tag:blogger.com,1999:blog-6602978325520143060.post7861795399513831205..comments2024-03-05T21:41:01.861-08:00Comments on Philippines Properties 101: Filing Income Tax Return (ITR) in the PhilippinesAnonymoushttp://www.blogger.com/profile/18218631420741598169noreply@blogger.comBlogger51125tag:blogger.com,1999:blog-6602978325520143060.post-44182305411638709292013-10-06T02:28:11.208-07:002013-10-06T02:28:11.208-07:00Hi Benz! Wala po talaga tayong magagawa kundi mag ...Hi Benz! Wala po talaga tayong magagawa kundi mag register ng business, mag-file at magbayad ng tax. Ang magagawa nating magandang paraan ay ipaglaban ang karapatan nating magkaroon ng matuwid na pamumuno sa gobyerno. Mahirap din na gawin ang alam natin na masama o hindi tama, merun din silang tamang panahon, tingnan natin si Napoles, at ang mga senador na nagpakasarap sa pera ng bayan, sa isang iglap sinira nila ang pangalan nila. Marami pong business dyan na pwedeng subukan, focus po kayo sa foods business or anumang necessity ng tao para continuous ang ikot ng puhunan.<br /><br />@ Anonymous,<br />- Monthly Percentage Tax is 3% out of Gross Income (BIR Form 2551) depending on business or industry, refer at table of rates in this link..http://www.bir.gov.ph/taxinfo/tax_percnt.htm <br /> - Monthly Withholding Tax from your employees Withheld taxes (BIR Form 1601-C : Monthly Remittance Return of Income Taxes Withheld on Compensation) as you are required to file as employer, or any withheld taxes creditable or not to income tax due. <br /> - Quarterly Income Tax Return (BIR Form 1701Q) and Annual Income Tax Return (BIR Form 1701) - pls refer to respective forms and we have sample layout computation above for your reference. The only difference I think is the applicable exemptions which is applicable only for annual.<br /> <br />Thanks for viewing!Anonymoushttps://www.blogger.com/profile/18218631420741598169noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-20484244411079924982013-10-03T01:42:11.409-07:002013-10-03T01:42:11.409-07:00Hi Jerome, thanks it is very informative. But I am...Hi Jerome, thanks it is very informative. But I am still at a lost. I have this laundry business which started its operation last June 2013. We have not filed anything with the BIR. But our Certificate of Registration says we need to file the ff: Quarterly income tax return, monthly percentage tax return, monthly witholding tax return, annual income tax return. Now how do I do that? The business is till not picking up, since June 2013, we have incurred losses due to the high rentals we pay for the space. Can you recommend any accountant to discuss this with us please. For a minimal fee I hope because we are not really earning yet. Thanks<br /> Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-3058198855311634322013-10-01T03:24:47.992-07:002013-10-01T03:24:47.992-07:00hi jerome, sana masagot mo tanong ko :-)
plan ko k...hi jerome, sana masagot mo tanong ko :-)<br />plan ko kc put up lending business sa provins namin. gusto ko sana iregister sya sa dti at kumuha me ng business permit. as per business coach and entreprener pwede nman mag put up ng micro lending as single proprietorship bsta hwag lang gamitin yung "lending" at "finance" na word sa business name. ngayon ang tanong ko, need ko pa ba mag file ng ITR? eh 4% interest lang a month yung computation ko sa loan na ibibigay ko sa mga borrowers? ano po ba maganda ko gawin? need ko pa ba iparegister lending business ko??? eh yung 5/6 bombay bakit nkakalat lang jan sa tabi tabi, hndi naman hinuhuli ng gobyerno. thanxbenzhttps://www.blogger.com/profile/10390729594915042328noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-88703879674887417932013-09-28T19:49:25.100-07:002013-09-28T19:49:25.100-07:00If you are employed then ask at your HR, if not an...If you are employed then ask at your HR, if not and have filed personally at BIR then at your RDO Office but I think if would take certain time. Anyway, latest ITR is for 2012. ThanksAnonymoushttps://www.blogger.com/profile/18218631420741598169noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-68188026366300177342013-09-26T06:18:57.206-07:002013-09-26T06:18:57.206-07:00Hi! I'd like to ask how to get a duplicate co...Hi! I'd like to ask how to get a duplicate copy of my 2013 ITR. Thanks!