Saan ba tayo makakatipid: 8% or Graduated Income Tax? - BT V005
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- Опубликовано: 19 сен 2024
- A full discussion between the difference of 8% or Graduated Income Tax Rate. And who are qualify to avail the 8% Income Tax Method.
You can check also my other videos that will greatly helps in doing your business.
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#edjes
#8percentincometax
#graduatedincometax
#2551Q
#Nonvat
#makakatipid
#percentagetax
am satisfied with your explanation Sir, ito ung pinaka malinaw na paliwanag plus supported with RMO. Thank you very much
Thank you po…
Nawa ay nabless po kita
Thank you Sir, you were able to explain very well! Simple, concise, learner-friendly More power!
Salamat po
new subscriber po ako. thanks much. sa dmi ng pinanuod ko ng 3days, ito lang ang nakapagbigay linaw sa aking kaisipan. frst timer po ako s negosyo frst time magregister at zero knowledge sa bir matters zero knowledge sa accounting. thanks much. sana po ibless pa kayo ni lord
Thank you for watching this video…
Nakakataba naman ng puso..
masmalinaw kau mag explain compare sa iba sir , napakaresponsive pa, THANK U SO MUCH sir andami nyo natutulungan💗🥰
Thank you for watching this video…
Thank you sir Alberto for answering my call and answering all my questions for FREE! God bless for doing this kind of thing for your fellow Filipinos
Welcome po…
Nawa ay nakatulong po ako sa inyo sa munting paraan…
Super Thanks po Sir Albert for accommodating my call khit Alam ko n super busy po kayo. And thanks sa knowledge and pag bigay ng guidance po.
Welcome Mam…
Sana ay nablessed kita mam
Thank you sir as a property specialist naliwanagan na ako saan ako mag avail .❤
Welcome po
Thank you sir ❤ for free answer to my question via call ! :) nag alok ako ng gcash to pay sana kahit papano di nya tinanggap ang bait ni sir. Godbless sir sana marami kapa matulungan about sa gantong topic. Ingat lagi.. ❤
Welcome po
Ang bait ni Sir.. malinaw mag explain and sumasagot po sa tawag tlga
Salamat po
Salamat po dito at naintndhan ko na yung pinagkaiba nila. new small business lng po ako online, wla pang kita at ang napili ko po ay yung graduated income tax, at prang kramihan po s mga nagparehistro na online business ay yung 8% po kaya nabahala ako and at the same time nalilito ako sa mga dpat kong gawin. Next ko nmang iisipin ay yung paglabay ng tamang entry sa BA. Salamat po.
Salamat po sa panonood..
Thank you Sir for sharing your knowledge.
And thank you po sa pagtawag, na appreciate ko po ng sobra at mas naintindihan ko pa ng maige. 🙂
Thank you for watching this video
I believed the 8% IT Rate is more preferable for those whose earning net income range is between 1M to 3M. Graduated IT rate is good if your business did not earn enough or less than 250 yung net income mo, kasi wala na talaga babayaran na income tax. But very seldom yan, most SME business for sure, they are earning more than 250K a year. But some business prefer to use Graduated, because they incur expenses that normally reduces the net income to less than 250K. Let us be honest, marami po gumagawa ng ganyan, they itemized expenses that did not really occur, to reduce the income to the point of no income tax will be paid.
