Salamat po. The examples and illustrations are easy to understand. Plus the tone of your voice helps me to listen more. Di po masakit sa ears and not to loud as well. Thank you po again
Impressive! I am truly amazed by the extraordinary and enlightening Tagalog version of the Percentage tax, expertly crafted by the esteemed Sir Gerard. Your remarkable content encompasses the intricacies outlined in Sections 116 to 127 of our Tax Code, skillfully amended for enhanced clarity and comprehension. Sir Ge, your outstanding video not only demonstrates your expertise but also exemplifies your unwavering commitment to providing invaluable insights. This holds great significance, especially for aspiring lawyers like myself. Congratulations on this exceptional achievement-Kudos, Sir Ge! I eagerly look forward to more captivating Tagalog renditions. Clear as crystal!
Good day Sir. To clarify po, if 8% taxable rate under train law is applied, do we need to remit a 3% percentage tax. Note that we are non-vat registered and work as freelance and income does not exceed the threshold of 3M. Hope to enlighten us. Thank you very much.
Yes you are correct, no need to file the 3% percentage tax if the taxpayer opted to use the 8% optional income tax rate. In the 1701Q that you are filing indicate that you will be using the 8% option.
Hello sir,confused LNG.sa gross sales po b tlga kukunin ung 3percent..for BMBE certified,hndi po n dapat GROSS SALES - EXPENSES(with receipts)= net sales Then, Net sales x 3%
Paano sir kapag 3% lang tubo from your capital, hindi kasali ang ibang expenses, tapos 3% ang tax edi negative na. Dapat sana ang tax is adjustable it depends sa tubo sa product. Kung 3% lang tubo dapat below 3% ang tax. Kasi kung tataasan mo naman ang tubo para mahabol mo yung tax is hindi naman ma aafford ni customer.😢
sir confused lang ako iba pa yung itemized 3% income tax dito sa Vlog ninyo na to na 3% tax? kase ang pagkaka alam ko po is yung itemized is dapat mo isulat or irecord lahat ng expences mo at pumapasok na pera, while itong 3% na video mo na ito sir na 3% sa total gross sales lang talaga siya binabawas? or itemized din itong vlog mo? thankyou sa responce po :)
Hello, Iba pa po ung income tax sa percentage tax. Ung income tax po ung sinasabi nio na sales minus expenses. ung percentage po ung 3% of gross sales. check nio po ung Certificate of Registration nio para makita anong tax types ang applicable sa inyo.
good pm po sir. Meron po akong 2 units for rent starting sep 2023@ 5k each unit. Question 1.Balak ko pong magsecure ng mayor's at bus permit at DTI by Jan 2024. Meron po ba akong mabbreak na law? 2. By Jan 2024 pa ako mgreregister sa BIR. 3 percentage tax po ba ang applicable as a lessor? Pls adv me. Thnks
Hi Charito. Ang sabi ng BIR, ang registration ay required kung kailan actual nag start ang operation, ang case jan ay kung mag tax mapping ang BIR at hindi registered ang business, malaki penalty jan.
Hi Sir, hindi po ba pwede ibawas sa gross income ang expenses, para sa pag-compute ng Net income for the 3% tax? Thanks po more power ponsa channel nyo na ito🙏🙏
Mag 3% kung may knowledge ka sa basic bookkeeping at kaya imanage ang filing requirements ng 1701Q/A at 2551Q. Otherwise, mas mai-advice ko ang 8% kasi mas simple.
Sir kung hindi po umabot ng 250k yung annual sales, wala pong bbayaran sa either 3% pt (pag 8% po ang pinili) or 8% itr kasi pasok po sa allowable deduction?
Good evening po, I'm confused po kasi since based po sa accountant na kakilala ko is to get the percentage tax, the formula would be Sales - Purchases) x 3% = Percentage tax due. But based po sa pagkakaintindi ko is ang gross sales is kung magkano talaga benta mo without deducting the purchases. Can you please tell me po which one is correct?
Hi sir, small bakery business po ako, ask ko po ang taxable base po ba hindi idededuct ang cost of sales like ung mga flour? Tlgang sa gross sales po magbebase ng 3%? Thank you in advance
Sir good day, same lang ba ang percentage ng real estate, like lease, rent ng mga real estate brokers at real estate dealers. Yong mga withholding tax din nila po?
Sir good day, paano po ako registered as non vat 8% pero my nakalagay parin na 255IQ? Do I need to file 255IQ rin po. Thank youu so much. Big help po ang reply nyo po.
