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Filing your income tax returns? Check out Taxumo now: https://txmo.co/ready2adult 10% Discount Code: ready2adultph 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 | PHILIPPIN... 7 TYPES OF INCOME + TAXES ► ► ► • 7 TYPES OF INCOME | How Millionaires Earn... HOW TO REGISTER A BUSINESS PH ► ► ► • HOW TO REGISTER A BUSINESS IN THE PHILIPPI... ONLINE SIDE HUSTLES ► ► ► • BEST ONLINE SIDE HUSTLES IN THE PHILIPPINE... HOW TO START A BUSINESS ► ► ► • HOW TO START A BUSINESS for Beginners | ST... ►Ready2Adult Ph Instagram: / ready2adultph Instagram: / deleoncharmaine Facebook Page: / ready2adultph Facebook Group : / ready2adultph Email: [email protected] Subscribe : https://www.youtube.com/CharmdeLeon?s... ► Music Credit: DJ Quads Track Name: “IT’S NEAR” Music by: Dj Quads @ / aka-dj-quads Official YouTube Channel HERE: / channel 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 Taxes in the philippines, Filing taxes in the ph, BIR philippines, individual taxpayer ph, taxes for freelancers ph, taxes for content creators ph, taxes for online business ph, Income tax ph, train law ph, philippine taxation, bureau of internal revenue, graduated tax table, 8% flat rate, taxation basics, itemized deduction, optimized standard deduction, OSD vs Itemized, how to compute tax ph, compute income tax ph, tax filing philippines, how to BIR, handle your taxes, Registering your business Ph, Charm de Leon, Ready2Adult Ph