Thank you for watching this video…
The Income Tax Rate is based on the fix income types or the computed amount on a monthly basis, it can also be as purchase expense forecasts inclusive of the sales expense, where the 250,000 limit yearly won't be considered as Income Tax to be filed, since it is within the Insured limit or to the maximum insurance limit of 500,000.00, pertains to all expenses in businesses, personal expense and accrued payments either for the Insurance life and NON- life since it is Taxes paid fees inclusive of all fees, and that it is Taxes. It is also on a fix basis or rate for the Insurance, since Credit cards companies are with Taxes, and each card holder are the ones that pays the TAXES and Fees, and merchants also reports what was paid, since it is paid and that Corporate Taxes are also divisible based on respective Merchants-Incorporators, and its businesses as subsidiaries that consists the Corporation as to Issuing Banks and Merchants agreements, points and mileage points, CASH BACK and MONEY BACK after reconciliation of payments made, the Outstanding balances becomes 0, since it is payments made and respective taxes declaration amongst issuing banks, private sectors merchants and associations and all clauses of yearly adjustments per TAX Code 1914 for reimbursements/refunds applicable for businesses, Individuals, Cardholders since it is Taxes, Graduated or Fix rates, that also falls within the Insurance Limit of P500,000 per depositor or depositary payments made using the Cards and products, and cash payments per Income Tax laws-Corporate Tax-Divisible as well amongst Incorporators per ANTI-MONEY LAUNDERING law as well. Efficient Taxes for consumer protection and products in businesses. ePLDT/PLDT-Inc.SME/SMC-Group of Companies and Telecommunications are well incorporated regarding taxation measures, standards and laws governing use of tax codes and filing of taxes, in order to receive TAX CREDIT from the Tax authority, after reconciliation of the payments made and CERTIFICATION coming from private sectors that attests its respective status as GOOD CREDIT SCORE or TAX CREDIT, Incurred payments made, as well as the Tax Authority Incorporated to the Private sectors for Transparency in Taxes Reconciliation, Trial Balances reports, yearly withholding taxes. LLCs, Patents, Registrations, Copyrights, Copyrighted, Intellectual Property Rights are owned by its respective private and Public sectors owners that reconciles respective TAXES codes yearly threshold for businesses, Individual protection, be it NON-Profit non Tax, since it is registered TAX TIN-Donors TAXES, and Profitable with Taxes, based on Table of TAXES. Thank you. Respectively certain.*****IMPORTANT******* dated 2006-2089 to date 2023. ALL RIGHTS RESERVED ePLDT/PLDT Subsidiaries, SMC- Group/Telecommunications. ©®™ ∆
Your video explanation is very clear to me. Hayst I wanna change to 8% na para less hassle na.
Thank you for watching this video…
Thanks for this Sir Albert! Looking forward for more videos that will help us to pay our taxes correctly!
Thank you for watching this video
Thank you so much sir Albert sa video mo very informative po..Saludo ako sayo sir kahit sa call sumasagot kayo para magbigay ng free advise..More power po & always keep safe...
Thank you for watching this video
Thank you so much po sa pagrespond and pagtulong kaagad, Sir Albert!
Welcome po
Thank you Sir Albert for such an informative video not only online but to literally assist me in my business. Thank you so much!
Thank you Mam for your appreciation. Let us help new entreps...
Thank you Sir Albert for Answering our call para mas maunawaan pa namin ang tamang Tax Type na dapat sa Small Business namin.
Very Informative and Helful ang Videos niyo po at nakakatulong samin, lalo na sa mga Nag Start palang unawain about Accounting and BIR Compliance. Maraming Salamat po & God Bless. 😊
Salamat po…
Nakakataba naman ng puso…
Hello po tanong ko lang po kung pipiliin ko po is ung 8% tax rate much better po ba kung ung 8% na tax rate na mabbwas skin is i add ko po per items ko ? DI po ba mas lalaki ung bbyaran ko nun sa tax or kht lumaki since nag add ako parang kinuha ko lang un sa customer ko sana po mapansin thank you
@lovelycalixtro3438 yes descrition nyo po yun
Thank you sir for this video... It truly helps me to understand between the two..
Salamat po
Salamat sir albert! This video was very helpful. More videos to come.
Thank you for watching my videos…
This is a very informative video! Thank you so much!
Thank you very much
Thanks sir 🙏 sa malinaw na explaination will call you again sir 🙏
Welcome and thank you for watxhing this video…
Sana ay nakatulong po ako
Very informative Sir. Malaking tulong ❤
Thank you for watching this video
New viewer po. Salamat for sharing sir.
