Excise Tax? When June 2017 or 2018?

[mda]

Ayan na...

Marketed to increase "take home pay", but whose original purpose is to increase funds for the government...

[fleas2016]

Pati bank transactions and cheque book?!?



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Yes. Di lang yan, anything affected by document stamps wherein the tax is doubled.

Pati tax on your Foreign Currency accounts.

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[leonleon]

At lalala pa Pare ko.....

Bro- I estimate that at P40/L,- that was 72 liters.... --- opppss I used regular diesel because that is what I am using... Anyway,- below are rough estimates of the additional cost vs. the salay increase.....

Increase is about P3 per liter in excise tax + VAT = so additional of P216 ....

Average is 8Km/L = good for 576Km.

Average mileage in a year is 20KKm total approx = P7,500 additional cost in a year or about P625 additional cost a month....

If you get an increase of P8,000 per month in salary (assuming you're a salaried individual), - then it is only 8% of your "increase"....

Now,- prices of goods and commodities is another story/concern....

Spot on bro.

In my case, average 3000 liters per year ang personal na gamit ko na diesel.

2.80 / liter price increase translates to 8,400 pesos per year or 700 pesos per month.

And yes, fuel pa lang yan.

Napakasakit.

[Flipo]

At lalala pa Pare ko.....

Bro- I estimate that at P40/L,- that was 72 liters.... --- opppss I used regular diesel because that is what I am using... Anyway,- below are rough estimates of the additional cost vs. the salay increase.....

Increase is about P3 per liter in excise tax + VAT = so additional of P216 ....

Average is 8Km/L = good for 576Km.

Average mileage in a year is 20KKm total approx = P7,500 additional cost in a year or about P625 additional cost a month....

If you get an increase of P8,000 per month in salary (assuming you're a salaried individual), - then it is only 8% of your "increase"....

Now,- prices of goods and commodities is another story/concern....

From Cito Beltran:

It seems that we are only now beginning to realize that the tax reform law called TRAIN is full of unexpected or hidden penalties in exchange for lower income taxes. The real problem with the runaway TRAIN is not the law itself but the interpretation and direct impact on consumers. In a country where businessmen shamelessly and habitually pass on any added cost or tax burden to consumers, there is no doubt in my mind that an uncontrolled surge in prices will create a tsunami like whiplash against the government.

[CVT]

Yes. Di lang yan, anything affected by document stamps wherein the tax is doubled.

Pati tax on your Foreign Currency accounts.

Sent from my SM-G950F using Tsikot Forums mobile app

Bro.,- regular Filipinos, hindi naman milyong dolyar ang deposit,- so hindi apektado...

Tsaka kung may tubo naman sa dollar account,- kachiching lang so wala wala wala pa rin....

[_Cathy_]

Bro.,- regular Filipinos, hindi naman milyong dolyar ang deposit,- so hindi apektado...

Tsaka kung may tubo naman sa dollar account,- kachiching lang so wala wala wala pa rin....

Every centavo counts for me...

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[jaypee10]

budget sa mga walang kwentang pulis na walang alam kundi mag text text at mamahinga sa mobile matulog at tumabay tambay lang sa mga kanto.

dyan mapupunta ung dapat na para sa mahirap na katulad namin.

[Gumusut_Amige]

marami na ang nagmahal na bilihin pero bakit parang wala pang nagsimulang umangal sa mga ordinaryong tao? takot ba sila kay pdiggy o hihintayin pa ang full-blown effect ng train?
nung isang araw ako ang namalengke sa wet section dito sa aming lokal market... halos lahat nagmahal na.
time to fill up for the last time before the excise tax effect.

[Ry_Tower]

Yung 3n1 coffee nag nagmahal na pero hindi naman kasama sa TRAIN diba. ganyan mangyayari sa bilihin. Kahit di kasama sa TRAIN, idadamay yan ng mga negosyante. Sapul naman kasi ng fuel excise tax eh hehe

[mcoy123]

Yung 3n1 coffee nag nagmahal na pero hindi naman kasama sa TRAIN diba. ganyan mangyayari sa bilihin. Kahit di kasama sa TRAIN, idadamay yan ng mga negosyante. Sapul naman kasi ng fuel excise tax eh hehe

Kasama ata sya sir dun sa sugar tax as it contains . .. sugar =)