R. Talaba Accounting Firm - Cebu

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𝐕𝐀𝐓 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 𝐨𝐟 𝐋𝐢𝐭𝐬𝐨𝐧𝐠 𝐌𝐚𝐧𝐨𝐤

The sale of chicken, which has undergone the simple process of roasting, on a take-out basis, is covered by the VAT exemption.

If the roasted chicken is for dine-in, then it will be subject to VAT. (BIR Ruling)

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You thought you were building a company.

The company was building a founder.

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BANK TRANSACTION FEES UPDATE

READ: https://l.cdn.ph/SD37Qr

LOOK: Here’s the list of banks that have made changes and updated their policies and transaction fees following BSP’s new circular, as of July 9, 2026.

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“Mahirap walang pera,” Naty Cheng says. Naranasan namin maging mahirap. Noong maliit kami, minsan two times a day lang kami kumakain. Minsan, uutang pa kami sa kapitbahay.” Now Uratex, the company she and her husband founded, is the largest and most dominant foam manufacturer in the Philippines, with a 70 percent market share.

R. Talaba Accounting Firm is now HIRING interns / OJTs with accounting related courses.
Send us a message here to apply.

BIR Deadlines for July 2026:

July 10 - BIR Form 1601C (WC) Withholding Tax on Compensation for June 2026

July 25 - BIR Form 2550Q Quarterly VAT for 2nd Quarter 2026 + VAT RELIEF (SLS/SLP)

July 25 - BIR Form 2551Q Quarterly Percentage Tax for 2nd Quarter 2026

July 30 - BIR Form 1601EQ (WE) Withholding Tax Expanded for 2nd Quarter 2026+ QAP

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The reason most people don’t hit their goals is they try to do too much at once. 💪🏼

I’ve built five companies and none of them went from zero to finished overnight.

You stack wins.

One step leads to the next, and before long you’re somewhere you couldn’t have imagined when you started.🔥