THE Fiscal Incentives Review Board (FIRB) now allows information technology-business process management (IT-BPM) enterprises in economic zones to adopt a 90-percent work-from-home (WFH) arrangement until end-March next year due to the Covid-19 pandemic, according to the Department of Finance (DoF).
In a statement on Friday, the DoF said under FIRB Resolution 19-21, the WFH arrangement will be allowed until January 1 next year, after which a 75-percent ceiling will be imposed until March 31, 2022 with the exception that if the state of calamity is extended beyond Jan. 1, 2022, the ceiling will be maintained at 90 percent until the end of March 2022.
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