Senate Bill 1928 proposes tax breaks for workplace wellness programs

A new bill in the Senate aims to boost employee well-being by offering tax incentives to businesses. Senate Bill 1928, or the Workers Health and Wellness Act, encourages companies to adopt wellness programs for their staff. Lawmakers hope the measure will lead to healthier workplaces and a more productive workforce. The proposed law provides tax credits for employers who introduce qualified wellness initiatives. Smaller businesses with fewer than 200 employees could claim up to ₱1,000 per worker, while larger firms may receive up to ₱500 per employee. An additional 30% deductible depreciation expense is also available, with an option for accelerated depreciation on tax returns.

Wellness programs under the bill must include health screenings, education, behavioural change initiatives, and supportive workplace policies. The measure also promotes upgrades like better ventilation, energy-efficient technologies, and smart building systems. Supporters argue that such programs can cut health risks, reduce absenteeism, and lift productivity. The bill aligns with existing laws, including the Mental Health Act, and strengthens ties between public and private sectors in improving worker welfare. However, many small and medium enterprises (MSMEs) still struggle with the financial burden of implementing comprehensive wellness schemes.

If passed, the bill would offer concrete financial support to businesses investing in employee health. Companies could benefit from tax relief while workers gain access to better wellness resources. The government expects the incentives to create lasting improvements in workplace conditions across industries.