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#AskTheTaxWhiz: VAT exemptions, discounts for PWDs

The Philippine Tax Whiz discusses the discounts available to persons with disabilities and which items are exempt from value-added tax

9/20/2019 4:34:00 PM

AskTheTaxWhiz: The Philippine Tax Whiz discusses the discounts available to persons with disabilities and which items are exempt from value-added tax.

The Philippine Tax Whiz discusses the discounts available to persons with disabilities and which items are exempt from value-added tax

Updated 9:00 PM, September 20, 2019As a person with disability (PWD), is it true that I am exempt from value-added tax (VAT)? Is this the same as the PWD discount?The VAT exemption of PWDs depends on the nature of the product. As reiterated by Revenue Regulations (RR) No. 9-2019, only the following goods or services are exempt from VAT:

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Any item not listed above is still subject to VAT. Note, however, that the VAT exemption is not the same as the PWD discount.Under RR No. 5-2017, PWDs can claim at least a 20% discount on the items above.In addition, RR No. 9-2019 also sets a special 5% discount on basic necessities and prime commodities (but those items will not be exempt from VAT), provided that the total amount of the purchase will not exceed P1,300 per calendar week and that it's spent on at least 4 kinds of the qualified items.

For the purpose of the new 5% discount, what kinds of products are considered basic necessities or prime commodities?According to RR No. 9-2019, the following are considered basic necessities:All kinds and variants of riceCornAll kinds of bread (except pastries and cakes)

Fresh, dried, and canned fishFresh pork, beef, and poultry meatAll kinds of fresh eggs (except quail eggs)Potable waterFresh and processed milk (except milk labeled as food supplement) Read more: Rappler »

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