Minimum Wages Earners & Why Tax Exempt?

  Рет қаралды 7,412

Sir A's Accounting Iksimplified

Sir A's Accounting Iksimplified

Күн бұрын

Пікірлер: 192
@jadashleyosorio2990
@jadashleyosorio2990 2 жыл бұрын
Informative! Thanks for the discussion
@josephniloberta.santos408
@josephniloberta.santos408 2 жыл бұрын
Thanks Sir for this lecture
@johnmarkgatchalian4004
@johnmarkgatchalian4004 2 жыл бұрын
Thank you for this helpful lecture sir
@catherinepangan9472
@catherinepangan9472 2 жыл бұрын
Very informative, salamat po sir
@pruemicaeladelasalas2486
@pruemicaeladelasalas2486 3 жыл бұрын
Very informative po. Thank you po, Sir!
@pranzuabrenica
@pranzuabrenica 2 жыл бұрын
Thank you sir! Very informative
@aprilvillegas4290
@aprilvillegas4290 2 жыл бұрын
This lecture is very helpful, Sir. Maraming salamat!
@alvinalmanzor1798
@alvinalmanzor1798 2 жыл бұрын
Thank you for Discussion, Sir.
@melodyayop1352
@melodyayop1352 3 жыл бұрын
very informative po thank u sir
@kennethmondares3910
@kennethmondares3910 2 жыл бұрын
Thank you po for this lecture sir!
@sherinadifuntorum4387
@sherinadifuntorum4387 3 жыл бұрын
done watching sir, thank you for the lecture
@mikeecanamo4049
@mikeecanamo4049 2 жыл бұрын
Thank you for this lecture, Sir. Done watching.
@dmncbrnl
@dmncbrnl 2 жыл бұрын
Done watching sir. Thank you for this lecture.
@ronalyncruz1054
@ronalyncruz1054 3 жыл бұрын
thank you po, sir for this lecture!
@josephinebryan8981
@josephinebryan8981 2 жыл бұрын
Done watching, sir. Thank you for this video lecture.
@gamingwithnamedbest4634
@gamingwithnamedbest4634 3 жыл бұрын
Now Watching.. Thank you sir
@kellyramos1985
@kellyramos1985 2 жыл бұрын
Thank you for this video lecture, Sir. Done watching po.
@cavanaghsheeanv.opinaldo3600
@cavanaghsheeanv.opinaldo3600 2 жыл бұрын
Done wathing na po sir! Thank you for the great lesson.
@kellyramos9870
@kellyramos9870 2 жыл бұрын
Thank you for this lecture, Sir! Done watching po.
@ayessamariemaranan1497
@ayessamariemaranan1497 3 жыл бұрын
thankyou sir, done watching
@rosebelldomingo7522
@rosebelldomingo7522 2 жыл бұрын
Thank for sharing this video lecture sir. Minimum wages have been defined as the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period.
@sharlynabustan394
@sharlynabustan394 3 жыл бұрын
Done watching. Thank u sir❤
@pattyrey3958
@pattyrey3958 2 жыл бұрын
Done watching sir, thank you sir ang dami ko po natutunan sa iyong video.♥️
@alexandramonettegomer2167
@alexandramonettegomer2167 2 жыл бұрын
Done watching sir, thankyou❤️
@kayerosales5815
@kayerosales5815 2 жыл бұрын
Yey, done watching na po. Very eye-opening po ang topic niyo about Minimum wage earners. Thank, Sir A!
@annkheziag.bolima2072
@annkheziag.bolima2072 2 жыл бұрын
Good afternoon po. Done watching po, thank you po for this.
@aceroelcaoc8657
@aceroelcaoc8657 3 жыл бұрын
Done watching po sir. Thank you po for an informative lecture.
@Deettos
@Deettos 3 жыл бұрын
Done watching, thank you sir!
@itsmegeline.x
@itsmegeline.x 3 жыл бұрын
Done watching. Thank u Sir.
