On April 25, on the deadline of filing the Quarterly Percentage Tax Form, the BIR released RMC 26-2018 which has the new 2551Q form and the submission procedures for manual, eBIRForms, and eFPS. The new 2551Q Form now has a field where you can indicate whether you’re opting for the… Read MoreBrand New 2551Q Form (Quarterly Percentage Tax) with 8% Opt In
Everyday, people spend money on goods and services in the Philippines. It may be buying a new luggage for travel. Or having a hair treatment done at a salon. And oftentimes, we see “VAT” included in the receipt. Some people are aware of what it is while some think it’s… Read More2550m: How To File This BIR Form In a Breeze
BIR Form 1604E is also know as your Annual Information Return of Creditable Income Taxes Withheld (Expanded)/ Income Payments Exempt from Withholding Taxes. Sounds like a mouthful, right? Now let’s dissect that one by one. Withholding tax, in a nutshell, is the income tax liability deducted by the withholding agent… Read MoreWhat You Need to Know About the New Expanded Withholding Tax (BIR Form 1604E)
As a freelancer or business owner, filing your taxes is one of the most important things that you need to accomplish. And in this digital era, you can easily accomplish this with the BIR online registration via eServices. How do I file taxes online? If you want to file taxes online, you… Read MoreBIR Online Registration and Tax Filing Under TRAIN
Are you a self-employed individual or a small business owner who is looking for an easy way to pay for your government contributions? If you are, then we have good news for you! You may now pay for your government contributions for Social Security System (SSS) and Home Development Mutual… Read MorePay Your SSS and Pag-IBIG Contributions Through Taxumo
If you’re running your own business, then you know how important it is to pay your SSS and Pag-IBIG consistently. It’s easy to forget about this when you’re focused on running your business every day. One of Taxumo’s best-loved features is the ability to pay government contributions online. And, for… Read MoreNew: Free SSS & Pag-IBIG payments for Taxumo subscribers
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!)
Have you ever heard of BIR form 2550q? Well, it should be familiar if you are an individual involved with a business or trade. Responsible tax payers take time in learning the process aside from the basics of the tax system in the country. In every good or service enjoyed… Read MoreFiling the 2550q BIR Form In 1-2-3
Since October 2014, filing tax returns through eBIRForms has become mandatory for non-eFPS (Electronic Filing and Payment System) taxpayers and Accredited Tax Agents. This is true whether or not they are going to use an online tax calculator in the Philippines. Take note, however, that Taxumo is a great alternative… Read MoreHow to Use eBIRForms to File Your Taxes Online
Congratulations! You’ve finally decided to resign from your job and go full time into your profession. Whether you’re going to become a freelancer, a licensed professional, or a small business owner, you’re now your own boss! Now to make sure that things are on the up and up, the first thing… Read MoreHow to Transfer Your RDO Using BIR Form 1905