tag:blogger.com,1999:blog-60582903958376812862024-03-13T11:37:24.104+08:00Cubicled Playgroundmy two cents in the corporate cubicleUnknownnoreply@blogger.comBlogger80125tag:blogger.com,1999:blog-6058290395837681286.post-31591354948389972962008-07-16T17:44:00.005+08:002008-07-17T10:10:54.525+08:00THE ELECTRONIC FILING AND PAYMENT SYSTEM (EFPS) OF THE BUREAU OF INTERNAL REVENUEThe Bureau of Internal Revenue has further expanded the coverage of corporations required to file and pay taxes through the Electronic Filing and Payment System (EFPS) as per Revenue Regulations 10-2007. Revenue Regulations 10-2007 enumerates the following criteria for a corporation to be covered in EFPS:Corporations with paid-up capital stock of Ten Million Pesos (Php.10,000,000) and above;Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-21221382490265477742008-07-11T08:56:00.003+08:002008-07-11T09:58:32.083+08:00IS INCOME FROM BLOGGING TAXABLE?Is income from blogging taxable? My answer is Yes. Though there have been no concrete BIR regulation to address this question or at least I may have not found one, the basis of my opinion is Chapter 3, Section 23 of the National Internal Revenue Code which states that "A citizen of the Philippines residing therein is taxable on all income derived from sources within and without the Philippines".Unknownnoreply@blogger.com4tag:blogger.com,1999:blog-6058290395837681286.post-585415289962713832008-07-08T14:30:00.004+08:002008-07-08T15:22:39.868+08:00BUSINESS PERMIT SYSTEM GUIDEBOOK FOR CENTRAL VISAYASI have discussed about the project in its pilot roll-out in my post "Business will soon be as easy as ABC". After barely a year of pilot run, it is now going to be implemented region wide in Central Visayas. The goal being, to limit the number of bureaucracy and red-tape in acquiring and processing business permits.A Business Permit and Licensing System (BPLS) guidebook will be launched on JulyUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-65804427472897628762008-07-04T10:43:00.005+08:002008-08-23T22:24:47.748+08:00My Opinion on RA 9504 (The Republic Act ammending the National Internal Revenue Code Relative to the Withholding of Income Tax on Compensation)I am quite interested on the forthcoming BIR's approved Revenue Regulation on RA 9504 , otherwise known as The Republic Act amending the National Internal Revenue Code Relative to the Withholding of Income Tax on Compensation. On July 1, the Bureau of Internal Revenue conducted a public hearing relative to the published revenue regulations draft in its national office. As I have previously Unknownnoreply@blogger.com3tag:blogger.com,1999:blog-6058290395837681286.post-4259207064076917912008-06-13T10:25:00.003+08:002008-06-13T10:29:52.749+08:00New Schedule of Submission of Philhealth Remittance Reports (RF-1)Beginning 3rd Quarter of 2008, the submission of the revised remittance reports (RF-1) of the Philippine Health Insurance Corporation shall be on on or before the 15th after the applicable month. The old schedule of submission of remittance reports will be followed only until the 2nd Quarter of 2008 which covers the remittance months of April - June 2008. Based on the old schedule, the deadlineUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-72021445297611477142008-05-29T17:29:00.001+08:002008-05-29T17:31:11.130+08:00INCREASED TAX EXEMPTIONS FOR INDIVIDUAL TAXPAYERSBoth houses for Philippine Congress are now about to hold it's joint committee deliberations to put into law an increased personal and allowable deductions for individual taxpayers. Currently, a single taxpayer enjoys Php.20,000.00 deduction as a allowable deduction from his/her taxable income, for a head of the family individual is Php.25,000 and for a married individual Php.32,000. An Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-58164831627046479442008-05-15T16:48:00.001+08:002008-05-15T16:52:02.163+08:00WAGE INCREASE IN CEBU CITYI am a waged corporate warrior but a talk of a WAGE INCREASE gives me mixed emotions. Already, Metro Manila and in the CALABARZON region have been given Php.20.00 WAGE INCREASE and Region 10 have been granted a Php.12.00 increase on COLA (Cost of Living Allowance).Let me explain my concerns when an impending wage increase is in the horizon. I see the move as an ignition to all other increases Unknownnoreply@blogger.com3tag:blogger.com,1999:blog-6058290395837681286.post-4097749587913340882008-05-07T15:51:00.002+08:002008-05-07T16:41:50.449+08:00Making Financial Reports Turn to GoldYou cannot literally make a financial