TRAIN Law: What it is and how it affects the Filipinos

The Tax Reformation for Acceleration and Inclusion or TRAIN law was signed by President Duterte on December 19, 2017 to simplify the government tax system. The bill has already started last January 1, 2018, and many Filipinos are already happy with it, but some are not.


What exactly is the TRAIN law? In this article, you’ll know the changes and how will affect every Filipinos.

Increased take-home money and bonuses:

Employees or workers with an annual salary of ₱250,000 are exempted now from tax. Includes the mandated 13th month bonus and other taxable bonuses. You’ll have 0% tax deduction compared with old tax system which has 5% to 32% deductions. You’ll have higher take-home pay and more chances of saving money. read more