R. Talaba Accounting Firm - Cebu

27/11/2025

How's your VUL funds? 🤔

Your VUL Funds Won’t Grow by Staying in the Wrong Place

Let’s be real for a moment.

The markets aren’t the problem.
The problem is staying in funds that keep losing value while other funds are quietly winning.

I just reviewed the performance across multiple funds, and here’s the big picture:

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🔎 The Reality Check
• Average YTD return across all funds: 0.03%
• Average YOY return: –2.68%

That means…
If your money is parked in the wrong fund, you’re not just “waiting it out” — you’re losing ground.

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🔥 The Winners (Where growth is happening)

These funds are pulling the market upward:
• Peso Global Tech Growth Fund:
📈 13.47% YTD | 15.64% YOY
• Peso Global Growth Fund:
📈 13.29% YTD | 11.32% YOY

If you were positioned here earlier, your money would be climbing — not flat, not bleeding.

⸻

⚠️ The Red Zone (Where clients keep losing)

Some funds are hitting double-digit losses:
• Captains Fund: –12.41% YTD
• Growth Fund: –10.56% YTD | –16.55% YOY
• Equity Fund: –10.25% YTD | –16.18% YOY

If your VUL is stuck in these, you’re basically running on a treadmill that’s going backwards.

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💡 So what should you do?

Simple:

Move your funds to stronger-performing options before more value leaks out.
Small shifts today can mean months — even years — of growth gained or saved.

This isn’t panic.
This is strategy.

Your VUL isn’t meant to sit still.
It’s meant to grow, protect, and serve your financial goals — but only if the fund choice supports that.

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Fund performance as of yesterday 👇 from the strongest to the weakest.

27/11/2025

Reposted from Francis Kong :

Money is a mirror. How we handle it reveals our ambition, exposes our fears, and unmasks our habits. Studying financial behavior teaches us to understand people better, less like accountants, more like humans with heartbeats. That’s why the real conversation isn’t just about fixing a budget. It’s about fixing the mindset that keeps sabotaging it. Because you can recalibrate a spreadsheet, but you have to realign a soul. Earn well. Spend wisely. Let money reveal who you are not and rewrite who you should become.

24/11/2025

BIR "Temporarily Suspends" All Audit and Field Operations (RMC No. 107-2025)

Effective immediately, the Bureau of Internal Revenue (BIR) has ordered the "temporary suspension" of all field audits and related field operations. This move aims to address systemic issues, protect taxpayer rights, and ensure integrity in the audit process.

The issuance of Letters of Authority (LOA), Mission Orders (MO), and the examination/verification of books of accounts are SUSPENDED until the order is lifted by the Commissioner.

While general audits are paused, the BIR will continue working on:
・Cases prescribing within six (6) months
・Estate Tax, Donor’s Tax, Capital Gains Tax, and Withholding Tax on land/share sales
・Retiring businesses
・Active criminal probes requiring immediate action
・Refund claims requiring an LOA
・Deadlines imposed by the Commissioner

The issuance of Assessment Notices, Warrants, and Seizure Notices will continue to maximize revenue collection.

Source: BIR website

23/11/2025

Asia's richest people in 2025

21/11/2025

Nov. 21, 2025: PSEi breaks above 50-day EMA after 3-day rally.

The 6,100 level is close, but watch out for potential profit-taking next week.

🔸 This post is for informational purposes only and should not be construed as a recommendation to buy, hold, or sell any securities.

⚠️ Past performance is no guarantee of future results.

21/11/2025

Having a diversified sources of income lowers the risk of financial slowdown or failure especially in challenging times or crisis.

21/11/2025

OFWs (the unsung heroes) once again keeping the nation's economy & currency breathing amidst all the political chaos & corruption scandal.

20/11/2025

The Philippine Peso has depreciated from P45 to P59 (against the USD$) in 10 years. A lot has gone wrong the past 10 years.

18/11/2025

SCAMS TO WATCH OUT FOR THIS HOLIDAY SEASON ⚠️

Ngayong papalapit ang holiday season, inaasahan ang muling paglaganap ng iba’t ibang uri ng scam.

