The word TAX rhymes with fax, lax, and sax. They also sometimes rhyme with large, burdensome, painful, and necessary. Not really, but you get what we mean! So allow us to present to you….
The Top 5 Reasons Why You Should NOT Pay Taxes:
OK, we all know the subject of tax is not a laughing matter. When you decide to pay (or not to pay) taxes, it has serious implications on you and your freelancing business. That is why time and again, we at the FLIP and VA Bootcamp team have done our best to provide information and resources that can help Pinoy freelancers solve their tax problems.
Just to be crystal clear, we are encouraging every Filipino freelancer to pay taxes because:
1. It’s our legal obligation to do so.
2. It helps in the socio-economic development of the country.
3. It makes you eligible for loans and payment plans that usually require proof of a solid financial background
So if you are currently transitioning from a corporate job, now is the best time to discuss your tax questions. Lucky for you, we have this replay of the FLIP Chat & Chill LIVE session where we hope to shed light on some confusion you may have about taxes and government contributions. This is great for both experienced and new freelancers, especially if you’ll be doing your taxes for the first time this year.
Let’s chat and chill about “What You Need to Know About Taxes and Government Contributions (Now That You Are A Freelancer)”