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-2538791219314047732013-08-19T17:13:23.207-07:002013-08-19T17:13:23.207-07:00Sir, how much po penalty pag late filing ng 1702Q....Sir, how much po penalty pag late filing ng 1702Q.actually for the 2nd qtr pa po ng 2012 yon.-thanksAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-64324944510717765062013-08-14T19:46:56.421-07:002013-08-14T19:46:56.421-07:00question lang > Paano kapag foreign based ang c...question lang > Paano kapag foreign based ang company mo pero locally deployed ka dito. wala kayo local office dito and nireremit lang yung sahod mo monthly.<br /><br />Anong ififile ko na tax return?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-45306883105000490162013-08-14T19:41:20.183-07:002013-08-14T19:41:20.183-07:00Hi there, same tayo ng status sana masagot ni Sir ...Hi there, same tayo ng status sana masagot ni Sir Jerome ito..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-67384962033047553332013-08-11T18:07:57.511-07:002013-08-11T18:07:57.511-07:00What are you filing po? Annual or Quarterly ITR? P...What are you filing po? Annual or Quarterly ITR? Personal exemptions can only be deducted in filing you annual ITR.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-47462718031391423122013-08-11T18:05:02.392-07:002013-08-11T18:05:02.392-07:00Sir Morada, do I need to include the RPT paid in t...Sir Morada, do I need to include the RPT paid in the deductions in filing my 1701Q?Reahhttps://www.blogger.com/profile/10480652891612179791noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-61419983153884191422013-08-09T20:39:49.903-07:002013-08-09T20:39:49.903-07:00hi po, what if hindi ako nakakatanggap ng certific...hi po, what if hindi ako nakakatanggap ng certificate of income tax withheld sa employer ko, may ways ba na malaman ko kung binabayad nila yung tax na kinakaltas sa akin?Anonymoushttps://www.blogger.com/profile/09016504832184885422noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-32293967898244866812013-08-08T02:00:21.078-07:002013-08-08T02:00:21.078-07:00@Naomi-- Inde po nyu mgagamit un 1601E sa Less: Ta...@Naomi-- Inde po nyu mgagamit un 1601E sa Less: Tax CreditsJOhttps://www.blogger.com/profile/03780812567665493239noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-87281888464567762402013-08-06T23:00:55.712-07:002013-08-06T23:00:55.712-07:00mr.morada,
good day, what if your income is lesse...mr.morada,<br /><br />good day, what if your income is lesser than or just equal to your personal exemptions already? thank you..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-60374771926957842752013-08-02T03:56:36.497-07:002013-08-02T03:56:36.497-07:00Hi sir! In filing for the Quarterly income tax (1...Hi sir! In filing for the Quarterly income tax (1701Q), kasama ba sa Less: Tax Credits/ Payments ang creditable income tax withheld (1601-E) na binabayaran namin monthly for space rental? Thanks.Naomihttps://www.blogger.com/profile/18020726649808257671noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-51899207000388368122013-07-28T05:23:07.356-07:002013-07-28T05:23:07.356-07:00sa quarterly VAT po ba per quarter din ang i-mark ...sa quarterly VAT po ba per quarter din ang i-mark sa number 2 item OR accumulated ( e.g. in 2nd quarter i-mark ng X un 1st and 2nd)Anonymoushttps://www.blogger.com/profile/08347535636217478988noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-27394099443119001322013-07-28T04:48:23.254-07:002013-07-28T04:48:23.254-07:00hi sir,
ask ko lang pano pag fill-up ng ng 1702Q ...hi sir, <br />ask ko lang pano pag fill-up ng ng 1702Q for 2nd quarter. Number 3 item in 1702Q, need ba i-mark un 1st and 2nd quarter? or 2nd Q lang? thank youAnonymoushttps://www.blogger.com/profile/08347535636217478988noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-2860757322472077772013-07-27T21:20:24.239-07:002013-07-27T21:20:24.239-07:00Good Day!
