by GA Consulting | Sep 17, 2026 | Freelancer Blog
If you registered your freelance or VA business with the BIR before receiving your first payment, you may wonder if you still need to file a tax return. Yes. Registration with the BIR creates tax compliance responsibilities. Your filing requirement does not depend...
by GA Consulting | Sep 17, 2026 | Freelancer Blog
Will the ₱250K Tax-Free Income Become ₱350K? Many freelancers are asking whether the current ₱250,000 income tax exemption will increase to ₱350,000. The answer is: there is a proposal to increase it, but it is not yet the law. In July 2026, President Ferdinand Marcos...
by GA Consulting | Sep 17, 2026 | Freelancer Blog
Flooding can destroy important business records in just a few hours. For freelancers and small business owners, this may include receipts, invoices, books of accounts, and other tax documents. If you are planning to close your BIR registration after the flood, do not...
by GA Consulting | Sep 17, 2026 | Freelancer Blog
Closing Your BIR Registration: What If Some Books Are Blank? Closing a BIR registration can feel complicated when some books of accounts have no entries. This is common for freelancers who registered a business but had little or no activity. The good news is that...
by GA Consulting | Sep 17, 2026 | Freelancer Blog
Freelancer Living Abroad? How to Close Your BIR Registration From Overseas Moving abroad can change how you earn income and manage your taxes. But if you were previously registered as a freelancer or self-employed professional with the BIR, moving overseas does not...
by GA Consulting | Sep 17, 2026 | Freelancer Blog
The 8% income tax rate is an annual tax rate, not a separate 8% tax every quarter. However, freelancers who choose the 8% option still generally need to file quarterly income tax returns and an annual income tax return. Understanding this distinction is important....
