Tax Incentives For Electric Vehicle Owners: Maximizing Savings

Switching to electric vehicles (EVs) is more than just a trend—it’s a power step towards a greener future.  Thanks to recent expansions in EV incentives in the Philippines, owning an EV is now more affordable than ever, with tariffs on EVs reduced to 0% until 2028. These tax incentives make it easier to reduce the […]

What are the Requirements for Business Permit Renewal in the Philippines?

A business permit is a vital license that allows companies to operate legally in the Philippines. Without it, businesses are considered illegal and can face significant penalties, including a 25% surcharge on unpaid taxes and fees, plus a 2% monthly interest on any unsettled amounts.  However, navigating the business renewal process can be complex, especially […]

Digital Tax in the Philippines: A Beginner’s Guide to House Bill 4122

As it goes, digital is the way of the future. The Philippine digital market experienced a boom once everything went online. According to AlphaBeta, a Singaporean economic consultancy firm, the Philippines can potentially generate up to PHP 5 trillion in economic value through digital transformation by 2030. This massive potential underscores the importance of robust […]

Quick and Simple Steps to Get Your Barangay Clearance

Securing a barangay clearance is crucial in the Philippines for various transactions, including job applications, business permits, and government-related processes. Without it, navigating these tasks can be more challenging and may cause delays. However, despite its importance, many people are still unsure about how to begin the process. In this post, we’ll guide you through […]