Recently, BIR issued Revenue Regulations No. 4-2025 dated January 30, 2025 amending Revenue Regulations No. 2-1998, as amended, providing for the enhanced tax exempt de minimis benefits in Philippines as follows:
- Increasing uniform and clothing allowance from PhP6,000 a month to PhP7,000 a month; and,
- Employee achievement award of up to PhP10,000 a year is now allowed in any form, whether in cash, gift certificate or any tangible personal property.
The above enhancements are set to take effect 15 days from publication of Revenue Regulations 4-2025 with the BIR website last January 30, 2025 or on February 14, 2025.
Please be guided accordingly.
