https://www.facebook.com/100564584851369/

Money & Why, Makati (2026)

28/08/2026

𝗜 𝘁𝗼𝗼𝗸 𝘂𝗽 𝗕𝗦 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗮𝗻𝗰𝘆 𝗳𝗼𝗿 𝗮 𝘃𝗲𝗿𝘆 𝘀𝗶𝗺𝗽𝗹𝗲 𝗿𝗲𝗮𝘀𝗼𝗻.

Every business needs money.

Then every business needs someone to account for that money.

That was my logic.

And it was true.

But after working with businesses, I realized something more important:

𝗥𝗲𝗰𝗼𝗿𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝗻𝘂𝗺𝗯𝗲𝗿𝘀 𝗶𝘀 𝗻𝗼𝘁 𝗲𝗻𝗼𝘂𝗴𝗵. 𝗬𝗼𝘂 𝗮𝗹𝘀𝗼 𝗻𝗲𝗲𝗱 𝘁𝗼 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 𝘄𝗵𝗮𝘁 𝘁𝗵𝗲𝘆 𝗺𝗲𝗮𝗻.

A business may know its:

Sales.
Expenses.
Assets and liabilities.
Cash.

But those numbers should help answer better questions:

𝗔𝗿𝗲 𝘄𝗲 𝗿𝗲𝗮𝗹𝗹𝘆 𝗺𝗮𝗸𝗶𝗻𝗴 𝗺𝗼𝗻𝗲𝘆?

𝗪𝗵𝗲𝗿𝗲 𝗶𝘀 𝗰𝗮𝘀𝗵 𝗴𝗲𝘁𝘁𝗶𝗻𝗴 𝘀𝘁𝘂𝗰𝗸?

𝗪𝗵𝗮𝘁 𝗶𝘀 𝗵𝘂𝗿𝘁𝗶𝗻𝗴 𝗼𝘂𝗿 𝗺𝗮𝗿𝗴𝗶𝗻𝘀?

𝗖𝗮𝗻 𝘄𝗲 𝗮𝗳𝗳𝗼𝗿𝗱 𝘁𝗼 𝗴𝗿𝗼𝘄?

Because once you understand what the numbers are telling you, you can make better decisions about:

Pricing.

Costs.

Cash.

Growth.

That is why finance matters in business.

Not because businesses need more reports.

But because business owners need 𝗯𝗲𝘁𝘁𝗲𝗿 𝘃𝗶𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝘆 𝗯𝗲𝗳𝗼𝗿𝗲 𝗺𝗮𝗸𝗶𝗻𝗴 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝘀.

𝗘𝘃𝗲𝗿𝘆 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗻𝗲𝗲𝗱𝘀 𝗺𝗼𝗻𝗲𝘆.
𝗘𝘃𝗲𝗿𝘆 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗻𝗲𝗲𝗱𝘀 𝘁𝗼 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 𝘄𝗵𝗮𝘁 𝘁𝗵𝗲 𝗻𝘂𝗺𝗯𝗲𝗿𝘀 𝗺𝗲𝗮𝗻.

𝗕𝗲𝘁𝘁𝗲𝗿 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝘀 𝘀𝘁𝗮𝗿𝘁 𝘁𝗵𝗲𝗿𝗲.

27/08/2026

𝗪𝗵𝗮𝘁 𝗶𝗳 𝗽𝗮𝗿𝘁 𝗼𝗳 𝘆𝗼𝘂𝗿 𝗿𝗲𝘁𝗶𝗿𝗲𝗺𝗲𝗻𝘁 𝘀𝗮𝘃𝗶𝗻𝗴𝘀 𝗰𝗼𝘂𝗹𝗱 𝗴𝗶𝘃𝗲 𝘆𝗼𝘂 𝗮 𝘁𝗮𝘅 𝗰𝗿𝗲𝗱𝗶𝘁 𝘁𝗼𝗱𝗮𝘆 — 𝘄𝗵𝗶𝗹𝗲 𝘁𝗵𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗴𝗿𝗼𝘄𝘀 𝘄𝗶𝘁𝗵 𝘁𝗮𝘅 𝗮𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲𝘀 𝗳𝗼𝗿 𝗿𝗲𝘁𝗶𝗿𝗲𝗺𝗲𝗻𝘁?

That’s one of the ideas behind 𝗣𝗘𝗥𝗔 — 𝗣𝗲𝗿𝘀𝗼𝗻𝗮𝗹 𝗘𝗾𝘂𝗶𝘁𝘆 𝗮𝗻𝗱 𝗥𝗲𝘁𝗶𝗿𝗲𝗺𝗲𝗻𝘁 𝗔𝗰𝗰𝗼𝘂𝗻𝘁.

Think of it as a voluntary retirement account that supplements SSS, GSIS, or your employer’s retirement plan.

For qualified contributions, PERA offers a few interesting benefits:

𝟭. 𝟱% 𝘁𝗮𝘅 𝗰𝗿𝗲𝗱𝗶𝘁 𝗼𝗻 𝗰𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻𝘀

If you contribute ₱100,000 to PERA, that may give you a ₱𝟱,𝟬𝟬𝟬 𝘁𝗮𝘅 𝗰𝗿𝗲𝗱𝗶𝘁, subject to the applicable rules and annual limits.

Employees and self-employed individuals may contribute up to ₱𝟮𝟬𝟬,𝟬𝟬𝟬 𝗽𝗲𝗿 𝘆𝗲𝗮𝗿 for the tax incentives, while qualified overseas Filipinos may contribute up to ₱𝟰𝟬𝟬,𝟬𝟬𝟬.

