Common taxes include Percentage Tax or VAT, Income Tax, Withholding Tax, and the Annual Registration Fee. Additional taxes may apply depending on your specific industry and business structure.

Yes. Online sellers earning regular income must register with the BIR and pay Percentage Tax or VAT, Income Tax, and applicable Withholding Taxes to remain compliant.

Percentage Tax typically applies to small businesses earning ₱3M or below annually. VAT applies to businesses exceeding the ₱3M threshold or those who voluntarily choose to register for VAT.

Most small businesses file monthly or quarterly depending on the tax type. Income Tax is filed quarterly and annually, while VAT and Percentage Tax follow specific monthly or quarterly deadlines.

Businesses must issue BIR-registered receipts or invoices. Under the EOPT Act, invoices are now the primary document for both goods and services in the Philippines.

Yes. Home-based businesses must register with the BIR and are subject to the same tax laws as other businesses, based on their income levels and tax classification.

Late filing or payment results in surcharges, interest, and compromise penalties. Repeated non-filing can lead to BIR “open cases,” audits, or even legal action.

Yes. You can file using the eBIRForms software and pay through digital channels like GCash, Maya, online banking, or other BIR-accredited payment platforms.

You should maintain sales records, expense receipts, official books of accounts, invoices, inventory logs, and bank statements to support accurate filing and audit readiness.

While not strictly required by law for very small businesses, it is helpful. Small business owners can self-file using eBIRForms if they understand the requirements, but an accountant ensures accuracy as the business grows.