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About Tax Assist PH
Ideally, tax system rules should be as simple as they should be. The administrative expenses of collecting taxes would be minimized, and taxpayers would have an easier time understanding their obligations and complying with the law. However, in reality, the Philippine tax system remains complex and burdensome. In fact, the Philippines ranked 127 out of…
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Preparing Your Annual Income Tax Return for 2025: A Guide for Self‑Employed Individuals in the Philippines
For many Filipinos, especially those who are self‑employed, freelancers, or running small businesses, the start of a new year signals more than new opportunities—it marks the season to prepare the Annual Income Tax Return for 2025. Although taxes for the previous year may feel like a distant memory, preparing the return early in January 2026…
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Christmas Bonus Taxes in the Philippines: What Employees and Freelancers Need to Know
Every December, Filipinos look forward to two things: the holidays and the extra income that usually comes with them. Whether it’s a 13th-month pay, a performance bonus, or a holiday incentive, year-end earnings can feel like a reward for surviving another year of work. But with extra income comes a familiar question: Is my Christmas…
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How to Compute Withholding Tax: A Practical Guide for Filipino Freelancers
For many Filipino freelancers, the first encounter with taxes often arrives not through a BIR form, but through confusion.One day, a client pays you less than your invoice and casually explains, “We deducted withholding tax.” The next question is always the same: How does this work? And eventually: How does this affect my income tax…
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Why ITR Is Required for Visa: Gabay para sa Freelancers, Online Sellers, at Digital Entrepreneurs
Nakuha mo na ang dream freelance project sa ibang bansa, nare-rent mo na ang iyong unang Airbnb property, o nakapag-sign ng virtual assistant contract para sa international client — at biglang dumating ang oras ng visa requirements. Sa dami ng forms at dokumento, isang bagay ang agad na namumukod-tangi: ang Income Tax Return o ITR.…
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Why ITR Is Required for Visa: A Guide for Freelancers, Online Sellers, and Digital Entrepreneurs
You finally landed that freelance project abroad, rented your first Airbnb property, or signed a virtual assistant contract for an international client — and then comes the visa paperwork. Among the sea of documents and forms, one always stands out: the Income Tax Return, or ITR. Suddenly, the same paper you usually dread becomes a…
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Sino ang Kailangan Mag-file ng Income Tax Return (ITR) sa Pilipinas?
Kakakuha mo lang ng iyong unang overseas client bilang virtual assistant, busy na ang iyong Shopee store, o baka tuloy-tuloy ang bookings ng iyong Airbnb — masaya ang takbo ng buhay! Pero pagdating ng tax season, isa ang laging tanong: “Kailangan ko bang mag-file ng Income Tax Return (ITR)?” Kung kumikita ka — mula sa…
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Who Is Required to File an Income Tax Return (ITR) in the Philippines?
You’ve just landed your first overseas client as a virtual assistant, your Shopee store is getting busy, or maybe your Airbnb bookings are nonstop — life’s good! But then tax season comes around, and you find yourself asking: “Am I required to file an Income Tax Return (ITR)?” If you earn money — whether from…
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Taxes for Rental Property in the Philippines: What Landlords Need to Know
Investing in rental property is one of the most reliable ways to build wealth in the Philippines. Whether it’s a condo unit in the city, an apartment building, or a family home you’ve decided to lease, rental income provides a steady cash flow that can help you achieve financial stability. But here’s what many first-time…
