Local Tax: Renewal vs. New Registration
Another issue that always crop up during this period of business registration with LGUs is the difference in the amount of local tax paid on an i-café’s first year of operation versus the amount assessed for payment in ... read more
The Predictive Income Level Of An I-Café
Were you surprised at the amount you have to pay your local government for your business tax? Is it a lot more than what you paid last year? Did they use your declared income as the tax base ... read more
Registering An I-Café As BMBE
BMBE stands for Barangay Micro Business Enterprise, an establishment being provided with incentives and benefits under Republic Act No. 9178 promulgated sometime in 2002. As defined under such law, BMBE refers to any business entity or enterprise engaged ... read more
What I-Café Owner Pays For Business Permit
This is the period, January 02 – 20 of each year, for renewing business permit with your local government unit (LGU), a city or a town. What actually are you paying for in order to get your permission ... read more
Taxes To Be Paid By I-Café Owners To BIR
After registering the business and getting an iowa tax id, an owner of a self-run i-café must file the following Forms and pay the corresponding taxes. I breakdown the information into periods (annual, quarterly and monthly) and indicated the deadlines ... read more
Part 1: Taking The Heat Off An I-Café
The heat I am referring to is the physical heat that increases the temperature inside an i-café, not the heat on the owner’s head caused by the raging price war, declining sales and increasing operating expenses which are ... read more
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