Month: February 2018

How to Compute 13th Month Pay in the Philippines

As an employee before, we tend to be more motivated and driven to excel when our works are recognized and especially when we receive benefits of any form. Moreover, its more exciting to work when our 13th month pay is about to be released. A 13th month pay …

How to Get TIN Number Online (BIR eRegistration System)

The BIR eRegistration System is an online service of the Bureau of Internal Revenue (BIR) in the Philippines that allows certain individuals to get a TIN number online. This online portal is meant to Professionals and Single Proprietors (business owners) who wants to apply for an Tax Identification …

How to Get TIN Number for Employees or Students and Unemployed

A Tax Identification Number or TIN is a unique combination of digits that is assigned to every taxpayer in the Philippines. It is being issued and used by the Bureau of Internal Revenue (BIR) for proper identification of taxpayers and tax-related documents/transactions. The most common reason why people …

How to Compute Income Tax Under TRAIN Law

With the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law, majority of workers or taxpayers in the Philippines are experiencing reduction of the individual income tax in their monthly salary. Even exempted from the income tax. Because of this, you may wonder how to compute your …

Income Tax Table 2018

Every taxpayer in the Philippines, especially the employees, should be updated with the Income Tax Table for 2018. It serves as the new basis for the computation of monthly income tax that should be withheld by the employers. The new income tax table is one of the changes …

BIR Business Registration – Requirements and Procedure

The Bureau of Internal Revenue (BIR) Business Registration is commonly the final step in acquiring documentary requirements for a business to legally start the operation in the Philippines. The primary purpose of BIR Registration is for the collection of business taxes. In this guide, you’ll learn the general requirements …

5 Legal Requirements in Starting a Business in the Philippines

In starting a business in the Philippines, an entrepreneur must first acquire the legal requirements from the government. These requirements or documents are mostly in the form of certificates, clearances or permits needed to make sure that the nature of desired business conforms with the laws, regulations and …