Senate Bill No. 1706, or the Tax Incentives for Individuals on a Work-From-Home or Telecommuting Program, seeks a tax deduction of P25 for every hour of work rendered by a WFH employee.
The bill also allows employers to claim a 50-percent tax deduction on allowances granted to WFH employees. This, Gatchalian said, will encourage employers to provide workers much needed allowances. Gatchalian cited a global survey, the 2021 Work Trend Index released by Microsoft in March, showing 46 percent of respondents sharing the view that their employers had never helped them ease the extra costs entailed by a remote work setup.
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