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...]
What is the Best Business to Start?
What is the best business to start? The best business to start is one that will not require you to start all over again. It is the business that you can stand for and continue no matter what hardships you will face until you achieve ultimate success. Thus, the business you … [Read more...]
How to Register Your Business with the BIR Philippines
How to register your business with the Bureau of Internal Revenue (BIR) in the Philippines? After securing a certificate of registration from the Department of Trade Industry (DTI) for single proprietorship, Securities and Exchange Commission (SEC) for partnership and … [Read more...]