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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 benefits; and give you tips and warnings. Your most frequently asked questions are also answered.
Every Senior Citizen or Person With Disability shall enjoy a special discount of five percent (5%) of the regular retail price of BNPC listed under Section 2 (a) and (b) of this Order, without exemption from the value-added tax (VAT).
In the Philippines, turning 60 makes you a senior citizen, eligible for government benefits due to limited job opportunities and societal contributions. This applies to residents and dual citizens who qualify.
What are the Senior Citizen Discounts in the Philippines? Under R.A. 9994, elderly Filipinos aged 60 and above are entitled to a 20% discount and exempted from the value-added tax (VAT) on applicable goods and services for their exclusive use.
A. Senior citizens are entitled to 5% discount on selected basic necessities and prime commodities. Q. Specifically, what products are subject to the 5% discount? • powdered, liquid, bar laundry, and detergent soap.
Filipinos aged 60 and above are entitled to fantastic discounts and VAT exemption on a wide range of goods and services under Republic Act No. 9994. You can enjoy these benefits whether you pay with cash or credit card. Here’s what you can save on:
Learn about the senior citizen discounts in the Philippines and how it benefits elderly residents. Find out how to avail these perks and enjoy financial relief.