MERGED: All about EVAT (news, related issues, updates)

[grabehbebe]

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By Florante S. Solmerin
http://www.manilastandardtoday.com/?...s04_mar22_2006

PRIVATE schools planning to implement a tuition fee hike in the coming school year by using the government’s expanded value added tax (EVAT) as an excuse have been advised to be transparent about their charges.

“Private schools should be transparent about their financial standing before deciding to raise tuition,� Finance Secretary Margarito Teves noted in a statement.

He issued the warning after receiving information that some private schools intend to implement tuition fee increases this coming school year because of EVAT.

“Tuition and matriculation fees are not covered by EVAT, which took effect in June. They (private schools) should not use the Department of Finance or the government as an excuse to raise tuition and other fees,� Teves said.

Tuition increases have to be approved by the Commission on Higher Education (CHED), the government agency that regulates private colleges and universities.

“We do not intervene in the decision of schools to raise tuition,� said Teves.

He also urged school officials to explain to parents and students why any fee increase is needed.

In 2005, CHED records showed that of the 1,342 private schools all over the country, 205 or 17 percent filed applications for tuition increases.

In 2004 the average tuition increase was 11.37 percent amounting to P33.15 per unit. This went up 15 percent or P42.79 per unit, while miscellaneous fees (laboratory, student publication, library, energy, ID etc.) rose by 14.22 percent in 2005.

Earlier, the College Editors Guild of the Philippines (CEGP) accused CHED of favoring tuition increases this coming school year, citing the issuance of CHED Memorandum 14 that automatically allows colleges and universities to raise their tuition and other fees without consulting parents and students.

Jose Cosido, CEGP president, said the memorandum “has practically armed� private colleges and universities to further exploit students and their parents through exorbitant school fees.

Marco de los Reyes, president of the National Union of Students of the Philippines (NUSP), said CHED Memorandum 14 should be abolished as this “will allow school owners to increase tuition and other fees at will.�

Anticipating massive fee increases, militant students led by the Kabataan party-list group set up Tuition Monitor (TM), a hotline that students can use to report complaints or abuses that may be committed by school owners.

[klavel]

In 2004 the average tuition increase was 11.37 percent amounting to P33.15 per unit. This went up 15 percent or P42.79 per unit, while miscellaneous fees (laboratory, student publication, library, energy, ID etc.) rose by 14.22 percent in 2005.

Earlier, the College Editors Guild of the Philippines (CEGP) accused CHED of favoring tuition increases this coming school year, citing the issuance of CHED Memorandum 14 that automatically allows colleges and universities to raise their tuition and other fees without consulting parents and students.

Jose Cosido, CEGP president, said the memorandum “has practically armed� private colleges and universities to further exploit students and their parents through exorbitant school fees.

i think they should revise Memorandum 14..Instead of "without", why not put "after thorough review and approval by a commitee in CHED"..

mahal na jud mabuhi ron..

[ryan22]

mao jud bai bisan asa mahal na jud..

kung mamatay pud ka problema pud nato ang gasto..

pastilan ning kalibutana!

[Sovabon]

Mao nani ato gipang butahan, Poor Service to Nothing. Sigi lag pangwarta! Saon nalang edukasyon sa kabataan.

[Sovabon]

Mao nani ato gipang butahan, Poor Service to Nothing. Sigi lag pangwarta! Saon nalang edukasyon sa kabataan.

[grabehbebe]

OT: diko masyado maintindhan dialect nyo e...pasensya na...pwedeng tagalog nlang gamitin nyo po?...sori.....

[yeojtan]

Some eight years ago, Senator Ralph Recto authored the expanded value added tax (EVAT). Now, he is proposing to reduce the VAT from 12 to 10 percent.

“I believe the prescription for the 12 percent VAT as an economic medicine has expired. It's time to lower the dosage,” Recto said in a statement.

He said any cut in the current 12 percent VAT should be off-set by existing revenue streams that are not reflected in the annual national budget.

Recto noted that lost revenues from VAT reduction should be replenished with funds from the Philippine Amusement and Gaming Corp., Philippine Charity Sweepstakes Office and the Malampaya gas project.

He added revenues of Pagcor, PCSO and Malampaya should be included in the annual drafting of the national budget instead of being treated as off-budget items subject to the full control of the Office of the President.

“The funds from these three are sufficient enough to pay for the lost revenues,” Recto said.

According to his statement, Pagcor expects a P45-billion gross income this year while PCSO and Malampaya reported a total P31-billion and P43-billion income, respectively, in 2011.

Recto, Senate ways and means committee chairman, likewise objected to a multi-tier VAT rate for different industries, specifically for oil and power.

“I'm ready to listen and hear all proposals. I understand that the government, including the Senate, must show some compassion amid rising oil and commodity prices,” he said, stressing that the only way to reduce VAT is to do it across the board where all sectors must revert to 10 percent.

Recto however doubted if oil companies would lower their prices once VAT is reduced.

[æRLO]

good find TS, but please add links. Thanks.

And OnT-

[jangska]

ok rata dako ang vat kung naa pud tay makita nga mo balik pero ang mga buaya raman sad ang nangadato gud. mas maayo tngae ma ubsan na kay mao nay naka palisud sa mga pinoy taas na kaayo ang gasolina. basta gasolina nay mo taas tanan pud mo taas na.

[OmegaRed]

mas maau kng 5% nlng ang tax para malipay ang mga tao... ang gasolina ni saka na.. ang mga foods ang shelter ni saka na.. peru atong sweldo way saka2.. paeta kinabuhia.....