What You Should Know About PWD Discount?
PWD person is entitled to a 5% special discount on the retail price of the necessities and prime commodities.
Discussions
On this category you will learn many tips, discussions regarding on how to reduce tax legally, money matters and other discussions that would help you to fully understand the Philippine Tax System.
Invasive Cosmetic Surgery Tax Train Law
Things You Should Know about the invasive cosmetic surgery in the Philippines. You will learn what is invasive, what tax rate, who is liable to pay taxes and how to remit or file the excise tax on invasive cosmetic surgery procedures.
Reduction of Life Insurance and other Tax Updates
Latest tax updates on the reduction of life insurance, creditable withholding tax on top withholding agents, VAT Exempt for Sale of Drugs for Diabetes, High-Cholesterol, and Hypertension, Input Tax for VAT Exempt Drugs and rulings on estate tax filing.
What is the Effect of Train Law on the Philippine Tax?
This article will summarize the effect of train law on our Philippine Taxes. Train law has a great impact on personal income tax, value-added tax, donor’s tax, documentary stamp tax (DST) and, on excise taxes. It gives a detailed discussion on the mentioned taxes.
How to Start Sari sari Store in the Philippines?
Is sari-sari store in the Philippines subject to tax? Is there any way to exempt sari-sari store from business taxes and individual tax? Read this article to know how to register your business in the Bureau of Internal Revenue. You will learn also how to reduce taxes from your sari-sari store.
Approved Train Law of the New Philippine Tax Reform 2020
Here are the lists of 13 approved tax reform in 2018 under the RA 10963 signed by the President of the Republic of the Philippines and implemented on the 1st day of January 2018. This update includes the new income tax rates, documentary stamp tax, donor’s tax rate, estate tax, excise taxes, fringe and de minimis benefits and other approved train tax law reform.
Must Read: COVID19 Tax Exemptions Update
To combat the spread of this COVID-19, the government issued Republic Act No. 11469 known as “Bayanihan to Heal as One Act”
9 Amazing Tax-Free Countries Everyone Should Envy
9 tax free countries around the world. Learn how and what countries that are top 9 listed. Read more to find out.
How to Reduce Your Philippine Tax in 2020
In the Philippines, taxpayers are required to pay a certain percentage of their income to the government as taxes. This can be quite a burden, especially if your income is low. However, there are ways you can reduce your tax bill in 2020. In this blog post, we will discuss some tips on how to do that. Keep reading to learn more!
5 Countries with the Highest Income Tax Rates-Read before you Migrate
Do you live in a place where the personal income tax rate is high? Check these countries with highest personal income tax rates around the world.
BIR Updates 2020: Everyone Must Know
Four train law updates 2020. Updates on application on registrations, REIT act of 2009, New Central Bank Act (RA 7653) and etc you must know.