C. OTHER MANDATORY AREAS
Compliance with Mandatory Deductions and Tax Laws
9.1. The Municipality of Jimalalud complied with tax laws by withholding taxes from
salaries, wages, and other services, and Value-Added Tax from purchases of goods
and services, which were remitted to the Bureau of Internal Revenue regularly within
the regulatory period. The outstanding balance amounting to ₱1,592,320.23 as of
December 31, 2024, was remitted in January 2025, detailed as follows:
Due to BIR Amount Date of
Balance Remitted to BIR Remittance
₱ 1,592,320.23 ₱ 293,070.06 January 8, 2025
*₱1,299,250.17 still had to be traced and
reconciled by the agency;
9.2. As of December 31, 2024, the accounts Due to GSIS, Due to Pag-IBIG, and Due to
PhilHealth had balances of ₱192,692.23, ₱178,506.14, and ₱616,986.58,
respectively, and were remitted to the respective agencies, as follows:
Balance as
Amount
Account of December Date of Remittance
Remitted
31, 2024
Due to GSIS ₱ 192,692.23 ₱865,539.91 January 8, 2025
*the difference still had to be traced
and reconciled by the agency;
Due to Pag-IBIG 178,506.14 52,736.92 January 8, 2025
* ₱125,769.22 still had to be traced
and reconciled by the agency;
Due to PhilHealth 616,986.58 145,496.80 January 8, 2025
* ₱471,489.78 still had to be traced
and reconciled by the agency;
D. SETTLEMENT OF ACCOUNTS
10.1. The reported audit suspensions, disallowances, and charges of the LGU as at December
31, 2024, were as follows
Ending NS/ND/NC NS/ND/NC Ending
Balance Issued Settled Balance
(As of from 01/01/2024 from 01/01/2024 (As of
12/31/2023) to 12/31/2024 to 12/31/2024 12/31/2024)
Suspensions ₱ 7,560,252.90 ₱ 0.00 ₱ 0.00 ₱ 7,560,252.90
Disallowances 629,000.00 0.00 0.00 629,000.00
Charges 0.00 0.00 0.00 0.00
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