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N E W S Bolton P O NS Tractor O RS Pull H I Food PO Vendor P OR Application UNITIES Established in 1978, the Bolton Truck & Tractor Pull celebrates this communities rich and unique heritage, history
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N e w s stands for Statement of Earnings for Workers (NEWS), it is a report where employers in the Philippines are required to declare the compensation and benefits paid to their employees during the calendar year.
All employers in the Philippines, regardless of the nature of their business or employment, are required to file n e w s for their employees.
Employers can fill out n e w s through the online system provided by the government agencies such as the Bureau of Internal Revenue (BIR) and the Social Security System (SSS). They need to input the necessary information such as employee details, compensation, benefits, and deductions.
The main purpose of filing n e w s is to ensure that proper taxes are paid by both the employer and the employees. It also serves as a record of the compensation and benefits received by the employees, which can be used for social security and other benefits.
Employers must report the compensation, benefits, and deductions given to their employees, as well as their personal information such as name, TIN, and employment details.
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