PTA Image

Philippine Tax Academy To Be Launched By The DOF

The Philippine Tax Academy (PTA) will be launched by the Department of Finance (DOF) this week. The PTA initially aims to cater to local treasurers as well as newly hired employees of the fiscal authorities of the country. A five-day...
Tax

Newly Submitted TRAIN Law 2 Will Focus More On Businesses

After targeting the working sectors in the first Tax Reform for Acceleration and Inclusion (TRAIN), CNN Philippines reports that Duterte will target businesses in the second package. Finance Secretary Sonny Dominguez said on Tuesday that the same with the first...
Invoice Image

How Computerized Invoicing Can Help Your Small Business

With the tax season fast approaching, one could imagine the sleepless nights small business owners are into if all the invoices and documents are manually filed. Avoid needless stress by using technology to your advantage. Making sure that your invoices...
soda

Higher Taxes On Sweetened Drinks Could Lead To Labor Retrenchment

The ways and means committee of the Lower House has approved on Tuesday the bill seeking to impose P10 excise tax on sweetened drinks. HB 3365 bill was authored by Nueva Ecija Representative Estrelita Suansing and was strongly opposed by beverage manufacturers....
income tax

Lower Taxes Pushed By Congress

We recall that in September, President Aquino objected against the proposal to reduce income tax rates. The bill already in Congress calculates for P30-billion revenue losses in government collections and Aquino has not been convinced that reducing taxes would bring...