B. OTHER MANDATORY AREAS
Compliance with Mandatory Deductions and Tax Laws
6.1. 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. Of the current
outstanding balance of the Due to BIR account as of December 31, 2024 amounting to
₱1,476,560.87, ₱1,095,111.78 was remitted in January 2025 while the remaining
balance is still subject to further verification, detailed as follows:
Due to BIR Date of
Check No. Amount
Balance Remittance
₱ 1,476,560.87 01/10/2025 908890 57,177.92
1,419,382.95 01/10/2025 908891 735,184.95
684,198.00 01/10/2025 908892 302,748.91
381,449.09
Total Remittances ₱ 1,095,111.78
6.2. Salary deductions recorded under the accounts Due to GSIS, Due to Pag-IBIG, and Due
to PhilHealth had balances of ₱2,693,228.27, ₱104,560.63, and ₱812,843.98,
respectively, which are still subject to further verification. Remittances for the month of
December amounted to ₱2,047,432.30, ₱31,989.53, and, ₱220,565.52, for the accounts
Due to GSIS, Due to Pag-IBIG, and Due to PhilHealth, respectively, detailed as
follows:
Due to GSIS Date of
Check No. Amount
Balance Remittance
₱ 2,693,228.27 01/03/2025 ADA ₱ 2,224,003.98
469,224.29
Total Remittances ₱ 2,224,003.98
Due to Pag-IBIG Date of
Check No. Amount
Balance Remittance
₱ 104,560.63 01/08/2025 908894 ₱ 57,600.00
46,960.63 01/10/2025 908893 29,856.68
17,103.95
Total Remittances ₱ 87,456.68
Due to
Date of
PhilHealth Check No. Amount
Remittance
Balance
₱ 812,843.98 01/08/2025 ADA ₱ 308,019.45
504,824.53
Total Remittances ₱ 308,019.45
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