BIR

BIR Registration Guide: What is Form 2303 and Why Do You Need It?

Whether you’re a freelancer or a business owner, obtaining a BIR registration certificate is a must for you. Also known as BIR Form 2303 and Certificate of Registration (COR), this type of document gives you the legal rights to operate your business in the Philippines. All professionals licensed by the Philippine… Read MoreBIR Registration Guide: What is Form 2303 and Why Do You Need It?

What You Should Know about TRAIN

  • Evan Tan 

On January 1, 2018, the Tax Reform for Acceleration and Inclusion or TRAIN was implemented in the Philippines. This tax reform program aims to improve the tax system and make it simpler, fairer, and more efficient. As a dutiful taxpayer, it’s important to be aware of TRAIN, especially of the new… Read MoreWhat You Should Know about TRAIN

Every Important Detail that You Need to Know About the All-New BIR Form 0619E

What do you need to know about BIR form 0619E? The purpose of the form The entities who are required to file the form Deadline of submission Place/s to submit the form Penalties for improper filing   The Comprehensive Tax Program (CTRP) aims to change the country’s tax system. Its… Read MoreEvery Important Detail that You Need to Know About the All-New BIR Form 0619E

A Comprehensive Guide to BIR Forms for Freelancers and Sole Proprietors

As a freelancer or a sole proprietor, filing BIR forms and settling your taxes is your responsibility.

Knowing the right forms to secure and when they should be filed will save you from a lot of stress and penalties. So for today’s post, we’re giving you the ultimate list of BIR forms that every taxpayer should know.

Here we go.

Read MoreA Comprehensive Guide to BIR Forms for Freelancers and Sole Proprietors

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

  • Evan Tan 

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