CREATE did not look this way when a new tax bill was first proposed and pushed for support but, as we would say in the office, good work is always revised. While no incentive is forever, there is wiggle room for incentives so long as your activity is in the strategic investment priorities plan SIPP for the year. Case in point is that registered enterprises whose five percent tax regime that will sunset in 10 years can technically reapply for incentives under the new regime of incentives, provided their activity is in the SIPP. And the fact that domestic market enterprises doing crucial things for the economy can now enjoy incentives like those enjoyed by exporters is just quite sensible. There are showstoppers and very disadvantageous rules that taxpayers and registered enterprises can be subjected to. There was a time when many corporate reorganizations and exchanges of properties, supposedly tax-free under the law, did not proceed or were held in suspended animation--not without cost to the economy, on account of expansion, job generation, and value creation that business plans could produce.
Business process improvement examples that you can use now
3 Apps to Help You Write a Business Plan
What does process improvement look like in your organization? Using the Kaizen method of continuous improvement encourages organizations to play the long game—the slow and steady. The focus is on small, frequent improvements to existing work processes, generated by all employees at all levels in an organization—not just managers and executives. When applied, it can improve every function of a business, from marketing to finance to the warehouse. You might have heard the term Kaizen in reference to The Toyota Way—a famous tale studied in business school.
Strategic BPI Plan for the 2019-2021 period
With your meaningful insights, help shape the stories that can shape the country. Sign up now! Philstar Global Corp. All Rights Reserved. My Profile Sign Out.