Salamat po
salamat po sir, sumasagot po kayo sa text message ng libre, appreciate much po. Sana po makagawa kayo ng video and explanation for domestic carriers and keepers po like grab and operators po. salamat po ulit!
Welcome po
Thank you, Sir Albert!
Very informative! ☺️
Thank you Mam...
Thank you for accommodating my question and to help me.
Thank you po...Ang galing pagkaka explain very informative..
Thank you for watching this video.
Ang linaw nang pag kaka explain .
Thank you for watching this video
thank you for this video. This is great help for us regarding taxes.
Thank you Mam for watching my video...
Very informative video. keep up the good work bro!
Thank you for watching...
You may also check other videos that could help you in your business:
1. How to register your business name in DTI
ruclips.net/video/zbe8QvFZI2Q/видео.html
2. How to Register your Business Name in BIR
ruclips.net/video/XCUnD1ExhVQ/видео.html
3. Alin ba ang nas maganda: VAT or Non-VAT
ruclips.net/video/mBG5KtszF5Q/видео.html
Salamat sa video. Mdjo naintindihan ko na sya.
Welcome po
Thank you for this informative video.
Thank you for watching this video. God Bless us all...
maraming salamat Sir Albert! :)
Welcome po
Thank you Sir. Great help po.
Thank you very much.
sir please gawa ka po video avout online seller
Thank you po…
Cge po…
@@edjes abangan ko po yan sir 🙂 saka ano po magandang piliin if 8% po kung d nmn lalagpas 250k annual
@bettasjourney4652 ok lang din po yan… kung d nmn aabot sa 250k ang gross sales… pero dpt d k employed po
napaka helpful sobra thank you po
Thank you for watching this video…
Thank you for this information...
Thank you
sir gawa ka naman video sa bagong update ngayon about sa online seller at sa mga platforms regarding sa new update ni bir sa witholding tax na 1% for sellers na 500k ang gross
Yes po Mam…
Up!
Up
Up
Hello po in connection with this po.. Pwede po bang mag apply ng 8% tax kung BMBE registered entity?
thank you. new independent contractor ako. medyo naguguluhan pa ako sa buhay ko. huhu
Thank you for watching this video…
For clarification, call me on the number showed on this video..
Very informative video... Thank you Sir...
Thank you very much... We hope that we help you in a simple way on your business...
Very well said Tito Albert...
Thank you po...
Thanks
very helpful, thank you
Salamat po
very informative sir
Salamat po
Thank you
Welcome po
Thank you po sa information
Salamat
very informative sir!
nice edit din po!
Thank you po...
Thank you so much
Welcome po
Great job Albert very informative video mo thanks for sharing.
Thank you Mam... we hope that it helps you and on your business... Let us also share this video to help new entrpreneurs in doing their business.
Hi sir ako po yung tumawag sa inyu kanina..from roxas city..pa shout out nlng po
Salamat Mam..
Thank you Sir 😊
Welcome and thank you for wqtching this video
Great tips!
Salamat po
hello sir. question lng po
1.regarding sa percentage tax na 1%. i take it na since 2 years ago pa po itong vid na ito, eto po ung 1% PT sa train law tama? so revert back na tau sa 3% gross sales per quarter ngaun?
2.if opted for 8% this 2024, anung mga attachments po needed for 2024 1701a(for next yr)?
Thank you fir watching thus video.
1. Yes your correct, starting July 1, 2023, 3% should be the percentage tax
2. Attachment such as your tax credits.
@@edjesmarami pong salamat! ❤
@toincoss welcome po
@@edjessir. may pahabol pa po sana,,
halimbawa ay ng avail ako ng 8%. sales is 186,000.40. tpos my less 250k allowable deduction, no tax due na po ito tama at. no quarterly PT tax din na bbyaran?
