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.
Our business can be franchised and is currently open for IT solutions and providers, Local vendors, Educational institutions, specifically their IT programs, and Independent consultants or any interested individuals who seem to find iclassed initiatives beneficial to its activities or entrepreneurial efforts. OVERVIEW From the youngest up to the oldest of human beings, hesitant, aware, knowledge worker, programmers or IT practitioners, tycoons and business magnates and government leaders, we all are undeniably enjoying how IT has become an important facility in our businesses and activities. IT means one or combinations of, and the capability for us to develop, integrate or readily use digital medium such as messaging, voice, social media, computers and smartphones, business applications, human-related virtual events including but not limited to technical-oriented broader business-IT domain and emerging technologies of AI, 3D, what say you. The primary purpose is to make li...