Ideally, tax system rules should be as simple as they should be. The administrative expenses of collecting taxes would be minimized, and taxpayers would have an easier time understanding their obligations and complying with the law. However, in reality, the Philippine tax system remains complex and burdensome.
In fact, the Philippines ranked 127 out of 189 economies in terms of tax payment simplicity, indicating that the complexity of tax rules and high tax rates create significant obstacles for businesses.
In today’s fast-paced world, freelancers and small business owners are increasingly seeking assistance to navigate their tax obligations. Many professionals, such as doctors, lawyers, and other independent contractors, struggle to find time to handle tax issues, preferring to focus on growing their businesses and increasing their earnings.
How Tax Assist PH started?
Tax Assist PH was established to provide much-needed tax assistance to professionals with multiple projects and