BusinessAccent.com: Man, mind, marketing, money and manners - Latest Comments

Re: 6 tips to skyrocket your blog traffic

usedtires — Tue, 24 Nov 2009 03:06:39 -0000

Two places from your list that I try to use on my personal blog is youtube and facebook, from my experience they have gotten me alot of referrals that have turned into consistent readers and followers of my blog, which makes me one very happy person =D

Till then,

Jean

Re: How to compute percentage tax in the Philippines

viclogic — Tue, 24 Nov 2009 01:17:01 -0000

Hi Salon2009,

First of all, a lease agreement should be evidenced by a contract of lease. There, the stipulations are stated (e.g., fee, terms, tax, etc). Assuming you are renting for business purposes, you, as a lessee is required by BIR to withhold (5%) witholding tax on income payments from rental fee. You are right in saying that the lessor is the one who earns income, and the one who is liable to BIR an income tax. That's why the BIR requires lessee to deduct a 5% withholding tax on monthly rent income that you will pay to the lessor. To make this clear, let us say for example, your gross monthly rent is 20,000. You should withhold 5% of it (1,000) and remit monthly to BIR using BIR form 1601E as discussed in my previous answers on the previous questions. Thus, you will only pay the lessor an amount of P19,000, which is net of 1,000 withholding tax (remitted to BIR). The lessor, in return will ask you for the certificate of withholing tax, which he will use to claim against his Income tax when he file and pay it to the BIR.

I just don't know what is the reason of the additional 1,000 your lessor is charging you every month. It can be an allowance to cover the tax that will be incurred by the lessor. Or it can be another allowance which can be returned to you after a period of time. I would recommend reading and examining your contract of lease with your lessor to determine the clear stipulations stated in there, and find out if they are fair and square.

Re: How to compute percentage tax in the Philippines

salon2009 — Mon, 23 Nov 2009 23:08:19 -0000

Hello,hope you can help me answer this tax question.I am renting a space in paranaque for 20k/month.The buildong owner said to pay her total of 21k for tax and she will refund it to me after 12 months.In my understanding,she will refund me total of 12k at the end of the year.Question is, what is that tax fee for?should it be the lessor should pay the tax since that rental is really her income?pls reply.thanks.

Re: What is Viral Marketing?

Buyutucu — Mon, 23 Nov 2009 06:38:51 -0000

It is something that spreads through word of mouth almost infectiously like a virus where if one person sees it, instantly that person transfers it to someone else.

Re: Viral Marketing and the Word of Mouse

Buyutucu — Mon, 23 Nov 2009 06:37:04 -0000

wow is nice and good information in ur blog my friends.....

Re: Philippines’ Top 25 Blogs of 2009

Buyutucu — Mon, 23 Nov 2009 06:36:03 -0000

Nice list. I just hope someday myb log would be included in this list. :)

Re: How to compute 13th Month Pay: DOLE Philippines

naganigi — Mon, 23 Nov 2009 06:31:30 -0000

Its good and very informative article. Its very useful for all of us. thanks for sharing it.

Re: How to compute 13th Month Pay: DOLE Philippines

noradeguzman — Mon, 23 Nov 2009 00:55:18 -0000

what about the employee who started on july 15, 2009?
can i receive my 13th bonus? my company (government) not giving me becouse i started only last july 15, 2009 but in a permanent position

Re: How to compute 13th Month Pay: DOLE Philippines

assenav — Sun, 22 Nov 2009 15:08:57 -0000

Maternity leave is a BENEFIT. In legal parlance, benefit is something given "in addition to" the basic pay that an employee usually gets. Hence, it is NOT part of the basic salary.

Re: Philippines’ Top 25 Blogs of 2009

viclogic — Sun, 22 Nov 2009 14:05:23 -0000

Thanks Dexter,

I know you will make it in the 2010 list.

Re: Philippines’ Top 25 Blogs of 2009

dextertechathandnet — Sun, 22 Nov 2009 07:23:48 -0000

Nice List.. I visited some site that I have not yet visited even once

Re: How to register thy business in the Philippines

nazcar — Sun, 22 Nov 2009 04:35:29 -0000

great info. thanks.

Re: How to compute 13th Month Pay: DOLE Philippines

assenav — Sun, 22 Nov 2009 00:08:13 -0000

The “basic salary” of an employee for the purpose of computing the 13th month pay shall include all remunerations or earning paid by this employer for services RENDERED. The basic rule in determining compensation is: NO WORK, NO PAY. During suspension, you are not rendering any services and is not paid for any work done. Therefore, that one month period is excluded.

Re: How to compute 13th Month Pay: DOLE Philippines

assenav — Sat, 21 Nov 2009 23:59:43 -0000

Rachelle,

You may want to read our article on "Philippine Laws for Women at Work."
http://businessaccent.com/2009/11/16/philippine...

Re: Overtime pay laws and computation in the Philippines

assenav — Sat, 21 Nov 2009 23:20:49 -0000

anna said: "if this is the case, in terms of their pay, these 2 employees are not considered "managerial employees" as defined by DOLE because they receive holiday pay and OT."

the fact that they are given OT pay or other benefits normally for other types of employees, does not matter - what is important is the nature of their functions.

"managerial employees" are not always called "managers," they can be designated in many names but what makes them managerial is the kind of work they perform in the establishment.

