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  • Special InTAX: March 2019 Issue 1 | Vol. 5

Special InTAX: March 2019 Issue 1 | Vol. 5

Special InTAX: March 2019 Issue 1 | Vol. 5

InTAX is an official publication of Tax Group of R.G. Manabat & Co.

special intax

Social Security System

 

The Philippine Social Security System (SSS) issued Circular No. 2019-005, 15 March 2019, to notify all employers, employees, self-employed, voluntary, and non-working spouse members the new schedule of Social Security (SS) contributions. The new schedule shall be effective starting the month of April 2019.  The new maximum contribution is Php800.00 for compensation income ranging from Php19,750.00 and above.

 

Attached is the full text of the Circular.

Social Security System (SSS) Circular No. 2019-005

DISCLAIMER: The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although R.G. Manabat & Co. endeavors to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

For any queries, you may contact any member of the InTAX Editorial Board or send your questions to ph-inquiry@kpmg.com.

© 2023 R.G. Manabat & Co., a Philippine partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

 

For more detail about the structure of the KPMG global organization please visit https://kpmg.com/governance.

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© 2023 R.G. Manabat & Co., a Philippine partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

 

For more detail about the structure of the KPMG global organization please visit https://kpmg.com/governance.

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