@@gerardcarpizo thank you so much po. Sana po may webinar kayo especially for online sellers kahit may rate po worth it naman kase, super informative ng mga videos nyo! Thank you sir!
Quarterly lang ang percentage tax (2551Q). Bukod sa PT, 1701Q/A, check niyo nalang sa Certificate of Registration (COR) kung anu dapat ifile. Yung 0605, kapag renewal wala na din babayaran at iffile as January 22, 2024.
Hi Sir. Is the percentage tax an allowable deduction to the Annual income tax return (for Freelancers/Individuals practicing their professions)? Thank you po.
Hello sir. Under Sec. 116 of the Tax Code, nakalagay po na xxx professionals with total annual gross sales and/or gross receipts not exceeding 500,000 shall be exempt from the three percent gross receipts tax herein imposed. Pano po 'to? What if hindi naman umabot ng 500,000 yung annual gross income ko? Thank you.
Hello po sir , i have question po. Good day po, just Want to ask for your point of view po. Si Taxpayer is Percentage Tax year 2023. Tax payer Reach the threshold 3M . Month of Oct almost 3M na po ang sales niya. And because na reach niya na yung 3M nag pa change na siya from NONVAT to VAT. Question: yung 4th quarter Oct,nov, dec 2023 po ba is percentage tax parin ? Or Vat na po . Thank you ..
Yung quarters lng kung kailan nag paupdate sa BIR for VAT ang magiging covered ng VAT. Yung previous quarters ay PT padin. For Input VAT, pwede mag claim ng transitional.
@@gerardcarpizo Sir. Sorry di kopo naisama sa question ko . Nag pa update po siya JANUARY 14,2024 na po eh. Paano po yun ? Yung last quarter po ba ng 2023 oct-dec PT parin ?
Kung yung gross sales nung past quarter ay Php 3M+ pero sa next quarter sila nagpa update, yung previous quarter ay subject sa Output VAT na pero dahil hindi update ang registration for VAT noong Vatable na sale, walang macclaim na Input VAT.
@@gerardcarpizo ang understanding ko po kasi since January 11 2024 na po siya nag pa update. Yung remaining na last quarter po is Percentage Tax parin dahil ang end of Filing ng PT for 2023 is December. Ano po kaya ang mas Best na gawin po? Sana po matulungan .
Yung income tax ay iba sa 3% PT. Ang basis ng income tax ay depende kung 8% optional income tax or regular income tax rates ang gagamiten. Watch mo nalang playlist ko for Income Tax.
Hi Ivy. Makikita sa quarterly filing ng income tax via 1701Q. Sa COR, kung kasama sa tax type na babayaran ay quarterly percentage tax at income tax, pwede gumamit ng 8% optional rate.
Hi sir, just want to ask Under BMBE po kami but nakalagay sa COR 1701Q and 2551Q ang e file quarterly po under chapter 12 sec 74 exemptee kami sa 1701Q . Do i have to file the 1701Q? And 2551Q at the same time?
Yes, mag file kayo ng 1701Q pero may portion sa form na nag cclaim kayo ng exemptiom, dun nio ilagay yung exemption as BMBE, kaya zero income tax due. Also, iattach niyo ung certificate confirming na registered under BMBE pag iffile niyo ung return. Yung timing ng 1701Q at 2551Q nasa COR kailan dapat ifile.
Kung nakuha mo na yung cert of registration (cor) mo, naka indicate doon start of filing. King April 1 ang start of operation, 2nd quarter ang start of filing ng 3% PT based sa gross sales.
Hi, ask ko sana kung paano magrequest ng refund po sa BIR. I just found out about create law and since 2020 3% ang binabayaran namin thru our accountant. My mga receipts naman and as per our accountant hindi din sya aware dun sa 1% lang dapat since July2020 to June 2023. Marerefund pa po kaya namin yung 2% excess na binayad namin? Sana may makasagot po ng question ko and kung paano po iprocess?. Busy kasi si accountant and ilang months ko na din to sinasabi sakanya. Nakakapagod yung mga excuses nya. Salamat po.
Sir, good day po sana po mabigyang linaw nio ako. Magpapalipat po ako ng RDO, nung nagcocomplete na ako ng requirements, pinacheck ko po ung open cases ko, nakita don ung non filing ng Percentage Tax. Eh naka 8% na po ako na bundle rate ever since. Need pa din po ba i zero amount filing ung Percentage Tax form kahit naka 8% na? yearly ko naman po pinipili ung 8% every first quarter ng 1701Q form. halos 3 years worth of open cases din po un ng percentage tax non filing.
