Taxumo

What Taxumo is

Taxumo is a tax service for individuals and businesses in the Philippines, with tools for managing income and expenses, calculating tax, and handling tax returns. It covers income tax, value-added tax, percentage tax, and withholding tax. The listed capabilities also include sales tax calculation, tax registration, automated return filing, and API access. Taxumo is based in Taguig, Philippines, and its listed platform is API.

The Free plan costs nothing and includes income and expense management plus real-time tax calculation. It excludes tax form preparation, filing, and payment. Other plans address different tax situations. The 8% Plan is for non-VAT individuals using the 8% income tax rate and includes income tax filing and forms 1701Q, 1701A, 0605, 2551Q, and SAWT. The Micro Plan is for non-VAT individuals under graduated rates and includes withholding tax support and forms such as 1701Q, 1701A, 2551Q, and 0619E. The SMB Plan covers VAT individuals and partnerships or corporations, with forms for VAT, income, percentage, and withholding tax. Taxumo Timeout is for non-operational businesses and provides automatic filing for zero income, expenses, and tax forms.

Who it suits

Taxumo suits Philippine individuals and businesses looking for tax calculation, return filing, or tax registration support across the listed tax types. The Free plan can suit people who need income and expense management or real-time tax calculation without filing services.

Limits

The Free plan excludes tax form preparation, filing, and payment. It includes income and expense management and real-time tax calculation.

Getting started

1. Visit the Taxumo website.
2. Choose the plan matching your tax situation: Free, 8%, Micro, SMB, or Taxumo Timeout.
3. Use the Free plan for income and expense management and real-time tax calculation.
4. For tax form preparation, filing, or payment, review a plan whose listed scope includes the relevant service.

Verdict

Choose Taxumo if you need tax tools for one of its listed Philippine tax situations, especially automated return filing or real-time calculation. The Free plan covers management and calculation, while the 8%, Micro, SMB, and Timeout plans address different filing needs. Someone who needs filing services should look at a plan that includes them, since the Free plan excludes filing.