Persons with Disabilities (PWDs), like our beloved Senior Citizens, are rightfully entitled to additional benefits and privileges such as discounts and VAT exemptions at pharmacies, groceries, and dining establishments. They should also be given priority in public transportation and parking spaces, cashier lines, and access ways such as elevators and escalators. For everybody’s information, weContinue reading “Republic Act 10754: Understanding the Expanded Benefits and Privileges of the Pinoy PWD”
Tag Archives: VAT Exemption
Tax Exemptions for the Senior Citizen: Should Employed Senior Citizens Pay Income Taxes?
Since Filipino Senior Citizens are automatically granted VAT exemptions and certain discounts on their purchases, does it also follow that they should be exempted from paying income taxes as well? We cannot deny the fact that a lot of Filipinos in their senior years are still gainfully employed and have become immensely successful at theirContinue reading “Tax Exemptions for the Senior Citizen: Should Employed Senior Citizens Pay Income Taxes?”
The Senior Citizen Discount: Are Grocery Items Included in the List?
A Senior Citizen ID card holder may enjoy two free movies at cinemas in Quezon City on specific days. When dining or buying medicines, they are granted a 20% discount off of the cost of their meals and medications. They are also given priority seats in public transportation and are granted the best slots inContinue reading “The Senior Citizen Discount: Are Grocery Items Included in the List?”
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?”