Mahalaga na alam mo ang bawat uri ng scam at kung saan maaaring mag-report kung mabiktima ng mga ito.

Basahin:
https://www.gmanetwork.com/news/lifestyle/shoppingandfashion/966388/online-shopping-fake-delivery-scams-top-12-scams-of-istmas-list-as-holiday-fraud-surges/story/

17/11/2025

16/11/2025

Tax Updates on Value Added Tax (VAT):

✅ 5% VAT Withholding.

Pursuant to the TRAIN Law under R.A. No. 10963, starting January 1, 2021, the 5% VAT withheld on sales to government agencies became creditable from the original final. Thus, the withholding agent government agencies shall issue BIR Form No. 2307 as proof of creditable withholding, NOT BIR Form No. 2306.

The wrong use of Certificate 2306 in claiming 5% Creditable VAT may result to disallowance by the BIR tax examiners upon tax audit investigations.

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✅ VAT Input Tax on Capital Goods.

One of the VAT credits that can be used by taxpayers is VAT input tax arising from the purchases or importations of capital goods. Capital goods are those depreciable assets for income tax purposes and have an estimated useful life of more than one (1) year. Examples include but are not limited to: Building, Equipment, Machines, and Furniture and Fixtures.

In accordance with the TRAIN Law under R.A. No. 10963, the VAT input tax arising from purchases or importations of capital goods shall now be claimed fully beginning January 1, 2022. Prior to these new BIR rules, VAT input tax from purchased or imported capital goods shall be amortized or spread, depending on the useful life of depreciable assets and its accumulated monthly cost.

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✅ VAT Returns Declarations.

According to TRAIN Law under R.A. No. 10963, the declarations, filing, and payment of VAT shall now be on a quarterly basis beginning January 1, 2023. This means that BIR Form No. 2550M for monthly VAT declaration is no longer required. Only BIR Form No. 2550Q for the quarterly VAT shall be filed by the taxpayers.

However, under RMC 52-2023, the taxpayers have the option to declare, file, and pay their VAT monthly using BIR Form No. 2550M but they are still required to use BIR Form No. 2550Q for the quarterly VAT declarations.

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✅ VAT Output Tax Credit.

Starting taxable year 2024 under EOPT Law, all sales for VAT purposes are now on accrual basis. It means the sales to customers, buyers, or clients are subject to 12% VAT even if not yet fully paid. However, in case of non-payment of the customers, VAT-registered taxpayers can now deduct the applicable 12% VAT on unpaid receivables. This is a valid deduction from the current quarterly VAT to be paid to the BIR using BIR Form no. 2550Q.

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✅ New BIR Form No. 2550Q.

Because of the introduction of VAT Output Tax Credit in 2024 under EOPT Law, the BIR issued new and revised BIR Form No. 2550Q (April 2024 version) for the filing and payment of quarterly VAT.

This new BIR Form is now available to online filing using eBIRForms version 7.9.5.

15/11/2025

Warren Buffet: “Be fearful when others are greedy and greedy when others are fearful.”

The PSEi plunged as initially positive sentiment reversed after corruption allegations were hurled against President Marcos by legislator Zaldy Co.
The main index plummeted by 142.64 points or 2.49 percent to close at 5,584.35 as Miners led the retreat across the board.
A total of 1.68 billion shares worth P6.26 billion changed hands as losers beat gainers 113 to 64 with 51 unchanged.
“Just when we thought the index was going to stabilize above 5,700, the market sold off after Zaldy Co's allegations reignited governance risks,” said Chinabank Capital Corporation Managing Director Juan Paolo Colet.
Philstocks Financial Research Manager. Japhet Tantiangco said “The local market started with gains, but dropped on the latter part of the day as frustration towards corruption took over sentiment.”
RCBC Chief Economist Michael Ricafort said the PSEi dropped to its lowest in more than five years or since May 28, 2020, after the latest political noise and ahead of the prayer and protest rallies against corruption set for this weekend and at the end of the month.