President Marcos unveiled a series of domestic reforms aimed at curbing corruption, improving fiscal fairness, and easing the cost of living — measures he said are necessary to strengthen the Philippines’ credibility as it prepares to assume the Association of Southeast Asian Nations (ASEAN)...
Makati City Mayor Nancy Binay on Tuesday, Aug. 19, signed an ordinance that will provide immediate tax relief to residents and businesses affected by severe flooding from July 21 to 25. City Ordinance No. 2025-A-001, enacted by the Sangguniang Panlungsod on Monday, Aug. 11, waives penalties,...
Proposals to ease the impact of rising living costs on Filipino workers include possible tax breaks and expanded employment opportunities, the Department of Labor and Employment (DOLE) said. DOLE Secretary Bienvenido Laguesma said that while wage adjustments are being reviewed by regional wage...
Underscoring the need for government to help small businesses, former senator Bam Aquino said on Saturday, March 15, that a tax relief must be given to micro, small, and medium enterprises (MSMEs). Independent senatorial candidate Bam Aquino speaks to some micro-entrepreneurs and workers...
Filipino freelance workers may soon enjoy tax relief and special assistance lanes at the Bureau of Internal Revenue (BIR) if a proposed bill recently passed by the House Committee on Ways and Means becomes law. (Photo from theremotehive.com) Albay 2nd District Rep. Joey Salceda, also the chair of...
The Quezon City Council approved three ordinances that will provide tax relief to city-based businesses affected by the COVID-19 pandemic, the local government announced on Wednesday, Dec. 29. The three measures were introduced by Councilor Franz Pumaren, Councilor Jun Ferrer, Councilor Eric Medina...
All private schools in Antipolo City are again exempted from paying taxes related to the renewal of their business permits with the city government. Mayor Andrea Bautista Ynares announced on Facebook that the local government is once again waving the fees, taxes, and charges on business permit...
The House of Representatives has responded positively to President Rodrigo Duterte’s appeal for the passage of a bill that would help ensure sufficient medical oxygen supply by exempting its importation from taxes. Oxygen tanks Albay Rep. Joey Sarte Salceda (2nd district, Albay) filed on...
The country’s economic managers would still set the percentage rate of the tax relief that will be given to the manufacturers of medical-grade oxygen, Presidential spokesperson Harry Roque said on Tuesday, August 10. RELATIVES of COVID-19 patients purchase medical grade oxygen in a pharmacy in...
Acknowledging the need to stock up more medical oxygen supplies in hospitals, President Duterte said he will talk to Congress about giving tax relief to manufacturers. President Rodrigo Duterte delivers his regular address to the nation on August 9, 2021. (Malacañang) During his prerecorded public...
