Payroll Quiz PH

07/07/2026

NCR MINIMUM WAGE

02/05/2026

19/04/2026

19/04/2026

How are SSS contributions shared between employer and employee?

A. Employer pays 100%

B. Employee pays 100%

C. Employer and employee share the contribution based on prescribed rates

D. Government pays on behalf of both

19/04/2026

Who is required to pay SSS contributions under compulsory coverage?

A. All government employees

B. All private sector employees not over 60 years old

C. Only self-employed individuals

D. Overseas Filipino Workers (OFWs) only

19/04/2026

What is “withholding tax on compensation” in the Philippines?

A. A tax paid by employers on their profits

B. A tax deducted from employees’ salaries and remitted to the BIR

C. A tax on imported goods

D. A tax on business permits

19/04/2026

What is the purpose of withholding tax on compensation?

A. To serve as an advance payment of the employee’s annual income tax liability

B. To reduce employer expenses

C. To increase government revenue from businesses only

D. To replace value-added tax (VAT)

19/04/2026

Which of the following is considered part of “compensation” subject to withholding tax?

A. Salaries and wages
B. Bonuses and allowances
C. Overtime pay
D. All of the above

19/04/2026

𝗔𝗡𝗡𝗨𝗔𝗟 𝗜𝗡𝗖𝗢𝗠𝗘 𝗧𝗔𝗫 𝗥𝗘𝗧𝗨𝗥𝗡 𝗗𝗘𝗔𝗗𝗟𝗜𝗡𝗘 𝗠𝗢𝗩𝗘𝗗 𝗧𝗢 𝗠𝗔𝗬 𝟭𝟱, 𝟮𝟬𝟮𝟲

The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular No. 30-2026, extending the deadline to May 15, 2026 for the filing of 2025 Annual Income Tax Returns, payment of the corresponding taxes due thereon, and submission of required attachments.

“In line with the directive of President Ferdinand R. Marcos Jr., this extension is meant to make tax compliance easier for taxpayers at a time when many are managing added strain from the ongoing energy crisis,” Commissioner Charlito Martin R. Mendoza said.

Taxpayers may file through the BIR’s electronic filing platforms and pay electronically through available payment platforms, or manually through the nearest Authorized Agent Banks.

RMC No. 30-2026: https://tinyurl.com/RMC302026

09/04/2026

Hazard pay is mandatory for:

a. All employees
b. Government health workers
c. Private sector staff
d. Freelancers