HOUSE OKAYS BILL TO EXEMPT PWDs FROM VAT

House okays bill to exempt PWDs from paying VAT •December 2, 2014 •Written by Ryan Ponce Pacpaco •Published in Top Stories •	0comments WITH an overwhelming 201 votes, the House of Representatives on Monday night approved on third and final reading a proposed law filed by House independent bloc leader and Leyte Rep. Ferdinand Martin Romualdez seeking to exempt persons with disabilities (PWDs) from paying the value-added tax (VAT) on certain goods and services.      Romualdez appealed to the senators to consider immediate action for his proposal under House Bill (HB) No. 1039 to ensure the benefits of PWDs in the country.       “I appeal to our honorable senators to prioritize my proposal so that we can extend additional genuine assistance to PWDs. This is very important to help their plight,” said Romualdez.      “This will extend benefits to PWD who are in dire need of support from the government because of their condition in life. I am thankful for their response to my proposal,” Romualdez pointed out.      The measure of Romualdez was a substitute bill that includes a related proposed law under HB No. 3826 of Pasay City Rep. Imelda Calixto-Rubiano.      Romualdez thanked his colleagues for passing his bill that was earlier approved by the House committee on ways and means chaired by Marikina City Rep. Miro Quimbo.      “I am thankful to all my colleagues for passing my bill. This is very timely to provide economic relief for PWDs and their families,” said Romualdez.      HB No. 1039 seeks to amend Section 32 of Republic Act (RA) No. 7277, otherwise known as the “Magna Carta for Persons with Disability,” as amended by RA 9442, by providing that PWDs shall be exempted from VAT in addition to the 20 percent discount they are already enjoying for the classes of goods and services.      Romualdez said the proposed VAT exemption shall apply on the following: medical and dental services; purchase of medicines in all drugstores; public railways, skyways and bus fare; admission fees charged by theaters, cinema houses, concert halls, circuses, carnivals and other places of culture, leisure and amusement; and all services in hotels and similar lodging establishments, restaurants, and recreation centers.

House okays bill to exempt PWDs from paying VAT
• December 2, 2014
• Written by Ryan Ponce Pacpaco
• Published in Top Stories
• 0comments
WITH an overwhelming 201 votes, the House of Representatives on Monday night approved on its third and final reading a proposed law filed by House independent bloc leader and Leyte Rep. Martin Romualdez seeking to exempt persons with disabilities (PWDs) from paying the value-added tax (VAT) on certain goods and services.
Romualdez appealed to the senators to consider immediate action for his proposal under House Bill (HB) No. 1039 to ensure the benefits of PWDs in the country.
“I appeal to our honorable senators to prioritize my proposal so that we can extend additional genuine assistance to PWDs. This is very important to help their plight,” said Romualdez. “This will extend benefits to PWD who are in dire need of support from the government because of their condition in life. I am thankful for their response to my proposal,” he pointed out.
The measure of Romualdez was a substitute bill that includes a related proposed law under HB No. 3826 of Pasay City Rep. Imelda Calixto-Rubiano.
Romualdez thanked his colleagues for passing his bill that was earlier approved by the House Committee on Ways and Means chaired by Marikina City Rep. Miro Quimbo. “I am thankful to all my colleagues for passing my bill. This is very timely to provide economic relief for PWDs and their families,” said Romualdez.
HB No. 1039 seeks to amend Section 32 of Republic Act (RA) No. 7277, otherwise known as the “Magna Carta for Persons with Disability,” as amended by RA 9442, by providing that PWDs shall be exempted from VAT in addition to the 20 percent discount they are already enjoying for the classes of goods and services.
Romualdez said that the proposed VAT exemption shall apply on the following: medical and dental services; purchase of medicines in all drugstores; public railways, Skyway and bus fare; admission fees charged by theaters, cinema houses, concert halls, circuses, carnivals and other places of culture, leisure and amusement; and all services in hotels and similar lodging establishments, restaurants, and recreation centers.

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