After 6 years, the highly-praised Urban Roamer's taxation guide gets a needed and insightful update, with some tips on how to make taxes more bearable for the freelancing taxpayer.
Making Sense of The BIR’s E-Filing System
Consider this post a continuation of sorts of the entries I did recently on the BIR (Bureau of Internal Revenue) registration and taxation for (part-time) freelancers. To be specific, I’ll be tackling here about the e-filing system recently introduced by the BIR that has caused much confusion, frustration, and a lot of quite negative sentiments against the agency. (as if it has not been getting enough of those already, but that’s another story) It took me quite a while myself to finally understood how these things work, something I finally figured out quite recently. With that knowledge in mind, I’m happy to help you understand what it is all about.
The Urban Roamer’s Taxation Guide for (Part-Time) Freelancers
The previous entry here on the Urban Roamer which talked about the BIR Registration Guide for (Part-Time) Freelancers was a such a well-received post that it warms my heart to see and read messages of appreciation for coming up with the piece, having helped to fill in the pieces that have been blank for a long while. To that I say thank you that somehow I was able to be of help in some way. I appreciate them a lot. As comprehensive as the entry was, I have to admit it was not able to provide as much important details as possible about taxation for professionals, part-time ones especially. Thus the…
The Urban Roamer’s BIR Registration Guide for (Part-Time) Freelancers
Truth be told, I had no intention of getting myself registered as a freelancing “professional.” (if writers are considered as “professionals” which the BIR says they are) It’s not that I do not wish to cheat on taxes despite my apprehensions and frustrations with the way things are run in the government today. Rather, my non-intent is borne out of practical reasons. One of them being I am currently a full-time employee, so I’m already paying taxes through the withholding tax deducted from my payslip. The other one is the fact that my writing gig is a part-time thing at this point, (something I stress much often) not to mention…