A list of important things you need to know about Percentage Tax Percentage Tax is a business tax regulated in our country Taxpayers who are Non-VAT with annual revenues less than PHP 3M Filing of 2551Q is on or before the 25th day after the last quarter Failure to pay BIR form 2551Q, individual will…
Know the difference between VAT and Non-VAT and the forms that you might need to be tax compliant. The definition of Value-Added Tax and Percentage Tax. A list of things you need to know as a taxpayer if you are VAT or Non-VAT registered. A list of possible forms you need to submit. According to…
In the Philippines, Tax compliance is one of the most tedious things to handle as a business. The better way of doing tax compliance is through automation. While a lot of young developers are on their way to create such products, JuanTax has been leading the Tax Technology industry in the Philippines since 2017. Automating…
A day filled with milestones and successes of the agency with taxpayers at the core of the progress. (Left to right) Deputy Commissioner Celia King, JuanTax CEO Marvin Galang, Finance Secretary Carlos Dominguez III, BIR Commissioner Caesar Dulay, Deputy Commissioner Arnel Guballa and Deputy Commissioner Marissa Cabreros. Philippine International Convention Center, Feb 18 – the…
Minimize Cost in Accomplishing Your Payment Form 0605 for BIR Annual Registration As the year ends, accountants are wrapping up their tax compliance for 2019 while gearing up for 2020. And this means taking care of the annual BIR registration fee of 500 PHP using BIR’s Payment Form 0605. This is a yearly renewal requirement…
Digital tax filing and payment are intended to make tax compliance easier. The online tax payment also allows for fast-tracked payment of taxes to the BIR. Payment confirmation is a vital part of validating that your tax forms were successfully filed to the BIR and your tax dues were duly paid. The Payment Confirmation email…
These tools are exactly what you need for your accounting kit Whether you’re a Certified Public Accountant, an accounting student, or managing finances for a small business, you’re gonna need the right tools to get started when it comes to tax filing, payroll management, and more. There are dozens of online accounting tools you can…
