Cryptocurrency Q&A How much is CTC 2024 in the Philippines?

How much is CTC 2024 in the Philippines?

SolitudeNebula SolitudeNebula Thu Nov 21 2024 | 7 answers 2232
I'm curious about the cost of living adjustment in the Philippines for the year 2024. Specifically, I want to know the amount of the CTC, or Cost of Thoroughfare Construction, for that year. How much is CTC 2024 in the Philippines?

7 answers

Stefano Stefano Fri Nov 22 2024
The Cedula computation for 2024 tax individuals involves several components.

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GinsengBoostPowerBoostVitality GinsengBoostPowerBoostVitality Fri Nov 22 2024
However, there is a cap on the Additional community tax. It shall not exceed Php 5,001.

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SapphireRider SapphireRider Fri Nov 22 2024
The Basic community tax is set at Php 5 for all taxpayers.

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Stardust Stardust Fri Nov 22 2024
Combining both the Basic and Additional community taxes, the Maximum community tax payable for 2024 is Php 5,001.

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alexander_watson_astronaut alexander_watson_astronaut Fri Nov 22 2024
Taxpayers should be aware of these rates and thresholds to ensure accurate computation of their community tax obligations.

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