In recent years, freelancing has become a popular career choice for many Filipinos. With the rise of technology and the internet, more and more businesses are turning to freelancers for their needs. As a freelancer, you can work from the comfort of your own home or from anywhere in the… Read MoreShould You Really Explore Being a Freelancer?
Tax Computation Philippines
It’s that time of the year again! Time to start preparing for your annual income tax return. Filing your taxes can be overwhelming, but it’s an important responsibility as a citizen. This year, the deadline for filing your income tax return in the Philippines is April 15, 2023. In this… Read MoreYour 2023 Guide to Master Annual Income Tax Return Filing in Under 5 Minutes
What do online businesses need to know about VAT? Which businesses need to pay 12% How to register for VAT Businesses need to give official receipts People have been buying more of their needs from online businesses because of their convenience. You can simply check out the offerings of different… Read MoreWhat Online Businesses Need to Know About VAT
Which outsourced services will improve your freelancing? Web Development Tax Computation Sales Lead Generation Virtual Assistants As a freelancer, it can be difficult to run your business as a one-man team. You have to worry about accomplishing the requests of your customers. But you also have to worry about finishing… Read MoreWhich Outsourced Services Will Improve Your Freelancing?
What are the top travel destinations to go to? Japan South Korea Europe USA Maldives You’ve been working hard for years. You’ve paid your dues such as your contributory tax computations in the Philippines. Thus, you definitely deserve to treat yourself! What better way is there to spoil yourself than… Read MoreTop Travel Destinations
How can you grow your business in the Philippines? Register your business with BIR Regularly update your bookkeeping accounts Don’t be afraid of exporting Prioritize innovation You have been running your own enterprise alone or with a partner for some time. Your company has been able to survive so far.… Read MoreHow to Grow Your Business in the Philippines
What are the things newbie doctors need to know about residency life? Residents have to pay income tax You will not earn a lot right away You are not done studying after med school You must learn about taxes When medical students are done with their internship for a year… Read MoreThings Newbie Doctors Need to Know About Residency Life
What are the steps you need to take to make sure your visa gets approved? Complete the basic requirements Prepare evidence of your income tax return Convince the embassy you will not be overstaying Getting a tourist visa is quite a grueling affair. It is an experience that may not… Read More3 Steps to Make Sure Your Visa Gets Approved
Throughout the years, changes have been implemented to the country’s tax systems to ensure fairness and efficiency. In addition to updating guidelines for tax filing, the Bureau of International Revenue (BIR) has introduced new forms as well. Today, we’re highlighting one of the latest forms introduced by the BIR: Form… Read MoreAll You Need to Know About BIR Form 0619E (Updated 2022)
What are the different business structures that can affect your tax computations in the Philippines? Sole proprietorship Partnership Corporation Capital, location, and product are some of the things you have to consider when starting your own business. Each of them has the capacity to affect your tax computations in… Read MoreUnique Legal Structures and Tax Computations in the Philippines