Hello po! New business owner po ako.. Yung sakin po pinili ko 8% pero meron po akong percentage tax parin. Naguguluhan din po ako kasi ung iba wala silang percentage tax sa 8% 🥲
Need mag file parin kung pinili ang 3% option ng PT (hindi 8% optional income tax rate) pero ang ilalagay zero gross sales kaya zero ang tax due. Hindi kasi pwede hindi magfile kahit wala kita kasi magkakaroon ng open case sa BIR.
Sir pano po yung nag business po kami nonvat kami pero mga clients namin sa US. Technically wala po kami na iissue na OR. Dapat parin bang subject to 3% or sa 1701 ko nalang ishow? Sana masagot po pls.
Yes, per BIR, pwede naman scan and ipa-email ang OR sa US clients. Subject padin sa 3% and 1701Q/A, unleaa ung nature ng business ay duly certified na may exemption under special law or by a government agency.
sir tanong ko lang po, nung nag apply po ako sa bir for new business ang pinili ko po 8%, upon checking sir may nakalagay po sa COR ko na 3% percentage tax.. Non vat lang din po ako maliit lang din income sa business 😢
Compile mo lahat ng form nabinayaran mo using 8% optional income tax rate. Dalhin mo lahat yun at ipa-check mo sa RDO kung nagka open case ka. Pa assist ka sa officer of the day. Normally meron naman ung PT sa COR kahit 8% option gamit.
Depende sa online business pero kung buy/sell internet business subject to percentage at income tax. Kung registered ang business, nasa BIR COR ang mga tax types na need ifile.
BY default kung hindi VATable ay subject sa 3% percentage tax. Yung 8% kasi ay optional income tax rate, wc means hindi na need mag file ng 3% PT kung ang Income tax rate na gamit at 8%. Emphasize ko lang na hindi PT ang 8% income tax iyon.
Gawa ka amended Return, na naka indicate yung tamang amount. Kung nabayaran na yung Php 400, need mag bayad ng Php 450. Next, punta ka RDO tapos mag request na ng credit sa PT dahil sa overpayment para sa next quarter mo.
Pwede ka mag avail kung meron kang registered business or as a self-employed (job order or contract workers). Para sa employees earning purely sa sweldo hindi pwede gamiten ang 8%.
@@gerardcarpizo what I mean po, I print ko lang po ung form tapos Saka po Ako mag fill up ng form hand written? Pwede po ba Yun? Baka po Kasi Hindi tanggapin sa banko pagbayad ko ng tax. Hihi
Salamat po ng marami Sir sa explanation nio, mas nagging malinaw na po samin ang 3% Quarterly percentage tax naipa-file nmin.
Salamat po. The examples and illustrations are easy to understand. Plus the tone of your voice helps me to listen more. Di po masakit sa ears and not to loud as well. Thank you po again
Impressive! I am truly amazed by the extraordinary and enlightening Tagalog version of the Percentage tax, expertly crafted by the esteemed Sir Gerard. Your remarkable content encompasses the intricacies outlined in Sections 116 to 127 of our Tax Code, skillfully amended for enhanced clarity and comprehension. Sir Ge, your outstanding video not only demonstrates your expertise but also exemplifies your unwavering commitment to providing invaluable insights. This holds great significance, especially for aspiring lawyers like myself. Congratulations on this exceptional achievement-Kudos, Sir Ge! I eagerly look forward to more captivating Tagalog renditions. Clear as crystal!
Thank you Mam Alma for the very generous comment! 🤩🤩
Thank you sir! Malaking tulong ito sa mga nag nenegosyo.
You can watch my other videos on business taxes.
Thank you, sir! Very helpful sa naguumpisa palang. God bless!
You earn a subscriber...napakalinaw ng paliwanag..salamat ❤
Super simple lang pero very informative! More power sir! 💯👍
Thanks for the encouragement 😄
Thanks for this! Will be filing my quarterly PT soon and this was super helpful. 👍🏼
Happy to help, you can watch my video on how to file 2551Q to learn more. ruclips.net/video/LOozgYpltp8/видео.html
Clear and informative as always, Sir. 👌🏼
Thanks Joven! 🤩
Sana po nag kaklase kayo ng as I. Personal para matuto na aq 😅 medyo magastos monthly 😅😅😂
Super helpful po ng tutorial nyo ❤❤❤
thank you
Great video sir. Helped a lot! Earned a sub
THANK U SIR
Nice ❤❤❤❤❤
Gusto ko Nga sir matutunan d n Ako maghhanap Ng tao ggawa for food house business
Hi sir. Do you have a video on how to correctly fill up the CRJ, CDJ, journal, and ledgers?
