17/07/2025
Tax on long term savings INTEREST is painful only if you have millions of long term savings or TIME DEPOSIT.
Example
50,000x 0.0625(bpi savings interest per anum)
=3,215/12 months
=260.42 x.20 percent
=52.00
Sana lahat ng galit may time deposit π€£.
Basta ako wala akung TIME DEPOSIT.