Posts tagged ‘income tax’

VAT or Non-VAT: Which One Should You Choose for Your Business?

Updated: January 9, 2019 | Business | No Comments

I’ve met a lot of entrepreneurs, and one of the least liked topics that we discuss is taxes. Many say it’s too complicated and can be time consuming. However, a basic understanding of taxes, could really go a long way in helping you save money, regardless if you’re a professional or a business owner. When […]

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4 Reasons Why Filing Taxes Can Benefit Your Life (For Freelancers, Licensed Professionals, and Entrepreneurs)

Updated: July 1, 2019 | Business, Freelancing, In Focus | No Comments

One of the most common questions people ask me is if it’s necessary for a starting freelancer or a newbie entrepreneur to file and pay taxes. The answer of course is yes, it is necessary and they should. It may seem common sense, but I understand where the question is coming from because I have […]

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Employees vs Professionals: Which One Pays More Taxes?

Updated: September 24, 2014 | Freelancing, Personal Finance | 22 Comments

I met with an accountant friend yesterday and one of the topics of our conversation was how much taxes employees and professionals pay in the Philippines. I listened intently to his explanation, and below is my best effort to share with you the surprising things I learned. — Meet Mr. Employee. He is a graphic […]

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