A certain amount of tax is deducted from your monthly income. The total amount deducted from income and the actual total amount of tax you are required to pay may not necessarily equal. In which case the difference, or amount adjusted, is called a “Yearend Adjustment.” Your employer will calculate the yearend adjustment and let you know whether you owe more money, or if the government owes you money.
※year end adjustment? (sa mga namamasukan sa kompanya) sa mga namamasukan sa kompanya, ang buwan buwan na binabawas sa sweldo na tax, ay kinikwenta bago matapos ang taon, upang malaman kung sobra o kulang ang binayad na tax . Ang kompanya ng nagaayos nito.