Now that you get a picture of what you’re in for from the previous post, “Who wants to be a Filipino Doctor?” Let’s discuss what you need to do to get in. In general, you will undergo two phases, first, the initial screening whereby you should submit all the needed documents. If you pass the…
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Who wants to be a Filipino Doctor? FAQs on Top 20 Philippine Medical Schools’ Tuition Fees
Do you have what it takes? Did you always have that dream of being in a white gown, with stethoscope draped on your neck while you attend to some patient in your clinic? Or have you tried imagining yourself in an emergency room in action, armed with your skills in surgery, and knowledge in the…
Why are Most Filipino Doctors not RICH? Top 5 Obstacles Keeping Filipino Doctors from Becoming Wealthy
Almost every person in the Philippines thinks ALL doctors are RICH. But honestly speaking, doctors are the most underpaid professional, especially the ones in training. Imagine, a resident physician getting paid 12,000++ pesos per month, doing 36 hours duty every other day? And even after residency, most doctors, especially the underprivileged ones don’t get to…
Part 4: Penalties for late filing of Income Tax Return for Doctors FILIPINO DOCTORS AND TAXATION
It’s now April, summer vacation and tax time! To my fellow doctors, please don’t forget to file for Income Tax Return on or before April 15 to prevent penalties. There are three kinds of charges or penalties in the late filing of Income Tax Returns, namely: Surcharge Interest Compromise Case #1: This is a case…
FILIPINO DOCTORS AND TAXATION Part 3: How to file INCOME TAX RETURN as a Physician
Here is the Part 3 of my series on Filipino Doctors and Taxation. The most awaited topic. “How to file Income Tax Return (ITR) as a Physician?” As a gentle reminder, the deadline for filing your Income Tax Return from the previous calendar year is on April 15 of the following Year. So please…