The Evolution of De Minimis Benefits: An Analysis of RR No. 29-2025

Executive Summary The Bureau of Internal Revenue (BIR) has issued Revenue Regulations (RR) No. 29-2025,introducing significant updates to the ceilings of De Minimis benefits. These adjustmentsrespond to current economic conditions and the rising cost of living, aiming to provideemployees with better financial support without increasing their tax burden. Legal Basis and Definition Statutory Authority: De […]