For tax calculation, the law specifies that a business must deduct from an actual expense and must follow the regulation. Normally, a...

Having an amount of profits, how we consider informing the Revenue and how much taxes we need to pay? The last couple months were a...

“Profit” is a financial gain from a business operation. It is also the best-known measure of success and stability in the business since...

Is our business cost higher than other entrepreneurs after registering the VAT as we have to pay VAT every time we purchase goods or...

From the previous articles, we already know what the criteria for tax registration are, whether our business is exempt from VAT, or...

What is Value-Added Tax? Value added tax or VAT is a type of tax under the Revenue code which is levied on consumption spending on goods...

After we have understood the general principle of withholding tax, in this article, we will be giving you more information about types of...

Withholding tax... The payer of the income is a person who has duty to withhold or deduct the tax from the income and such tax is to be...