If you are looking for some guide and information in starting a business in the Philippines, you can find them here. Our blog has been publishing several tips, articles, and resources to guide your way to doing business and entrepreneurship in the country. … [Read more...]
Withholding Tax Tables in the Philippines
As we know it, employers are basically required to deduct and withhold tax from the compensation or salary they pay to their employees. When computing for the withholding tax on compensation income, the following methods are prescribed by the BIR Revenue Regulations No. … [Read more...]
BIR Annual Registration Fee Deadline
When is the deadline for paying our BIR annual registration fee? The BIR annual registration fee, using BIR Form 0605 (Payment Form) should be filed and paid upon registration of your new business and on or before January 31 of every year for renewals. In other words, the BIR … [Read more...]
How to Get Official Receipts and Invoices for Your Business
Official receipts and invoices are among the documents that make your business legal and compliant to tax laws. If you sell goods to customers or if you provide services to clients, chances are, they will ask you for official receipts. What if you don’t have official receipts or … [Read more...]
Different Kinds of Taxes in the Philippines
There are many different kinds of taxes in the Philippines. But we can group them into two basic types, namely, national taxes and local taxes. National taxes are those that we pay to the government through the Bureau of Internal Revenue. Our national taxation is based on the … [Read more...]
List of Taxes in the Philippines
We need to be aware of the taxation system in our country. If you’re a person engaged in business or someone who is practicing his or her profession, you should know the corresponding business and income taxes that may be imposed on your business or professional activities. If … [Read more...]
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