Investment and Finance, Pag-IBIG
Effective July 1, 2025, the Philippine government rolled out a flat 20% final withholding tax (FWT) on all interest income from bank deposits. Yes, kahit anong klase pa ’yan—regular savings, time deposits, or foreign currency accounts—basta may interest, may bawas na agad. As someone who’s trying to grow my ipon kahit pa-konti-konti, I knew I … Read More “20% Tax on Interest Income Philippines (2025): What Savers Need to Know” »
