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Compute the gross income subject to progressive tax

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Question - Mark resigned in 2021 after 12 years of service. He had the following income during the year:

Salary, net of P80,000 withhoiding tax, P20,000 SSS, P18,000 PhilHeaith and £340,000 13th Month Pay P480000

Separation pay 1,000,000

Required - Compute the gross income subject to progressive (regular) tax.

Reference no: EM133170986

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