General Guidelines for Severance & Gratuity
Contract Gratuity Payments
Tax Rate – 25% up to $1,000,000; 30% in excess of $1,000,000
No exemptions
No tax returns required for the processing of Contract Gratuity
Where there is an … more
Contents tagged with Severance
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General Guidelines for Severance & Gratuity
Contract Gratuity Payments
Tax Rate – 25% up to $1,000,000; 30% in excess of $1,000,000
No exemptions
No tax returns required for the processing of Contract Gratuity
Where there is an … more