Graduated Income Tax Rate with OSD vs 8% Income Tax Rate

If you are a business owner, one of the tasks you need to accomplish is filing your income tax return. The process of filing may seem tedious, especially to an…

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Learn More About BIR Form 2303 (Certificate of Registration)

If you are a business owner in the Philippines, you are always required to get a certificate of registration from the BIR or the Bureau of Internal Revenue. Whether or…

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Boosting Entrepreneurial Spirit: Pros No Biz Permit Fees

Are you a professional who is financially struggling to open up and operate your own office or clinic? There’s good news! The Department of Finance has a new important development…

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SSS Conducts Nationwide RACE for Contribution Compliance

The Social Security System (SSS) recently launched simultaneous Run After Contribution Evaders (RACE) operations in 108 locations across the Philippines. These operations aim to encourage non-compliant employers to report all…

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Learn the Specific Nuance of VAT and Income Tax

If you’re a businessman, it’s critical to understand the various taxes that the government can impose on your operations. Apart from an annual income tax, you could be remitting VAT.…

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Grow Your Business By Choosing a Good Accounting Firm

Small businesses make up the vast majority of currently operating private businesses. They are important because they contribute significantly to the creation of jobs in the country. However, since small…

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