BIR Computations: TRAIN Tax for Self-Employed and Professionals
If you are a professional or self-employed individual receiving income purely from self-employment or your practice of profession, here are the updated BIR rules as … Read More
If you are a professional or self-employed individual receiving income purely from self-employment or your practice of profession, here are the updated BIR rules as … Read More
Here’s everything you need to know about the new Estate Taxes under the approved Philippine TRAIN tax reform law. The Bureau of Internal Revenue (BIR) has … Read More
Computing for Donor’s Tax is now simply 6% under TRAIN, but do you know everything there is to know when computing for this tax? The … Read More
Do you want to know how much your new take-home pay is under the approved TRAIN tax reform law of the Philippines? We provide below … Read More
The newly approved TRAIN tax reform law also adjusted the tax rates on certain passive income, in addition to revised personal income tax rates and … Read More
Here is a sample computation showing the applicable tax rules for Minimum Wage Earners (MWE), as reiterated in BIR Revenue Regulations 8-2018. Tax Rules for … Read More
What are VATable and VAT-exempt items under the recently approved Tax Reform for Acceleration and Inclusion or TRAIN Law implemented starting 2018? To recap, the TRAIN tax … Read More
The Bureau of Internal Revenue (BIR) has released the implementing guidelines related to the revised Excise Taxes to be charged on cars and automobiles starting … Read More