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Tax Rules

What You Must Know About BIR Form 2551Q and 2550Q (With FREE Tax Guide)

As Filipino taxpayers, it is essential to have a clear understanding of the Bureau of Internal Revenue (BIR) forms that pertain to our tax obligations.    In this blog, we will discuss BIR Form 2551Q and 2550Q, their significance, and how they relate to our tax responsibilities. It is important… Read MoreWhat You Must Know About BIR Form 2551Q and 2550Q (With FREE Tax Guide)

Is There a Quick and Easy Way to File My Annual Income Tax Return in Advance?

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?

Your 2023 Guide to Master Annual Income Tax Return Filing in Under 5 Minutes

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

VAT Filing 2023 Update

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

How to Make your Business Covid-19 Proof (And Still Pay Your BIR Annual Income Tax)

SMEs are mostly hit during a time of crisis – whether it’s economic or health in nature. For one, the Coronavirus pandemic has prompted the government to extend the Luzon lockdown. Add to that is the challenge to file and pay the annual income tax return or ITR on time. 

Read MoreHow to Make your Business Covid-19 Proof (And Still Pay Your BIR Annual Income Tax)