@Cecilyn Delos Reyes, pwede po kayong h...Good Day!<br /><br />@Cecilyn Delos Reyes, pwede po kayong humingi ng copy dahil ang employer nyo ang nagpa-file nun.<br /><br />@Leizel, Non-Vat is Income Tax type, you had to file and pay Monthly 3% Tax out of your Gross Income if there are No withheld tax deducted OR file the Withheld Tax Monthly which is 10% (with BIR Form 2307) so during Annual Income Tax Return filing you can file for a refund, if there's to refund.<br /><br />@gracela ramirez, sa Company nyo po kayo hihingi ng ITR kung kayo ay employed.<br /><br />Thanks for viewing!<br /><br />JeromeAnonymoushttps://www.blogger.com/profile/18218631420741598169noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-68560069660182908842013-07-26T20:04:00.225-07:002013-07-26T20:04:00.225-07:00San ba ako nkakuha ng itr ko s company ko ba o bi...San ba ako nkakuha ng itr ko s company ko ba o bir mismo ,need ko copy as a requirements to travel.Anonymoushttps://www.blogger.com/profile/17500850840585733944noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-22893563156136815402013-07-26T19:59:05.961-07:002013-07-26T19:59:05.961-07:00Hi,ask ko lang if san ako nkakuha ng itr ko s comp...Hi,ask ko lang if san ako nkakuha ng itr ko s company ko ba o s bir mismo need ko as requirements s pagayos ng papers ko.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-47780711941281835112013-07-24T18:16:50.563-07:002013-07-24T18:16:50.563-07:00Good Day!
if non-vat, what particular tax are we ...Good Day!<br /><br />if non-vat, what particular tax are we going to file & Pay for?Leizelhttps://www.facebook.com/#!/leizelmae.ababa/photosnoreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-55592978717293940712013-07-16T19:14:00.494-07:002013-07-16T19:14:00.494-07:00sir I want to ask lng..nag apply kasi ako for cred...sir I want to ask lng..nag apply kasi ako for credit card, I was a regular employee. Pwede ko bang mahingi sa HR namin ang copy ng ITR ko kasi yun ang requirements ng credit card application.Anonymoushttps://www.blogger.com/profile/03812773680993907847noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-29476350842773241192013-07-16T00:06:50.412-07:002013-07-16T00:06:50.412-07:00Gerome,
If all the earnings of a Filipino individu...Gerome,<br />If all the earnings of a Filipino individual or businessman residing in the Philippines are foreign currencies, is the any tax incentives?<br /><br />All the best,<br />JJAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-28315325349808926572013-07-15T20:23:30.797-07:002013-07-15T20:23:30.797-07:00Sir, kung nagwowork sa government pero walang item...Sir, kung nagwowork sa government pero walang item, contractual and no employer-employee relationship pero ang taxes withheld e for employee, no benefits too like GSIS, Philhealth and Pagibig? Tama po ba yun? if not ano dapat na tax withheld?<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-67095191604147139252013-07-08T22:41:14.448-07:002013-07-08T22:41:14.448-07:00question lang > Paano kapag foreign based ang c...question lang > Paano kapag foreign based ang company mo pero locally deployed ka dito. wala kayo local office dito and nireremit lang yung sahod mo monthly.<br /><br />Anong ififile ko na tax return?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-63632354781385673392013-07-02T03:13:17.698-07:002013-07-02T03:13:17.698-07:00@ Narce Tagle, regarding forms to be used please r...@ Narce Tagle, regarding forms to be used please refer above. In our Certificate of Registration - like in Las Pinas, stated there the forms to be used depending on your classification (see above). <br /><br />@ Maribel Biasong, kung employed po kayo ang alam ko makukuha nyo in the next year pero kung self-employed medyo maghihintay pa ng ilang years dahil marami pa silang i-taxed audit.<br /><br />@Anonymous, pwede nyo pong i-verify sa RDO kung saan kayo registered. I'm sure malalaman dyo duon kung yong name and TIN Number nyo ay connected sa company, at pwede kayong humingi ng Open Cases Record kung talagang na-ireremit under your name.<br /><br />Salamat, JeromeAnonymoushttps://www.blogger.com/profile/18218631420741598169noreply@blogger.com