Category: Tax Alert

  • Employee Benefits Just Changed: What RR No. 29-2025 Means for Employers

    Employee Benefits Just Changed: What RR No. 29-2025 Means for Employers

    The Bureau of Internal Revenue (BIR) has issued Revenue Regulations (RR) No. 29-2025, further amending the rules on de minimis benefits. This update increases the ceilings for certain non-taxable employee benefits, giving employers more flexibility to provide allowances and perks without triggering income tax or fringe benefit tax, when properly structured. Below is a practical

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