Good day po. Ask lang po for clarification. For the 2nd quarter of 2023, is 3% will be the tax rate to use?
Hi Michelle. We will now go back to 3% rate.
Good day Sir. To clarify po, if 8% taxable rate under train law is applied, do we need to remit a 3% percentage tax. Note that we are non-vat registered and work as freelance and income does not exceed the threshold of 3M. Hope to enlighten us. Thank you very much.
Yes you are correct, no need to file the 3% percentage tax if the taxpayer opted to use the 8% optional income tax rate. In the 1701Q that you are filing indicate that you will be using the 8% option.
Hello sir,confused LNG.sa gross sales po b tlga kukunin ung 3percent..for BMBE certified,hndi po n dapat
GROSS SALES - EXPENSES(with receipts)= net sales
Then,
Net sales x 3%
yun nga, din po ang tanong ko e sna masagot to
Up
Paano sir kapag 3% lang tubo from your capital, hindi kasali ang ibang expenses, tapos 3% ang tax edi negative na. Dapat sana ang tax is adjustable it depends sa tubo sa product. Kung 3% lang tubo dapat below 3% ang tax. Kasi kung tataasan mo naman ang tubo para mahabol mo yung tax is hindi naman ma aafford ni customer.😢
Good day sir. Pwede po ba mag request ng video about how content creators pay taxes what are taxable and not taxable? Please. Thanks po sana ma notice
Hi Anthony. Yes, that a good idea, I can share tips how to minimize income tax, along with how I file my own ITR as a creator. Thanks!
sir confused lang ako iba pa yung itemized 3% income tax dito sa Vlog ninyo na to na 3% tax? kase ang pagkaka alam ko po is yung itemized is dapat mo isulat or irecord lahat ng expences mo at pumapasok na pera, while itong 3% na video mo na ito sir na 3% sa total gross sales lang talaga siya binabawas? or itemized din itong vlog mo? thankyou sa responce po :)
Hello, Iba pa po ung income tax sa percentage tax. Ung income tax po ung sinasabi nio na sales minus expenses. ung percentage po ung 3% of gross sales. check nio po ung Certificate of Registration nio para makita anong tax types ang applicable sa inyo.
Hi po..san po makikita sa COR kung anong tax type ka po?@@mrs.uwildlee
good pm po sir. Meron po akong 2 units for rent starting sep 2023@ 5k each unit. Question
1.Balak ko pong magsecure ng mayor's at bus permit at DTI by Jan 2024. Meron po ba akong mabbreak na law?
2. By Jan 2024 pa ako mgreregister sa BIR. 3 percentage tax po ba ang applicable as a lessor? Pls adv me. Thnks
Hi Charito. Ang sabi ng BIR, ang registration ay required kung kailan actual nag start ang operation, ang case jan ay kung mag tax mapping ang BIR at hindi registered ang business, malaki penalty jan.
Sir, tama po ba. Pag VAT exempt, exempted na rin po sa Percentage Tax? Wala kasi Percentage Tax yung Rice and Corn Trading
Hi Sir, hindi po ba pwede ibawas sa gross income ang expenses, para sa pag-compute ng Net income for the 3% tax?
Thanks po more power ponsa channel nyo na ito🙏🙏
Gross sales or gross revenue ang basis ng 3% PT kaya walang binabawas na expense.
@@gerardcarpizo thank you vm po & highly appreciate the speedy response.
Hi, pano po kung less than 250k ang annual gross income. Ano pong mas okay na piliin? 8% o 3%?
Mag 3% kung may knowledge ka sa basic bookkeeping at kaya imanage ang filing requirements ng 1701Q/A at 2551Q. Otherwise, mas mai-advice ko ang 8% kasi mas simple.
Sir kung hindi po umabot ng 250k yung annual sales, wala pong bbayaran sa either 3% pt (pag 8% po ang pinili) or 8% itr kasi pasok po sa allowable deduction?
sir, paano kung exceed the sa threshold sa 2nd quarter pa lang pero hindi pa nag-update ng COR, subject na ba sa vat deficiency?
