What are the De Minimis Benefits in the Philippines?

These are benefits provided by the employers to their employees on top of the basic salary intended for the health, peace, morality, and safety of the employees.

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These benefits have a relatively small value which is regulated by the law. Therefore, not subject to income tax and withholding tax on compensation of both managerial and rank-and-file employees.

TYPES OF BENEFITS

MAXIMUM MONTHLY AMOUNT

MAXIMUM YEARLY AMOUNT

Laundry allowance
Uniform and Clothing Allowance
Medical cash allowance to dependents of the employees
Rice subsidy
Actual medical assistance
Employee’s achievement award
Benefits received due to CBA
Christmas and anniversary gifts
Monetized unused vacation leave credits of private employees not exceeding 10 days during the year
Daily meal allowance for overtime work and night shift
PHP 300
PHP 500
PHP 250
PHP 2,000
PHP 833.33
PHP 833.33
PHP 833.33
PHP 3,600
PHP 3,000
PHP 5,000
PHP 24,000
PHP 6,000
PHP 10,000
PHP 10,000
PHP 10,000
25%> of the basic
minimum wage
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Here are more useful information to further understand the payroll processing in the Philippines

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Different Types of Employee Leaves in the Philippines

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Rundown of Maternity Benefits in the Philippines

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Parental Leave for Solo Parents in the Philippines

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Understanding the  Holiday Pays in the Philippines

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 List of Government Contributions in the Philippines

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Overtime Pays for Local Employees in the Philippines

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The Official List of 2021 Philippine Holidays