𝟮. 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗲𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝗶𝗻𝘀𝗶𝗱𝗲 𝗣𝗘𝗥𝗔 𝗰𝗮𝗻 𝗲𝗻𝗷𝗼𝘆 𝘁𝗮𝘅 𝗲𝘅𝗲𝗺𝗽𝘁𝗶𝗼𝗻𝘀

Income from qualified PERA investments and reinvestments may be exempt from applicable investment-income taxes.

𝟯. 𝗤𝘂𝗮𝗹𝗶𝗳𝗶𝗲𝗱 𝗿𝗲𝘁𝗶𝗿𝗲𝗺𝗲𝗻𝘁 𝘄𝗶𝘁𝗵𝗱𝗿𝗮𝘄𝗮𝗹𝘀 𝗰𝗮𝗻 𝗯𝗲 𝘁𝗮𝘅-𝗳𝗿𝗲𝗲

Generally, you need to reach 𝗮𝗴𝗲 𝟱𝟱 and have at least 𝟱 𝘆𝗲𝗮𝗿𝘀 𝗼𝗳 𝗾𝘂𝗮𝗹𝗶𝗳𝗶𝗲𝗱 𝗰𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻𝘀 to enjoy the retirement withdrawal benefits.

Withdraw too early without a qualifying exception, and you may have to give back the tax benefits previously received.

And there’s a new development that makes PERA more accessible to conservative savers:

𝐓𝐢𝐦𝐞 𝐝𝐞𝐩𝐨𝐬𝐢𝐭𝐬 𝐜𝐚𝐧 𝐧𝐨𝐰 𝐛𝐞 𝐨𝐟𝐟𝐞𝐫𝐞𝐝 𝐚𝐬 𝐏𝐄𝐑𝐀 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬.

Under BSP guidelines issued in August 2026, qualified banks may offer 𝗣𝗘𝗥𝗔 𝘁𝗶𝗺𝗲 𝗱𝗲𝗽𝗼𝘀𝗶𝘁𝘀, alongside products such as UITFs, stocks, REITs and government securities.

That matters because not everyone is comfortable putting retirement money into market-linked investments.

Some people may prefer something more familiar and predictable.

But PERA is becoming interesting from the 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝘀𝗶𝗱𝗲 too.

Private employers that make qualified PERA contributions for employees may deduct the employer contribution from gross income.

And under CMEPA, eligible employers can receive an 𝗮𝗱𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝟱𝟬% 𝗱𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻 — effectively allowing a deduction equal to 𝟭𝟱𝟬% 𝗼𝗳 𝘁𝗵𝗲 𝗾𝘂𝗮𝗹𝗶𝗳𝗶𝗲𝗱 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗿 𝗰𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻, provided the conditions are met.

There are important conditions, including generally matching or exceeding the employee’s contribution and contributing to all qualified employees if the employer wants the additional deduction.

So potentially:

𝗙𝗼𝗿 𝘁𝗵𝗲 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗲:
retirement savings + tax incentives.

𝗙𝗼𝗿 𝘁𝗵𝗲 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗿:
an employee benefit + potential tax deduction.

But some caveats:

PERA is meant for 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝗿𝗲𝘁𝗶𝗿𝗲𝗺𝗲𝗻𝘁 𝗺𝗼𝗻𝗲𝘆, not your emergency fund.

Different PERA products still have different risks, returns, fees and liquidity.

And a tax incentive alone should never be the reason you choose an investment.

𝗨𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂 𝗮𝗿𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝗶𝗻 𝗳𝗶𝗿𝘀𝘁.

If you want to understand PERA in more detail — eligibility, contribution limits, withdrawals, fees, tax credits and employer contributions — the BSP has a very useful official FAQ:

[Read the BSP PERA FAQ] https://www.bsp.gov.ph/Pages/InclusiveFinance/PERA_FAQs1.aspx?

