C. OTHER MANDATORY AREAS
Compliance with Mandatory Deductions and Tax Laws
7.1. The Municipality of La Libertad 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 ₱279,346.58 as of
December 31, 2024, was remitted in January 2025, detailed as follows:
Due to BIR Amount Date of
Balance Remitted to BIR Remittance
₱ 279,346.58 ₱ 168,196.31 January 10, 2025
* ₱111,150.27 still had to be traced
and reconciled by the agency;
7.2. As of December 31, 2024, the accounts Due to GSIS, Due to Pag-IBIG, and Due to
PhilHealth had balances of ₱1,597,840.30, ₱89,151.76, and ₱777,284.76,
respectively, and were remitted to the respective agencies, as follows:
Balance as of
Amount
Account December Date of Remittance
Remitted
31, 2024
Due to GSIS ₱1,597,840.30 ₱806,353.64 January 2, 2025
* ₱791,486.66 still had to be
traced and reconciled by the
agency;
Due to Pag-IBIG 89,151.76 42,203.30 January 8, 2025
* ₱46,948.46 still had to be traced
and reconciled by the agency;
Due to PhilHealth 777,284.76 151,772.16 January 2, 2025
* ₱625,512.60 still had to be
traced and reconciled by the
agency;
D. SETTLEMENT OF ACCOUNTS
8.1. The reported audit suspensions, disallowances, and charges of the LGU as at
December 31, 2024, were as follows:
Beginning Issued this Period Ending
Balance (1/1/2024 to 12/31/2024) Balance
(01/01/2024) NS/ND/NC NSSDC (12/31/2024)
Suspension ₱4,212,000.00 0.00 0.00 ₱4,212,000.00
Disallowance 16,000.00 0.00 0.00 16,000.00
Charge 0.00 0.00 0.00 0.00
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