8 Things The New Balikbayan Box Law Can (Hopefully) Lead To
Jun 2, 2016 • Tim Henares
Jun 2, 2016 • Tim Henares
By Tim Henares
It’s no secret that PNoy signing new customs limits on Balikbayan Boxes (thereby raising the tax exemption limit from 10,000 PhP to 150,000 PhP) into law is a welcome move that was long overdue.
Here are just 8 other measures and initiatives we hope would follow in the wake of this this common-sensical law, given the precedent that monetary limits should be regularly updated, because, y’know, inflation, and other similar things that change with the times.
Currently, the “rule of thumb” is that there is a flat rate for anything under $20 being shipped to a person, and this value is normally what the customs official handling your parcel deems your item to be worth, and not what is actually indicated on the manifest being sent. This arbitrariness needs to stop. At $20, who really expects to send anything worth a damn? Well, clearly, seeing that this law came out during the American Occupation, the people from the early 1900’s did, and that was about a century ago.
We all know it, and we all hate it: customs is a cash cow for any unscrupulous official, to the point that these people think their human rights are being “violated” when a CCTV is present in their place of work. The Balikbayan Box has always been an easy target. This new law makes it just a little bit more difficult, although it makes it just a little more lucrative.
While indeed, our pensioners should make more than the meager amount they currently make, it stands to reason that a better balancing act needs to be executed when it comes to collection efficiency and payouts. The rates for contributions to SSS have been mostly stagnant for decades. Perhaps it’s time to act on that?
Let’s admit it: a significant number of OFW’s wouldn’t be abroad if they had home-based options. Making it just that easier for them like this really counts, and it’s mind-boggling that it took this long to get something as no-brainer as this approved.
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3 comments
thanks! this would be a great help for everyone with families or relatives overseas! :)
thanks for this informative content, 8list!
hoping that my mom wont experience such thing as hassle when she arrive. she’s coming home to purchase a condo in Makati because my brother is studying near there :)