REVENUE REGULATIONS NO. 8-2012 issued on May 11, 2012 further amends Revenue Regulations (RR) No. 2-98, as last amended by RR Nos. 5-2008 and 5-2011, relative to the “De Minimis Benefit,” uniform and clothing allowance not exceeding P 5,000 per annum, which is exempt from Income Tax on compensation as well as from fringe benefit tax.