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Guy Finley
You don’t need strength to let go of something. What you really need is understanding.
Posted By Junelle on February 24th, 2011

The “heat and stress” is causing me to have acne.  I can’t do anything to fight those two, so I resorted to have an online search for ways to treat or prevent acne. I landed at Proactiv website and found out that it is endorsed by famous or well known entertainers; such as Mandy Moore [...]

 

Great to have Dependents on Tax Exemptions in the Philippines

Posted By Junelle on May 30th, 2008 | 2,890 views

A great news for those who have dependents. From Php 8,000 deduction on TAX for each child, it is now Php 25,000.

Check: News

I have two of my children as my dependent, so that is already Php 50,000 savings for me.

Let’s check the expenses I have for my daughter alone:

  • During her study at St. Joseph as a toddler – her tuition is Php 24,000. That is for a 2 hour class everyday from June to March.
  • She drinks milk that costs Php 1,500 every can. She could consume 1 can every week.
  • If she is sick of asthma, then a dose of medicine that would probably cost us Php 5,000 at the minimum. With this, I tell you, our doctor is for free (she is a grandma of my daughter – cousin my children’s grandma on their father side).
  • A ballet lesson of about Php 2,500 every month. Including her ballet shoes and tights.
  • Also shirts, dresses and shoes since kids grow fast :)

See? The Php 50,000 savings on Tax is not even enough for just one child! Good thing I have my parents to help me in everything.

Now, planning on a first birthday of my son next month. — Everyone is invited :) I’ll post details when I have finalized the venue.

IF YOU HAVE KIDS … I SUGGEST YOU SHOULD JOIN THE PARTY! It will be on June 18, 2008 @ 3:00 PM on somewhere within Iloilo City, Philippines.

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