26/08/2026

𝐘𝐨𝐮𝐫 𝐥𝐢𝐟𝐞 𝐢𝐬 𝐚 𝐠𝐚𝐫𝐝𝐞𝐧. 𝐖𝐡𝐢𝐜𝐡 𝐩𝐥𝐚𝐧𝐭𝐬 𝐚𝐫𝐞 𝐲𝐨𝐮 𝐰𝐚𝐭𝐞𝐫𝐢𝐧𝐠 — 𝐚𝐧𝐝 𝐰𝐡𝐢𝐜𝐡 𝐨𝐧𝐞𝐬 𝐚𝐫𝐞 𝐲𝐨𝐮 𝐪𝐮𝐢𝐞𝐭𝐥𝐲 𝐧𝐞𝐠𝐥𝐞𝐜𝐭𝐢𝐧𝐠?⁣
⁣
I like to think of life as a garden with different plants.⁣
⁣
One plant is your 𝐟𝐢𝐧𝐚𝐧𝐜𝐞𝐬.⁣
⁣
Another is your 𝐡𝐞𝐚𝐥𝐭𝐡 𝐚𝐧𝐝 𝐟𝐢𝐭𝐧𝐞𝐬𝐬.⁣
⁣
Then there are your 𝐫𝐞𝐥𝐚𝐭𝐢𝐨𝐧𝐬𝐡𝐢𝐩𝐬, 𝐜𝐚𝐫𝐞𝐞𝐫 𝐨𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬, 𝐬𝐩𝐢𝐫𝐢𝐭𝐮𝐚𝐥𝐢𝐭𝐲, 𝐦𝐞𝐧𝐭𝐚𝐥 𝐡𝐞𝐚𝐥𝐭𝐡, and other areas that matter to you.⁣
⁣
And just like plants, the areas we take care of tend to grow.⁣
⁣
If you keep watering your finances and career, they may eventually bloom.⁣
⁣
But if you completely neglect your health, relationships, or spiritual life, you shouldn't be surprised if those areas stop growing.⁣
⁣
And the difficult part is this:⁣
⁣
𝐓𝐡𝐞𝐬𝐞 𝐚𝐫𝐞𝐚𝐬 𝐨𝐟 𝐥𝐢𝐟𝐞 𝐚𝐟𝐟𝐞𝐜𝐭 𝐞𝐚𝐜𝐡 𝐨𝐭𝐡𝐞𝐫.⁣
⁣
Financial stress can affect your relationships.⁣
⁣
Poor health can affect your work.⁣
⁣
Problems at home can affect your mental health and decision-making.⁣
⁣
Burnout from work can affect almost everything else.⁣
⁣
Of course, life has seasons.⁣
⁣
There will be times when one area needs more of your attention.⁣
⁣
Maybe you're building a business.⁣
⁣
Maybe you're recovering financially.⁣
⁣
Maybe your family needs you more right now.⁣
⁣
Maybe your health needs to become the priority.⁣
⁣
𝐍𝐨𝐭 𝐞𝐯𝐞𝐫𝐲 𝐩𝐥𝐚𝐧𝐭 𝐧𝐞𝐞𝐝𝐬 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞 𝐚𝐦𝐨𝐮𝐧𝐭 𝐨𝐟 𝐰𝐚𝐭𝐞𝐫 𝐚𝐭 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞 𝐭𝐢𝐦𝐞.⁣
⁣
But that doesn't mean we completely stop tending the others.⁣
⁣
And this is also why I don't think most important areas of life have a true 𝐟𝐢𝐧𝐢𝐬𝐡 𝐥𝐢𝐧𝐞.⁣
⁣
You don't reach ₱𝟏𝐌 𝐢𝐧 𝐬𝐚𝐯𝐢𝐧𝐠𝐬 and then stop managing your money.⁣
⁣
You don't get abs and then stop exercising and eating well.⁣
⁣
You don't get married and then stop working on your relationship.⁣
⁣
You don't build a successful business and then stop taking care of it.⁣
⁣
A goal can tell you where you're going.⁣
⁣
But reaching it doesn't mean the work is done.⁣
⁣
That's why I increasingly like the term 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐰𝐞𝐥𝐥𝐧𝐞𝐬𝐬 more than financial freedom.⁣
⁣
Just like physical wellness, it isn't something you achieve once and forget about.⁣
⁣
You continue:⁣
⁣
𝐄𝐚𝐫𝐧. 𝐒𝐩𝐞𝐧𝐝 𝐰𝐢𝐬𝐞𝐥𝐲. 𝐒𝐚𝐯𝐞. 𝐈𝐧𝐯𝐞𝐬𝐭. 𝐏𝐫𝐨𝐭𝐞𝐜𝐭. 𝐑𝐞𝐩𝐞𝐚𝐭.⁣
⁣
Maybe the same is true for the rest of our garden.⁣
⁣
Relationship wellness.⁣
Physical wellness.⁣
Mental wellness.⁣
Spiritual wellness.⁣
Career wellness.⁣
⁣
Goals are important.⁣
⁣
They give us direction and something to work toward.⁣
⁣
But perhaps the real goal is not to finally reach a point where we can stop.⁣
⁣
𝐓𝐡𝐞 𝐠𝐨𝐚𝐥 𝐢𝐬 𝐭𝐨 𝐤𝐞𝐞𝐩 𝐭𝐞𝐧𝐝𝐢𝐧𝐠 𝐭𝐡𝐞 𝐠𝐚𝐫𝐝𝐞𝐧.⁣
⁣
Because:⁣
⁣
𝐖𝐡𝐚𝐭 𝐲𝐨𝐮 𝐭𝐞𝐧𝐝 𝐠𝐫𝐨𝐰𝐬.⁣
𝐖𝐡𝐚𝐭 𝐲𝐨𝐮 𝐧𝐞𝐠𝐥𝐞𝐜𝐭 𝐞𝐯𝐞𝐧𝐭𝐮𝐚𝐥𝐥𝐲 𝐬𝐡𝐨𝐰𝐬.⁣
⁣