Hello po. Under bmbe po ung akin. By feb 17 lang po ako ngstart. Kasama pa po ba ung expenses sa pagcompute percentage tax? Or sales lang po talaga?
Good evening po, I'm confused po kasi since based po sa accountant na kakilala ko is to get the percentage tax, the formula would be Sales - Purchases) x 3% = Percentage tax due. But based po sa pagkakaintindi ko is ang gross sales is kung magkano talaga benta mo without deducting the purchases. Can you please tell me po which one is correct?
Based on Section 116, the basis for 3% percentage tax is the gross sales and/or receipts, not gross income (gross sales - cost of good sold).
@@gerardcarpizo thank you po
Thank you for asking ...me too is confused . Regarding this one.
@@gerardcarpizothank you sir for answering the question. This helps a lot to me. ❤
Good day Sir! Pano pag OFW tapos may business dto sa pinas, pero ung kita annualy not exceed 3M, ano po dapat/magandang piliin na tax rate?
Hi Sir ask ko lang if ever na nalimutan or nag late filing ako sa percentage tax, pano po computation ng penalty?
Heto po yung guide ko sa updated penalties under EOPT: ruclips.net/video/fDHdCNVGa40/видео.html
Hi sir, small bakery business po ako, ask ko po ang taxable base po ba hindi idededuct ang cost of sales like ung mga flour? Tlgang sa gross sales po magbebase ng 3%? Thank you in advance
Yes, sa gross sales po ang basis. Sa filing naman po ng income tax niyo pwede nio iclaim as deduction ung 3% percentage tax kung itemized gamit niyo.
Sir good day, same lang ba ang percentage ng real estate, like lease, rent ng mga real estate brokers at real estate dealers. Yong mga withholding tax din nila po?
Kung from rental income, income taxes po iyon. Yung 3% percentage tax ay business tax po iyon, magkaiba sila.
Hisir. Kung 2 po ang business same name. Ilan po 2551q ang sapat ifile mag kabukod po ba
Kung based sa TIN ay branch ung 2nd na business (same ownership ng sole-proprietor), consolidated ang filing. Otherwise, separate filing.
Hello po sir paano po ma-deduct yung amount na nasa cash disbursement bago file ang 2551Q? How does it Work po? newbie small business lang po
Yung cash disbursements niyo from operations ay hindi pwede ideduct sa gross sales for 2551Q purposes. Sa 1701Q pwede kung naka itemized kayo.
Sir good day, paano po ako registered as non vat 8% pero my nakalagay parin na 255IQ? Do I need to file 255IQ rin po. Thank youu so much. Big help po ang reply nyo po.
so meaning sir, babayaran mo yung 9,690 na qrtly percentage tax sa pag file kay Bir? or hindi.
Depende kung ano nakalagay sa certificate of registration, tho generally quarterly.
sir ito po ba yung sa online seller na lumalagpas 250,000 annually?
Sir yung monthly sales po ba na kukuhain yung labas na lahat ng bills kita lang or buong kita tlga di pa bawas mga eletric bill, supplies ect??
Hindi po dapat iababawas mga expenses sa tax base ng 3% percentage tax. Sa Income tax lang pwede iyon.
Hello po sir! Sa gross sales po ba kasama pa din yung mga cancelled orders/ return and refund orders?
Allowed po na ibawas mga iyon kasi hindi naman naging sale for tax purposes.
@@gerardcarpizo thank you so much po. Sana po may webinar kayo especially for online sellers kahit may rate po worth it naman kase, super informative ng mga videos nyo! Thank you sir!
@@gerardcarpizo follow up question sir, shipping fee paid by buyer? Paid by seller? Is it included po sa gross sales?
Sir, sa computation po ba ng 3% percentage tax hindi na binawas ang mga operational expenses?
Hindi na po, gross sales/revenue kasi ang basis ng 3% PT.
Hi sir. What if hnd aabot ng 250k ang annual income ko sa business, does it still required to file 2551Q? Thank you!
Yes, need pa din mag file ng 2551Q kahit hindi aabot sa 250K ang annual. Kung 8% optional income tax rate po kayo, no need na mag file ng 2551Q.
Hello po sir...ang filing po ba ng 3% percentage tax is every quarter? So 4 quarters po? May ib apa po ba ba ipafile bukod don or may annual pa po?
Quarterly lang ang percentage tax (2551Q). Bukod sa PT, 1701Q/A, check niyo nalang sa Certificate of Registration (COR) kung anu dapat ifile. Yung 0605, kapag renewal wala na din babayaran at iffile as January 22, 2024.
