PART 2 - Understanding your BIR Registration - NONVAT (8% vs OSD vs Itemized)

PART 2 - Understanding your BIR Registration - NONVAT (8% vs OSD vs Itemized) PS, I forgot to try different sales figures, you may try to compute other comparative sales P1M up to 2.9M, and you will find out that the 8% is still the best to choice if you have few expenses. Now, if you can substantiate more expenses, then choose itemized deduction. If you want convenience and lesser or zero worries, go for 8%.