Tax Paying Form BIR51/BIR52: Changes in Company Ownership. Do they belong on the Tax Return?

Let’s say your company has changed from a partnership into a sole proprietorship. Should this change be reported in the Profits Tax Return? And here is what you should do: The profits/(loss) of the business for the full basis period of the year of change should be reported in the Profits Tax Return (BIR52) for …

Tax Paying Form BIR51/BIR52: Financial Statements for More or Less Than 12 Months – How To Complete The Financial Data?

So you have prepared the financial statements for a period of more or less than 12 months and are wondering how to complete the items of financial data? And whether the amounts should be apportioned or grossed up to show figures for a 12-month period? The answer is it is not necessary to apportion/gross up …

You Can’t Miss This! Business Model Generation Workshop Jan 4th

Do you have a business idea, but are not sure where to start? Do you have a business, but want to clarify or improve your business model? Do you want to find new ways of operating your marketing activities? Then, we are happy to invite you to this month’s Business Model Generation Workshop. The model …

Best Business Books of 2013 (by Forbes)

2013 has officially left the building. But it has left us a lot of great things.  F. e. – The top 10 business books (as listed in a Forbes article of Dec 16th) The Billionaire and the Mechanic: How Larry Ellison and a Car Mechanic Teamed Up to Win Sailing’s Greatest Race, the America’s Cup, …

How To Choose The Right Flowers for The Right Occasions

We give flowers to each other for a number of reasons. They are traditional, fragrant and simply pretty. But I have to admit that sometimes I have a hard time figuring out what flowerd to get and what the flowers can say. It turns out that: Bright-coloured flowers are usually given for birthdays and anniversaries. …