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News and Events

Entrepreneurs back government plans for tax reform

Trade group AFFI reiterates MSME needs for tax incentives, simplified systems

  While change has long been overdue on the government’s updating of the current tax scheme, small and medium businesses remain confident that the administration will make good in its promise to create and implement a better tax program that can attract more ...

by Entrepreneur Staff  | September 23, 2016 05:00:00
Business Ideas

Your year-long tax list

Better safe than sorry.

To avoid the mad rush leading up to April 15, here is a year-long laundry list:- If you are filing as an individual taxpayer (that is, your business is a single proprietorship),remember that your first quarter income tax for 2013 is also ...

by Jimbo Owen B. Gulle  | August 06, 2012 04:00:00
Startup Tips

Are all small businesses required to submit financial statements?

Learn more about keeping and submitting your books of accounts.

Q: What are the requirements for a financial statement to be audited? Are small businesses also required to submit a financial statement? And are all CPAs authorized to sign a financial statement?   A: If your business generates an average of at least ...

May 18, 2012 05:00:00
Startup Tips

Tax 101

Taxes are among the most complicated things an entrepreneur has to deal with.

Taxes are among the most complicated things an entrepreneur has to deal with. With various types of taxes and a myriad of forms to fill navigating the tax system can be a Herculean task. Due to their perceived complexity the filing and ...

March 09, 2012 10:00:00
Business Ideas

How to file your income taxes

Preparation is the key.

They say that there are two things man cannot avoid death and taxes. This expression sums up the usual attitudes of entrepreneurs towads the topic of taxation. The filing of taxes can be very complicated with different forms to fill out and ...

by Kendrick Go  | March 08, 2012 01:00:00
Startup Tips

Perks for you

Incentives extended by government agencies BOI and PEZA are not just for foreign investors, they are also for Filipino entrepreneurs

When either the Board of Investments (BOI) or the Philippine Economic Zone Authority (PEZA) is mentioned, people usually think of it as an agency that serves only foreign nationals. After all, the laws creating each of these agencies were enacted primarily to ...

March 10, 2009 12:00:00