Tuesday, September 27, 2016

Your Tax Questions Answered #AskTheTaxMaven

Comments awaiting moderation on my posts on Income Tax Filing have reached over a hundred and I am having a hard time scrolling through the posts to answer the questions in the comment box because the comments have reached over 600 already.

To solve this, I will be publishing your tax questions every Tuesday under Taxation Tuesday.  You can reach out to me for any of your #taxquestions in my comment form with hashtag #AskTheTaxMaven.


Here are some of your #taxquestions:

Hi! I have a question.  I am employed by a company, but I was hired to be a model for a commercial.  The talent agency deducted 10% from my talent fee and they told me it represents tax on my talent fee.  How can I file my income tax on that talent fee? Thank you! Jet Silva on How to File Your Income Tax Return

You will be considered to have mixed income – meaning you have compensation income (since you are employed by a company) and professional income (talent agency hired you as their professional talent.  In this case, you will be required to file BIR Form 1701 on or before April 15 following the taxable year when you received your income.  You will declare your compensation income plus your professional income and deduct personal and allowable exemptions and deductions.  You can deduct from your Income Tax Due the tax withheld from your salary (Attach your BIR Form 2316) and the 10% deducted from your talent fee (BIR Form 2307 to be given by the talent agency to you). Please do take note that since you received income as talent agent, you may also be subject to VAT or Percentage Tax, as the case may be.

Saturday, September 24, 2016

Kamiseta Hotel: Enter Your Wonderland in Baguio City

(Shhh…for girls only…)

If you follow me in Instagram, you must have seen this post:

Inside these doors is a fairy tale #day30

A photo posted by Marie Bautista-Bulatao (@marie_1102) on

Because truly, behind these blue doors is a fairy tale.

Kamiseta Hotel

I mean, It.Is.Perfect.

For girly girls like us.

Here’s proof!

Monday, September 19, 2016

4 Types of Investments That Don’t Need A Lot Of Money

People always come to me saying they want to invest, but don’t know how to start.

Don’t worry.  I have been there. 

The toughest part in starting to invest is at the beginning. 

Some of the reasons may be that saving in the bank is as good as investing, they are afraid of getting scammed, they only have ‘sakto’ money and investments are only for the rich.

But you see, wanting to start investing but being scared at the same time won’t guarantee your future.  What you need to do is arm yourself with as much knowledge as possible (one way is to ahem – read my blog) and plunge into building your financial empire (don’t worry, it is my dream, too!).

Years ago, I thought that stocks are only for the wealthy, but nowadays, you can actually start investing at P5,000.00.  COL Financial offers COL Starter, an entry-level account suitable for long-term investments  with a minimum investment of P5,000.00. BPI Investments Online also offers the same at a minimum investment of P5,000.00.

So here are 4 Types of Investment That Don’t Need A Lot of Money:


1.     Mutual Funds