(NAR) VOL. 15 NOS. 3-4 / JULY - SEPTEMBER 2004
1. Since January 1, 2004 the cumulative gross professional fee paid for each doctor being monitored until December 31, 2004 for the application of the following withholding tax:
- Deduct 15% withholding on PF if cumulative gross income for the current year exceeds P720,000.00
- Deduct 10% withholding on PF if otherwise.
2. Starting June 30 to July 22 of the current year, all accredited doctors are required to submit a copy of BIR received Affidavit or Sworn Declaration of Current Year's Gross Income to any of the following offices in order to determine the appropriate withholding tax to be applied:
- Head Office - Accreditation Department
- PhilHealth Regional Offices - Accreditation and Quality Assurance Division
- PhilHealth Service Office - Accreditation Unit
3. In the absence of said document, the 15% withholding tax shall be applied to all PF payments starting August 1, 2004 whether or not the cumulative P720,000.00 gross income in the database has been exceeded.
4. At any point in time, when the cumulative gross income for the current year exceeds P720,000.00, even if the Affidavit or Sworn Declaration of gross income below P720,000.00 has been submitted, the 15% withholding shall also apply.
5. The above procedures and schedule of implementation shall be applied annually covering the period January 1 - December 31 of each year.