Taxumo supports Online Sellers on understanding how taxes work in the Philippines With the recent efforts from BIR to tax online sellers, BIR also announced recently its extension for tax compliance and BIR Registration Online Seller (according to BIR RMC No. 55-2024). This extension gives online sellers additional time to… Read MoreBIR Registration Online Seller Deadline Extended
In February, Taxumo’s Tax 101 sessions ignited crucial conversations among freelancers and business owners, with a significant spotlight on taxes for online sellers. These sessions were instrumental in addressing tax matters, especially as deadlines loom and regulatory landscapes shift. Here’s a dive into the discussions that resonated most with the… Read More2024 February Recap: Taxes for Online Sellers and Guidance for Freelancers and Business Owners
The digital marketplace is an ocean of opportunity for Filipinos looking to express themselves and earn income online. It is ever-changing with the tides of technology and regulation. In this new environment, a new economy has definitely been created and with it comes regulations. A recent governmental update made its… Read MoreUnderstanding the 1% Withholding Tax on Online Sellers