@toincoss hindi po automatic ang 250k na deduction. If you are not employed then you can deduct 250k and your computation is correct.
thank you so much sir
Welcome po
thank you sir,
Welcome po
Sir Thanks sa Explanation, check ko lang for example nag itemised ako from 2nd and 3rd qtr, sa 4th qtr or annual pede ko bang baguhin sa OSD?
Thank you for watching this video…
On your question, you cannot change the method you opted on the first quarter.
For clarification, please call me on the number showed in this video
Ilng percent nman po yung babayaran kung graduated income tax ang pinili.?25% poba?
Depende po kung individual or non individual.
Pwede pa po kayang ipachange from 3% to 8%? Ano po pwedeng sbhin sa bir?
Yes po… balik lang po kayo BIR
Ngayon po ay 2024... Tanong ko lang, Yung percentage tax nyo po Yan Yung 3 years ago as of now 3% Ang percentage tax ...
Yes, now is 3%
Question po. For 8% po ba lets say 50k monthly income ko, pede ko po ba ideduct padin ung mga operating expenses ko? Or 50k po tlga need ko ifile po foe that month?
Ndi po
Sir, motorcycle parts po ang business namin. Need pa ba namin mag 8% tax sa 1701 Q? Kasi nagbabayad na kami every quarter ng 3% na tax.
Ndi po kc if you pay the percentage tax it means that your option is itemized and OSD only.
wow nice
Thank you for watching this video…
Thanks sa info ! New subs here ... sir question , ilang % po ang ceiling ng sa representation , fuel/gas at transportation ?
Thank you
There is no ceiling as long as business transactions
Nakalimutan mo po yun 250000 na deduction sa gross receipts
Thank you for watxhing this video…
Deduction of P250k os depend on the status of business owner if they are employed or not.
For more info, call me on the numberedd showed int his video
Hi sir meron po kayo fb
Yes po.
Albert R. Eje
hello sir!! magpapa check lang po sana if sakto yung mag intindi ko hehe:
example: (graduated income tax in itemized deductions)
gross: 500,000
less expenses: 200,000
taxable income: 300,000
(300,000 - 250,000 = 50,000)
(50,000 x 15% = 7,500)
tax due = 7,500
plus percentage tax of 15,000
so annual tax po is 22,500, yan po babayaran as tax for the whole year?
thank you po!!
Thank you for watching this video.
On your question and for more discussion, kindly call on my number showed in this video… medyo mahaba habang discussion po kc..
thank you sir!! will do po, mej nalilito rin ho kasi ko. thank you again po!
Good day Sir! Ano po ang taxpayer type ng OFW na may business dto sa pinas? Ano po ang magandang piliin n tax rate if below 3M ang annual gross sales?
Thank you for watching this video…
For more details, please call on the number showed in this video.
Very informative ❤
Thank you for watxhing this video
Hello po saan po mas makakatipid. Sa percentage tax na 3% of gross income or kapag inapply po yung 8% of gross sale with 0% percentage tax. Thank you po.
Eto po depende.
Good morning po sir edge's parang lugi naman po ata yung mga NON VAT 8% registered ? diba dapat ang lagyan lang ng TAX is yung Gross Income / Gross Remittances na LESS na expenses or cos of sales lang po natin bat po sila kukuha mismo at idedeclare natin yung Gross Sales nawa po ay masagot nyo po thanks 😊 sa Graduated Income TAX ma leless yung expenses / cost of sales / fees & charges ni Shopee / Lazada diba po ..
Options po yan…
Pano po anu pong prepared nyo sa amin ?
Depende po sa business nyo po
Happy New Year 🎊. May I ask po if mayroon pa bang additional or personal exemption sa 8% income tax?
Thank you for watching this video..
On your question, wala na po personal exemptions..
sir paano kung BMBE alin po mas maganda Graduated or 8% tax rate?