@b.iankyy
@b.iankyy 2 жыл бұрын
Done watching po, sir A. Thank you for this lecture po!
@alleyzone
@alleyzone 3 жыл бұрын
Done watching po. Thank you, Sir.
@mhaykingsleysvlog6107
@mhaykingsleysvlog6107 2 жыл бұрын
Done Watching Thank you sir
@darrenguieb3840
@darrenguieb3840 2 жыл бұрын
thankyou sir A! done watching!
@elley9971
@elley9971 3 жыл бұрын
done watching sir, thank you
@Mariandetera0528
@Mariandetera0528 2 жыл бұрын
done watching sir! thank you!
@nheamaeatentar1388
@nheamaeatentar1388 3 жыл бұрын
Done watching , Sir. Thank you for this video po.
@carljeromeongkiatco272
@carljeromeongkiatco272 3 жыл бұрын
Done watching, thankyou po, Sir!❤️
@josh_orias
@josh_orias 3 жыл бұрын
Done po sir! Thank you po for this video lecture.
@delmitanadineairag.4335
@delmitanadineairag.4335 3 жыл бұрын
Done watching sir, thank you for this lecture po
@robyjanepagador9497
@robyjanepagador9497 2 жыл бұрын
Done watching, sir. Thank you po❤
@romaquinkrzyll9611
@romaquinkrzyll9611 3 жыл бұрын
Done watching, Sir. Thank you!
@jeniferisorena68
@jeniferisorena68 3 жыл бұрын
Done watching po. Thank you po Sir
@ellamedina7306
@ellamedina7306 2 жыл бұрын
Good afternoon po, Sir A! Done watching po. Thank you po.
@reanfransilsinag867
@reanfransilsinag867 3 жыл бұрын
Done watching sir, thank youu🖤
@cyreenefrancisco868
@cyreenefrancisco868 3 жыл бұрын
Done watching Sir. Thank you po!
@kylaabustan8313
@kylaabustan8313 3 жыл бұрын
Done watching Sir! Thank you po!
@noeminolledo9293
@noeminolledo9293 3 жыл бұрын
Done watching Sir. Thanks po
@rirideeexxx4921
@rirideeexxx4921 2 жыл бұрын
Thanks for the video lecture Sir A! Ive learned that Minimum Wage Earner or SMW is a worker that works either private or public sector and earns of not more than statutory minimum wage. The minimum wage differs in every region of the country and it should be prescribed by the Regional Tripartite Wages and Productivity. A minimun wage is a salary that paid to a worker for working for 8 hours and if its exceed it will be subject to overtimepay. So Why does MWE are exempt to tax? Base on the graduated tax rate table for a person to be tax exempt the annual income should not exceeds over Php 250,000 and base on the illustration that Sir A computes if a MWE works even without absent it doesnt exceeds the taxability threshold.
@karinaisabelletorres3396
@karinaisabelletorres3396 2 жыл бұрын
Done watching po Sir! thank you po ❤️
@mariajasmineumale7630
@mariajasmineumale7630 3 жыл бұрын
Done watching na po sir, Thank you so much po
@bryancatchillar4844
@bryancatchillar4844 3 жыл бұрын
Done watching po sir. Thank u po!
@jainabartolo6005
@jainabartolo6005 3 жыл бұрын
Done watching po sir, thank you
@jovelynvillaalonzo8718
@jovelynvillaalonzo8718 2 жыл бұрын
I've learned a lot in this lesson. In which a minimum wage earner, or SMW, is a member of either the public or private sector who is paid no more than the legal minimum wage. The minimum salary varies depending on where you live. A person's annual income must not exceed Php 250,000 according to the graduated tax rate table in order for them to be tax-exempt.
