Almira GeromoFeb 12, 20211 minA Guide to Filing Quarterly Percentage Tax (BIR Form 2551Q)Percentage Tax is a tax regulated in the Philippines imposed on individuals or businesses that engage in the sale, barter, exchange or...
Almira GeromoJan 27, 20212 minPenalties for Non-renewal or Late Business Permit Renewal Whether Sole Proprietor, Partnership, or Corporation, all business entities must renew their business permits according to the...
Joseph FallarJan 27, 20212 minTax Avoidance vs Tax EvasionMost people may confuse themselves that tax avoidance and tax evasion are similar to one another, but they have totally different...
Almira GeromoJan 26, 20213 minPenalties for Late Payment of Tax in the PhilippinesReference: https://medium.com/teemwurk-inc/faqs-on-tax-penalties-3d30a20aad65 The tax system of the Philippines is on a “pay as you file”...
Mary Joy DuqueJan 13, 20213 minOverview of Income Taxation in the PhilippinesThis post provides an overview of income taxation in the Philippines with the applicable graduate income tax rates under Section 21(A)(2)...
Carl Joshua DayritJan 13, 20215 minFiling and Paying BIR Income Taxes for Sole ProprietorsAfter successfully registering your business with the Bureau of Internal Revenue (BIR), you will be subject to quarterly and annual...
Carl Joshua DayritJan 13, 20213 minFiling and Paying Income Tax Returns for Individuals Using the Offline eBIRForms PackageThe Electronic Bureau of Internal Revenue Forms (eBIRForms) was developed primarily to provide taxpayers with an alternative mode of...
Dianne BallonJan 13, 20214 minDocuments Needed to be Filed or Renewed RegularlyBusiness Permits or Licenses, just like our own personal ID or license, are also required to be renewed. Regardless if your business is a...