Comments on: How to Compute Annual Income Tax for Self-employed Taxpayers in the Philippines http://businessaccent.com/2009/04/08/how-to-compute-annual-income-tax-for-self-employed-taxpayers-in-the-philippines/ Find articles, tips, stories and free resources on business, management, ethics, accounting, marketing, and online money profit making success. Sat, 19 Feb 2011 19:48:48 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Business Tips Philippines http://businessaccent.com/2009/04/08/how-to-compute-annual-income-tax-for-self-employed-taxpayers-in-the-philippines/comment-page-1/#comment-3667 Business Tips Philippines Sat, 19 Feb 2011 19:34:58 +0000 http://businessaccent.com/?p=533#comment-3667 Hi Hajile, You are considered an individual who earns mixed income - earning from compensation and earning from business or practice of profession. In that case, you may registered as a self-employed individual and obtain a certificate of registration from the BIR (BIR form 2303). Thus, you may be subjected to monthly percentage tax or VAT (if your gross receipts exceeds 1.5M a year). Hi Hajile,

You are considered an individual who earns mixed income – earning from compensation and earning from business or practice of profession. In that case, you may registered as a self-employed individual and obtain a certificate of registration from the BIR (BIR form 2303). Thus, you may be subjected to monthly percentage tax or VAT (if your gross receipts exceeds 1.5M a year).

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