B. OTHER MANDATORY AREAS
Compliance with Mandatory Deductions and Tax Laws
13.1 Taxes withheld during the year from salaries, wages, and other services, including
Value-Added Taxes withheld from suppliers and contractors, were remitted to the
Bureau of Internal Revenue pursuant to existing Revenue Regulations. The Due to BIR
account had a balance of ₱2,007,794.24 as of December 31, 2023. The total taxes
withheld for the year amounted to ₱7,306,586.91, of which ₱8,388,017.72 was
remitted, inclusive of unremitted taxes withheld from previous years. The Due to BIR
account had a balance of ₱926,363.43 as of December 31, 2024.
13.2 The Due to PhilHealth account had a balance of ₱1,057.67 as of December 31, 2023. In
CY 2024, the Municipality recorded total deductions from government and personal
shares amounting to ₱1,298,901.33, and total remittances of ₱1,297,664.38. The
remaining balance in the Due to PhilHealth account amounted to ₱2,294.62 as of
December 31, 2024.
13.3 On the other hand, the Due to Pag-IBIG account balance is ₱9,264.84 as of December
31, 2024, which is still subject to verification.
13.4 Lastly, Due to GSIS Account had a negative balance of ₱3,532.22 as of December 31,
2024, which is still subject to verification.
C. SETTLEMENT OF ACCOUNTS
14. As of December 31, 2024, the Municipality had no audit suspensions, disallowances,
and charges.
D. OTHER MATTERS
15. We have audited the other audit areas specified under the COA Local Government
Audit Sector (LGAS) Unnumbered Memorandum dated October 30, 2024. However,
we have not yet obtained sufficient and competent evidence on these matters to warrant
the inclusion of audit observations in this Report.
57
