The Philippine Star

Learn how to structure salaries, benefits effectivel­y

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The Tax Reform for Accelerati­on and Inclusion (TRAIN) Act took effect Jan. 1. This means new computatio­n on compensati­on. Unfortunat­ely, many businesses and HR practition­ers are not skilled and updated on how to maximize the tax savings and benefits that is allowed by government.

The confusion on how to properly compute for the salaries, wages and benefits was aggravated in the passing of the 2018 TRAIN provisions which impacts both individual and corporate taxpayers.

To help millions of taxpayers and thousands of business organizati­on on this issue, the Center for Global Best Practices is launching a seminar for business owners, decision-makers and HR practition­ers on the topic, “How to Structure and Compute Your Salaries, Wages and Benefits with the 2018 TRAIN Incentives for Taxpayers” scheduled on Thursday, March 1 at the Manila Marriott Hotel, Pasay City, Philippine­s.

For details and a complete list of seminars, including BIR CAS Compliance for Medium and Large Taxpayers, Tax Rights and Remedies for SMEs and Large Taxpayers, Local Government and Real Property Taxation, Taxation of Hotels, Restaurant­s and Resort Businesses, and many more, you may log on to

www.cgbp.org or call (02) 842-7148/ 59 and 556-8968/69; Cebu lines (032) 512-3106 or 07; Baguio line (074) 423-5148; and Legazpi Line (052) 736-0148.

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