Azurin said a total of P8,502,008.81 worth of funds from the regular PNP 2022 appropriations will be released for the YEB, which is equivalent to one-month base pay of their regular employee, both uniformed and non-uniformed, and P5,000 as cash gift.
However, pursuant to Tax Reform Acceleration and Inclusion Law or Train Law (Republic Act 10893) and Bureau of Internal Revenue Regulations 8-2018 and 11-2018, the YEB and other bonuses, including the mid-year bonus exceeding P90,000 are taxable.
Police commission officers and non-uniformed personnel with salary grade 18 are subjected to year-end tax adjustment.
“All affected PNP personnel who reached the minimum net take home pay are also advised to settle through over-the-counter payment scheme of their unpaid loan/s for November and December 2022 to avoid incurring penalties and other charges. The regular monthly withholding tax deduction will resume on pay period of January 2023,” said Azurin.
Personnel who were administratively charged and were found guilty by the final and executory judgment shall not be entitled to receive the YEB and cash gift.
Azurin said he is hoping that police personnel who will receive their YEB and cash gift will use it properly and not put it to waste. (SunStar Philippines)