
Taxable and Non-Taxable Bonuses in the Philippines
With the upcoming holiday season, It is definitely the season to be jolly as we await our 13th month pay and other Christmas bonuses. But before we get excited about
With the upcoming holiday season, It is definitely the season to be jolly as we await our 13th month pay and other Christmas bonuses. But before we get excited about
On September 28, 2022, the Bureau of Internal Revenue (BIR) released the Memorandum Revenue Circular (RMC) 131-2022 notifying the Taxpayers with the release of new offline eBIRforms package version 7.9.3.
Passive income includes earnings from investments and other ventures that require minimal supervision or effort such as income generated from interests, dividends, royalties, and payments from rental property. While it’s
Pursuant to Republic Act (RA) No. 9999, also known as “Free Legal Assistance Act of 2010”, a practicing lawyer or professional partnerships rendering actual free legal services, as defined by
The government-imposed lockdowns and safety restrictions brought by the pandemic pushed businesses to accommodate a remote work setup. This helped reduce the COVID cases significantly by decongesting the public transportation
On August 22, 2022, the Bureau of Internal Revenue (BIR) issued a Revenue Memorandum Circular (RMC) No. 122-2022 informing the taxpayers about the launch of ORUS. In line with the
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