Category: Tax
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 …
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 …
Several certain products on the market such as sugar, gas and cars have now higher prices than the past year. This is due to the Excise Tax imposed on these products, an additional tax on top of the Value Added Tax (VAT). One time last January, we went …
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 …
When you received your salary last January 15 or 30, have you ever wondered why does it seems to be higher than your usual take-home pay? In case you are still unaware, you are one of the 99% of Filipino employees or workers who are benefiting the Philippine …
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 …