31/10/2026
❓ 𝐅𝐀𝐐𝐬 𝐰𝐢𝐭𝐡 𝐓𝐒𝐏
Q: What is Graduated OSD?
A: Graduated OSD (Optional Standard Deduction) is a tax computation method that allows self-employed individuals and professionals to deduct 40% of their gross sales or receipts as standard expenses, without needing to present receipts or expense documentation.
📌 Benefits of Graduated OSD:
✅ Simplified Tax Computation – No need to itemize actual business expenses.
✅ 40% Standard Deduction – Automatically deduct 40% of gross sales or receipts.
✅ Graduated Income Tax Rates – Apply the applicable graduated income tax rates of 0%–35% to the resulting taxable income.
❗ Important Reminder:
Even when using OSD, taxpayers must still comply with applicable BIR registration, filing, and payment requirements.
📌 Have more questions about your taxes and business compliance?
We've got you covered! Stay tuned for more FAQs or send us a message anytime.
𝐆𝐞𝐭 𝐢𝐧 𝐭𝐨𝐮𝐜𝐡 𝐰𝐢𝐭𝐡 𝐮𝐬 𝐭𝐨𝐝𝐚𝐲!
📞 Phone: 0927 233 9262 | +63 44 816 5575
📧 Email: [email protected]
📍 Malolos, Bulacan | Baliuag, Bulacan | Quezon City | BGC, Taguig
