Committee on WAYS AND MEANS
ADOPTION OF ALTERNATIVE WORK ARRANGEMENTS IN ENTERPRISES
This bill proposes to allow businesses registered with investment promotion agencies to adopt alternative work arrangements, such as telecommuting, by amending an existing section of the National Internal Revenue Code.
INCREASING THE INCOME TAX EXEMPTION CEILING FOR INDIVIDUAL TAXPAYERS
Bill SBN-2137 seeks to raise the income tax exemption limit for individuals to P360,000 per year. It is currently pending in the committee and is sponsored by Senator Mark A. Villar.
VAT EXEMPTION ON SYSTEM LOSS ACT FOR RESIDENTIAL HOUSEHOLD CONSUMERS
The bill proposes to exempt system losses from value-added taxes on electricity sold to residential consumers. It is currently under consideration by the Ways and Means committee.
KURYENTE RELIEF ACT OF 2026
The Kuryente Relief Act of 2026 proposes to exempt certain residential households from VAT on their electricity bills if their monthly consumption is 150 kWh or less. The bill is currently under consideration by the Committee on Ways and Means.
VAT EXEMPTION ON SYSTEMS LOSS ACT FOR RESIDENTIAL HOUSEHOLD CONSUMERS
The bill SBN-2076 aims to exempt systems losses from VAT for electricity sold to residential households. It is currently pending in the committee and was filed on May 4, 2026.
SUSPENSION OR REDUCTION OF EXCISE TAXES ON PETROLEUM PRODUCTS
The bill proposes that the President can suspend or lower excise taxes on petroleum products in times of national or global economic emergencies. It seeks to amend an existing section of the National Internal Revenue Code.
AUTOMATIC SUSPENSION OR REDUCTION OF EXCISE TAX ON FUELS
The bill SBN-1927 seeks to allow for the automatic suspension or reduction of excise tax on fuels by amending existing tax laws. It is currently in the committee stage.
ESTATE TAX AMNESTY ACT OF 2026
The Estate Tax Amnesty Act of 2026 proposes to provide amnesty for individuals regarding the payment of estate taxes. It is currently pending review by the committee.
TRAVEL TAX ABOLITION ACT OF 2026
The Travel Tax Abolition Act of 2026 proposes to eliminate the travel tax. It is currently under consideration by the Ways and Means Committee.
ABOLISHING THE TRAVEL TAX
The bill SBN-1849 proposes to eliminate the travel tax. It is currently under consideration by the Ways and Means Committee.
ABOLISHING THE TRAVEL TAX ON FILIPINOS AND SOUTHEAST ASIAN NATIONS (ASEAN) MEMBERS
The bill proposes to eliminate the travel tax for Filipinos and citizens of ASEAN countries when they travel to other ASEAN nations.