@pinkhazelorozco7327
@pinkhazelorozco7327 3 жыл бұрын
Done watching po sir thank you po 😊
@angelallenarce1277
@angelallenarce1277 3 жыл бұрын
Thank you po Sir ^.^ Done watching na po :)))
@angelicarosete3388
@angelicarosete3388 3 жыл бұрын
Done watching po sir thank you
@gillabrador4931
@gillabrador4931 2 жыл бұрын
Done watching po, Sir! Thank you for this informative video lecture. :)
@christineacuna2967
@christineacuna2967 3 жыл бұрын
Done watching, Sir. Thank you so much
@princesslim9784
@princesslim9784 3 жыл бұрын
Done watching po. Thank you, sir. :)
@charlesgarganta3644
@charlesgarganta3644 3 жыл бұрын
Done watching sir 💕
@janeryckasesgundo7109
@janeryckasesgundo7109 3 жыл бұрын
Done watching po Sir, Thank you poooo
@anactakristelannm.4744
@anactakristelannm.4744 3 жыл бұрын
done watching sir, thank you po :)
@genellgallardo8148
@genellgallardo8148 3 жыл бұрын
Done watching Sir!
@dyryllsusano6998
@dyryllsusano6998 Жыл бұрын
Done watching sir! Minimum wages earners pertain to those earners that is being paid a minimum wage. Wherein the minimum wages rates in every region differ, since it is being prescribed by the regional tripartite wages and productivity boards.
@triciamaemanansala5613
@triciamaemanansala5613 3 жыл бұрын
Done po sir, thank you po💚
@lianortega7861
@lianortega7861 2 жыл бұрын
Thank you for this discussion, Sir A.
@avec1207
@avec1207 3 жыл бұрын
Done watching~ very much interested in this topic. ^^
@lorainebernal4855
@lorainebernal4855 2 жыл бұрын
Thank you for this informative lecture sir!
@simonramiro6526
@simonramiro6526 3 жыл бұрын
Thank you po Sr. Ariel I have learned a lot by watching this video lecture, it is very informative
@haideecacalda5893
@haideecacalda5893 3 жыл бұрын
Done na po, Sir. Thank you po
@ricaconchadacurioso2580
@ricaconchadacurioso2580 3 жыл бұрын
Thank u sir. Done na po.
@eyannasofiaregencia3636
@eyannasofiaregencia3636 3 жыл бұрын
Thanks a lot for this lecture, Sir.
@angelmaeoco3088
@angelmaeoco3088 3 жыл бұрын
Done watching sir, thankyou for the information.
@steffisu_
@steffisu_ Жыл бұрын
I now know that a minimum wage earner, also known as an SMW, is an employee who works in either the private or public sector and makes no more money than the legal minimum wage. The Regional Tripartite Wages and Productivity should set the minimum wage because it varies by region across the nation. A minimum wage is the income an employee receives for eight hours of work; if more than eight hours are worked, overtime pay is due. Then why is MWE free from paying taxes? According on the progressive tax rate table, an individual's annual income must not exceed P250,000 to qualify for tax exemption, and based on an example calculated by Sir A, if a MWE works even when absent, it does not.
@leaalmodal7862
@leaalmodal7862 2 жыл бұрын
Minimum wage earner refers to the legally binding nature of minimum wages, regardless of how they are set. Minimum wages can be established by statute, decision of a competent authority, wage board, wage council, or industrial or labor courts or tribunals. Minimum wages can also be established by making collective bargaining provisions legally binding. The goal of minimum wages is to protect workers from unfairly low pay. They contribute to ensuring a just and equitable share of the fruits of progress for all, as well as a living wage for all who are employed and require such protection. Minimum wages can also be part of a policy to combat poverty and reduce inequality, including inequality between men and women, by promoting the right to equal pay for equal work.
@gillianlim4036
@gillianlim4036 Жыл бұрын
After viewing, I discovered that the phrase "smw" or "mwe" refers to the bare minimum of compensation that an employer, whether public or private, must provide to wage earners. Moreover, minimum wage workers are free from income tax on their wages for hazard pay, overtime, holidays, and overnight shifts.
@flarizzasubijano6059
@flarizzasubijano6059 3 жыл бұрын
Done sir, thankyou po
@andreaadre8248
@andreaadre8248 3 жыл бұрын
Thank you for this discussion, Sir.
