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(Part 1 of 2) Lui is a sassy yuppie from Makati who loves to shop. A patron of the high-end stores in Greenbelt, Lui frequently buys stuff using her favorite Bank X Platinum credit card.

IN compliance with Sec. 40 of Republic Act No. 10963 or the Tax Reform for Acceleration and Inclusion Act, the Bureau of Internal Revenue (BIR) issued a tax advisory providing instructions for percentage taxpayers under Title V of the 1997 Tax Code.

The passage of Package 1 of the Tax Reform for Acceleration and Inclusion (TRAIN) law is considered by many a welcome change, particularly to individual taxpayers.

One of my favorite stories on gratitude is about a king and a servant who went on a hunting trip one day.

ONE look—and your heart starts pounding through your chest like a big bass drum.

The Department of Labor and Employment (DOLE) recently issued Labor Advisory No. 03, Series of 2018, providing the rules for pay during the special non-working days on February 16 and 25, 2018, pursuant to Proclamation No. 269, which covers companies that are observing the “no work, no pay” policy or the equivalent of 250 to 252 factor days in a year.

On this day 30 years ago, Punongbayan & Araullo was born, and I have since been with the company for almost half of those years. It was only fitting that “the firm with a big heart” was established on Valentine’s Day.

The start of the year has been good for taxpayers who are under investigation, as new tax rules introduced some changes that will benefit them. Changes such as the lowering of the deficiency interest rate, the no simultaneous imposition of deficiency and delinquency interest, and allowing the deduction of an expense for which necessary withholding tax was belatedly paid are sure to be of great help.