Navigating life’s journey comes with its share of duties, and among these, managing taxes stands out as a non-negotiable responsibility. However, the complexity of tax obligations can sometimes lead to overlooked or unresolved issues, leaving individuals and business owners wondering how to check open cases in BIR and restore their… Read MoreHow to Check Open Cases in BIR with Taxumo
As the April 15 deadline is fast approaching, the topic of income tax return filing becomes increasingly worrisome for others. While the process may seem straightforward for those with a single employer, it can quickly become complex for individuals who have worked for more than one employer within the previous… Read MoreWhy BIR Form 1700 Should Matter for Every Employee
Taxumo partners with Cebuana Lhuillier to empower MSMEs by providing comprehensive financial solutions to businesses in the Philippines. Managing a business for owners of micro, small, and medium enterprises (MSMEs) can be crucial as they try to balance numerous aspects such as operations, product development, sales, marketing, and more. However,… Read MoreTaxumo partners with Cebuana Lhuillier to make BizLoans easier for MSMEs
Navigating the complexities of tax filing can seem daunting for many, especially for freelancers in the Philippines. However, with the right guidance, this process can be simplified, making your tax filing journey in 2023 a breeze. Our Filipino Freelancer Tax Guide 2023 is designed to provide you with all the… Read MoreFilipino Freelancer Tax Guide 2023: File Your ITR this 2024
2551Q or Percentage Tax in the Philippines is a tax applied to certain transactions. It’s important to note that this is not an income tax—it’s a separate tax specifically tied directly to your sales or revenue, also known as a sales tax. But don’t worry, it’s simple to calculate and… Read More2551Q Deadline for 2025: How to Compute and File Your Percentage Tax
Imagine a simplified tax system for specific transactions in the Philippines – that’s the essence of Percentage Tax (PT). It applies a flat rate of 3% directly on your gross sales or receipts, instead of the usual income tax rates. Understanding who needs to file this type of tax can… Read MorePercentage Tax in the Philippines: What It Is and Who Files It
A Guide for Self-Employed, Professionals, and Freelancers You may wonder what’s next after paying your SSS contributions and where they are distributed to? Let’s take a look into the allocation of SSS contributions and shed light on how your contributions support the various benefits and services provided by the SSS.… Read MoreI Now Have SSS… Where Do My SSS Contributions Go?
As a business owner, you’re definitely familiar with the signage that you hang in your business premise. But have you heard of the big change that’s happened? If not, don’t worry, we’ve got you covered! You may know that BIR has issued RMO No. 43-2022 stating that a new format receipt notice… Read MoreBIR extends deadline for NIRI (Notice to Issue Receipt/Invoice Sign)
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