If you’re a business owner in the Philippines, it’s important to know how to compute your taxable income. Whether you’re a VAT-registered or non-VAT registered business, you’ll need to follow specific steps
How to Pay Your BIR Tax Online in the Philippines thru PayMaya You should compute your payment first before proceeding to pay. You can open accounts to some of the banks or applications here so that it’s more convenient. Please read carefully and follow the steps. [box]Other Articles you ...
The 13th month pay is a mandatory benefit provided by employers in the Philippines, equal to one-twelfth (1/12) of an employee’s total basic salary within a calendar year. It is typically given no later than December 24. 2.Who is entitled to receive the 13th month pay? All rank-and-...
For example, high coinsurance and high maximum out-of-pocket usually means a lower monthly premium and vice versa. Deductible Since, in a health insurance plan, the insurance provider does not pay for the entirety of your yearly medical costs, you have to pay a certain portion of these costs...
onshore outsourcing could involve a partner in the same or other state within the U.S. Nearshore outsourcing might be to countries such as Canada or Mexico. However, full offshore outsourcing could be to Asian countries like India or the Philippines; South American countries like Argentina or ...
and clear timelines. Since there is a roadmap with precise requirements and timelines, an outsourcing partner sets the standard rate in the fixed price (FP) model, which is usually charged monthly or annually. The downside of this model is that any changes to the project or additional requirem...
For example, high coinsurance and high maximum out-of-pocket usually means a lower monthly premium and vice versa. Deductible Since, in a health insurance plan, the insurance provider does not pay for the entirety of your yearly medical costs, you have to pay a certain portion of these costs...
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How much of monthly income is required to keep your debt payments up-to-date? Your debt payments, including interest, should not be eating up more than 20 percent of your monthly income. Can I avail of debt restructuring programs? Debt settlement is often taken lightly in the Philippines ...
For instance, data furnished by lenders or other entities is usually transmitted to the credit bureaus at regular intervals, such as monthly. This means that changes in an individual’s financial behavior, such as making a large credit card payment or taking out a new loan, may not immediately...