The Philippine National Police said it released P8.5 billion in funds for the year-end bonus and cash gifts for its 225,515 personnel. | zacariansINQ
Meanwhile, pursuant to Tax Reform Acceleration and Inclusion Law or T.R.A.I.N. Law bonuses exceeding P90,000 are taxable, which means year-end tax adjustment will affect all Police Commissioned Officers and Non-Uniformed Personnel with Salary grade 18 Step 1.
On the other hand, all affected PNP personnel who reached the minimum net take-home pay are also advised to settle their unpaid loans for November and December 2022 to avoid incurring penalties and other charges. According to Azurin, the regular monthly withholding tax deduction will resume during the pay period of January 2023.
Personnel who were administratively charged and were found guilty by the final and executory judgment shall not be entitled to receive their bonus or cash gift.
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