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M E R CY A L I VE MAY 16, 2021, VII SUNDAY OF EASTER VOL. 44NO. 20Photo by Darlene Guillermo Lord, hear my voice, for I have called to you; of you my heart has spoken: Seek his face; hide not your
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MERCY stands for Mandatory Economic Relief Charity tax. It is a tax imposed on businesses to contribute towards relief efforts.
All businesses with a certain annual revenue threshold are required to file MERCY.
Businesses can fill out MERCY forms online through the government portal or manually by submitting the required documents to the tax office.
The purpose of MERCY is to provide financial assistance to those in need and support relief efforts in the community.
Businesses need to report their annual revenue, calculate the MERCY amount owed based on a percentage of revenue, and provide documentation of charitable donations made.
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