What is the meaning and definition of a solopreneur? Solopreneur comes from the words “solo” and “entrepreneur”. From this combination of words it’s obvious that this term represents an entrepreneur who works alone (solo). Solopreneurs may hire contractors and outsource services … [Read more...]
How Can a Filipino Make Money Online?
How to make money online in the Philippines? How can a Filipino earn cash using the Internet? You have probably heard of many Filipinos who are making money online right now. Some of them are even earning significantly more than what you receive from your exhausting job under … [Read more...]
Business Tips #2: Be Friendly
This is the second of the business tips I want to share to all. If you have read my first business tip, you’ll notice that I have removed the term weekly in the title of this series of posts. This is because my passion tells me to share more than just weekly tips. Business ideas … [Read more...]
What Taxes Should I Pay in the Philippines (Self-employed)
What taxes should you pay in the Philippines? What taxes should self-employed individuals pay in the Philippines? Self-employed taxpayers are those individuals who receive income from business or from practice of profession. Persons who receive mixed income (income from business … [Read more...]
How to Prepare Income Tax Return (Corporations and Partnerships in the Philippines)
Previously, we have tackled the steps and guidelines on the computation and preparation of income tax for professionals and individuals who are engaged in business in the Philippines. This time, we will move on to discussing how to compute and prepare income tax return for … [Read more...]
How to Compute Income Tax in the Philippines (Single Proprietorship)
How to compute annual income tax in the Philippines for self-employed individuals, such as proprietors and professionals? Computing income tax expense and payable is different for individuals and corporations. Taxable corporations may be taxed using a fixed income tax rate. On … [Read more...]