HOW TO FILE ITR for Freelancers, Content Creators, Small or Online Business | Philippine Tax 101

Filing your income tax returns?
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Taxes in the Philippines or taxes in general can be quite confusing and the majority of the content online are long articles of words we don’t understand. I made this introduction to taxes and types of taxes in the Philippines to help out individual taxpayers in particular--sole proprietors and licensed and non-licensed professionals. Online business owners, freelancers, agents, doctors, architects, teachers, etc can benefit from watching this video. More on Income tax in the next video.

Dealing with personal finances, especially since it’s not taught in school can be quite hard and confusing. I hope this video and this channel will help you out in the challenges we are facing right now with personal finance, entrepreneurship and adulting in general.

►Outline :
Introduction : 0:00
Start of Video : 0:19
What is Income Tax Return: 0:52
Who needs to file an ITR : 1:55
Who are Tax Exempt : 4:07
Terminologies : 4:58
Compare 8% vs Graduated : 6:24
Sample Computations : 9:12
Ways to File: 15:18
eBIR Forms vs Taxumo : 16:35
Sponsor: Taxumo : 20:17
Outro : 21:21

►Sources/Links
TRAIN LAW ► https://www.bir.gov.ph/images/bir_fil...
HOW TO FILE ITR ► https://www.moneymax.ph/personal-fina...
TAX FILING ► https://www.taxumo.com/tax-filing-phi...
VAT ► https://www.bir.gov.ph/index.php/tax-...
Income Tax ► https://www.bir.gov.ph/index.php/tax-...
8% vs Graduated ► https://www.taxumo.com/blog/tax-filin...

► Previous Videos :
BASICS OF PHILIPPINE TAXES ► ► ►    • THE BASICS OF PHILIPPINE TAXES | PHIL...  
7 TYPES OF INCOME + TAXES ► ► ►    • 7 TYPES OF INCOME  | How Millionaires...  
HOW TO REGISTER A BUSINESS PH ► ► ►    • HOW TO REGISTER A BUSINESS IN THE PHI...  
ONLINE SIDE HUSTLES ► ► ►    • BEST ONLINE SIDE HUSTLES IN THE PHILI...  
HOW TO START A BUSINESS ► ► ►    • HOW TO START A BUSINESS for Beginners...  

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► Music Credit: DJ Quads
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Disclaimer:
This video and description contains affiliate links where I may or may not receive a commission. This helps support the channel and allows me to continue to make videos such as this. I am not a financial advisor. Always do your due diligence.

KEYWORDS
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