold at half the price as a promotional offering of theContinue reading “The Senior Citizen Discount: How is the SC Discount Computed and are there Exemptions to the Rule?”
Tax Exemption Para sa mga Pinoy PWD, Aprubado Na!
Ibinalita na ng Malacañang na ang mga Pinoy PWD (Persons With Disabilities) ay exempted na mula sa pagbabayad ng VAT o Value Added Tax. Pinirmahan na ng Pangulo ang RA 10754 o ang batas na nag-uutos na ang mga PWD ay hindi na kailangang magbayad ng dagdag na 12% (VAT), gaya ng mga Senior Citizens.Continue reading “Tax Exemption Para sa mga Pinoy PWD, Aprubado Na!”