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.
Some friends, colleagues and few customers have been asking us to do this for not so long a time now. Finally, we have come to our senses or shall we say we have found a good enough time to do it.
Technologist weekly (tw) will be a lot shorter than our devices-and-articles and try to cover, by providing you the compendium and assortment of the significant developments in technology.
Our first post can be expected coming Monday and every Monday thereafter for the succeeding posts. Thank you.
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