Taxpayers who are required to file their income tax returns under the Tax code, and those who are not required but opt to do so, will be filing with the new income tax returns issued by the BIR. This is for their annual income tax covering and starting calendar year 2011, which … [Read more...]
Income Tax in the Philippines
Philippine taxation is already one of the most discussed topics on this blog. I have observed that many Filipinos are still confused when it comes to knowing and understanding their tax obligations to the government. I can’t blame them because taxation, especially income tax … [Read more...]
BIR (Bureau of Internal Revenue) Philippines Website Information
Tax affects everyone’s life, not only for business owners and employees, but also for anyone who is under the government. Income earned, whether from business profit or from employment compensation, is generally taxed. The commodities and services everyone consumes may also be … [Read more...]
Should Bloggers, Freelancers and Online Workers Pay Taxes?
Should online Filipino workers, such as bloggers, copy writers, SEO professionals, virtual assistants and other Internet freelancers pay taxes to the government through the BIR? If you are earning income from blogging and from providing services to clients online, that question … [Read more...]
Leadership in the Philippines: How to Lead the Filipinos
Every country needs great leaders to attain its common goals, such as economic progress, national security and sustainable living for its citizens. That is why local and national elections of government officials and leaders are considered as among the most important events that … [Read more...]
Tax Tips for Income Tax Filing and Preparation in 2012
In a few months from now, we will be filing our annual income tax return for the calendar year 2011. In the Philippines, income tax returns for the taxable calendar year are to be filed on or before the 15th of April. Since April 15, 2012 will fall on Sunday, we can assume that … [Read more...]
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