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
Hello, April! April is also one of the busiest months here at the Taxumo Headquarters. And, you probably know the reason why. Everyone’s scrambling and asking us how to prepare, file and pay for their Annual Income Tax. With this, to help you understand the 101s on filing your Annual… Read MoreHow to File Your Annual ITR (1701 or 1701A or 1700) Using Taxumo
Not to toot our own horn, but Filipino taxpayers like us — they really like us! Currently, there are over 70,000 people who use Taxumo and over 60% of those are women! Below are some of the reasons why savvy Filipino taxpayers choose to automate their taxes and trust us… Read MoreCan You Really Do Your Taxes Even if You’re on Vacation?
YES! In this blog, you will have two (2) key takeaways; The advantages of filing your Annual Income Tax Return in advance The quick and more affordable way of filing Annual Income Tax Return As a Filipino taxpayer, it’s important to understand the advantages of submitting your Annual Income Tax… Read MoreIs There a Quick and Easy Way to File My Annual Income Tax Return in Advance?
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?
In this blog, we will talk about how you can stay compliant while chasing your career goals! If you have been fortunate to land two (2) career opportunities in 2022, big congratulations to you! What happens next? If you’re a Filipino employee, it’s important to be familiar with BIR Form… Read MoreIf You Switched Jobs Last Year This Blog Is Made for You
It’s that time of year again where we start thinking about our annual income tax return. As a taxpayer in the Philippines, it’s important to know the different forms you may need to file to and to make sure you file your returns accurately and on time. Let’s go through… Read MoreThe Complete List of All the BIR Forms You Need to Know for Q1 & Q2 2023
If you employ a few people, you know how much of a process it can be to file BIR Form 1601C every month. And the more employees you have, the more complicated it all gets. With MSMEs in the Philippines employing an average of 3 people per business, we decided… Read MoreDid You Know You Can File BIR Form 1601C via Taxumo?
If you’re a good employer, you’ve probably wondered a few things, such as: how can I keep being a good employer? Paying your employees fair wages, for one! But also, you need to think about employee-related tax payments. If by now you still haven’t quite figured out everything, don’t worry:… Read More3 Things Employers Need to Do for Year-End Tax Filing Compliance
We Made an Annual Tax Filing Compliance To-Do List So You Don’t Have To It does not matter if you’re a seasoned independent professional, a highly-operating business, an agile corporation–annual compliance can be a taxing experience. Most especially for newly minted freelancers, SMEs and corporations! That said, we are here… Read MoreYour Annual Tax Filing Compliance Checklist
2023 New BIR Rules for BIR Form 2500M (Monthly VAT Returns): What You Need to Know The New Year is shaping up to be a year of positive change as the BIR reports simpler VAT filing requirements for taxpayers. Here’s a rundown of how this change will affect you: The… Read MoreVAT Filing 2023 Update