2024-04-04 09:48
In the fast-paced world of business, keeping pace with the latest accounting tools is essential for effective financial management. For Philippine business owners and accountants, embracing… Read More
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Cloudcfo Blog - Free Insights On All Things Finance In The Philippines! Blog
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In-Depth Insights on all things accounting, bookkeeping, tax and finance-related in the Philippines!
2024-04-04 09:43
In a recent milestone on Philippine taxation, President Ferdinand Marcos Jr. signed the new Ease of Paying Taxes Law by President Ferdinand Marcos Jr. This landmark legislation marks a sign… Read More
2024-04-04 09:31
Managing payroll can be a daunting task for small and medium enterprises (SMEs) and startups in the Philippines, plagued by a myriad of challenges that demand time, attention, and precision… Read More
2024-04-04 08:48
In the dynamic world of startups, the allure of expanding globally presents both thrilling opportunities and formidable challenges. For foreign owners of startups eyeing expansion, particul… Read More
2024-04-04 03:25
As we enter the second quarter, we give you full access to our April 2024 Tax Calendar.
Staying on top of your tax game is key, especially with April bringing in its own set of must-dos… Read More
2024-04-02 08:37
The Bureau of Internal Revenue (BIR) recently announced several tax changes for 2024 that clients and business owners should take note of. Two Revenue Memorandum Circulars (RMC) have been r… Read More
2024-04-02 07:54
Navigating the intricate landscape of labor regulations in the Philippines demands a keen understanding of the recent revisions to the Implementing Rules and Regulations (IRR) on the Servic… Read More
2024-03-12 08:31
The Bureau of Internal Revenue (BIR) recently released Revenue Memorandum Circular 36-2024 on March 11, shedding light on the computation of Minimum Corporate Income Tax (MCIT) for the taxa… Read More
2024-02-28 03:58
As we step into the final month of the first quarter, we give you full access to our March 2024 Tax Calendar. It’s imperative to stay ahead of your tax responsibilities and March bri… Read More
2024-02-21 10:13
In the dynamic landscape of global business, the Philippines stands as a beacon for entrepreneurs seeking unparalleled opportunities in the booming Business Process Outsourcing (BPO) indust… Read More
2024-02-08 06:52
The Department of Labor and Employment (DOLE) has issued the revised implementing rules and regulations (IRR) of the Republic Act (RA) 11360 or the Service Charge Law, which now covers a br… Read More
2024-02-07 09:03
The Bureau of Internal Revenue (BIR) recently issued Revenue Memorandum Circular (RMC) No. 5-2024, clarifying cross-border services’ tax treatment. This circular stems from the Suprem… Read More
2024-02-01 05:54
In a recent announcement, Pag-IBIG Fund has implemented a contribution increase for both employees and employers, set to take effect in February 2024. This adjustment, designed to double sa… Read More
2024-01-30 03:01
Welcome to CloudCfo’s February 2024 Tax Calendar! As we dive into a new year filled with promise and change, businesses must stay ahead of the curve, especially with the dynamic shift… Read More
2024-01-23 03:29
In a momentous turn of events for the Philippine tax system, President Ferdinand R. Marcos, Jr. signed the groundbreaking Ease of Paying Taxes Act (RA 11976) into law on January 5, 2024. Th… Read More
2024-01-17 08:33
The Bureau of Internal Revenue (BIR) announced that online merchants/sellers with earnings amounting to more than P500,000 annually are now subject to a 1% withholding tax.
BIR Revenue… Read More
2024-01-12 08:21
In a transformative move set to redefine the business taxation landscape, the Bureau of Internal Revenue (BIR) has announced the cessation of the Annual Registration Fee (ARF) collection fr… Read More
2024-01-09 07:37
Heads up, employers! PhilHealth contributions are set to increase to 5% from the previous 4% of the monthly basic salary. This comes after an announcement that the Philippine Health Insura… Read More
2024-01-05 09:32
Happy New Year!
