Starting a business can be exciting, but it can also be overwhelming. Most of us don’t know the concrete steps to register a business. In this blog post, we will discuss the basics of business registration in the Philippines and provide reliable sources for more information. First and foremost, it’s… Read MoreIt’s 2023: Do You Still Need to Leave Your House to Register a Business?
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?
Transitioning between jobs can be an exciting phase, filled with new challenges and opportunities. If you’re among those who embarked on new career paths in 2022, understanding your tax obligations is crucial to staying compliant. This article is tailored specifically for Filipinos who switched jobs last year, guiding you through… Read MoreSwitched Jobs Last Year? Pay your Taxes using 1700
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
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
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
If you’ve ever renewed your BIR business registration, then you would know that it’s a long and tedious process. The first step would be to go to your Bureau of Internal Revenue Revenue District Office or RDO which is located in the city where your business is located and submit… Read MoreThere’s an easier way to renew your BIR Business Registration
If you are a business owner, professional, OFW or a voluntary contributor, you are very well aware of the hassle of paying for your Social Security System (SSS) contributions. Because if you were an employee before, you didn’t really have to think about all that because your employer took care… Read More11 Easy Steps to Pay Your SSS Contributions Online (And Generate PRNs Too!)