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Revenue Regulations No. 6-2022

Removes the 5-year validity period on receipts/invoices

For full text, https://bit.ly/3yzTlny

READ: NCR and Western Visayas wage boards grant minimum wage increase

The Regional Tripartite Wages and Productivity Board - NCR issued Wage Order No. NCR-23 on 13 May 2022 that granted a wage increase of PhP33 bringing the new minimum wage rate to PhP570 and PhP533 for workers in the non-agriculture and agriculture sectors, respectively.

It is expected to protect around one million minimum wage earners in private establishments in the region from undue low pay. The increase considered the restoration of the purchasing power of minimum wage earners because of the escalating prices of basic goods, commodities, and petroleum products.

The Regional Tripartite Wages and Productivity Board – VI issued Wage Order No. RBVI-26 providing a wage increase for workers in the non-agriculture, industrial and commercial establishments of PhP55 and PhP110 bringing the daily minimum wage in the region to PhP450 and PhP420 for those employing more than 10 workers and those employing 10 or less workers, respectively. In addition, the Board granted a PhP95 increase for workers in the agriculture sector bringing the daily minimum wage to PhP410.

Additionally, the Board issued Wage Order No. RBVI-DW-04 providing a wage increase of PhP500 bringing the new monthly minimum wage rate for domestic workers to PhP4,500. It is expected to benefit 160,795 domestic workers (49,413 live-in and 111,382 live-out).

Full article: https://www.dole.gov.ph/news/ncr-and-western-visayas-wage-boards-grant-minimum-wage-increase/