25/08/2026

𝐇𝐢𝐧𝐢𝐧𝐠𝐚𝐧 𝐤𝐚 𝐧𝐠 𝐛𝐚𝐧𝐠𝐤𝐨 𝐨𝐫 𝐯𝐢𝐬𝐚 𝐚𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐧𝐠 𝐈𝐓𝐑 / 𝐩𝐫𝐨𝐨𝐟 𝐨𝐟 𝐢𝐧𝐜𝐨𝐦𝐞. 𝐀𝐧𝐨 𝐚𝐧𝐠 𝐢𝐛𝐢𝐛𝐢𝐠𝐚𝐲 𝐦𝐨 — 𝐁𝐈𝐑 𝟐𝟑𝟏𝟔, 𝟏𝟕𝟎𝟎, 𝟏𝟕𝟎𝟏, 𝐨𝐫 𝟏𝟕𝟎𝟐?⁣
⁣
Depende kung paano ka kumikita.⁣
⁣
If you’re an 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐞 𝐰𝐢𝐭𝐡 𝐨𝐧𝐥𝐲 𝐨𝐧𝐞 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐫 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐰𝐡𝐨𝐥𝐞 𝐭𝐚𝐱𝐚𝐛𝐥𝐞 𝐲𝐞𝐚𝐫, this is usually the easiest setup.⁣
⁣
Your employer / HR should give you 𝐁𝐈𝐑 𝐅𝐨𝐫𝐦 𝟐𝟑𝟏𝟔.⁣
⁣
If you qualify for substituted filing, your signed BIR Form 2316 serves the same purpose as your annual Income Tax Return.⁣
⁣
One important detail: check the bottom portion of the form.⁣
⁣
𝐈𝐭𝐞𝐦 𝟓𝟔 𝐢𝐬 𝐭𝐡𝐞 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐞 𝐝𝐞𝐜𝐥𝐚𝐫𝐚𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐬𝐮𝐛𝐬𝐭𝐢𝐭𝐮𝐭𝐞𝐝 𝐟𝐢𝐥𝐢𝐧𝐠.⁣
⁣
If you had 𝐭𝐰𝐨 𝐨𝐫 𝐦𝐨𝐫𝐞 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐫𝐬 𝐰𝐢𝐭𝐡𝐢𝐧 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞 𝐭𝐚𝐱𝐚𝐛𝐥𝐞 𝐲𝐞𝐚𝐫, whether simultaneous or consecutive, the situation changes.⁣
⁣
You will normally receive one 𝐁𝐈𝐑 𝐅𝐨𝐫𝐦 𝟐𝟑𝟏𝟔 𝐟𝐫𝐨𝐦 𝐞𝐚𝐜𝐡 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐫.⁣
⁣
But you are 𝐧𝐨𝐭 𝐪𝐮𝐚𝐥𝐢𝐟𝐢𝐞𝐝 𝐟𝐨𝐫 𝐬𝐮𝐛𝐬𝐭𝐢𝐭𝐮𝐭𝐞𝐝 𝐟𝐢𝐥𝐢𝐧𝐠.⁣
⁣
Instead, you need to file 𝐁𝐈𝐑 𝐅𝐨𝐫𝐦 𝟏𝟕𝟎𝟎 and combine the compensation income and taxes withheld from all your 2316s.⁣
⁣
In that case, 𝐁𝐈𝐑 𝐅𝐨𝐫𝐦 𝟏𝟕𝟎𝟎 𝐛𝐞𝐜𝐨𝐦𝐞𝐬 𝐲𝐨𝐮𝐫 𝐟𝐢𝐧𝐚𝐥 𝐚𝐧𝐧𝐮𝐚𝐥 𝐈𝐓𝐑.⁣
⁣
Now, if you are earning as a:⁣
⁣
𝐅𝐫𝐞𝐞𝐥𝐚𝐧𝐜𝐞𝐫⁣
𝐕𝐀⁣
𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐧𝐭⁣
𝐎𝐧𝐥𝐢𝐧𝐞 𝐬𝐞𝐥𝐥𝐞𝐫⁣
𝐂𝐨𝐧𝐭𝐞𝐧𝐭 𝐜𝐫𝐞𝐚𝐭𝐨𝐫⁣
𝐏𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥⁣
𝐒𝐨𝐥𝐞 𝐩𝐫𝐨𝐩𝐫𝐢𝐞𝐭𝐨𝐫⁣
⁣
you are already earning business or professional income.⁣
⁣
Your annual ITR will generally fall under the 𝐁𝐈𝐑 𝐅𝐨𝐫𝐦 𝟏𝟕𝟎𝟏 𝐬𝐞𝐫𝐢𝐞𝐬, depending on your income type and tax regime.⁣
⁣
And unlike a pure employee, 𝐡𝐚𝐯𝐢𝐧𝐠 𝐚 𝐓𝐈𝐍 𝐢𝐬 𝐧𝐨 𝐥𝐨𝐧𝐠𝐞𝐫 𝐞𝐧𝐨𝐮𝐠𝐡.⁣
⁣
A legitimate business setup may also require:⁣
⁣
BIR registration and Certificate of Registration⁣
Invoices⁣
Books of Accounts⁣
DTI registration, when applicable⁣
LGU permits⁣
and other registrations depending on your activity.⁣
⁣
For a 𝐬𝐨𝐥𝐞 𝐩𝐫𝐨𝐩𝐫𝐢𝐞𝐭𝐨𝐫𝐬𝐡𝐢𝐩, remember:⁣
⁣
𝐘𝐨𝐮 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞 𝐭𝐚𝐱𝐩𝐚𝐲𝐞𝐫.⁣
⁣
But if you set up an 𝐎𝐏𝐂 𝐨𝐫 𝐜𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧, that changes.⁣
⁣
Even if you are the only owner:⁣
⁣
𝐘𝐎𝐔 ≠ 𝐓𝐇𝐄 𝐂𝐎𝐌𝐏𝐀𝐍𝐘⁣
⁣
The corporation is a separate taxpayer.⁣
⁣
It registers with the 𝐒𝐄𝐂, gets its own BIR registration, maintains its own books and invoices, and files its own corporate Income Tax Return under the 𝟏𝟕𝟎𝟐 𝐬𝐞𝐫𝐢𝐞𝐬.⁣
⁣
Your personal tax obligations remain separate.⁣
⁣
So when someone asks:⁣
⁣
“𝐀𝐧𝐨 𝐚𝐧𝐠 𝐈𝐓𝐑 𝐦𝐨?”⁣
⁣
The answer depends on how you earn.⁣
⁣
𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭 𝐰𝐚𝐲𝐬 𝐨𝐟 𝐞𝐚𝐫𝐧𝐢𝐧𝐠. 𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭 𝐢𝐧𝐜𝐨𝐦𝐞 𝐭𝐚𝐱 𝐫𝐞𝐭𝐮𝐫𝐧𝐬.⁣
⁣

24/08/2026

𝐘𝐨𝐮𝐫 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐨𝐫 𝐜𝐚𝐧 𝐞𝐚𝐫𝐧 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞 𝐩𝐫𝐨𝐟𝐢𝐭 𝐚𝐬 𝐲𝐨𝐮 — 𝐚𝐧𝐝 𝐬𝐭𝐢𝐥𝐥 𝐛𝐞 𝐰𝐨𝐫𝐭𝐡 𝐦𝐨𝐫𝐞.

