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January 17, 2024

Navigating Change: BIR Introduces Withholding Tax Amendments for E-Marketplace Operators and Digital Financial Services

Online merchants and sellers earning more than P500,000 annually are now subject to a 1% withholding tax, according to the BIR.

January 12, 2024

BIR Waives Collection of Annual Registration Fee: A Game-Changer for SMEs and Startups

In a transformative move set to redefine the business taxation landscape, the Bureau of Internal Revenue (BIR) has announced that it will no longer collect the Annual Registration Fee (ARF) from business taxpayers, effective January 22, 2024. This pivotal change, aligned with Republic Act No. 11976, also known as the “Ease of Paying Taxes Act,” […]

January 9, 2024

2024 Payroll Updates: PhilHealth, Pag-IBIG contributions set to increase

Heads up, employers! PhilHealth contributions are set to increase to 5% from the previous 4% of the monthly basic salary. This comes after an announcement that the Philippine Health Insurance Corporation (PhilHealth) has updated its premium schedule effective January 1, 2024. The adjustment applies to income levels ranging from P10,000 to P100,000. According to PhilHealth, […]

January 5, 2024

January 2024 Tax Calendar

Here is CloudCfo’s January 2024 Tax Calendar to help you stay abreast and prepare for your obligations this year!

January 3, 2024

Understanding Accounts Payable

It’s important to understand accounts payable because it’s not just a financial log; it’s a strategic tool. As a liability, accounts payable is a credit entry, representing the money your business owes to suppliers. When the balance is settled, a debit entry decreases the credit balance. 

December 1, 2023

December 2023 Tax Calendar

As the calendar pages turn to December, the time has come for startups and business owners to meticulously navigate their year-end tax obligations. CloudCfo presents your essential December Tax Calendar.

November 29, 2023

Navigating Financial Success: 5 Expert Accountant Questions During a Comprehensive Financial Review

In the dynamic and often unpredictable world of business, regularly assessing your financial health is not just an option but an absolute necessity. Just as a ship’s captain relies on regular navigational checks to ensure a safe and successful journey, business owners need regular financial reviews to steer their companies toward financial stability and growth.  […]

November 17, 2023

Financial Frights Are Over: Investree and CloudCfo to the Rescue

Are you a small or medium-sized business owner? Do you find yourself wrestling with financial challenges that are causing you sleepless nights? Fear not, as Investree and CloudCfo have arrived to provide solutions that can help you avoid or overcome those haunting financial challenges. Investree and CloudCfo have joined forces to offer a lifeline to […]

November 6, 2023

November Tax Calendar

Stay updated with your tax obligations with our November 2023 Tax Calendar.

Get In Touch

If you want to know more about our tailored services and processes, drop us a line to discuss how we can help you to grow your business. We will respond to you within 24 hours.

Get In Touch

If you want to know more about our tailored services and processes, drop us a line to discuss how we can help you to grow your business. We will respond to you within 24 hours.