Tag: BIR

As we kick off the new year, it’s time to get a grip on the latest update in finances – the 2024 BIR Income Tax Table in the Philippines. Whether you’re an individual or a freelancer, these updates can make a real difference in how much you pay in taxes.

Let’s dive into the 2024 BIR Income Tax Table and understand what it means for you and your money.

BIR Income Tax Table 2024

Source: BIR

Another year, another tax season.

Taxpayers will start seeing additional personal income tax reductions on January 1st, 2023, thanks to the implementation of Republic Act 10963, also known as the Tax Reform for Acceleration and Inclusion (TRAIN) law.

Here’s the new Personal Income Tax Rates for 2023.

Source: BIR