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Philippine tax for digital services

Soon we will be paying more for digital services, even internet identifier like domain names can be included, and that's a definitive VAT. In PH it's equivalent to 12%. Although, we still have to see invoice for domain names registration and renewal fees being added with VAT. You should be getting reminders from your local and international service providers to key-in your tax details, if you haven't yet done so. We must say, this is especially for those who had to directly acquire digital services with the source and not through local resellers. If you've been dealing with local resellers, your digital services may probably have been subjected with, and had added, VAT included in your payment ever since. You should be, but you have to check it.  For online local retailers, you may have been VAT registered and paying your taxes with or without that digital tax. Don't take this as an advice and ascertain it with your accountant to be sure.
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8Ps preview

We've seen varying and elaborate ways to accomplish uncommon artifacts and rock solid business systems but still we had to create our own. For a simple reason, methodologies are not always full-clad, and practitioners concur on and adjust them, subsequently, overcoming problems and be able to pull through on agreements and goals. That's why we had to establish our own basic prerequisite for whatever job we should be in --
  • Purpose (Initiative, beginning of master plan) - does it solve issues for or augment the business?
  • People (Strategy and requiring correct Specifications) - who can deal with such assignment? Humans make everything and miss a lot!
  • Product (Architecture and Technology) - do we need it and how do we use it? However and whatsoever they are must not influence the major portion of the decision.
  • Policy (Practices, Standard, Rules, Regulations and Laws) - we need comprehensive and panoptic guidelines.
  • Process (Action guided by the purpose) - make sure we are consistent.
  • Procurement (Acquisition, reinforced by our AIM business lifecycle) - it must be competitive not corrupted. Where do you put major software development efforts? Pick one of the following facets: acquisition, implementation or management?
  • Period (Time) - know it and save energy. Would you be able to calculate when may the complete delivery happen from the beginning? See purpose.
  • Produce (finished or set Goal achieved) - is it successful? If it really resolves the issue and augments the business. It satisfies the wants and everyone.
We need assurance that we will be able to commit and deliver on our accords. We find these 8Ps to be a good start in IT and contiguous facilities related work. It can be used to complement industry best practices, standards and regulatory compliance. They make matters explicit and kindred with each other. Failure to determine important components from the beginning will prolong engagement (that is considered wasteful for proponent companies themselves). Benefits and value must be realized from all phases of a particularly huge effort and concurrently acknowledged by parties involved.

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