Income Taxation
GROSS COMPENSATION
TAXABLE INCOME
• Basic Salary
• Evening Service
• Saturday Service
• Admission Test
• GCAT
• Comprehensive Exam
• LET Honoraria
• Other Honoraria from IGPs
NON-TAXABLE INCOME
• Uniform and Clothing
Allowance not exceeding
P5,000 per annum
• Laundry Allowance not
exceeding P300 per month
• GSIS, PhilHealth, Pag-IBIG
• 13th Month Pay and Other
Benefits (not exceeding
P82,000 ceiling)
GROSS COMPENSATION
TAXABLE INCOME NON-TAXABLE INCOME
 GROSS INCOME
Gross income means all income derived from whatever source.
• Salaries
• Wages
• Gross income derived from the exercise of profession
Exclusions:
• 13th month pay and other benefits up to P82,000
• GSIS, PhilHealth, Pag-ibig
PERSONAL EXEMPTION
The following individuals are entitled to claim personal exemption of P50,000:
• Married
• Unmarried
• Married but legally separated
• Widow/Widower
ADDITIONAL EXEMPTION
P25,000 for each qualified dependent
 Legitimate child

 Illegitimate child

 Legally adopted child

 Not more than 21 years of age, unmarried and not gainfully employed

 Persons with disability (PWD)

Thank you!