Thank you for watching this video…
If BMBE, you are tax exempt…
Thankyou for helping our mindsets❤
very informatyyy🤗
Salamat po
Hi Sir Albert. Isa po ako sa mga masugid niong taga subaybay sa youtube channel nio at subcriber nio po
Ask ko lng po kung kelangan ko na ba ngaun taon na 2022 mag file ng INCOME TAX RETURN kasi kaka paregister palang namin ng aming business last December 16, 2022.
At sa nakita ko pong vlog nio applicable po samin ung 8% flat rate.
Need ko po ba mag file ngaun taon na ito dahil naka register po kmi ng Dec. 16, 2021 or Next year na po ng April 15, 2023 ?
Si Roldan po ito From Cubao Quezon City
Thank you for watching this video.
On your question, yes you need to file the ITR
Very informative sir!
Sa 8% sir, need pa po ba mag comply ng zero percentage tax?
Mag generate po ba un sa cms?
As per BIR, no need to file. But my advise is file it too.
Thank you Sir. Very informative po. Ask ko lang if nala 8% income tax po, allowed pa din sa 250K deducts and pwede po ba ito i less sa kahit aling quarter o dapat po sa first quarter lang? Salamat po.
Thank you for watching this video.
If you are not mix income earner, you can use the 250k otherwise hindi po.
For more clarification, please call me on the nunber showed in this video.
May percentage tax po sa COR ko (2551q). Taxpayer type is professional-in general
It means nsa graduated po siya? Sabi sa 1st filling ko pwede ko piliin yung 8%. Nalilito ako ano ang option na pipiliin ko sa ATC.
Yung graduates po is optional,
3 options as sole proprietor:
1. Graduated - itemized deduction
2. Graduated - optional standard deduction
3. 8%
Tutorial naman po sir paano mag sulat sa mga books, wala kasi ako experience ng mga ganito online seller ako sa shopee
same problem here im also a shopee seller , thats why i prefer na mag OSD nalang .
Thank you for watching this video.
Same with other business, you need tonregister and comply with all the government mandated report…
Good day sir paano naging zero ang Percentage Tax o form type 2551Q dba 3% po yan?
Kpg po ang options is 8% invome twx
Hello po sir kaka register ko lang po this january as self employed professional, san ko po ba makikita kung nakapag avail ako ng 8% tax? Wala po kasi ako makita sa COR ko, or automatic na yun? Yung time po kasi na nag apply ako for tin and nag register as professional, medyo wala pako alam and hindi ko masyado naintindihan yung sinabi dun sa rdo namin. May means po ba pwede ko malaman kung anu yung na avail ko na tax?
Options po yan sa first quarter kung anong option gamitin nyo po
paano po malalaman kung 3% or 8%? nakalagay po ba ito sa bir cert or mamimili lang po ako?
Sa COR po…
sir parang may mali at kulang. sa 8% option formula, may 250,000 fixed deduction pa diba, before you multiply sa 8%
Thank you for watching this video…
On your question, yes po pero kung ndi po kayo mixed income, meaning ndi po kayo employed.
very informative ...
Thank you mam for watching this video.
Thank you, Sir ^_^
Welcome
@@edjes Sir question po. Employed po ako sa contract of service sa isang govt hospital ang tawag po sa amin ay other professional tas may small business din po ako. Ano po ba dapat ang gagamitin ko? Graduated IT or 8%? Tinry ko po now, sa 8% may 4k+ po na babayadan tapos tinry ko po sa IT rates, 0 nakalagay. wala pa naman po 250,000 for 1st quarter mga 147k lng po for 3 months
Thank you for watching this video…
For more details and discussion please call me on the number ahoed on this video
Good day po new business po kami pag nagfile po ba using OSD need parin mag gawa ng inventory list? Scrapwoods po tinda namin kaya kung saan saam lang po namin binibili, at wala po silang official receipt, maraming salamat po sa pagsagot
Thank you for watching this video.