@jessaherrera762
@jessaherrera762 2 жыл бұрын
Minimum wages are the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period which Connor be reduced by a collective agreement or an individual contract. Minimum Wage earners as defined in Section 2(HH) of this code shall be exempt from the payment of income tax on their taxable income. Examples are farmland, retail sales clerks, childcare workers, waitresses, and maids. Thank you!
@anamelissabunyi3351
@anamelissabunyi3351 3 жыл бұрын
Done na po sir, thankyou po
@vanaaronmationg6023
@vanaaronmationg6023 3 жыл бұрын
DONE WATCHING SIR!!! THANK YOU , LEARNED A LOT
@marcrendelle3779
@marcrendelle3779 2 жыл бұрын
Done watching sir! thank you for this lesson sir!
@russelpanaglima400
@russelpanaglima400 3 жыл бұрын
Done sir😊
@trixietuiza4187
@trixietuiza4187 3 жыл бұрын
Done po Sir thank you po💗
@QueenieDelRosario-mt3ur
@QueenieDelRosario-mt3ur 2 жыл бұрын
I've learned that a Minimum Wage Earner, or SMW, is a worker in the private or public sector who makes no more than the statutory minimum wage. Every part of the country has a different minimum wage. Based on the graduated tax rate table, a person's annual income should not be more than Php 250,000 for them to not have to pay taxes.
@dralyricsvibe46
@dralyricsvibe46 2 жыл бұрын
Done Watching sir, Thank you for this discussion - ARIOLA DIANA BSBA-MGT 201M
@jhpmabs1134
@jhpmabs1134 3 жыл бұрын
Now Watching po sir
@eunieviaamantoy9730
@eunieviaamantoy9730 Жыл бұрын
Done watching, sir. This lesson is all about SMW, or minimum wage earners. according to Article 99. regional minimum wage earner The minimum wage rates for agricultural and non-agricultural employees and workers in each and every region of the country shall be those prescribed by the Regional Tripartite Wages and Productivity Boards (as amended by Section 3 of Republic Act No. 6727, June 9, 1989). I realize that this lesson is important to know, especially when you're in the working field.
@camilleraguindinhufalar5596
@camilleraguindinhufalar5596 2 жыл бұрын
done watching po
@abegailorense8169
@abegailorense8169 3 жыл бұрын
Done Sir - Orense
@alisanoleal
@alisanoleal 3 жыл бұрын
Thanks for this lecture, Sir. Very informative.
@raymalynocopanlilio3417
@raymalynocopanlilio3417 3 жыл бұрын
Done watching Sir, it's very informative. Thank you po❤
@jozamariecueto2343
@jozamariecueto2343 2 жыл бұрын
I’m loving these recorded lecture, Sir! It suits my way of learning. Thank you!
@janneeloizacarza7217
@janneeloizacarza7217 3 жыл бұрын
This lecture is essential and indeed helpful for us working students! Thank you, Sir!
@pmdmashup698
@pmdmashup698 2 жыл бұрын
Done watching sir A! Minimum wage earners in India will not lose their exemption from income tax on overtime, holiday pay, hazard pay or night shift differential pay. The Supreme Court held that the proper interpretation is that minimum wage earners would be subject to income tax only on taxable income received in excess of the statutory minimum wage. Thankyou Po sir A❤️
@rachelleborrero2631
@rachelleborrero2631 3 жыл бұрын
Done watching sir! Very informative po BORRERO from BSBA II-C
@kramgreen784
@kramgreen784 2 жыл бұрын
Thanks for this lecture, Sir. - AMPARO, GABRIEL H. BSBA-MGT 201M
@jayson.sanjose
@jayson.sanjose 3 жыл бұрын
Done po Sir thank you po
@butwhytho8713
@butwhytho8713 2 жыл бұрын
done watching sir - James Villarubia (BSBA MGT 201M)
@khyleabordo4927
@khyleabordo4927 3 жыл бұрын
done po, thanks po : )
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