Summary: <p>"As a freelancer, do I really need to register my business? I have international clients, do I still need to pay for tax? What information do I need to know first before registering my business?"</p> <p>These are just many of the common misconceptions about paying taxes and registration among freelancers, agency owners, and even entrepreneurs that stop them from registering their businesses. </p> <p>In this episode, we will talk about the basic information of understanding business compliance and how it can affect you as a business owner long term. The goal is not to teach you how to DIY stuff but aim towards helping you make decisions and work on your mindset in terms of taxes.</p> <p><br></p> <p><strong>Here are some key points in this episode:</strong></p> <p>03:11 The common misconceptions about tax and registration</p> <p>04:18 Our duty as business owners to pay taxes</p> <p>07:48 If you want to grow big, you start right</p> <p>09:26 The benefit of having an ITR </p> <p>14:01 where do you start? </p> <p>21:35 Tax Rates</p> <p>25:48 Why do I have to pay so much? </p> <p>26:41 Basic tax type </p> <p><br></p> <p><strong>About Cecil Maglunob:</strong></p> <p>Cecil Maglunob Pagaspas is a CPA in Public Practice assisting Micro-Small Entities and SMEs in company set-up and business compliance. She's one of the partners G.Pagaspas & Co. CPAs. She's also the VP Operation of Tax and Accounting Center Inc.</p> <p>Links Mentioned:www. taxandacctgcenter. com </p>