Here’s one reason why.

Imagine two businesses:

𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐀
Sales: ₱10M
Profit: ₱1.5M

𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐁
Sales: ₱10M
Profit: ₱1.5M

Pareho ang sales.
Pareho ang profit.

So pareho lang ba ang quality ng business?

𝐍𝐨𝐭 𝐧𝐞𝐜𝐞𝐬𝐬𝐚𝐫𝐢𝐥𝐲.

Business A:

* collects from customers in 𝟏𝟓 𝐝𝐚𝐲𝐬
* keeps inventory for 𝟏𝟓 𝐝𝐚𝐲𝐬
* pays suppliers in 𝟒𝟓 𝐝𝐚𝐲𝐬

Business B:

* collects in 𝟔𝟎 𝐝𝐚𝐲𝐬
* keeps inventory for 𝟔𝟎 𝐝𝐚𝐲𝐬
* pays suppliers in 𝟏𝟓 𝐝𝐚𝐲𝐬

Same sales. Same profit.

But Business B needs 𝐦𝐨𝐫𝐞 𝐦𝐨𝐧𝐞𝐲 𝐭𝐢𝐞𝐝 𝐮𝐩 𝐢𝐧𝐬𝐢𝐝𝐞 𝐭𝐡𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 while waiting for customers to pay and inventory to move — while paying suppliers much earlier.

Business A gets its cash back faster.

And that matters.

Because a business that needs less capital to support the same level of sales and profit can have:

𝐦𝐨𝐫𝐞 𝐚𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐜𝐚𝐬𝐡,
𝐦𝐨𝐫𝐞 𝐟𝐥𝐞𝐱𝐢𝐛𝐢𝐥𝐢𝐭𝐲,
𝐦𝐨𝐫𝐞 𝐜𝐚𝐩𝐚𝐜𝐢𝐭𝐲 𝐭𝐨 𝐠𝐫𝐨𝐰,
𝐚𝐧𝐝 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥𝐥𝐲 𝐦𝐨𝐫𝐞 𝐯𝐚𝐥𝐮𝐞.

This is why knowing only your 𝐬𝐚𝐥𝐞𝐬, 𝐞𝐱𝐩𝐞𝐧𝐬𝐞𝐬 𝐚𝐧𝐝 𝐩𝐫𝐨𝐟𝐢𝐭 is not enough.

That’s 𝐋𝐞𝐯𝐞𝐥 𝟏 𝐯𝐢𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐲.

You know the result.

The next level is understanding 𝐰𝐡𝐚𝐭 𝐢𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐭𝐡𝐚𝐭 𝐫𝐞𝐬𝐮𝐥𝐭.

How long before customers pay you?

How much money is sitting in inventory?

How quickly do you have to pay suppliers?

Where is cash getting stuck?

Those numbers may never appear in the usual “sales minus expenses” conversation — but they can completely change the financial quality of the business.

So instead of asking only:

“𝐌𝐚𝐠𝐤𝐚𝐧𝐨 𝐚𝐧𝐠 𝐬𝐚𝐥𝐞𝐬 𝐚𝐭 𝐩𝐫𝐨𝐟𝐢𝐭 𝐧𝐚𝐭𝐢𝐧?”

Start asking:

“𝐖𝐡𝐚𝐭 𝐢𝐬 𝐡𝐚𝐩𝐩𝐞𝐧𝐢𝐧𝐠 𝐛𝐞𝐡𝐢𝐧𝐝 𝐭𝐡𝐨𝐬𝐞 𝐧𝐮𝐦𝐛𝐞𝐫𝐬?”

Because knowing your numbers is good.

𝐊𝐧𝐨𝐰𝐢𝐧𝐠 𝐰𝐡𝐚𝐭 𝐝𝐫𝐢𝐯𝐞𝐬 𝐭𝐡𝐞𝐦 𝐢𝐬 𝐛𝐞𝐭𝐭𝐞𝐫.

23/08/2026

𝐒𝐥𝐨𝐰 𝐚𝐧𝐝 𝐬𝐭𝐞𝐚𝐝𝐲 𝐰𝐢𝐧𝐬 𝐭𝐡𝐞 𝐫𝐚𝐜𝐞.

Proverbs 13:11 teaches that wealth gained too quickly can disappear, while wealth built 𝐥𝐢𝐭𝐭𝐥𝐞 𝐛𝐲 𝐥𝐢𝐭𝐭𝐥𝐞 𝐠𝐫𝐨𝐰𝐬 𝐨𝐯𝐞𝐫 𝐭𝐢𝐦𝐞.

We often look for the shortcut:

Get rich quickly.
Double our money.
Find the next big investment.

But building wealth is usually much less exciting.

𝐄𝐚𝐫𝐧. 𝐒𝐚𝐯𝐞. 𝐈𝐧𝐯𝐞𝐬𝐭. 𝐑𝐞𝐩𝐞𝐚𝐭.

Little by little.
Year after year.

Maybe the boring way is actually the better way. 🙏

“𝐖𝐡𝐨𝐞𝐯𝐞𝐫 𝐠𝐚𝐭𝐡𝐞𝐫𝐬 𝐦𝐨𝐧𝐞𝐲 𝐥𝐢𝐭𝐭𝐥𝐞 𝐛𝐲 𝐥𝐢𝐭𝐭𝐥𝐞 𝐦𝐚𝐤𝐞𝐬 𝐢𝐭 𝐠𝐫𝐨𝐰.” — 𝐏𝐫𝐨𝐯𝐞𝐫𝐛𝐬 𝟏𝟑:𝟏𝟏

22/08/2026

𝐌𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝟏𝟎 𝐲𝐞𝐚𝐫𝐬 𝐚𝐠𝐨, 𝐈 𝐡𝐚𝐝 𝐚 𝐕𝐔𝐋. 𝐈 𝐥𝐚𝐭𝐞𝐫 𝐬𝐭𝐨𝐩𝐩𝐞𝐝 𝐢𝐭 𝐚𝐧𝐝 𝐬𝐡𝐢𝐟𝐭𝐞𝐝 𝐭𝐨 𝐁𝐓𝐈𝐃 — 𝐧𝐨𝐭 𝐛𝐞𝐜𝐚𝐮𝐬𝐞 𝐈 𝐬𝐭𝐨𝐩𝐩𝐞𝐝 𝐛𝐞𝐥𝐢𝐞𝐯𝐢𝐧𝐠 𝐢𝐧 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞.

