{"id":197,"date":"2019-01-04T06:57:06","date_gmt":"2019-01-04T06:57:06","guid":{"rendered":"http:\/\/scp-ph.com\/blogsite\/?p=197"},"modified":"2019-01-19T06:04:44","modified_gmt":"2019-01-19T06:04:44","slug":"paying-the-right-taxes","status":"publish","type":"post","link":"https:\/\/scp-ph.com\/blogsite\/?p=197","title":{"rendered":"PAYING THE RIGHT TAXES"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-198\" src=\"http:\/\/scp-ph.com\/blogsite\/wp-content\/uploads\/2019\/01\/Taxes-300x187.jpg\" alt=\"tax form with callculator and glasses\" width=\"472\" height=\"294\" srcset=\"https:\/\/scp-ph.com\/blogsite\/wp-content\/uploads\/2019\/01\/Taxes-300x187.jpg 300w, https:\/\/scp-ph.com\/blogsite\/wp-content\/uploads\/2019\/01\/Taxes-768x478.jpg 768w, https:\/\/scp-ph.com\/blogsite\/wp-content\/uploads\/2019\/01\/Taxes-480x300.jpg 480w, https:\/\/scp-ph.com\/blogsite\/wp-content\/uploads\/2019\/01\/Taxes-640x400.jpg 640w, https:\/\/scp-ph.com\/blogsite\/wp-content\/uploads\/2019\/01\/Taxes.jpg 800w\" sizes=\"(max-width: 472px) 100vw, 472px\" \/><\/p>\n<p>Paying the right amount of tax is one of the serious issues concerning most income earners in the Philippines. Most taxpayers hesitate to pay the right amount of tax because many taxpayers want to as much as possible reduce the amount of tax they will have to pay to the BIR.<\/p>\n<p><strong>The following are your benefits when you pay the right taxes: <\/strong><\/p>\n<ol>\n<li>Minimize BIR Audit \u2013 BIR usually send letter of notice to the business because of failure to file and pay tax return or the BIR is questioning the amount of tax paid.<\/li>\n<li>Easy Income Tax Return preparation \u2013 Taxpayers who do not file the correct amount encounters problem when they need to generate an ITR for purposes of VISA and Loan applications.<\/li>\n<li>Good Credit Rating \u2013 Paying the right amount of tax provides good credit rating to financial institutions. The higher the income and tax you declare, the higher the credit rating.<\/li>\n<li>Good Investor Value \u2013 Maintaining a truthful and accurate accounting and tax records will increase confidence of investors.<\/li>\n<li>Peace of Mind \u2013 If you pay the right amount of tax, you can eliminate stress and anxieties.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Paying the right amount of tax is one of the serious issues concerning most income earners in the Philippines. Most taxpayers hesitate to pay the right amount of tax because &#8230;<\/p>\n","protected":false},"author":4,"featured_media":198,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=\/wp\/v2\/posts\/197"}],"collection":[{"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=197"}],"version-history":[{"count":1,"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=\/wp\/v2\/posts\/197\/revisions"}],"predecessor-version":[{"id":199,"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=\/wp\/v2\/posts\/197\/revisions\/199"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=\/wp\/v2\/media\/198"}],"wp:attachment":[{"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}