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BIR Taxes Freelancer

The Struggles of Being an Online Freelancer in the Philippines

What do online freelancers struggle with the most? Discipline and time management Client demands and requirements Financial knowledge and management Work-life balance Becoming an online freelancer has become widely accepted. As more people prefer the comfort of their homes or coffee shops instead of a corporate office, the freelancing route… Read MoreThe Struggles of Being an Online Freelancer in the Philippines

Basic Types of Taxes Every Proprietor and Professional Needs to Pay to the BIR

Basic Taxes Every Proprietor and Professional Needs to Pay to the Bureau of Internal Revenue

Many of us who start a business come from a regular employment setting.  So when we decide to register our business with the Bureau of Internal Revenue (BIR), it comes as a shock when we learn that there are several types of taxes.

Yes, aside from income tax, there are other types of taxes that a business owner needs to pay–and that they need to file various tax forms many times a year.

Of course, we can’t spare you the payments, but we can at least spare you the shock.

Here, for your reading pleasure, are all the basic types of taxes and fees every professional or business owner needs to pay once they have registered with the BIR:

Read MoreBasic Types of Taxes Every Proprietor and Professional Needs to Pay to the BIR