VAT-free essential childcare products for solo parents bill pushed

MANILA, Philippines — Trabaho party-list Rep. Johanne Bautista on Sunday called for the swift passage of the Parental Childcare Bill which seeks to reduce financial burden for solo parents. Under the proposed measure, a VAT exemption will be placed on essential childcare goods, such as infant formula, diapers, and vitamins, for households earning below P250,000 annually.  Additionally, the bill grants parents with two or more children an annual tax deduction of up to P50,000 for childcare-related service expenses. Bautista, who issued the call after the observance of Solo Parents Day on Saturday, said House Bill No. 4432 seeks to reduce […]... Keep on reading: VAT-free essential childcare products for solo parents bill pushed

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