report turn to gold but you can make it be a tool for your company's gold rush. After the busy season for those in the Accounting Profession, May is then the time to hand-in those reports to external users.There are two major regulatory agencies which requires the submission of Financial Statements. The first would be the Bureau of Internal Revenue who Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-30473160762958934912008-05-05T11:49:00.001+08:002008-05-05T11:53:49.698+08:00Philippine TAX AMNESTY Deadline TodayThe deadline for the Philippines' Bureau of Internal Revenue's Tax Amnesty Program, otherwise known as R.A. 9480 or the Tax Amnesty Act of 2007, is today - May 5, 2008.The original deadline set by the Bureau was on March 6, 2008 but was later amended by the Department of Finance through Revenue Memorandum Circular 29-2008. The amnesty program covers internal revenue income taxes of taxable year Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-53268474819136977932008-05-04T16:16:00.000+08:002008-05-05T16:36:07.123+08:00I Follow Comments on Cebu iMaginationsI have enabled a "Do Follow Comment" on my Cebu iMaginations site. This would be my way of thanking my visitors who dropped a comment on any entry on my posts by linking them back through a "Do Follow Comment" Plug-in.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-38178398001469824962008-05-03T16:29:00.003+08:002008-05-03T16:39:45.682+08:00Cubicled Playground is back on BusinessOkay, okay. I thought I wouldn't be going back to blogging on my Cubicled Playground but had open this again. For reasons my dear friends will soon discover and I may not need to say it.So there we go, Cubicled Playground is back online with a new look, hopefully a new feel and a logo to add on. So welcome back again, friends to my Cubicled Playground!Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-6058290395837681286.post-81553019902389416372008-04-04T14:52:00.005+08:002008-05-03T15:58:42.327+08:00Transferred to Cebu iMaginationsUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-65439381682232109532008-03-07T15:08:00.001+08:002008-03-07T15:13:53.909+08:00Money in the NetIt's amazing how the word "money" is being searched in the internet. That probably is why a lot of blogs talk about money-making.My entries in keywording Show Me the Money in Cebu is steadily making it's way on the top rankings and Making Cows Turn to Cash is on top of the SEO too. This just shows that not only are we looking for money and opportunities of money the traditional way but also on Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-83217339873950772842008-03-04T18:45:00.000+08:002008-03-04T18:46:02.988+08:00Debts, Death and TaxesToday’s issue of the Philippine Daily Inquirer published a column with the heading “Delay in corporate income tax cut looms; Congressmen want relief for individuals instead”. This news, as for me in the corporate taxation field, could only shake my head in disappointment. With all the mounting rise in costs of business, the reprieve that a lowered corporate tax would have meant the much needed Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-6058290395837681286.post-32971326734026618302008-03-04T10:34:00.000+08:002008-03-04T10:56:53.251+08:00Moving from the World to CebuI have all been a Cebuano all my life. All things being equal, there would be nothing like the Queen City of the South, I know the place like the palm of my hands. But I have never been a Cebu-based Cebuano all the time. I have spent around 5 years in Lilo-an, Southern Leyte but still with the summer vacations spent in Cebu.I was born in Cebu City. All the way from conception up to the Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-23970169413884866642008-03-03T22:02:00.000+08:002008-03-03T22:04:22.644+08:00Updates from Cebu City MapEven amidst calls for a president’s resignation, Cebu City Map has stood firm on its thrust to be always mean business for its inhabitants. The weekend, more specifically Friday, Cebuanos saw one of the more attended public gathering relating to the Philippine’s current events. It did caused quite a headache for motorists like yours truly but all taken into consideration, it was business as Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-72057287231926504782008-03-03T11:28:00.003+08:002008-03-06T17:10:33.908+08:00Getting Ahead of the RaceWhen I was young, one of the favorite activities during sundays was groceries shopping with my mother. It was not because I would be able to choose more junk foods than my younger