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Thursday, July 29, 2021

Hontiveros delighted by suspension of tax hike on private schools

Senator Risa Hontiveros on Friday welcomed the decision of the Bureau of Internal Revenue to suspend the 25-percent tax hike on private schools.

“We welcome the Bureau of Internal Revenue’s suspension of its Regulation No. 5-2021 which imposed a 25 percent increase in the income taxes to be paid by private schools,” she said.

“Nauna na nating ipinanawagan na itigil ang kautusang ito na lalong magpapahirap sa ating mga pribadong paaralang humaharap na sa mga pagsubok ng distance education at mas bumabang enrollment turnout,” Hontiveros said.

“While we are delighted with the news, I hope that, moving forward, before implementing such orders, government institutions will carefully discern and take into consideration the conditions of the sectors hard-hit by the pandemic,” she added.

“Lalo pa’t nakasalalay dito, hindi lang ang hanapbuhay ng mga guro at school staff kundi ang kinabukasan ng ating mga kabataan,” Hontiveros said.

The post Hontiveros delighted by suspension of tax hike on private schools first appeared on .

Source: Latest Politics News Today (Politics.com.ph)

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