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33 Random Acts to Help the Philippines Progress

January 30, 2014 Vic Leave a Comment

Longest bridge in the Philippines

Have you ever asked yourself what can you contribute to your beloved country to help it move forward and achieve progress? There are no people in the world who can help the Philippines better than ourselves – the Filipinos and the citizens of this country. If the Americans, … [Read more...]

Law & Government, Society corruption in the Philippines, Filipinos, Philippine economy, Philippines, social responsibility

Top 10 New Year’s Resolutions for Philippine Politicians

December 17, 2013 Vic Leave a Comment

Congress or tribe of baboons

Politics is not the main topic of this blog – we are usually blogging about business. But politics can also have a great effect in the business sector, especially the small and medium companies. We need a good government to support aspiring entrepreneurs and aid existing … [Read more...]

Politics government, leadership, New Year Resolution, Philippine politics, society

The Difference between Sales invoice and Official Receipt

June 18, 2013 Vic 8 Comments

Official receipts vs sales inv

What’s the difference between a Sales Invoice and an Official Receipt?  To address this question, the following are some of the differences of sales invoices and official receipts:     Sales Invoice Official Receipt 1. A sales invoice is a … [Read more...]

Accounting, Taxation BIR, official receipt, recording, sales invoice, VAT

Tax Blog in the Philippines

June 2, 2013 Vic 3 Comments

BIR tax payment

Majority of our visitors and readers come to our blog in search for tax articles like income tax computation, filing of ITR, getting TIN, business registration with the BIR, and other tax tips for businesses in the Philippines. No wonder many of my close friends are telling me … [Read more...]

Blogging, Taxation BIR registration, business, tax blog, Tax Philippines, tax tips

List of Business Laws in the Philippines

June 1, 2013 Vic 6 Comments

Philippine laws

In every country there are business and commerce laws that every business owner and entrepreneur should be aware of. In the Philippines, there are also laws and regulations that govern businesses from registration, operation, up to termination. It is important that business … [Read more...]

Business, Philippine Laws business laws, Business Philippines, labor code, small business, tax code

Tax Tips for Small Businesses in the Philippines

May 16, 2013 Vic 9 Comments

Tax Tips Philippines

Unlike large companies and corporations, small companies and micro businesses may not afford to establish a tax and accounting department or hire accounting firms to do the tedious tasks of taxation, accounting and bookkeeping for their business. That is why they sometimes have … [Read more...]

Tax Tips BIR compliance, bookkeeping, Philippine Business, small business, Tax Philippines, taxation

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