Reported 10 months ago
Many corporations use corporate credit cards to advance business expenses, and since the National Taxation Bureau announced in January that profit-making businesses can pay various taxes by card, corporate cards have become an alternative tax payment tool. According to Mega Bank's statistics, the top three spending categories on corporate credit cards are travel, wholesale stores, and transportation, all showing 30% to 50% annual growth, indicating a post-pandemic industry recovery. Besides tax payment convenience, using corporate credit cards wisely can bring high benefits to businesses, including cash back rewards and simplified financial management. Companies are advised to make the most of this payment method as it provides various advantages and benefits.
Source: YAHOO