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Making sense of taxes borne by the self-employed

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The Bureau of Internal Revenue AFP FILE PHOTO

Long before they landed a special mention in P-Noy’s State of the Nation Address (Sona) in 2011 as a sector registering average earnings ridiculously below the minimum wage, the self-employed have always been the apple of the Bureau of Internal Revenue (BIR)’s proverbial eye.

Posted: August 29th, 2014 in Headlines,Latest Business Stories | Read More »

Valenzuela lawmaker: Illicit trade raps not Congress’ concern

Valenzuela 2nd District Rep. Magtanggol Gunigundo: Mere hype and propaganda. Photo from  congress.gov.ph/

A lawmaker said allegations of illicit trade in the tobacco industry are mere hype and propaganda raised by some disgruntled industry players and should not be a concern of Congress or other government agency.

Posted: August 11th, 2014 in Latest Business Stories | Read More »

BIR expects tax stamps to plug revenue leaks

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The government is hopeful that the new tax stamps on cigarette packs, which authorities can check electronically, will help plug any remaining leaks in revenue collections.

Posted: August 2nd, 2014 in Headlines | Read More »

Biz Buzz: No post-fiasco firings at PLDT

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Having a bad week? Just think about the public relations team of Philippine Long Distance Telephone Co. after the “Last HOME Stand” charity event on Tuesday, when a series of activities between Gilas Pilipinas and a collection of NBA Stars was cancelled, angering fans who shelled out between P750 and P23,300 per ticket.

Posted: July 25th, 2014 in Columnists,Inquirer Columns | Read More »

Sandiganbayan employees walk out to protest higher taxes

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sandigan rally

Sandiganbayan employees on Thursday staged a walkout and denounced the government’s move to increase tax deductions of court employees.

Posted: July 10th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

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