When it comes to paying income taxes in the Philippines, one of the options available to taxpayers is the graduated income tax rate. If you’re earning from your profession, freelancing, or running a business, it’s important to know what this means and whether it applies to you. What Is the… Read MoreGraduated Income Tax Rate in the Philippines: Is It for You?
Dealing with taxes in the Philippines can feel overwhelming, especially if you’re not sure where to start. Whether you’re registering your business, securing important documents, or filing your taxes, the process can be time-consuming and confusing. To help make things more organized, the BIR introduced the BIR eAppointment System. This online… Read MoreBIR eAppointment System: A Guide for Taxpayers + How to File Taxes Online
When it comes to paying taxes in the Philippines, MyEG is often one of the first platforms people think of. It’s known for offering a quick and easy way to settle government fees, including BIR tax payments online. But here’s something many taxpayers may not realize:MyEG only helps with the payment part. It doesn’t… Read MoreMyEG and Other Digital Platforms to File and Pay Taxes: A Step-by-Step Guide
It’s important to understand ATC and how they affect your taxes. The List of BIR ATC (Alphanumeric Tax Codes) helps you figure out the right withholding tax rates and forms you need. Here’s a simple guide to help you understand it better. What is BIR’s ATC (Alphanumeric Tax Code) An ATC (Alphanumeric… Read MoreList of BIR ATC for Income Tax Filing and Withholding Tax
One of the most important taxes companies need to pay is the corporate income tax. But don’t worry—understanding how corporate income tax rates work and how the CREATE Act affects your tax rate can help you make better decision and save money, and plan ahead more strategically. What is Corporate Income Tax? Corporate… Read MoreCorporate Income Tax Rates in the Philippines for 2025
Life gets busy, and with so many things to juggle—work, family, bills—it’s easy to forget about taxes. But missing tax deadlines can lead to penalties, stress, and unnecessary expenses. That’s why staying on top of your taxes isn’t just about compliance—it’s also a smart financial habit. So how do we avoid… Read MoreWhy Tax Filing Deadline Reminders Keep You Financially on Track
Filing quarterly income tax can feel overwhelming, but it’s an important step for staying on top of your tax game. Understanding how to compute quarterly income tax can help you avoid penalties and make the most of any deductions or credits. In this guide, we’ll breakdown the basic steps for… Read MoreHow to Compute Quarterly Income Tax – For Filipino Taxpayers
Have you ever wondered what your next step should be after registering with the DTI and LGU? What BIR requirements for new business do you need to prepare to fully legalize its operations? In this blog, we’ll dive deeper into the steps to make your business legal and compliant with… Read MoreBIR Requirements for New Business – What Do I Need to Prepare?
BIR released a new memorandum regarding the invoice compliance for VAT and Non-VAT taxpayers. Let’s take a look on some of the details on how to issue your invoice if you’re a VAT of Non-VAT business. Invoice Compliance and Requirements According to RMC 77-2024, businesses are now required to issue… Read MoreClarifying Invoice Requirements for VAT and Non-VAT (RMC 77-2024)
BIR Form 1702Q — What is this? Firstly, know that there are different classifications of Income Taxes here in the Philippines, and the Income Tax form that you need to file varies on your Taxpayer type whether if you’re a Non-VAT or VAT filer — this step is very crucial… Read MoreWhat is BIR Form 1702Q – Quarterly Income Tax?