REVISED WITHHOLDING TAX TABLE FOR COMPENSATION

DAILY	1	2	3	4	5	6
Compensation Range	685 and below	685-1,095	1,096-2,191	2,192-5,478	5,479-21,917	21,918 and above
Prescribed Withholding Tax	0	0 + 20% over 685	82.19 + 25% over 1,096	356.16 + 30% over 2,192	1,342.47 + 32% over 5,479	6,602.74 + 35% over 21,918
WEEKLY	1	2	3	4	5	6
Compensation Range	4,808 and below	4,808-7691	7,692-15,384	15,385-38,461	38-462-153,845	153,846 and above
Prescribed Withholding Tax	0	0 + 20% over 4,808	576.92 + 25% over 7,692	2,500 +30% over 15,385	9,423.08 + 32% over 38,462	46,346.15 + 35% over 153,846
SEMI-MONTHLY	1	2	3	4	5	6
Compensation Range	10,417 and below	10,417-16,666	16,667-33,332	33,333-83,332	83,333-333,332	333,333 and above
Prescribed Withholding Tax	0	0 + 20% over 10,417	1,250 + 25% over 16,667	5,416.67 + 30% over 33,333	20,416.67 + 32% over 83,333	100,416.67 + 35% over 333,333
MONTHLY	1	2	3	4	5	6
Compensation Range	20,833 and below	20,833-33,332	33,333-66,666	66,667-166,666	166,667-666,666	666,667 and above
Prescribed Withholding Tax	0	0 + 20% over 20,833	2,500 + 25% over 33,333	10,833.33 + 30% over 66,667	40,833.33 + 32% over 166,667	200,833.33 + 35% over 666,667

The following are the data given to you by Near Eastern University:

Employees Name	Status	Compensation	Frequency of payroll
Rick	Contractor (Pakyawan/Arawan)	537	Daily
Morgan	Probationary	900	Daily
Nicanor	Regular	20,000	Weekly
Jack	Regular	45,000	Semi-monthly
Wilson	Regular	150,000	Monthly

Additional information:

• The company operates 26 working days in the month of September
• The statutory minimum wage rate is P 537 per day as per regional tripartite wage and productivity board

1. How much withholding tax on compensation will Near Eastern University withhold on the salary of Rick for the month of September?

2. How much withholding tax on compensation will Near Eastern University withhold on the salary of Morgan for the month of September?

3. How much withholding tax on compensation will Near Eastern University. withhold on the salary of Nicanor for the month of September? (assume there are four weeks)

4. How much withholding tax on compensation will Near Eastern University. withhold on the salary of Nicanor for the month of September? (assume there are four weeks)

5. How much withholding tax on compensation will Near Eastern University withhold on the salary of Jack for the month of September?

6. How much withholding tax on compensation will Near Eastern University withhold on the salary of Wilson for the month of September?

7. How much total monthly withholding tax on compensation will Near Eastern University withhold on the salary of all of its employees for the month of September?