Without a doubt, tax compliance is an expensive, painstaking, and time-consuming task to do in the Philippines. The Philippine tax filing system just makes it too hard for us to accomplish all our tax-filing responsibilities on time. Regardless, we still bear the brunt by being severely penalized for failing to keep… Read MoreHow to File Your Taxes Fast & Easy Online
How can you grow your business in the Philippines? You have been running your own enterprise alone or with a partner for some time. Your company has been able to survive so far. There is little debt and the revenue is enough to fund the necessary operations. You must be… Read MoreHow to Grow Your Business in the Philippines
What do you need to do to renew your business in the Philippines? Renew Barangay Clearance Renew Mayor’s Permit Renew BIR (Bureau in Revenue) Certificate of Registration Most companies are busy during January. They not only have to whip out their tax calculator in the Philippines for the annual filing… Read MoreHere’s What You Need to Do to Renew 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? Getting a tourist visa is quite a grueling affair. It is an experience that may not end on a happy note. In fact, there have been stories of people’s visa applications getting rejected even after… Read More3 Steps to Make Sure Your Visa Gets Approved
For Tiffany Valenzuela, her lifelong dream at first seemed to be just like that–a simple dream that was never coming into life.All her life, she just wanted one thing: to put up her own convenience store. But after getting a college degree, that dream was put on hold for her… Read MoreTaxumo Heroes: No More Excuses for this BPO Employee’s Lifelong Dream
How did the Train Law improve VAT? The Philippines has one of the highest VAT rates in the world and it is definitely a burden for a lot of enterprises. Recently, the government made revisions to it through TRAIN Law to make it less painful for them. If you’ve recently… Read MoreHow VAT is Improved Because of the TRAIN Law
TAXES – a word a lot of folks dread, and sometimes would rather set aside. Many people would agree on that; if only it is not that important. Kidding aside, all around social media, tax has been a hot topic. As the registration process keeps on getting more confusing, freelancers and… Read MoreA Comprehensive Guide to BIR Registration for Freelancers and Solopreneurs
Filipino doctors have to be aware of the changes implemented by the TRAIN Law this 2018. These changes involved new exemptions and rate recalculations that can thankfully be done with a tax calculator in the Philippines. Let’s discuss below some of the changes that will most likely affect your profession… Read MoreWhat Every Doctor Should Know About the Train Law
How can you organize your business taxes in the Philippines? Go paperless Compile your receipts and invoices Set up a bank account for paying taxes Keep track of all your payment dates Many Filipino freelancers and entrepreneurs often find it difficult to organize their business taxes in the Philippines.… Read MoreHow to Be Organized with Your Business Taxes in the Philippines