It is still not clear when this will be implemented due to COVID-19 related delays. The new rules will likely include a VAT annual sales registration threshold of PHP 3million (approx. €51,400 or $59,500).
Source: vatcalc.com
It is still not clear when this will be implemented due to COVID-19 related delays. The new rules will likely include a VAT annual sales registration threshold of PHP 3million (approx. €51,400 or $59,500).
Source: vatcalc.com
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