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 to ensure compliance with the country’s tax laws. The steps below is as of...
How to compute your Annual Income Tax or ITR dues Before you begin, you’ll need to check whether you’re on the 8% Income Tax Rate or the Graduated Income Tax Rate. The easiest way to do this is to check your Certificate of Registration from the BIR. This will indicate which tax sc...
shifting the field of com- parison against which countries' positions on the index are calculated.2 Third, comparing results across years within a single edition of this report rather than across editions is consistent with the technical requirements of the normalization method used to compute the ...
healthcare, retirement plans, vacation time is about 33%. In other words, the salary is about two-thirds of the total compensation for an employee hired to do software development. Therefore, for an accurate comparison, you should compute the hourly cost of an...
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