How to structure your salaries and benefits effectively

THE Tax Reform Acceleration and Inclusion (Train) Act took effect on January 1, 2018. This means new computation on compensation. Many businesses and HR practitioners are not skilled and updated on how to maximize the tax savings and - ment. The confusion on how to properly compute for the salaries, the passing of 2018 Train provisions, which impacts both individual and corporate taxpayers. To help the 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, Incentives for Taxpayers’ scheduled on March 1, 2018 at the Manila Marriott Hotel, Pasay City, Philippines.

You can actually increase the take home pay of your workers by designing your compensation structure to maximize the use of De - lowable deductions and tax exemptions, giving the 13th month pay on a monthly basis, and more. This will mean less taxes to withhold, more money for your employees.

Learn all these from labor law practitioner and HR expert, Atty. Elvin Villanueva. He is the author of 23 books including Guide on Employee Compensation and Benefits Vol. 1 & 2; Guide to Valid Dismissal of Employees; Guide on Wage Order & Minimum Wage; Valid Job Contracting and Subcontracting, Gabay sa mga Karapatan ng mga OFWs; HR Forms, Notices & Contracts Vol. 1 & 2; Employee Transfer & Demotion; Examination; Real Estate Practices in the Philippines; Real Estate Exam Reviewer; and Real Estate Reviewer: Brokerage Practices. For details, log on to