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Friday, February 03, 2017

SEN. GRACE POE PUSHING FOR "JUNIOR CITIZENS" BILL

The 20% discount awarded to our senior citizens are proven useful for them by providing them discounts and other privileges they may help them to enjoy their life as they get older. But this is only for seniors. Now how about the juniors?   A bill seeking a 20-percent discount and value added tax exemptions for poor children aged 12 and below was filed by Senator Grace Poe. Poe's proposal came as President Rodrigo Duterte seeks additional revenue sources to offset a planned reduction in income taxes to provide help for those in the middle class and the poor. This bill once approved will give poor families with children 12 and below a helping hand.  “This proposed legislation would surely help every poor Filipino family’s financial constraints, raise their level of living and improve their quality of life,” Poe said.     It is called as the Senate Bill 1295 or the Junior Citizens Act of 2017. Under this bill, "junior citizens," whose family's annual income doesn't exceed P250,000, will enjoy a 20-percent discount and VAT exemption on medicine, vaccines and essential medical supplies, accessories and equipment. The same discounts will apply on movie, concert and amusement park tickets and on funeral and burial services, according to a statement from the lady senator's office . This bill, if fully implemented, may lessen the financial burden among families belonging to the poorest of the poor up to the families which are considered as middle class.





The 20% discount awarded to our senior citizens are proven useful for them by providing them discounts and other privileges they may help them to enjoy their life as they get older. But this is only for seniors. Now how about the juniors?

A bill seeking a 20-percent discount and value added tax exemptions for poor children aged 12 and below was filed by Senator Grace Poe.
Poe's proposal came as President Rodrigo Duterte seeks additional revenue sources to offset a planned reduction in income taxes to provide help for those in the middle class and the poor.
This bill once approved will give poor families with children 12 and below a helping hand.
The 20% discount awarded to our senior citizens are proven useful for them by providing them discounts and other privileges they may help them to enjoy their life as they get older. But this is only for seniors. Now how about the juniors?   A bill seeking a 20-percent discount and value added tax exemptions for poor children aged 12 and below was filed by Senator Grace Poe. Poe's proposal came as President Rodrigo Duterte seeks additional revenue sources to offset a planned reduction in income taxes to provide help for those in the middle class and the poor. This bill once approved will give poor families with children 12 and below a helping hand.  “This proposed legislation would surely help every poor Filipino family’s financial constraints, raise their level of living and improve their quality of life,” Poe said.     It is called as the Senate Bill 1295 or the Junior Citizens Act of 2017. Under this bill, "junior citizens," whose family's annual income doesn't exceed P250,000, will enjoy a 20-percent discount and VAT exemption on medicine, vaccines and essential medical supplies, accessories and equipment. The same discounts will apply on movie, concert and amusement park tickets and on funeral and burial services, according to a statement from the lady senator's office . This bill, if fully implemented, may lessen the financial burden among families belonging to the poorest of the poor up to the families which are considered as middle class.
“This proposed legislation would surely help every poor Filipino family’s financial constraints, raise their level of living and improve their quality of life,” Poe said.

The 20% discount awarded to our senior citizens are proven useful for them by providing them discounts and other privileges they may help them to enjoy their life as they get older. But this is only for seniors. Now how about the juniors?   A bill seeking a 20-percent discount and value added tax exemptions for poor children aged 12 and below was filed by Senator Grace Poe. Poe's proposal came as President Rodrigo Duterte seeks additional revenue sources to offset a planned reduction in income taxes to provide help for those in the middle class and the poor. This bill once approved will give poor families with children 12 and below a helping hand.  “This proposed legislation would surely help every poor Filipino family’s financial constraints, raise their level of living and improve their quality of life,” Poe said.     It is called as the Senate Bill 1295 or the Junior Citizens Act of 2017. Under this bill, "junior citizens," whose family's annual income doesn't exceed P250,000, will enjoy a 20-percent discount and VAT exemption on medicine, vaccines and essential medical supplies, accessories and equipment. The same discounts will apply on movie, concert and amusement park tickets and on funeral and burial services, according to a statement from the lady senator's office . This bill, if fully implemented, may lessen the financial burden among families belonging to the poorest of the poor up to the families which are considered as middle class.


It is called as the Senate Bill 1295 or the Junior Citizens Act of 2017.
Under this bill, "junior citizens," whose family's annual income doesn't exceed P250,000, will enjoy a 20-percent discount and VAT exemption on medicine, vaccines and essential medical supplies, accessories and equipment.
The same discounts will apply on movie, concert and amusement park tickets and on funeral and burial services, according to a statement from the lady senator's office .

This bill, if fully implemented, may lessen the financial burden among families belonging to the poorest of the poor up to the families which are considered as middle class.
The 20% discount awarded to our senior citizens are proven useful for them by providing them discounts and other privileges they may help them to enjoy their life as they get older. But this is only for seniors. Now how about the juniors?   A bill seeking a 20-percent discount and value added tax exemptions for poor children aged 12 and below was filed by Senator Grace Poe. Poe's proposal came as President Rodrigo Duterte seeks additional revenue sources to offset a planned reduction in income taxes to provide help for those in the middle class and the poor. This bill once approved will give poor families with children 12 and below a helping hand.  “This proposed legislation would surely help every poor Filipino family’s financial constraints, raise their level of living and improve their quality of life,” Poe said.     It is called as the Senate Bill 1295 or the Junior Citizens Act of 2017. Under this bill, "junior citizens," whose family's annual income doesn't exceed P250,000, will enjoy a 20-percent discount and VAT exemption on medicine, vaccines and essential medical supplies, accessories and equipment. The same discounts will apply on movie, concert and amusement park tickets and on funeral and burial services, according to a statement from the lady senator's office . This bill, if fully implemented, may lessen the financial burden among families belonging to the poorest of the poor up to the families which are considered as middle class.


Source: http://news.abs-cbn.com/business/02/03/17/poe-seeks-discount-tax-exemption-for-junior-citizens






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