P50,000 tax break for special kids guardians

A tax break of as much as P50,000 should be granted to parents and legal guardians of children who have special needs, a congressional leader said on Thursday.

Rep. Mark Villar of Las Piñas City (Metro Manila), chairman of the House Committee on Trade and Industry, made the pitch under his House Bill 4516, which would grant P50,000 maximum deduction from the taxable income of parents and legal guardians of special children under 13 years old and which will cover the guardians’ dues on therapy, tuition for a private school, a medical professional’s diagnostic evaluations, specialized instructional materials and tutoring and transportation expenses to a medical facility or a school.