Year-end: 2316, 1604-C, 13th month
3 quick questions. Pick an answer to see why.
1. An employee earning ₱20,000 a month worked 6 months of the year. What is their 13th month pay?
One-twelfth of the basic salary earned in the year: ₱20,000 × 6 = ₱120,000, ÷ 12 = ₱10,000.
2. Which two payroll jobs are due by 31 January?
Employees get their 2316 and BIR gets the 1604-C with the alphalist by 31 January. The 13th month is due 24 December, December's 1601-C 15 January, and signed duplicates 28 February.
3. An employee resigns in August. When do they get their 2316?
When employment ends during the year, the 2316 is given on the day of the last payment.