I stopped because I preferred to separate 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 from 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠.

That’s when I shifted to what is commonly called 𝐁𝐓𝐈𝐃 — 𝐁𝐮𝐲 𝐓𝐞𝐫𝐦, 𝐈𝐧𝐯𝐞𝐬𝐭 𝐭𝐡𝐞 𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞.

The idea is simple:

Buy 𝐭𝐞𝐫𝐦 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 for the protection you need, then invest the money you save separately.

In our case, term insurance costs significantly less, so the difference — plus additional savings — can go into investments we choose ourselves, like mutual funds, time deposits, business or other options that fit our goals.

For me, that gives two advantages:

𝐋𝐨𝐰𝐞𝐫 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐜𝐨𝐬𝐭.
𝐌𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐫𝐨𝐥 𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭.

But here’s the important part:

𝐁𝐓𝐈𝐃 𝐨𝐧𝐥𝐲 𝐰𝐨𝐫𝐤𝐬 𝐢𝐟 𝐲𝐨𝐮 𝐚𝐜𝐭𝐮𝐚𝐥𝐥𝐲 𝐈𝐍𝐕𝐄𝐒𝐓 𝐭𝐡𝐞 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞.

If your VUL would have cost ₱5,000 a month and your term insurance costs ₱1,500, that ₱3,500 is not really helping you build wealth if you simply spend it.

That becomes:

𝐁𝐮𝐲 𝐓𝐞𝐫𝐦, 𝐒𝐩𝐞𝐧𝐝 𝐭𝐡𝐞 𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞. 😅

And this is why I don’t automatically think VUL is a bad product.

For some people, part of what they’re paying extra for is 𝐜𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐜𝐞 𝐚𝐧𝐝 𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞.

One payment.
Insurance + investment together.
Less need to decide where to invest every month.
And some degree of forced investing because the two are bundled.

You can think of part of the additional cost as a kind of 𝐜𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐜𝐞 𝐟𝐞𝐞 for having those two things packaged together.

BTID gives you more flexibility and control — but it also gives you more responsibility.

You have to:

* choose where to invest;
* actually put the difference there;
* stay disciplined;
* and keep doing it for years.

So maybe the better question isn’t:

“𝐕𝐔𝐋 𝐨𝐫 𝐁𝐓𝐈𝐃 — 𝐰𝐡𝐢𝐜𝐡 𝐢𝐬 𝐛𝐞𝐭𝐭𝐞𝐫?”

Maybe it is:

“𝐖𝐡𝐢𝐜𝐡 𝐬𝐲𝐬𝐭𝐞𝐦 𝐚𝐦 𝐈 𝐚𝐜𝐭𝐮𝐚𝐥𝐥𝐲 𝐦𝐨𝐫𝐞 𝐥𝐢𝐤𝐞𝐥𝐲 𝐭𝐨 𝐟𝐨𝐥𝐥𝐨𝐰 𝐩𝐫𝐨𝐩𝐞𝐫𝐥𝐲?”

I chose BTID.

Someone else may reasonably choose VUL.

What matters is understanding 𝐰𝐡𝐚𝐭 𝐲𝐨𝐮 𝐚𝐫𝐞 𝐩𝐚𝐲𝐢𝐧𝐠 𝐟𝐨𝐫, 𝐰𝐡𝐚𝐭 𝐲𝐨𝐮 𝐚𝐫𝐞 𝐠𝐞𝐭𝐭𝐢𝐧𝐠, 𝐚𝐧𝐝 𝐰𝐡𝐚𝐭 𝐫𝐞𝐬𝐩𝐨𝐧𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐲 𝐜𝐨𝐦𝐞𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮𝐫 𝐜𝐡𝐨𝐢𝐜𝐞.

And just to be clear: this is not about whether you need life insurance.

💯% 𝐈 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐥𝐢𝐟𝐞 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐩𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐨𝐧 𝐢𝐬 𝐬𝐭𝐢𝐥𝐥 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭.

The question here is simply:

𝐖𝐡𝐚𝐭 𝐤𝐢𝐧𝐝 𝐨𝐟 𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐦𝐚𝐤𝐞𝐬 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐬𝐞𝐧𝐬𝐞 𝐟𝐨𝐫 𝐲𝐨𝐮?

𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐭𝐡𝐞 𝐩𝐫𝐨𝐝𝐮𝐜𝐭. 𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐲𝐨𝐮𝐫𝐬𝐞𝐥𝐟. 𝐓𝐡𝐞𝐧 𝐝𝐞𝐜𝐢𝐝𝐞.

21/08/2026

Most people will agree on these:

Borrowing money for a 𝘄𝗮𝗻𝘁 that you cannot really afford? Usually a bad idea.

Borrowing for a genuine 𝗻𝗲𝗲𝗱, like a medical emergency? Sometimes necessary.

