by Manila Bookkeepers | Sep 16, 2024 | Tax Compliance
Tax compliance in the Philippines is a complex process requiring accurate and up-to-date record-keeping. Foreign businesses can enjoy tax incentives, holidays, and exemptions for qualified activities. BIR (Bureau of Internal Revenue) registration and certification...
by Manila Bookkeepers | Jul 24, 2024 | Accounting Tips, Doing Business in the Philippines, Tax Compliance
Cybersecurity in digital tax filing has improved over the years. Learn more about the best practices when it comes to keeping your clients’ financial data secure. Digital tax payments provide taxpayers with a convenient option. Digitalization is one of the ways to...
by Manila Bookkeepers | Jul 3, 2024 | Tax Compliance, Doing Business in the Philippines
One of the benefits of digitalization is higher tax compliance. A high tax compliance benefits both governments because of higher revenues and companies because of possible benefits. Digitalization creates opportunities for countries to become competitive. Tax...
by Manila Bookkeepers | Jun 26, 2024 | Tax Compliance
The Bureau of Internal Revenue’s (BIR) plan from 2020 to 2030 aims to make tax filing easier for everyone by embracing digitalization. Before, tax filing in the Philippines primarily involved manual and paper-based processes but the BIR began transitioning...