Tuesday, November 8, 2011

Are honorariums given for the conduct of review sessions to nursing students subject to tax in the Philippines?

I conducted a series of review sessions with our nursing students in our school here in the Philippines. When I received my compensation I was surprised that the honorarium I received for being a reviewer was included in my monthly taxable income, making my tax for the month bigger than normal. Are honorariums really part of the taxable income?

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