But here's where opinions usually divide:

𝗪𝗵𝗮𝘁 𝗮𝗯𝗼𝘂𝘁 𝗯𝗼𝗿𝗿𝗼𝘄𝗶𝗻𝗴 𝗺𝗼𝗻𝗲𝘆 𝘁𝗼 𝘀𝘁𝗮𝗿𝘁 𝗮 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀?

For me, this is where debt becomes much more interesting.

Because when you take a business loan, one thing is almost certain:

𝗬𝗼𝘂 𝗵𝗮𝘃𝗲 𝘁𝗼 𝗽𝗮𝘆 𝘁𝗵𝗲 𝗹𝗼𝗮𝗻.

But one thing is NOT certain:

𝗬𝗼𝘂𝗿 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝘄𝗶𝗹𝗹 𝗺𝗮𝗸𝗲 𝗺𝗼𝗻𝗲𝘆.

If you borrow ₱500,000 today, the bank does not say:

“Okay lang, huwag ka muna magbayad kasi hindi pa profitable ang business mo.” 😅

The amortization still comes.

That is why, personally, I am more risk-averse when it comes to borrowing money for a business that has not yet proven itself.

I would rather validate the business first, start smaller if possible, and risk more of my own capital before adding a fixed monthly obligation.

But that doesn't mean borrowing for business is automatically a bad decision.

For someone with a higher risk appetite — and more importantly, a business with good economics — debt can accelerate something that is already likely to work.

The better questions are:

* Is there already evidence that customers will buy?
* How much cash can the business realistically generate?
* Can it still pay the loan if sales are lower than expected?
* How long before the business starts producing cash?
* If the business fails, can I personally survive the debt?

Because there is a big difference between:

𝗕𝗼𝗿𝗿𝗼𝘄𝗶𝗻𝗴 𝗺𝗼𝗻𝗲𝘆 𝘁𝗼 𝗧𝗘𝗦𝗧 𝗮𝗻 𝗶𝗱𝗲𝗮

and

𝗕𝗼𝗿𝗿𝗼𝘄𝗶𝗻𝗴 𝗺𝗼𝗻𝗲𝘆 𝘁𝗼 𝗘𝗫𝗣𝗔𝗡𝗗 𝘀𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 𝘁𝗵𝗮𝘁 𝗮𝗹𝗿𝗲𝗮𝗱𝘆 𝘄𝗼𝗿𝗸𝘀.

Both involve debt.

But the risk is very different.

So maybe the question is not simply:

“𝗜𝘀 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗱𝗲𝗯𝘁 𝗴𝗼𝗼𝗱 𝗼𝗿 𝗯𝗮𝗱?”

A better question is:

“𝗜𝘀 𝘁𝗵𝗲 𝗲𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝗿𝗲𝘁𝘂𝗿𝗻 𝘄𝗼𝗿𝘁𝗵 𝘁𝗵𝗲 𝗿𝗶𝘀𝗸 𝗼𝗳 𝘁𝗮𝗸𝗶𝗻𝗴 𝗼𝗻 𝗮 𝗽𝗮𝘆𝗺𝗲𝗻𝘁 𝘁𝗵𝗮𝘁 𝗶𝘀 𝗰𝗲𝗿𝘁𝗮𝗶𝗻, 𝗳𝗼𝗿 𝗮𝗻 𝗶𝗻𝗰𝗼𝗺𝗲 𝘁𝗵𝗮𝘁 𝗶𝘀 𝘂𝗻𝗰𝗲𝗿𝘁𝗮𝗶𝗻?”

Your answer may be different from mine.

And that's okay.

But understand the risk before you sign the loan.

20/08/2026

Most small business owners know how much their total expenses are.

Pero one thing that is often overlooked is:

𝗪𝗵𝗶𝗰𝗵 𝗲𝘅𝗽𝗲𝗻𝘀𝗲𝘀 𝗮𝗿𝗲 𝗙𝗜𝗫𝗘𝗗, 𝗮𝗻𝗱 𝘄𝗵𝗶𝗰𝗵 𝗼𝗻𝗲𝘀 𝗮𝗿𝗲 𝗩𝗔𝗥𝗜𝗔𝗕𝗟𝗘?

Why does this matter?

Because these two behave very differently as your sales go up or down.

𝗙𝗶𝘅𝗲𝗱 𝗰𝗼𝘀𝘁𝘀 are expenses that usually don't change much in peso value even when sales or production changes.

Examples:

* Rent
* Loan interest
* Fixed salaries

A simple question to ask:

“𝗜𝗳 𝗜 𝘀𝘁𝗼𝗽 𝘀𝗲𝗹𝗹𝗶𝗻𝗴 𝗼𝗿 𝗽𝗿𝗼𝗱𝘂𝗰𝗶𝗻𝗴 𝘁𝗼𝗱𝗮𝘆, 𝗯𝗮𝗯𝗮𝘆𝗮𝗿𝗮𝗻 𝗸𝗼 𝗽𝗮 𝗿𝗶𝗻 𝗯𝗮 𝗶𝘁𝗼?”

If YES, it is likely a fixed cost.

On the other hand, 𝘃𝗮𝗿𝗶𝗮𝗯𝗹𝗲 𝗰𝗼𝘀𝘁𝘀 move with your sales or production.

Examples:

* Materials
* Cost of inventory sold
* Sales commissions

Ask the same question:

“𝗜𝗳 𝗜 𝘀𝘁𝗼𝗽 𝘀𝗲𝗹𝗹𝗶𝗻𝗴 𝗼𝗿 𝗽𝗿𝗼𝗱𝘂𝗰𝗶𝗻𝗴, 𝗴𝗮𝗴𝗮𝘀𝘁𝗼𝘀 𝗽𝗮 𝗿𝗶𝗻 𝗯𝗮 𝗮𝗸𝗼 𝗱𝗶𝘁𝗼?”

If NO, it is likely a variable cost.