Managerial employees, as defined by law are those:
1) whose primary duty consists of the management of the establishment in which they are employed or of a department or subdivision thereof; [they formulate policies]
2) who customarily and regularly direct the work of two or more employees therein; [they execute management policies]
3) who have the authority to hire and fire employees of lower rank, or their suggestions and recommendations to hiring and firing and as to the promotion or any other change of status of other employees, are given particular weight. [they can impose disciplinary actions]

Your office staff may fall under any of these categories.

anna said: "i am just confused with their classification and therefore what factors to use."

Whether your office staff is monthly paid or daily paid will depend on your company policy or what is stipulated in their employment contracts.

Managerial employees are not covered by the Labor Code provisions on hours of work, holidays, overtime, etc. (Book III, Title I, Labor COde). This is because the nature of their work and the skills, knowledge or expertise they use justly requires higher rates of compensation.

Assuming you consider your managerial employees as monthly paid (which is usual for high-paying jobs), Monthly paid are those paid every day of the month including unworked rest days, special days and regular holidays. BUT NOTE of the words UNWORKED REST DAYS and HOLIDAYS. This does not include UNWORKED WORKING DAYS.

The basic principle governing compensation in the Philippines is "NO WORK NO PAY." Thus, if they are absent on any WORKING day, then they should not be paid. This is based on the 2004 Supreme Court case of Odango vs. NLRC which says that the principle of "no work, no pay also applies to monthly-paid employees. Otherwise, it would be unfair for the employer to be paying for something which the employee did not work for.

Re: How to register thy business in the Philippines

Philippine Partnership — Sat, 21 Nov 2009 09:00:38 -0000

If you do not want to have 5 directors you can open a partnership in the Philippines. Only 2 partners are required. One can be a limited partner which limits that partners liability. Partnerships are taxed like corporations.

Re: Business Ideas No.1: Building your Virtual Estate

teachtw — Fri, 20 Nov 2009 17:47:52 -0000

Interesting post. I have stumbled and twittered this for my friends. Hope others find it as interesting as I did.

Re: 6 tips to skyrocket your blog traffic

viclogic — Fri, 20 Nov 2009 12:36:31 -0000

Thanks John for sharing your idea. That's right, submitting to article directories like EzineArticles, is one best way to gain traffic. Actually I do that. It's not only giving you traffic but also increases your backlinks. But as I said, quality first. Meaning, you need to submit quality articles - so it will be loved by whoever it will read. That's the beginning of traffic and popularity.

Re: 6 tips to skyrocket your blog traffic

viclogic — Fri, 20 Nov 2009 12:32:38 -0000

Hi RTF,

Thank you for the visit. And thanks a lot for sharing your additional insights. Just as I said quality first. In my blogging experience Google is my no.1 top referrer of visitors, next is stumbleupon. The key to success in social network like Stumble and Twitter lies on what you share on the community. I have some articles that were stumbled, they are giving me thousands of visitors every month. People will stay reading at your page to read your particular content when they are made at best. This is the reason why I don't share all of my articles to social sites. I only select the best.

BTW, your content in stumble, relies on the visitors who will click that "like" button in their stumbleupon toolbar. The more people will like it, the more visitors will coming to your blog. So - quality of the content is the key to that.

Re: Business care and precaution

Teeth Whitener — Fri, 20 Nov 2009 11:11:51 -0000

I think these businesses need our help. We spend so much money on welfare for lazy people but wont help out a big company? these companies put much more into the system the most people do.

Re: 6 tips to skyrocket your blog traffic

Teeth Whitener — Fri, 20 Nov 2009 11:09:21 -0000

One way to bring traffic to your site is to write articles relevant to your niche and submit them to online article directories and e-zines. Articles are an inexpensive, easy way to reach your target audience and generate more traffic.

Re: 6 tips to skyrocket your blog traffic

RTFVerterra — Fri, 20 Nov 2009 01:23:05 -0000

Hi Vic, nice article. Traffic is traffic, no matter where they came from, it is still traffic, and we long for it in our blog. The problem with social networks to drive traffic to your site is the bounce rate. I tried many of the social networks you mentioned but I think it's a waste of time. If you stop doing it, traffic won't come, and if you are engaging with it, traffic will come but sadly with high bounce rate. Digg and stumble upon traffic landed to your site only in a few seconds and most do not bother to look at your other pages. The most unfortunate thing is that they don't convert. Twitter is better in conversion than any other social network I've known, at least in my own experience. If you promote some product, tweeters are buying it like crazy, but its all number games, the more the followers, the higher the sales.

SEO is the best, nothing will beat it. Good content and right keywords are the driving forces for a better revenue. All are my personal view based on my experience, so no big deal.

Re: How to compute 13th Month Pay: DOLE Philippines

Ernesto Javines — Thu, 19 Nov 2009 22:07:06 -0000

Hi! Good day! Does one-month suspension can be deducted in computation of 13th month? Please enlightened me. Thank you so much.

Re: How to compute 13th Month Pay: DOLE Philippines

Rachelle — Thu, 19 Nov 2009 04:57:03 -0000

even SSS Maternity benefit were advanced by employer. Is she entitled to have a (2) weeks maternity leave and 4 weeks after normal delivery? THank you!!!

Re: How to compute 13th Month Pay: DOLE Philippines

nemargalvez — Thu, 19 Nov 2009 02:41:50 -0000

Thank you very much..