The brand new year presents a golden opportunity! This January marks a fresh start—a chance to review, strategize, and ensure that financial matters are in impecca… Read More
2024-01-03 05:58
In the dynamic world of business finance, the terms “accounts payable” and “accounts receivable” are more than just entries on a balance sheet—they’re th… Read More
2023-12-01 09:23
As the calendar pages turn to December, the time has come for startups and business owners to meticulously navigate their year-end tax obligations. CloudCfo presents your essential December… Read More
2023-11-29 06:48
In the dynamic and often unpredictable world of business, regularly assessing your financial health is not just an option but an absolute necessity. Just as a ship’s captain relies on… Read More
2023-11-17 05:49
Are you a small or medium-sized business owner? Do you find yourself wrestling with financial challenges that are causing you sleepless nights? Fear not, as Investree and CloudCfo have arri… Read More
2023-11-06 02:29
As the calendar flips to November, we find ourselves in a season of change, reflection, and most importantly, gratitude. Regardless of whether you’re a business owner, a professional… Read More
2023-10-24 05:58
As the nights grow longer and Halloween approaches, small and medium business enterprises and startups must confront their own set of financial management scares. In the accounting world, t… Read More
2023-10-16 04:02
In the ever-evolving and fast-paced landscape of creative agencies, imagination, and innovation is the name of the game. In this arena, Octopus&Whale stands as a shining beacon of creat… Read More
2023-10-04 07:36
As we enter the fourth quarter of the year, it’s essential to stay informed about your tax responsibilities. This will not only lead to a hassle-free holiday season but also set you o… Read More
2023-09-29 08:31
As the month of September ends, it’s an opportune moment for boutique beach resort owners in the Philippines to revisit their tax planning strategies for the year ahead. With the firs… Read More
2023-09-04 04:32
We are thrilled to bring you CloudCfo’s September Tax Calendar, a comprehensive guide meticulously crafted to keep you, our valued clients, on the path to financial success. In busine… Read More
2023-08-18 08:12
Welcome to our comprehensive pillar page, your go-to resource for understanding percentage tax’s impact on Philippine businesses. This guide serves as your ultimate resource to grasp… Read More
2023-08-10 02:43
Despite facing setbacks brought about by the pandemic, the Food and Beverage (F&B) industry in the Philippines has showcased resilience, demonstrating year-on-year growth in recent year… Read More
2023-08-03 03:03
Do you want a more convenient and easy way to file your taxes? If so, then you need to check out the BIR Online Registration and Update System (ORUS). A web-based system that allows taxpaye… Read More
2023-07-28 02:05
We are excited to present CloudCfo’s August Tax Calendar, a comprehensive guide designed exclusively for you, our esteemed clients. As a business owner, you understand the significanc… Read More
2023-07-06 01:00
The Regional Tripartite Wages and Productivity Board in the National Capital Region (NCR) has recently issued Wage Order No. NCR-24, approving a significant minimum wage increase for worker… Read More
2023-07-05 06:28
In today’s business environment, CloudCfo, a leading provider of cloud accounting solutions, commits to ensuring that your business receives the highest level of service. By harnessin… Read More
2023-07-03 00:49
As we step into July, taxpayers find themselves amid a jampacked period of financial responsibilities. Welcome to the July Tax Calendar, your comprehensive guide to navigating the intricaci… Read More
2023-06-19 08:43
Expanding your business and venturing into new markets can be both exciting and challenging. If you are considering setting up shop in the Philippines, it’s essential to be well-prepa… Read More
2023-06-15 02:57
Starting a business in the Philippines can be an exciting endeavor, but navigating the bureaucratic processes of online business registration can be overwhelming. Fortunately, with the adve… Read More
2023-06-08 13:50
We had an incredible time at the First Compensation and Benefits Conference held at the Marco Polo Hotel, Ortigas on June 1 and 2. CloudCfo was honored to be part of this exceptional event… Read More
2023-06-05 05:37
Here’s the June 2023 Tax Calendar to welcome the month of June. This is to help business owners to navigate the ever-changing landscape of tax regulations and obligations and to stay… Read More
2023-06-02 03:44
CloudCfo and Plentina, a fintech startup accelerating access to credit in emerging markets that enable consumers to build their credit history while making easier payments to their favorite… Read More
2023-05-16 09:45
Running a business comes with numerous responsibilities, and managing payroll is one of the critical tasks that can be both time-consuming and complex. However, by outsourcing payroll funct… Read More
2023-05-03 07:35
As we welcome the new month of May, businesses may expect a busier month. But don’t fret! Here’s CloudCfo’s Tax Calendar for 2023 to help you stay on top of your tax compl… Read More
2023-04-18 09:08
In a move to make financial management easier for businesses, most especially startups and SMEs, in Southeast Asia, CloudCfo adds Spenmo to its ecosystem of accounting and finance managemen… Read More
2023-04-13 02:50
With the boom of the business processing outsourcing industry in the Philippines, more and more foreign companies have started to set up shop in our shores. With that, related party transac… Read More
2023-04-04 16:11
It’s that time of year again, and tax season is upon us.
We all know that it’s important to stay on top of your tax obligations to avoid penalties and fines. And because Clou… Read More
2023-03-28 10:13
The Bureau of Internal Revenue recently released Revenue Memorandum Circular No. 32-2023, which details guidelines for filing and payment of the annual income tax return for 2022. Here&rsqu&helli…Read More
2023-03-23 05:27
Want to hear incredible insights and how Accounting 2.0 works?
