8% Income Tax Over 3M: Vital, Rare Relief

8% Income Tax Over 3M: Vital, Rare Relief

Many freelancers switch to independent contractor status for flexibility and better income.The 8% income tax option is popular because it is simple and predictable. But what happens when your income grows and may exceed ₱3,000,000?This question matters because...
Pay Tax in Installments? Vital, Rare Truth

Pay Tax in Installments? Vital, Rare Truth

Freelancers often face uneven cash flow. One good month does not always mean the next will be the same. That is why many ask: can I pay my annual income tax in installments instead of one big payment? This matters because proper planning can prevent penalties, stress,...