As a business owner, you’re definitely familiar with the signage that you hang in your business premise. But have you heard of the big change that’s happened? If not, don’t worry, we’ve got you covered! You may know that BIR has issued RMO No. 43-2022 stating that a new format receipt notice… Read MoreBIR extends deadline for NIRI (Notice to Issue Receipt/Invoice Sign)
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
In this episode of Tax Tips Tuesdays, Ej and Ginger Arboleda and Marv de Leon discuss how professionals (from doctors, lawyers, dentists, photographers, wedding planners to freelancers) can register their business. In particular, they answer this question from a viewer: “If I have a small business that is not current… Read MoreHow to Register Your Business as a Professional (Tax Tips Tuesdays Ep. 2)
In this inaugural episode of Tax Tips Tuesdays, husband & wife/co-founders of Taxumo.com, Ej and Ginger Arboleda talk about the advantages of being a sole proprietor in the Philippines — in terms of business structure as well as taxes. When do we need to register as a Sole Proprietor in… Read MoreThe Advantages of Being a Sole Proprietor in the Philippines (Tax Tips Tuesdays Ep. 1)
The world of startups, often one of the most exciting places to be for many young professionals—with all the cool perks and benefits, flexible schedule, open office environment, a lot of room for learning, and a relaxed atmosphere—there seems to be nothing to dislike. What is little known are the… Read MoreStarting a Startup: Essential Tips to Follow in the Philippines
How can you grow your business in the Philippines? Register your business with BIR Regularly update your bookkeeping accounts Don’t be afraid of exporting Prioritize innovation You have been running your own enterprise alone or with a partner for some time. Your company has been able to survive so far.… Read MoreHow to Grow Your Business in the Philippines
How can you organize your business taxes in the Philippines? Go paperless Compile your receipts and invoices Set up a bank account for paying taxes Keep track of all your payment dates Many Filipino freelancers and entrepreneurs often find it difficult to organize their business taxes in the Philippines.… Read MoreHow to Be Organized with Your Business Taxes in the Philippines
What are the different business structures that can affect your tax computations in the Philippines? Sole proprietorship Partnership Corporation Capital, location, and product are some of the things you have to consider when starting your own business. Each of them has the capacity to affect your tax computations in… Read MoreUnique Legal Structures and Tax Computations in the Philippines
I’m going to discuss one of the small business tips some entrepreneurs are not taking advantage of nowadays. Over 3.5 billion searches happen per day, according to InternetLiveStats.com. Is your website near the top of the search results when someone searches for the services or products you offer? According to… Read MoreSmall Business Tips: Using SEO To Spark Your Business in 2018
I’ve been approached by numerous solopreneurs and home-based businesses for advice on how to sort out their bookkeeping. The three most common hiccups are: mixing personal and business-related funds; having trouble segregating or splitting personal and business expenditures; and ultimately, not having a clear picture of how much profit… Read MoreBefore You Start a Business, Focus on the Most Important Thing