BIR Taxation and TRAIN Law Archives » Pinoy Money Talk

UPDATED: Income Tax Tables in the Philippines and TRAIN Sample Computations

James Ryan Jonas — Sun, 17 Sep 2023 06:31:42 +0000

What are the new income tax rates under the TRAIN or Tax Reform for Acceleration and Inclusion law? How will TRAIN affect the preparation of Income ... Read More

The post UPDATED: Income Tax Tables in the Philippines and TRAIN Sample Computations appeared first on Pinoy Money Talk.

Online Sellers & YouTubers: Required to Pay Taxes to BIR?

Pinoy Money Talk — Sat, 27 Jun 2020 03:36:33 +0000

Do you currently make money online? If you’re selling any product via online shopping websites such as Lazada, Shopee, or Amazon or earning money from ... Read More

The post Online Sellers & YouTubers: Required to Pay Taxes to BIR? appeared first on Pinoy Money Talk.

10 TRAIN Tax Reform Items that You Probably Didn’t Know

Pinoy Money Talk — Thu, 07 Feb 2019 00:30:28 +0000

Did you know that there are other provisions in the approved TRAIN tax reform aside from the reduced personal income tax rates, new sugar tax, ... Read More

The post 10 TRAIN Tax Reform Items that You Probably Didn’t Know appeared first on Pinoy Money Talk.

What’s in the approved TRAIN Tax Reform Law of the Philippines?

Pinoy Money Talk — Wed, 06 Feb 2019 16:05:59 +0000

What taxes are included in the new Philippine tax reform program, also known as TRAIN? We summarize below a list of revised and brand-new taxes ... Read More

The post What’s in the approved TRAIN Tax Reform Law of the Philippines? appeared first on Pinoy Money Talk.

How to Compute: 8% BIR Income Tax Rate for Self-Employed and Professionals

Pinoy Money Talk — Wed, 06 Feb 2019 08:42:09 +0000

The Philippine Bureau of Internal Revenue (BIR) released last May 2018 a new Revenue Memorandum Order (RMO) covering the availment of the 8% income tax ... Read More

The post How to Compute: 8% BIR Income Tax Rate for Self-Employed and Professionals appeared first on Pinoy Money Talk.

How to Avail of 8% Tax Rate (for Self-Employed & Professionals)

Pinoy Money Talk — Wed, 06 Feb 2019 05:41:00 +0000

Wondering if you’re eligible to avail of the 8% income tax rate for self-employed and professionals under the TRAIN tax law? Wonder no more since ... Read More

The post How to Avail of 8% Tax Rate (for Self-Employed & Professionals) appeared first on Pinoy Money Talk.

Mixed Income Earners – Sample Tax Computations under TRAIN

Pinoy Money Talk — Wed, 06 Feb 2019 02:05:36 +0000

Are you a mixed income earner? Do you receive income simultaneously from compensation or from self-employment or business or practice of profession? If yes, then ... Read More

The post Mixed Income Earners – Sample Tax Computations under TRAIN appeared first on Pinoy Money Talk.

New BIR Withholding Tax Rules for Professionals and Self-Employed

Pinoy Money Talk — Tue, 05 Feb 2019 21:02:06 +0000

How much is the new withholding tax rate on incomes of self-employed and professionals and how to compute the income tax that they are supposed ... Read More

The post New BIR Withholding Tax Rules for Professionals and Self-Employed appeared first on Pinoy Money Talk.

How to Use: BIR Withholding Tax Table under TRAIN

Pinoy Money Talk — Tue, 05 Feb 2019 19:06:54 +0000

The Bureau of Internal Revenue (BIR) has released the implementing guidelines related to Withholding Taxes on Compensation Income, as mandated in the TRAIN bill signed ... Read More

The post How to Use: BIR Withholding Tax Table under TRAIN appeared first on Pinoy Money Talk.

BIR Computations: TRAIN Tax for Self-Employed and Professionals

Pinoy Money Talk — Tue, 05 Feb 2019 19:00:11 +0000

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

The post BIR Computations: TRAIN Tax for Self-Employed and Professionals appeared first on Pinoy Money Talk.