economic relief
VAT REDUCTION ACT
The VAT Reduction Act proposes to lower the Value-Added Tax (VAT) from 12% to 10%, aiming to alleviate the financial burden on Filipino families by reducing the cost of goods and services.
TEMPORARILY SUSPENDING OR REDUCING THE IMPOSITION OF VALUE-ADDED TAX (VAT) ON PETROLEUM PRODUCTS
This bill aims to temporarily suspend or reduce the Value-Added Tax (VAT) on petroleum products to provide immediate relief during fuel price crises. It allows the President to act based on specific economic conditions, such as high crude oil prices or a declared national emergency.
GRANTING THE PRESIDENT THE POWER TO LOWER THE RATE OF VALUE-ADDED TAX ON PETROLEUM PRODUCTS
This bill grants the President of the Philippines the authority to lower or suspend the Value-Added Tax (VAT) on petroleum products for up to one year during a national emergency or state of calamity.
RESILIENCE AND ECONOMIC LIFELINE TO INDIVIDUALS AND ENTERPRISES IN THE FUEL AND ENERGY CRISIS
This bill aims to provide relief and recovery interventions to low-income earners, minimum wage earners, self-earning individuals, and micro, small, and medium enterprises during the national energy emergency caused by global oil price increases.
AUTOMATIC SUSPENSION OR REDUCTION OF EXCISE TAX ON FUELS
This bill allows the President to automatically suspend or reduce excise taxes on fuels when global oil prices exceed USD 80 per barrel, aiming to provide timely relief to consumers during price surges.
LOWERING THE RATES OF TAX ON TAXABLE INCOME OF INDIVIDUALS
This bill aims to lower the tax rates on taxable income for individuals by amending Section 24 of the National Internal Revenue Code of 1997. It proposes a new tax schedule effective from January 1, 2027, which includes a 0% tax rate for income not exceeding ₱500,000 and progressively higher rates for higher income brackets.
VAT REDUCTION ACT OF 2025
Senate Bill No. 1552 proposes to reduce the Value-Added Tax (VAT) from 12% to 10%, amending specific sections of the National Internal Revenue Code. This change aims to align the Philippines' VAT rate with those of neighboring countries and alleviate the financial burden on low- and middle-income households.
ONE HUNDRED PESOS (P100.00) DAILY MINIMUM WAGE INCREASE
This bill proposes a ₱100.00 daily minimum wage increase for employees and workers in the private sector to help address the rising cost of living.
P300.00 DAILY MINIMUM WAGE INCREASE ACT OF 2025
Senate Bill No. 1269 proposes a ₱300 daily minimum wage increase for all private sector employees, regardless of employment status, to address the rising cost of living and ensure fair compensation for workers.
P100 DAILY MINIMUM WAGE INCREASE ACT
This bill proposes a ₱100 daily minimum wage increase for all employees and workers in the private sector, aiming to improve the living conditions of workers amid rising costs of living.
EXEMPTING ELECTRICITY SALES FROM VALUE-ADDED TAX
This bill aims to exempt electricity sales from the value-added tax (VAT) to reduce electricity costs, which are high in the Philippines compared to other countries. The exemption is expected to lower operating costs for businesses, help control inflation, and increase disposable income for households.
P200 DAILY MINIMUM WAGE INCREASE ACT OF 2025
The bill proposes a ₱200 daily minimum wage increase for private sector workers across all industries, exempting micro, small, and medium enterprises (MSMEs) from this increase. It aims to address the rising cost of living and ensure workers receive a living wage while allowing for additional regional wage adjustments by the Regional Tripartite Wages and Productivity Boards (RTWPBs).
P100 DAILY MINIMUM WAGE INCREASE ACT OF 2025
This bill proposes a ₱100 daily minimum wage increase for all private sector employees and workers, regardless of employment status, to address the rising cost of living and ensure a living wage.
PERSONNEL ECONOMIC RELIEF ALLOWANCE INCREASE
This bill seeks to increase the Personnel Economic Relief Allowance (PERA) for government employees from ₱2,000 to ₱4,000 per month, providing additional financial support amid rising living costs.
GRANTING INCREASE IN TAKE-HOME PAY FOR ALL WORKING FILIPINOS ACT (GINHAWA)
The bill aims to amend various sections of the National Internal Revenue Code to increase the take-home pay of working Filipinos by adjusting income tax exemptions and deductions.