Here's another important difference:

As sales increase, 𝘃𝗮𝗿𝗶𝗮𝗯𝗹𝗲 𝗰𝗼𝘀𝘁𝘀 𝘂𝘀𝘂𝗮𝗹𝗹𝘆 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗶𝗻 𝗽𝗲𝘀𝗼 𝗮𝗺𝗼𝘂𝗻𝘁, but their percentage versus sales tends to stay relatively stable.

Fixed costs are different.

The peso amount may stay almost the same, but 𝗳𝗶𝘅𝗲𝗱 𝗰𝗼𝘀𝘁 𝗮𝘀 𝗮 % 𝗼𝗳 𝘀𝗮𝗹𝗲𝘀 𝗴𝗼𝗲𝘀 𝗗𝗢𝗪𝗡 𝗮𝘀 𝘀𝗮𝗹𝗲𝘀 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 — 𝗮𝗻𝗱 𝗴𝗼𝗲𝘀 𝗨𝗣 𝘄𝗵𝗲𝗻 𝘀𝗮𝗹𝗲𝘀 𝗱𝗲𝗰𝗹𝗶𝗻𝗲.

This is why understanding fixed and variable costs is not just an accounting exercise.

It helps you answer strategic questions like:

𝗛𝗼𝘄 𝗺𝘂𝗰𝗵 𝘀𝗮𝗹𝗲𝘀 𝗱𝗼 𝗜 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗰𝗼𝘃𝗲𝗿 𝗺𝘆 𝗳𝗶𝘅𝗲𝗱 𝗰𝗼𝘀𝘁𝘀?

𝗪𝗵𝗮𝘁 𝗵𝗮𝗽𝗽𝗲𝗻𝘀 𝘁𝗼 𝗺𝘆 𝗽𝗿𝗼𝗳𝗶𝘁 𝗶𝗳 𝘀𝗮𝗹𝗲𝘀 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗯𝘆 𝟮𝟬%?

𝗪𝗵𝗶𝗰𝗵 𝗰𝗼𝘀𝘁𝘀 𝗰𝗮𝗻 𝗜 𝗰𝗼𝗻𝘁𝗿𝗼𝗹 𝗶𝗳 𝘀𝗮𝗹𝗲𝘀 𝘀𝘂𝗱𝗱𝗲𝗻𝗹𝘆 𝗱𝗿𝗼𝗽?

Some expenses can also be a mixture of both — for example, mall rent with a fixed monthly amount plus a percentage of sales.

You don't need complicated accounting to start.

You just need to understand 𝗵𝗼𝘄 𝘆𝗼𝘂𝗿 𝗰𝗼𝘀𝘁𝘀 𝗯𝗲𝗵𝗮𝘃𝗲.

That alone can help you make much better business decisions.

19/08/2026

Mixed reactions sa proposed tax revision under 𝐇𝐨𝐮𝐬𝐞 𝐁𝐢𝐥𝐥 𝟏𝟎𝟑𝟒𝟓.⁣
⁣
𝐀𝐧𝐨 𝐛𝐚 𝐭𝐚𝐥𝐚𝐠𝐚 𝐚𝐧𝐠 𝐞𝐟𝐟𝐞𝐜𝐭 𝐧𝐢𝐭𝐨?⁣
⁣
For this post, let’s keep it simple.⁣
⁣
If a person has ₱𝟑𝟎,𝟎𝟎𝟎 𝐦𝐨𝐧𝐭𝐡𝐥𝐲 𝐭𝐚𝐱𝐚𝐛𝐥𝐞 𝐢𝐧𝐜𝐨𝐦𝐞 (or ₱𝟑𝟔𝟎,𝟎𝟎𝟎 𝐚𝐧𝐧𝐮𝐚𝐥𝐥𝐲):⁣
⁣
* under the current tax table, the annual income tax is ₱𝟏𝟔,𝟓𝟎𝟎⁣
* under the proposed setup, it becomes ₱𝟏,𝟓𝟎𝟎⁣
* that’s a difference of ₱𝟏𝟓,𝟎𝟎𝟎 𝐩𝐞𝐫 𝐲𝐞𝐚𝐫⁣
* or about ₱𝟏,𝟐𝟓𝟎 𝐦𝐨𝐫𝐞 𝐩𝐞𝐫 𝐦𝐨𝐧𝐭𝐡⁣
⁣
But not everyone will benefit the same way.⁣
⁣
Some income levels will see 𝐧𝐨 𝐞𝐟𝐟𝐞𝐜𝐭, because they already don’t pay income tax today.⁣
⁣
Some will benefit partially.⁣
⁣
And for others, the reduction reaches a certain point and then stays the same in peso terms.⁣
⁣
For qualified businesses (self-employed / sole proprietors) using the 𝟖% 𝐨𝐩𝐭𝐢𝐨𝐧, there can also be a benefit.⁣
⁣
That’s why before reacting to the proposal, it helps to first understand:⁣
⁣
𝐖𝐡𝐨 𝐛𝐞𝐧𝐞𝐟𝐢𝐭𝐬?⁣
𝐁𝐲 𝐡𝐨𝐰 𝐦𝐮𝐜𝐡?⁣
𝐀𝐧𝐝 𝐚𝐭 𝐰𝐡𝐚𝐭 𝐢𝐧𝐜𝐨𝐦𝐞 𝐥𝐞𝐯𝐞𝐥𝐬?⁣
⁣
Swipe through.⁣
⁣
Check the first comment for the full side-by-side tax table.⁣
⁣
⁣

Money & Why

28/08/2026

27/08/2026

26/08/2026

25/08/2026

24/08/2026

23/08/2026

22/08/2026

21/08/2026

20/08/2026

19/08/2026

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