Hi Sir. Is the percentage tax an allowable deduction to the Annual income tax return (for Freelancers/Individuals practicing their professions)?
Thank you po.
Yes, it is allowed deduction under taxes and licenses.
Hello sir. Under Sec. 116 of the Tax Code, nakalagay po na xxx professionals with total annual gross sales and/or gross receipts not exceeding 500,000 shall be exempt from the three percent gross receipts tax herein imposed. Pano po 'to? What if hindi naman umabot ng 500,000 yung annual gross income ko? Thank you.
Hindi po iyan applicable, na veto po ni President Duterte yan sa TRAIN Law.
@@gerardcarpizo ah, I see!! Thank you so much po!
Sir how po magfill up ng books if naka 3% percentage tax
hi sir ask ko lang po newly registered palang po last feb.2024 vat reg. no sales pa po need po ba magsubmit kahit negative po result? thanks.
Yes, para makapag claim ng input VAT/creditable VAT.
Hello po sir , i have question po.
Good day po, just Want to ask for your point of view po.
Si Taxpayer is Percentage Tax year 2023. Tax payer Reach the threshold 3M .
Month of Oct almost 3M na po ang sales niya. And because na reach niya na yung 3M nag pa change na siya from NONVAT to VAT.
Question: yung 4th quarter Oct,nov, dec 2023 po ba is percentage tax parin ? Or Vat na po . Thank you ..
Yung quarters lng kung kailan nag paupdate sa BIR for VAT ang magiging covered ng VAT. Yung previous quarters ay PT padin. For Input VAT, pwede mag claim ng transitional.
@@gerardcarpizo
Sir. Sorry di kopo naisama sa question ko .
Nag pa update po siya JANUARY 14,2024 na po eh. Paano po yun ? Yung last quarter po ba ng 2023 oct-dec PT parin ?
Kung yung gross sales nung past quarter ay Php 3M+ pero sa next quarter sila nagpa update, yung previous quarter ay subject sa Output VAT na pero dahil hindi update ang registration for VAT noong Vatable na sale, walang macclaim na Input VAT.
@@gerardcarpizo ang understanding ko po kasi since January 11 2024 na po siya nag pa update.
Yung remaining na last quarter po is Percentage Tax parin dahil ang end of Filing ng PT for 2023 is December.
Ano po kaya ang mas Best na gawin po? Sana po matulungan .
hello po sir, ask lang po gross sales po ba meaning buong icome po ba puhunan at tubo magkasama na?
yung ipapafile po sa percentage tax?
ang yung sa income tax naman po Is yung income or kita lng po ba Tama?
Sales lang, hindi ibabawas ang puhinan.
Yung income tax ay iba sa 3% PT. Ang basis ng income tax ay depende kung 8% optional income tax or regular income tax rates ang gagamiten. Watch mo nalang playlist ko for Income Tax.
Good evening po, how to know po if 8% or graduated po ung business? Makita po ba sa COR?
Hi Ivy. Makikita sa quarterly filing ng income tax via 1701Q. Sa COR, kung kasama sa tax type na babayaran ay quarterly percentage tax at income tax, pwede gumamit ng 8% optional rate.
which percentage tax to file for a real estate sales person?
3% percentage tax
hindi n po ba mag less ng mga cost of sales at expenses?
Hindi po, kapag nag less pa ng cost of sales gross profit na po iyon hindi gross sales.
Hi sir, just want to ask Under BMBE po kami but nakalagay sa COR 1701Q and 2551Q ang e file quarterly po under chapter 12 sec 74 exemptee kami sa 1701Q .
Do i have to file the 1701Q?
And 2551Q at the same time?
Yes, mag file kayo ng 1701Q pero may portion sa form na nag cclaim kayo ng exemptiom, dun nio ilagay yung exemption as BMBE, kaya zero income tax due. Also, iattach niyo ung certificate confirming na registered under BMBE pag iffile niyo ung return. Yung timing ng 1701Q at 2551Q nasa COR kailan dapat ifile.
Tanong sino b pwedeng magcompute ng percentage tax slmt po
Hi Reynald. Pwede mo gamiten ang eBIR Forms, downloadable sa website ng BIR. Auto compute ng tax due, input lng ng needed data.
sir, if i choose 8% on Percentage tax, exempted na po, need pa po ba i file or non filing will be subject to penalty?
Technically kung gumamit ng 8%, hindi magiging exempted sa percentage tax. Substitute lang po ito para hindi na mag file ng 3% percentage tax.
