Personal Income Tax
Personal Income Tax
4 months ago
mass.gov
MSN
0:47
MSN
Oct 10, 2022
MSN
🎥 5 Things You Should Know About the 8% Income Tax Rate! 🎥 🚀 Thinking of opting in for the 8% income tax rate? Here’s what you NEED to know! 1️⃣ You Must Be Eligible – Only self-employed individuals and professionals earning below ₱3M in gross sales/revenue can apply. 2️⃣ Deadline to Opt-In – You need to choose the 8% rate when filing your first quarter (1701Q) OR during registration (if you're a new taxpayer). No take-backs once you choose! 3️⃣ No Percentage Tax – If you opt for 8%, you no l
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