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About this document

Tax Guidelines for Individuals by Eddie Mar Jagunap is a document available to read on EtoBox.

The document defines key terms related to individual taxation such as gross receipts, gross sales, and VAT threshold. It then provides the tax tables for individual income earned from 2018 to 2022 and from 2023 onwards, with tax rates ranging from 15-35% based on taxable income brackets. It also discusses how to calculate tax liability for individuals earning purely from compensation, self-employment, and with mixed income sources, and includes examples and illustrations of each.

Author
Eddie Mar Jagunap
Language
EN