Bakit kaya ganun, 8℅ ung inapply ko pero nakalagay sa COR ko need pa ng percentage tax 🥺😓
sir pano po magfile ng PT, online seller po here na kakaregister lng sa BIR nitong april 1..anong dates lng po covered nung sa computation sir?
Kung nakuha mo na yung cert of registration (cor) mo, naka indicate doon start of filing. King April 1 ang start of operation, 2nd quarter ang start of filing ng 3% PT based sa gross sales.
Hi, ask ko sana kung paano magrequest ng refund po sa BIR. I just found out about create law and since 2020 3% ang binabayaran namin thru our accountant. My mga receipts naman and as per our accountant hindi din sya aware dun sa 1% lang dapat since July2020 to June 2023. Marerefund pa po kaya namin yung 2% excess na binayad namin? Sana may makasagot po ng question ko and kung paano po iprocess?. Busy kasi si accountant and ilang months ko na din to sinasabi sakanya. Nakakapagod yung mga excuses nya. Salamat po.
Pwede niyong panuorin guide ko on tax refunds. If in case, pwede niyo din ipa-apply as tax credit other than refund.
Sir, good day po sana po mabigyang linaw nio ako. Magpapalipat po ako ng RDO, nung nagcocomplete na ako ng requirements, pinacheck ko po ung open cases ko, nakita don ung non filing ng Percentage Tax. Eh naka 8% na po ako na bundle rate ever since. Need pa din po ba i zero amount filing ung Percentage Tax form kahit naka 8% na? yearly ko naman po pinipili ung 8% every first quarter ng 1701Q form. halos 3 years worth of open cases din po un ng percentage tax non filing.
Hello po! New business owner po ako.. Yung sakin po pinili ko 8% pero meron po akong percentage tax parin. Naguguluhan din po ako kasi ung iba wala silang percentage tax sa 8% 🥲
Pano po kpag online seller tpos minsan po walang sales?
Need mag file parin kung pinili ang 3% option ng PT (hindi 8% optional income tax rate) pero ang ilalagay zero gross sales kaya zero ang tax due. Hindi kasi pwede hindi magfile kahit wala kita kasi magkakaroon ng open case sa BIR.
Sir pano po yung nag business po kami nonvat kami pero mga clients namin sa US. Technically wala po kami na iissue na OR. Dapat parin bang subject to 3% or sa 1701 ko nalang ishow? Sana masagot po pls.
Yes, per BIR, pwede naman scan and ipa-email ang OR sa US clients. Subject padin sa 3% and 1701Q/A, unleaa ung nature ng business ay duly certified na may exemption under special law or by a government agency.
@@gerardcarpizo Sir maraming salamat! Been a fan in Tiktok account mo rin!
sir tanong ko lang po, nung nag apply po ako sa bir for new business ang pinili ko po 8%, upon checking sir may nakalagay po sa COR ko na 3% percentage tax.. Non vat lang din po ako maliit lang din income sa business 😢
Compile mo lahat ng form nabinayaran mo using 8% optional income tax rate. Dalhin mo lahat yun at ipa-check mo sa RDO kung nagka open case ka. Pa assist ka sa officer of the day. Normally meron naman ung PT sa COR kahit 8% option gamit.
@@gerardcarpizo kaka register ko lang po for new business sir.
after filing, ilang days ang palugit para bayaran ?
Basta before deadline ng filing. Kung after deadline kasi need na mag compute ng interest, surcharge and penalty.
Paano po magcompute pag sales to government. 1% ba or 3% ang ibibigay nilang 2307
Hi Glenda. 1% pag sale of goods to the govt, 2% naman pag sale of service to the govt.
@@gerardcarpizo yong remaining 2% po ang babayaran sa bir?
pag 1.5m ang gross po anu mas maganda 3% or 8%?
Mas maganda 3% kasi deductible ung percetage tax sa income tax if itemize deduction gagamiten dahil may chance na lower ang income tax due.
@@gerardcarpizo ito pung 3% ito pa bayung Itemized na tinatawag?
Sir tanong lang po kung kita mo sa quarterly ay 25k to 27k lang excempted po ba sa quarterly tax. internet po business. salamat
Depende sa online business pero kung buy/sell internet business subject to percentage at income tax. Kung registered ang business, nasa BIR COR ang mga tax types na need ifile.
@@gerardcarpizo computer shop po like gamings lang. registerd po sa bir.