CloudCfo Founder and CEO, Mickael Cardoso was a recent guest on the RJ Ledesma Podcast, a platform to get inside the… Read More
2023-02-22 00:22
Whether you’re a small business or a large enterprise, purchase orders can help the efficiency of your operations. Aside from organizing your orders, this document can protect you fro… Read More
2023-02-15 23:58
Accounting is the systematic recording of a business’s financial transactions. The process is crucial because it gives organizations accurate information regarding their income and ex… Read More
2023-01-30 06:08
With the world becoming increasingly digital, people and businesses daily engage in various virtual activities, including compliance practices. For instance, big and small businesses are le… Read More
2023-01-24 00:51
Today’s digital age makes it convenient to pay bills and other things online, including Social Security System (SSS) contributions. Keeping your SSS payments on track helps secure you… Read More
2023-01-10 09:01
Heads up, employers and employees. Here are the compensation and payroll updates in 2023 that you should take note of. First, the Bureau of Internal Revenue has implemented lower tax rates… Read More
2023-01-10 06:42
Filipinos earning purely compensation income are set to have more spending power in the coming months, thanks to the new tax rates for 2023 implemented by the Bureau of Internal Revenue (BI… Read More
2023-01-08 23:00
Many Filipinos are entering the eCommerce market and launching businesses, thanks to the ease of setting up one and ever-growing market demand. Of course, you can explore entrepreneurship t… Read More
2022-12-12 22:30
Paper invoices are becoming a relic of the past. Because of the ease and convenience that an online electronic invoice (e-invoice) offers, it’s only a matter of time before companies… Read More
2022-12-09 04:48
As a business owner, one of your primary responsibilities is to educate yourself about the Bureau of Internal Revenue (BIR) processes and respond to communications promptly—especially… Read More
2022-11-23 07:00
As living costs continue to rise worldwide, there’s no doubt that a global recession is looming. Essential commodities and services are getting harder to afford, making life difficult… Read More
2022-11-18 01:00
Aside from identifying your products or services and building your team, selecting a business structure is essential when starting a brand. Getting its specifics straight makes your company… Read More
2022-10-27 01:00
In the Philippines, you might notice many establishments carry a sign that says, “Ask for Receipt.” Meanwhile, when running a business, chances are a vendor has told you, &ldquo&helli…Read More
2022-10-25 02:37
“Bahala na,” which translates to “Come what may,” is a popular expression among Filipinos that can be associated with spontaneous decisions. This mindset is the oppo… Read More
2022-10-19 01:48
There are many things businesses concern themselves with when it comes to government-related tasks in managing a company. Apart from the usual employee benefits applications and business pe… Read More
2022-10-12 04:00
Technology developer Christian Huitema once said, “We now have a new checklist item before going out to dinner: We make sure that none of us is carrying a phone.” This statement… Read More
2022-10-07 02:22
At CloudCfo, we’re big on helping our customers cut back on tasky documents uploading and increase efficiency by providing full transparency on workflows.
In this update, we… Read More
2022-10-06 03:26
In the last few years, countless startups and small-to-medium-sized enterprises (SMEs) transitioned to operate some of their main business functions digitally.
In the Philippines, 94% of… Read More
2022-09-28 05:33
Technological advancements are continuously present in the workplace for ease of use and added convenience to a business. Some developments have even grown more in demand in recent years… Read More
2022-09-19 02:00
As a new business owner, you need a specific focus to stay on top of everything. From serving customers and managing the team to growing the business, there’s a pressure that comes wi… Read More
2022-09-06 05:00
Dealing with the financial aspects of running a business is challenging. On average, small business owners in the Philippines spend around ₱85,351 during their first few months of ope… Read More
2022-08-31 06:00
Numerous transactions and documents come with running a business, which can sometimes get overwhelming. However, recording and keeping them organized are crucial, especially during the audi… Read More
2022-08-18 04:00
The COVID-19 outbreak has undoubtedly rattled businesses across all industries as lockdowns, restrictions, and consumer uncertainty plagued the market for more than two years.
To c… Read More
2022-08-10 05:00
There are not many things in life as certain as taxes. Taxes are one of the many responsibilities individuals and businesses share to help improve the country’s economy. But just… Read More
2022-07-21 05:00
When running a business, management of your finances should always be one of your high priority tasks. Here, your accounting team holds a significant responsibility as the data they generat… Read More
2022-07-15 05:00
If you own a retail business, you know how much work it takes to keep up with the demands of consumers. You have to make sure your products are fresh and exciting and that your brand stands… Read More
2022-07-08 04:54
We’ve been working harder than ever to ensure the ultimate engagement experience for our customers when using the CloudCfo Web App!
We are now really excited to introduce two… Read More
2022-06-22 05:00
Using business jargon is unavoidable. Whether you’re managing an IT team or formulating policies for the company handbook, technical terms may be necessary when exchanging vital infor… Read More
2022-06-13 05:00
In a small business, it’s important to have the right people in your team that move with you towards your vision.
One position that every industry requires is an accountant… Read More
2022-06-08 05:00
Running a business is a full-time commitment that requires strategic reevaluation and hefty planning. Since your company is still in its startup stage, it’s crucial to study up and pl… Read More
2022-06-02 05:00
Online shopping has become one of the world’s most popular digital activities, and it has continuously seen an upward trend even to date. According to a recent report, eCommerce will… Read More
2022-05-30 05:00
The accounting function is an integral part of any business, whether small, medium or large. While managing company accounts and books can be a technical and sometimes complicated process… Read More
2022-05-20 01:57
Selecting the right payroll solution for your business here in the Philippines can be a daunting task.
Do you engage a Payroll Service only? Do you subscribe to a Payroll System only? D… Read More
2022-05-13 02:16
CloudCfo now offers a fully-integrated payroll service and system, enabling Philippine businesses to manage all of their payroll requirements with one payroll provider and via one centraliz… Read More
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