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Showing posts from July, 2023

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.

How did you do it?

That's the question you get from the people around you.  That's when you first found a solution to a problem, discovered something useful for everyone, thought of new and more efficient process for work or business, overall. At work, regardless of what we do, this is every team member wants to do and in business wants their employees do. We don't always encounter such an experience.  This alone is already a problem. Even if they are working, someone with a good eye would easily spot it.  In every organization, one can easily detect a pattern. We, however, find that what we've learned and done would work anywhere and so we apply the same thing. We also find not long enough that this will become a problem, for employees to work long hours without any improvement at all and for business paying the price for not doing it right.  Then, again, you have to use a good eye to even see it. Who would not be happy when everyone is clocking for long hours, isn't that a hard work...