Minimum Wage under Revenue Regulations No. 10-2008
Statutory Minimum Wage.
Shall refer to the
rate fixed by the Regional Tripartite Wage and Productivity Board as defined by
the Bureau of Labor and Employment Statistics (BLES) of the Department of Labor
and Employment (DOLE). Regional Tripartite Wage and Productivity Boards of each region
determine the wage rates in the different
regions based on established criteria and
shall be the basis of exemption from income
tax.
Minimum Wage Earner
· Refer to a worker in
the private sector paid the
statutory minimum wage, or to an employee in the public sector with compensation income of not more than the
statutory wage in the non-agricultural sector where he/she is assigned. Compensation income of employees of the
government of the Philippines, or any of its political subdivisions, agencies
or instrumentalities, with salary grades of 1 to 3 or P10,000 per month (P120,000.00 a year),
whichever is higher .”
·
EXEMPT
FROM INCOME TAX ON:
1.
Minimum wage
2.
Holiday pay
3.
Overtime pay
4.
Night shift
differential
5.
Hazard pay
6.
Withholding tax on
the items above
Hazard pay given to
minimum wage earners
·
Given to those on working on hazardous
workplaces where primary duty performed under circumstances in which an
accident could result in serious injury or death, such as a duty performed on a
high structure where protective facilities are not used, or on an open
structure where adverse conditions such as darkness, lightning, fumes/gases,
steady rain, or high wind velocity exist, work were primarily health-related
that may result to radiation/contamination /communicable/infectious. However,
exposures to hazard which affects the entire population in a locality as air,
land, and water borne and noise hazards are compensable under the this
Regulations. For purposes of these Regulations, the following are considered
"hazardous workplaces:"
a. Where the nature of work exposes the
workers to dangerous environmental elements, contaminants or work conditions
including ionizing radiation, chemicals, fire, flammable substances, noxious
components and the like;
b. Where the workers are engaged in
construction work, logging, fire fighting, mining, quarrying, blasting,
stevedoring, dock work, deep-sea fishing and mechanized farming;
c. Where the workers are engaged in the
manufacture or handling of explosives and other pyrotechnic products;
d. Where the workers use or are exposed to
power driven or explosive powder actuated tools;
e. Where the workers are exposed to biologic
agents such as bacteria, fungi, viruses, protozoa, nematodes, and other
parasites.
