TRAIN Law

guide to 0619e

All You Need to Know About BIR Form 0619E (Updated 2022)

Throughout the years, changes have been implemented to the country’s tax systems to ensure fairness and efficiency. In addition to updating guidelines for tax filing, the Bureau of International Revenue (BIR) has introduced new forms as well.  Today, we’re highlighting one of the latest forms introduced by the BIR: Form… Read More »All You Need to Know About BIR Form 0619E (Updated 2022)

TRABAHO: Train Law Package 2 and Its Expected Effects

What can you expect from the Train Law Package 2? Decrease corporate income tax Regulate fiscal incentives Attract better and high-quality opportunities   It hasn’t been that long since the first package of the current administration’s Comprehensive Tax Reform Program (CTRP) was passed into law. The Tax Reform for Acceleration… Read More »TRABAHO: Train Law Package 2 and Its Expected Effects

What Are The Different Payroll Tax Rates to be Aware of This 2018

  • Evan Tan 

 

 

Whether you’re a freelancer or a new entrepreneur flying solo, sooner or later as your business grows, you may want to consider hiring employees. And when you do hire your first employee, you would have to start thinking about payroll, and payroll tax rates.

For both aspiring and existing business owners, 2018 comes with big changes specifically with implementation for payroll taxes. When it comes to handling payroll, it’s important to understand the current payroll tax rates. Not all employees under an organization have the same salaries and there are those who have different tax brackets as well. Meaning, each individual can have varying tax rates depending on their job position and company.

Read More »What Are The Different Payroll Tax Rates to be Aware of This 2018