The P204 million under the OMOE consisted of the CA members’ maintenance and other operating expenses (P71.59 million); additional grocery expenses and grocery bonus (P21.65 million); longevity and incentive benefits and the chairman’s incentive bonus (P15.69 million); Yuletide package (P14.36 million); financial relief assistance, chairman’s calamity assistance and inflationary calamity assistance (P13.52 million); reimbursable travelling expenses, transportation (P13.26 million); midyear economic assistance and yearend performance incentive (P12.84 million); cost-of-living allowance (P9.265 million); efficiency benefits (P9.095 million); education allowance (P8.45 million); milestone, anniversary bonus (P5.81 million); rice subsidy allowance (P4.63 million); food subsidy and staple food assistance (P4.216 million); and salary (P10.349 million). The COA said these expenses, except for the grocery and food expenses, were essentially benefits granted to the CA members and should be classified as personal services, and therefore subject to withholding TAX. It said the grocery and food expenses could be charged to representation expenses if the money was spent for official entertainment, public relations, meetings, seminars or conferences.
Posted on: Fri, 28 Mar 2014 02:02:19 +0000
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