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Authentic System Solutions streamlines processes and workflows

Discover how Authentic System Solutions can help streamline your construction business processes & workflows. Founded in 2013, Authentic System Solution is a Cebu-based Software Company with over 100 active clients nationwide and is compliant with BIR Computerized Accounting System (CAS) requirements.  “Our goal is to help our client’s process and workflows in-place based on the.....»»

Category: newsSource:  inquirerRelated NewsFeb 3rd, 2024

Al-ag proposes to repeal ordinance requiring delivery riders biz permits

Davao City Councilor Bernie Al-ag has proposed the repeal of an ordinance that requires delivery riders to obtain business permits. The ordinance in question, City Ordinance 0612-21 series of 2021, classified delivery riders as independent service contractors, mandating them to apply for business permits. However, a joint memorandum circular issued by various government agencies exempts individuals providing personal services, including delivery riders, from securing business permits. Al-ag emphasized that the city government must adhere to the guidelines set forth in the memorandum. While the proposed repeal is pending, Al-ag advised delivery riders to comply with the existing ordinance. He expressed confidence in the passage of the repeal, citing the solid basis provided by the joint memorandum. Despite a group of delivery riders seeking an audience with Davao City Mayor Sebastian Duterte on the matter, Al-ag's proposal was drafted in response to a separate petition. He clarified that the repeal is not about monetary collection but aligning with national law, which exempts delivery riders from obtaining business permits. Al-ag remains optimistic about the repeal's approval, pointing to the support provided by the joint memorandum as a strong foundation for his proposal......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Amnesty rules on criminal acts clarified

Rebels who committed crimes beyond Nov. 22, 2023 are not covered by the amnesty being given by the national government, National Amnesty Commission (NAC) commissioner Nasser Marohomsalic said yesterday......»»

Category: newsSource:  philstarRelated NewsMay 19th, 2024

Risk appetite

When the controversial Maharlika Investment Fund was proposed and debated in Congress, the point was made that Filipino taxpayers do not have extra funds to potentially lose in a sovereign investment fund. But the BBM administration was insistent......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

BIR delays 1 percent withholding tax on online sellers

The Bureau of Internal Revenue has deferred the imposition of the one percent withholding tax on online platform providers to mid-July instead of mid-April to allow adjustments among taxpayers......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

Hear ye, I will ease your burden, but when? (1st of 2 parts)

We often hear taxpayers (local and foreign alike) complain about how burdensome Philippine tax compliance is......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

BIR files case vs Ever Bilena over P1.6 billion tax liability

The Bureau of Internal Revenue has filed criminal charges against popular cosmetics brand Ever Bilena for allegedly failing to settle at least P1.6 billion in tax liability......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

BIR expands list of VAT-exempt medicines

The Bureau of Internal Revenue has issued an updated list of value-added tax or VAT-exempt medicines for diseases such as cancer, hypertension and diabetes......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

Feast of the Black Nazarene: Why it should be a national feast pending Vatican approval

For a country that is replete with festivals all-year round, no time is wasted for the big events to commence — and the first one for Year 2024, the Feast of the Black Nazarene, takes place on Tuesday, January 9......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

BIR eyes P325 billion from excise taxes

The Bureau of Internal Revenue targets to collect higher excise taxes of up to P325 billion this year as the government moves to improve the regulatory environment and address the still rampant illicit trade......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

BIR doubles down on vape industry

The Bureau of Internal Revenue is ramping up efforts to monitor the vape industry after scoring a major win in a P1.2-billion tax evasion case......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

DOF mulls mining tax tweaks for royalties, windfall profits

The Department of Finance is pushing for higher rates and fewer tiers in taxing the extractive sector, but the mining industry argued that the proposed structure would make the sector more uncompetitive......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

DepEd to push for additional benefits for teachers

he Department of Education will push for “additional benefits” for teachers before Congress, amid a pending bill filed by the Makabayan bloc seeking to increase teachers’ monthly salary to P50,000......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

Biden says Israel agrees to stop Gaza attacks for Ramadan as Hamas mulls draft truce proposal

The draft proposal, which would allow hospitals and bakeries in Gaza to be repaired and 500 aid trucks to enter the battered enclave every day, is the most serious attempt in weeks to end the conflict.....»»

Category: newsSource:  rapplerRelated NewsFeb 27th, 2024

Duterte mulls PI for Mindanao secession

After accusing President Marcos of being behind the people’s initiative signature campaign to change the Constitution, former president Rodrigo Duterte has put forward the idea of Mindanao seceding from the rest of the Philippines......»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

Charter Day bonus for Cebu City gov’t employees ‘still pending’

CEBU CITY, Philippines – The Charter Day bonus for Cebu City government employees is still subject to deliberation, meaning there is no definite final date yet as to when it will be given. Councilor Noel Wenceslao, chairman of the Committee on Budget and Finance, has confirmed that Supplemental Budget 1, which includes allocations for the.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

Hontiveros hopes for fair consideration of divorce bill in Senate

MANILA, Philippines — Sen. Risa Hontiveros expressed hope on Wednesday about the potential reintroduction of a divorce bill onto the Senate’s legislative agenda. In the House of Representatives, a bill on absolute divorce was brought for plenary consideration on Tuesday. The divorce bill in the Senate, however, remains pending for plenary discussion. “I had the.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

Truck driver with 6 rape cases caught

A truck driver wanted for six rape cases was arrested in Taguig City on Friday morning, the Southern Police District reported......»»

Category: newsSource:  philstarRelated NewsFeb 24th, 2024

DOTr mulls offers for EDSA busway

The Department of Transportation (DOTr) would have to choose whether to accept an unsolicited proposal or conduct an open bidding for the operations and maintenance of the EDSA busway......»»

Category: financeSource:  philstarRelated NewsMay 19th, 2024

Korea mulls $3 billion financing facility

The Korean government is looking at establishing a $3-billion funding facility for the Philippines to finance various projects......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024