BIR Concerns

[Vinvin88]

Whats a fair price to pay as retainer for an accountant?

(tax/payroll per month)

[LEX]

To be safe and avoid the risk of being assessed in the future, I suggest I close Nya properly ang business. On a lighter side, if the business is small, the BIR do not have sufficient staff to go after the small business. They are swamped with work.

[romeo]

HI.... If I'm leasing my private property to a corporation. what taxes do i need to pay?

[zyxel09]

hi nsa rice trading ako kailangan ba talaga mag lagay sa mga examiner? every year na lang malaki kuha sakin eh

[zyxel09]

edi ganun din hahaha

[Victorenox]

Ayos!

[rcache_03]

as an employee of one company, how do we have some tax exception. maybe discount from 30% to 12 % minimum?

[fallguy]

pwde ba mag inquire ang isang empleyado kung binabayaran ng employer nya ang mga tax nito, sa dinig ko di daw binabayaran ng company namin ang mga taxes, tapos sa mga empleyado lang din kumukuha ng pambayad ng sa tax ang mga managers

 

sa bir po, pls pakicheck ang company namin na global data management corporation

[japlog]

Follow up questions lang po about this issue. Meron po bang paraan to get out of it? Like pwede ba i-close un current business registration. Magparegister ng new name sa DTI then mag file na lang ng new business permit? Un sa friend ko kasi meron silang paupahan na apartment tapos may business permit nga pero di nag file sa BIR

 

Closure if you don't update the filing of the required returns. May penalty din of course. Kung yun katransact mo nireport na bumili or nagbayad sila sa yo pero di mo nireport, pwede ka din makasuhan ng tax evasion.

[uma]

Follow up questions lang po about this issue. Meron po bang paraan to get out of it? Like pwede ba i-close un current business registration. Magparegister ng new name sa DTI then mag file na lang ng new business permit? Un sa friend ko kasi meron silang paupahan na apartment tapos may business permit nga pero di nag file sa BIR

kapag nagpaclose ka ng business, may audit rin na mangyayri

Edited May 24, 2014 by uma

[simpleman1225]

eto ang joke para sa topic na ito..

 

Foreigner: It's hard to do business

here in Philippines.

Every move and every one has a FEE

Barangay permit FEE

Mayor's FEE

Governor's FEE

Congressman FEE

BIR FEE

You have to change your system!

Maybe you call your nation "FEE lippines"

Call yourselves "FEE lipinos"

and change your President's name as well

as "FEE noy"

What you think?

laughter is the best medicine diba?

[Ace_16]

up

[ej_qn]

pwde ba mag inquire ang isang empleyado kung binabayaran ng employer nya ang mga tax nito, sa dinig ko di daw binabayaran ng company namin ang mga taxes, tapos sa mga empleyado lang din kumukuha ng pambayad ng sa tax ang mga managers

 

sa bir po, pls pakicheck ang company namin na global data management corporation

 

Yes, you can have it checked with the BIR but you have to 1st know in which region or RDO code are you assigned in? Mahirap lang sa BIR eh dati you can call the assigned branch or even the hotline and just give your full name, TIN, home address and ask them which companies have been paying your taxes pero ngayon super hassle kailangan personal appearance pa.

 

Ngayon question ko naman about sa mga Networking/MLM businesses. Do these people REALLY pay their taxes? Kasi when I spoke with a networker from Frontrow ang sabi nya kinakaltasan na daw sila ng taxes nila sa bangko. I didn't know that the bank has the authority to do that? Also the funny thing is that majority of those in the MLM industry don't even have TIN numbers so saan napupunta yung mga "tax deducations" nila? Pero nakasabi sa voucher nila na may 10% VAT sila binabayaran. I think they don't know what is VAT and what is ITR?

 

A value-added tax (VAT) is a form of consumption tax. From the perspective of the buyer, it is a tax on the purchase price. From that of the seller, it is a tax only on the value added to a product, material, or service, from an accounting point of view, by this stage of its manufacture or distribution. The manufacturer remits to the government the difference between these two amounts, and retains the rest for themselves to offset the taxes they had previously paid on the inputs.

 

The purpose of VAT is to generate tax revenues to the government similar to the corporate income tax or the personal income tax.

 

The value added to a product by or with a business is the sale price charged to its customer, minus the cost of materials and other taxable inputs. A VAT is like a sales tax in that ultimately only the end consumer is taxed. It differs from the sales tax in that, with the latter, the tax is collected and remitted to the government only once, at the point of purchase by the end consumer. With the VAT, collections, remittances to the government, and credits for taxes already paid occur each time a business in the supply chain purchases products.

 

So VAT is solely based on the expenses of the product and has nothing to do on the individual seller's end, right?

[Smooth-Operator]

pano po ang procedure kung ako po ay isang trainee employee ng isang engineer na sole proprietor? bale ang resibo po kase nya ay under his name...me new office po kame but buo po nyang binibigay ang salaries namin, alang tax at philhealth/sss deduction kase 1 month pa lang ang ofis namin

[Smooth-Operator]

pano po ang procedure kung ako po ay isang trainee employee ng isang engineer na sole proprietor? bale ang resibo po kase nya ay under his name...me new office po kame but buo po nyang binibigay ang salaries namin, alang tax at philhealth/sss deduction kase 1 month pa lang ang ofis namin

 

master ej, i up ko ult sana itong ingury ko baka sakaling matulungan mo ako