In this article, I will share with you how to properly compute the VAT Exemption, 20% senior citizen discount and amount collectible from your senior citizen customers.

Aug 10, 2023 · In this article, I will provide a complete guide to senior citizen discounts and benefits under the existing laws of the Philippines, how to avail of these privileges and …

To calculate senior citizen discounts, follow these simple steps: Divide the sales price by 1.12 to calculate the VAT. Subtract the VAT from the sales price to get the base price. Multiply the …

Jan 8, 2022 · How to Compute Senior Citizen & PWD Discount. 1. A senior citizen is exempted from paying Value Added Tax (VAT). To compute the VAT-exempt sales, divide the selling …

Learning how to compute senior citizen discounts is as easy as one-two-three! Follow this guide to make your restaurant a safe space for lolos and lolas. Plus, get pointers on ensuring they …

Apr 18, 2025 · Senior discounts are a fantastic way to maintain your budget and enjoy the benefits of being an older adult. Remember that there is no legal requirement to offer …

Sep 12, 2024 · To calculate senior citizen discounts, divide the sales price by 1.12 to calculate VAT, subtract VAT from the sales price to get the base price, and multiply the base price by 20 …

Nov 7, 2023 · How do I qualify for senior citizen discounts? Qualification typically depends on age , which can vary by state or business (often starting at ages 55, 60, or 65). Some discounts …

This calculator determines your senior discount and final price. Follow these easy steps: Enter Original Price: Type the item’s original price. Enter Discount Percentage: Enter the senior …

Dec 19, 2019 · The senior citizen discount is computed at 20% of the base price which is then deducted to get final price to be paid by the senior. The above computation can be simplified …