Yes po need po yun…. For more information, please call on the number showed in this video
Hello sir, kapag below 500k income annually pasok po ba sa 8%??
Online seller po like Lazada,shopee,TikTok
If you are non-vat regisitered entity and a sole proprietor you can opt to use 8%
Okay sir .Thank you so much
hi po 1st ko palang po sa quarter nato ask lng po na mention u po kasi na para ma avaiil ung 8% kelangan mag opt in?isole prop po ako. need ko pa po ba pumunta ng bir para sbhn sa gusto konung 8%?ir sutomatic na pi un pag nag gile ako ng quarter tax ko po.salanat po sa sahot in advanced.
Thank you for watxhing this video…
You can call me on the numbered showed in this video to clarify your query
Hello po ask ko lang pano po kung 600 k to 700k ang income yearly san po kayang income tax rate makakatipid. Salamat po
Depende po…
For more clarification, you may call me on the number showed in this video
Ask ko lang po. Yung sa 8% po na income tax.
Meron po kasi aq nabasa sa bir today na
" 8% income tax on gross sales or gross receipts in excess of 250k in lieu of graduated income tax rates and the percentage tax."
Meaning po ba nito ay magbibigay kami ng 8% kada gross sales kahit di lumagpas ng 250k mapaisa man ang nabenta. Tama po ba
Yes po, kpg ikaw ay employed.
@@edjes self employed po kasi ang akin
@JPJEPs1987 if that the case then outright computation if 8% based on Gross sales
thanks sa video
Thank you po for watching video...
hello po sir ask ko lang po sana , if ang napili ko po ay graduated and OSD ang pag bayad ko po ba ng 1% of gross sale is quarterly or yearly ?
Thank you for watching this video.
What do you mean po na 1% of gross sales, if this is percentage tax, 3% na po starting July 2023 and quarterly po
sir gawa din kayo ng video sa pagbabayad via gcash
Thank you for watching this video…
Yes po gagawa po tayo nga short video for that
Hi sir pag 2 business po Isang owner lang parehas ko pong nerigester sa bir Isang filling lang po ba ng
2251 q
0619e
At 1701?
Thank you for watching this video…
You need ti consolidate and file, however there are instances that specific report for some branches like the 0619E
Sir pwede pa po kayang magpalipat ng 8%? kahit ang binigay na sa akin ng BIR is 3% ITR, last April 22 lng po ako nkakuha ng COR, new Seller po ako SEI po...
Opo mam…
sa RDO parin po ako ppunta? hindi po ba yung magging open case kapag ganun?
Ask ko po first time ko po magregister sa BIR ng leasing business at sole proprietorship mas okay po ba na 8% income tax piliin ko?
Thank you for watxhing this video…
On your question, it is best to discuss it to you… you may contact me on the numbered showed in this video or give me your name and I will call you
Hello po Sir, for example po Im a mixed income earner, i have work and business pero ngsimula lng yung business ko september and given po na below 250k lng ang compensation ko from employer and yung kita ko po sa business for example is 20k per month and i will choose po yung 8% rate po sa business, how can i calculate my 8% rate po? and do i need to pay the 8% po of the gross income kahit september lng po ako ngstart ng business?
Thank you so much po
Thank you for watching this video.
On your question, you can still pay the 8% as your income tax even below the 250k.
For clarification, please call on the number showed on this video.
Thank you.
Sir, nag avail ako ng 8%, paano po kapag gross amount qtr is nasa 100k lang dahil maliit ng benta. May babayaran pa. Po ba ako o babase po ako sa less 250k
Thank you for watching this video.
It will depend, for more details please call me on the numbered showed in this video
Hello, I am a professional and interested po sa na mention mo on the 10% witholding tax na will compensate sa 8% income tax. How does it work po?
Thank you for watxhing this video..
For more details, please contact me on the number showed in this video
Ano po mas ok mag apply ng bmbe or mag 8%?
Mam parehas po kayo magapply