House Committee OKs House Bill Seeking to Exempt Employed Senior Citizens From Paying Income Tax The House Committee has finally approved the bill seeking to exempt the senior citizens from paying income taxes. Senior citizens or individuals aging 60 years old and above usually files retirement to enjoy the remaining years of their lives with […]
BIR Requires Online Sellers, Freelancers to Pay Tax, Register Business The Bureau of Internal Revenue (BIR) requires online sellers and freelancers to pay taxes and register as e-commerce boom amid pandemic. In its Revenue Memorandum Circular No. 60-2020, dated June 1, entrepreneurs using digital platforms for their business are now required to pay taxes. Those […]
Senator Nancy Binay Introduces Bill Seeking To Exempt Teachers From Income Tax Senator Nancy Binay has introduced a bill seeking to exempt the teachers serving as members of the electoral board during poll exercises from income tax. Binay pushes a bill aiming for tax-free pay for teachers supervising both national and local election exercises. The Lady […]
