Small Businesses are TRAIN Law Beneficiaries
In 2018, the Philippine tax reform bill known as the Tax Reform for Acceleration and Inclusion or TRAIN law was implemented. One of the main beneficiaries of the law are workers who earn an annual income of P250,000. Under the law, they will be exempted from paying income tax. Small businesses are also beneficiaries of […]
Bookkeeping for Beginners
New business owners have to learn how to manage their cash flow from day one. This will be achieved through bookkeeping. Bookkeeping is the day-to-day recording of transactions, categorizing them and reconciling bank statements. If you do not have the resources to hire someone to do this for you, you can learn to do it […]
