Dear School Principals,
Please prepare payrolls for the following tax refund:
Title of the Payroll: Tax Refund of Additional Allowance for the months of June to November 2015 (SEF Fund)
Under SEF: P1,350.00 Amount reflected in the Payroll from June to Nov. 2015
Amount of Payroll to be Prepared to Refund under SEF: P150 x 6 mos. = P 900 (Total amount to be reflected in the payroll per person under SEF)
Title of the Payroll: Tax Refund of Additional Allowance and Rice Subsidy for the months of June to November 2015 (General Fund)
Under General Fund:
Rice Subsidy Amount reflected in the Payroll from June to Nov. 2015: P 900
To Refund: P100 x 6 mos. = P 600
Additional Allowance Amount reflected in the Payroll from June to Nov. 2015: P 450
to Refund: P50 x 6 mos. = P 300
Total Amount of Payroll to be Prepared to Refund under General Fund: P 900 (Total amount to be reflected in the payroll per person under General Fund)
Kindly double check the payrolls submitted by your school from June to November 2015 under SEF and General Fund. Baka po kasi hindi mag-tally sa payroll ninyo ang bibigyan natin ng tax refund pati po yung amount ng Refund. For Example, kapag nag-total po kayo ng June to Nov. 2015 ng tax refund (under SEF) ng school ninyo then, nag-arrive po kayo sa total na P 45,000 tax refund under SEF (meaning 50 pax po ang may tax refund) tapos nung ma-check namin payroll ninyo ng June to November 2015 under SEF ang total ng payroll ninyo ay P 66,150.oo meaning 49 pax lang po iyon (66,150 / 1,350 = 49 pax). Hindi po tally iyon sa payroll ninyo ng June to November 2015. Kaya po kapag gumawa ng payroll ng tax refund, pls paki-double po sa payroll ng June to November 2015 ninyo.
Kung nakapag-submit na po kayo ng December 2015 Additional Allowance payroll and Rice Subsidy Payroll under SEF and General Fund at nagbawas po kayo ng tax, please paki-pakuha po dito sa D.O. ang payroll c/o Ms. Jeannette Santos. Paki-bago ninyo po ang payroll kasi hindi na po kayo dapat magbawas ng tax sa lahat ng Additional Allowance Payroll at Rice Subsidy.
Deadline of Submission of Tax Refund Payrolls: December 4, 2015
Cooperation of all concerned is a must.