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