How to compute retirement pay in the Philippines? On January 7, 1993, Republic Act (R.A.) No. 7641, otherwise known as the New Retirement Law, took effect and amended Article 287 of the Labor Code of the Philippines (PD No. 442). According to the new law, any employee may … [Read more...]
What are Deductions and Exemptions to Income Tax (Philippines)
What are the deductions and exemptions you can claim against your taxable income in computing income tax and preparing your annual tax return? The computation for income tax expense and payable for individuals and corporations (including taxable partnerships) differs. Individual … [Read more...]
Deductible Expenses (Allowable Deductions) in the Philippines
April 15 is fast approaching, and if you have taxable income, you need to file and pay your income tax before that due date. In computing your income tax, you need to determine your deductible costs and expenses to arrive at your net taxable income. In doing the computation, we … [Read more...]
How to Avoid Poverty in the Philippines
How to avoid poverty in the Philippines? It’s always been my dream and desire to bring my fellow Filipinos from being poor to being rich. Well, though riches and money are often linked to greed, abuse and other negative qualities, being prosperous is what God wants us to be. As a … [Read more...]
How to be a Good Leader: Leadership from the Bible
How to be a good leader? Good leadership is vital to every business or organizational success. Without the right person to lead in an organization, common goals can hardly be achieved. Leadership, which is the ability to motivate and direct, is also the heart of management. … [Read more...]
Business Entrepreneurs at the End of the World
We’ve just finished discussing “How to prepare for the end of the world now”, and I still want to continue further in this very intriguing topic. As you know, business persons and entrepreneurs are working hard to build their companies and organizations. It’s so exciting and … [Read more...]
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