3 Major Tax Provisions of ‘Bayanihan 2’ That Every Business Owner Should Know
The rising cases of COVID 19 patients in the country call for more drastic measures. The outbreak created global chaos, which affected the health and economic sectors of the country. To mitigate the effects of COVID 19, the government passed into law, Republic Act (R.A.)…
Small Businesses are TRAIN Law Beneficiaries
In 2018, the Philippine tax reform bill known as the Tax Reform for Acceleration and Inclusion or TRAIN law was implemented. One of the main beneficiaries of the law are workers who earn an annual income of P250,000. Under the law, they will be exempted…
Ten Year-End Tax Considerations for Entrepreneurs
As the year comes to a close and as everyone becomes busy with Christmas shopping, now is a good time to revisit the top ten tax-related considerations before you close the books of the calendar year. After all, sweating them now will give you (or…
How to Compute for Salaries, Wages and Benefits Part 1
If you already have experienced working in a certain company or are presently working in one for more than a month, then you already know what a basic payslip is, which is equivalent to every worker’s bi-monthly wage. If you have not, then this computation…
