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Use ORBYLE as your official CBA, complete with financial statements and BIR tax form guidance.
Itemized Deduction (3%)
Eight Percent (8%)
Optional Standard Deduction (40%)
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For micro taxpayers not VAT-registered. Simplified tax on gross sales/receipts.
NIRC Section 109 - 116
Optional tax for self-employed or professionals with gross receipts up to ₱3M.
NIRC Section 24 - 109, TRAIN Law
Deduction for business expenses under the regular income tax scheme.
NIRC Section 34 - 109