Articles about Taxes

Stay informed
Has a sales attendant or dealership recently tried to convince you to buy a brand-new car by saying there's a looming tax hike? Yeah, don't buy it. This isn't 2017 all over again.To keep car buyers informed
Do you agree?
Having a hard time because of higher fuel prices brought about by the Tax Reform for Acceleration and Inclusion (TRAIN) law? Don't worry, the Department of Energy (DOE) says, because it's a sacrifice for the benefit of the Philippines."We
It was inevitable
Well, we all knew it was coming. A report by CNN Philippines says that the Department of Finance (DOF) is warning consumers to expect higher fuel excise in the coming weeks. This comes off the heels of last year's drama,
Uh-oh
So it looks like next year's oil price hike might still be a go.According to a report by GMA News, the Duterte administration's economic advisers have done a 180 on its recommendation to suspend the increase of excise taxes
Thank you
Could the country's fuel price woes be coming to an end? If a new resolution filed in the Philippine Senate pushes through, they just might.Minority Floor Leader Franklin Drilon and Senators Francis Pangilinan, Bam Aquino, Risa Hontiveros, Antonio Trillanes,
Is the carmaker now in the clear?
The House Committee on Ways and Means has just announced the termination of its probe on Hyundai Asia Resources Inc. (HARI) stemming from the company's alleged violation of the Motor Vehicle Development Program (MVDP).The Korean carmaker's official
There's a provision in the TRAIN law
Apparently, the Tax Reform for Acceleration and Inclusion (TRAIN) law has a provision which would "freeze" the additional excise taxes levied on fuel products in the event crude oil hits the $80 per barrel mark.Senator Ralph Recto pointed this out in
Are prices getting out of hand?
The Philippine government might just suspend excise taxes on fuel products brought about by the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) law.According to a report by the Philippine Star, Malacañang is open to suspending the excise
Yay or nay?
How has 2018 treated your wallet so far? Ever since the government passed the Tax Reform for Inclusion and Acceleration (TRAIN) package into law, we've all had to make adjustments to our budgets, especially when buying cars and fuel. Some have
Here's what you guys have to say
So, the new Tax Reform for Acceleration and Inclusion (TRAIN) law has been in effect for a couple of months now. And we're certain some of you guys have noticed an increase in your monthly take-home pay.The extra cash
Need a new daily driver?
Subcompact sedans are supposed to be a go-to choice for car buyers looking for an affordable and reliable daily driver. But does this remain the case even after the recent implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law?
Slim pickings?
Unless you've been living under a rock since the beginning of the year, you probably know that the country's automotive landscape has changed quite a bit since we rang in 2018.This is largely due to the implementation of the
Adding spice to a winning formula
Over the past few years, AUVs have evolved from simple workhorses to the multi-purpose transports we know today. The Innova, which can trace its roots back to the dependable Tamaraw, is perhaps the best example of this. But why is this
Many models are still pegged at 2017 prices
Suzuki is the latest carmaker to reveal its updated 2018 prices, and those planning to buy the all-new Vitara aren't going to be too happy with what they see.Both the Vitara GL+ and GLX saw a P50,000
Price bumps across the range
Yup, another week, another updated price list for 2018. This time, it's from the folks over at Chevrolet Philippines. How we discovered this one, though, came as a bit of a surprise.Other car brands usually give us their new prices
Did your dream car take a hit?
BMW's official Philippine distributor has released its 2018 price list update. You're either going to be ecstatic or bummed depending on which model you've been eyeing.If you're a fan of the German carmaker&#
Some big changes
With four new vehicles and the GT-R Nismo launched this month, Nissan Philippines is off to a roaring start this year. Now the Japanese carmaker has revealed its new price list for 2018, and this will certainly set the tone for
Yes, our dream MX-5 is affected
As the first month of 2018 nears its end, another carmaker has released its updated price list to reflect the new excise tax under the Tax Reform for Acceleration and Inclusion (TRAIN) law.Mazda, whose lineup is considerably more compact than other
Is it allowed?
No, the buyer should not be liable for any increase in the purchase price brought about by the excise tax on cars taking effect before the car dealership delivers the unit. If the dealership fails to deliver the unit within the agreed
As expected, Ranger lineup now cheaper
If you've been planning to buy a Ford pickup truck to start 2018, boy do we have some good news for you. The American carmaker has just posted its 2018 price list on its website, and its popular Ranger lineup-
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    TGP Rating:
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    Starts at ₱