siblings who were more often left at home as junk foods would be for the family not only intended for one. It was the goodies being offered for free by either promo girls or mascots.Being in the field of Business and Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-22654757942315662292008-03-01T09:28:00.003+08:002008-03-01T09:34:23.729+08:00Page Ranking to a Cebuano BloggerI have not heard nor have given attention to blogging until only mid-2007. A lot of things were cooking up then that I simply did not have time to look at other beautiful and exciting things free stuffs can offer. I started my Cebuano Blogging roughly 7 months ago and it was all a trial and error approach. I did not know what to blog about, as I only knew that it was tweaking some html codes in Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-6058290395837681286.post-228798215167790162008-02-29T22:47:00.000+08:002008-02-29T22:50:25.629+08:00Work SafetyIn whatever career a person chooses to invest his or her time on to, it is not only enough that such person has the right skills and exposure needed for the task at hand. Equally important is the person’s dedication to the chosen profession or vocation. These two ingredients, right skills and dedication, are need for a person to be successful at work.And because of this dedication that at timesUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-20728553684010087592008-02-29T21:13:00.001+08:002008-02-29T21:26:46.234+08:00Updating Cebu City DatesThis calls for great for a celebration. I just noticed that this humble cebuano blogger got PR 3. Pinch me if I'm dreaming, otherwise Yippee!Will this beautiful development mean better income opportunities? I don't know but sure do hope so. For more than a week of cubicled playground absence, simply meant that got a new to experiment, twist and tweak. My previous posts mentioned about a funnyUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-53690482407439663572008-02-20T22:53:00.004+08:002008-02-20T23:25:30.247+08:00Cebu City Blogging: A Stage HigherThis will be a quick one as I did not intend to post an entry. I'm bringing my blogging experiment to the next level! Nope, it will not be about improving my entries in terms of grammar or content. It will still be the same old mine-style blogging, and it will still be an add-on if visitors would continue reading my posts even if how terrible it may be. LOL! And I hope I get to share too some of Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-15748264569906339392008-02-19T13:25:00.001+08:002008-02-19T13:26:41.359+08:00Connecting to the Blogging CommunityIn today's age, the world have been closer by the day. Though not physically as it still takes the same "x" kilometers to travel from home to destination but reaching it have all been easier. Technology have given each one of us a wider range of means to reaching-out to people yet at the comfort and time we wish. With emails, online social networking, Voice Over IP, instant messaging, mobile Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-7622818755074770202008-02-15T11:14:00.000+08:002008-02-15T11:17:22.701+08:00TRANSACTING CEBU BUSINESS TO THE WORLDA great valentines day gift to all our OFWs and those who are planning to find better pastures outside of the country. Yesterday, VALENTINES DAY, the Philippine Overseas Employment Authority suspended the implementation of the new rule on direct hiring of Filipinos by Foreign Companies based outside the country. I posted an entry with regards to this new POEA rule here. This is great news as Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-5079887898185207842008-02-13T22:27:00.000+08:002008-02-14T10:29:34.619+08:00Spending TimeSo today is valentines day. Now what? There are actually quite a lot of things that people do to celebrate valentines day. Most of whom celebrate it by having dinner with a loved one. That is the reason a lot of restaurants consider valentines day as a very busy day. But of course, couples would definitely want to spend time in a romantic ambience and restaurants simply cater to that need.InUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-6058290395837681286.post-21263797980000898262008-02-13T11:36:00.001+08:002008-02-13T11:38:33.918+08:00PROUD AND LOUD: CEBUANO BLOGGERI've displayed a badge given by a fellow cebuano blogger which I set-up at my left side bar. It shouts "CEBUANO BLOGGER". And yes I am, a CEBUANO blood runs through this author's veins. I've been born and have lived most of my life in CEBU CITY.Unknownnoreply@blogger.com0