Refreshers

In cases where purchases of goods are separately billed from the purchase of services, the applicable rate of 1% on goods and 2% on services shall be applied respectively. However, in case of failure to separately bill goods and services, the higher rate of 2% shall apply.

• True

• False

The online Travel Authorization Form (TAF) is required if there are only logistical requirements from Admin.

• True

• False

The Team Celebration allowance may be used once every month (or a minimum of once every quarter). If the allowance is not used within a quarter, it will be carry over to the following quarter.

• True

• False

For services, certificate of completion (COC), if applicable, is a required document / attachment in PTRS.

• True

• False

Land Travel: Gas allocation for company issued vehicles and gas reimbursements for personal vehicles of managers to Senior VP shall be computed based on below formula:

(Round-trip total KM - 20KM) x Php 7

• True

• False