Yes, sabi ng BIR lahat ng nag bbusinesa ay required na mag paregister sa BIR.
@@gerardcarpizo salamat sir. last na tanong na lang po sir sa annual naman pg below 200k excempted pa rin ba sa tax?
Hi, ask ko po sana how to determine if i am qualified for 3% pt? May mga 8% po kasi ako nakikita na pt
BY default kung hindi VATable ay subject sa 3% percentage tax. Yung 8% kasi ay optional income tax rate, wc means hindi na need mag file ng 3% PT kung ang Income tax rate na gamit at 8%. Emphasize ko lang na hindi PT ang 8% income tax iyon.
If pinili po yong 8% na income tax rate, ang need po ba i file quarterly is yong 1701Q?
Sir tanong lang. Kapag nagbayad po ba ng quarterly tax magbabayad parin po ba ng annual tax?
Depende sa nakalagay sa Cert of Registration (COR), tho normally percentage tax puro quarterly lng di gaya ng income tax.
Hello Sir, ano po gagawin kapag kulang po naibayad online sa tax? 450 po dapat 400 lang naitype
Sana po masagot 😢
Gawa ka amended Return, na naka indicate yung tamang amount. Kung nabayaran na yung Php 400, need mag bayad ng Php 450. Next, punta ka RDO tapos mag request na ng credit sa PT dahil sa overpayment para sa next quarter mo.
Paano sir if ngkamali ng total e na file na ung quartely ngyon pero d p nman na nabayran? Ma edit pa bo Yun?
Gawa ng amended return, gawa nalang ng bago then yung latest na return ang bayaran sa AAB. Make sure na itago yung mga na file.
Kung makabayad ng quarterly hindi na kailangan magbayad ng annual?
Hello. Hindi na unlike sa income tax na may quarterly at annual. Percentage tax is on a quarterly reporting, machcheck sa certificate of registration.
sir pwede pa rin ba ako magavail ng 8% kahit employed ako?
Pwede ka mag avail kung meron kang registered business or as a self-employed (job order or contract workers). Para sa employees earning purely sa sweldo hindi pwede gamiten ang 8%.
Sir asan po ung link ng ebir form
Ty
Sir, pwede po ba Ako mag print out ng maraming form from bir website. Para hand written na lang Yung pag fill out ko ng form?
Pwede ka mag fill up ng isa then ipa-photocopy mo nalang ung na fill up. Pirmahan mo nalang yung orig at photocopy.
@@gerardcarpizo what I mean po, I print ko lang po ung form tapos Saka po Ako mag fill up ng form hand written? Pwede po ba Yun? Baka po Kasi Hindi tanggapin sa banko pagbayad ko ng tax. Hihi
Yes, pwede din naman yun.
@@gerardcarpizo maraming salamat po.
Bukod pa po ba ung quarterly percentage tax na babayaran doon sa annually percentage tax?
Quarterly lahat ang percentage tax kaya ang form ay 2551Q. Ang may quarterly at annual ay ang Income Tax, kaya 1701Q at 1701A ang filing form.
@@gerardcarpizo bale po ung Final ITR ay para sa fourth quarter po? Hanggang anaong month po sakop yon? Oct. to Dec 31 lang po ba?
Tama ka, Oct to Dec ang 4th Quarter ng ITR, pero ang filing ay para sa buong taxable year na, deadline nito ay sa April 15 ng susunod na taxable year.
@@gerardcarpizo for Income tax naman po ito ung April 15 filing?
@@gerardcarpizo another question po sir, sorry po. Heheh! Yung income tax po quarterly din magfafile? So paano po yun?
sir paano kung wala pang 250k ang gross receipts? need ba magbayad ng percentage tax?
Yes, ang basis ng percentage tax ay gross reciepts for the quarter. Para sa income tax po iyang Php 250k applicable.
@@gerardcarpizo pero pag nag avail ako ng 8% optional tax, di na po ba ako magbabayad ng percentage tax? thank you po.
Yes, kung nag avail ka ng 8% option, no need to file quarterly percentage tax. Yung quarterly income tax ang magiging compliance sa PT.
@@gerardcarpizo thank you sir.
Ganito po ba pag BMBE?
Yes, 3% percentage tax pero hindi na mag ffile ng income tax.
kung wala na po iffile na income tax, kahit wala na din po ilagay sa mga books? 4 po kasi books ko at bagong register lang din po.
@@gerardcarpizotanong ko din po sir, ano po exemption ng bmbe?nka-bmbe dn ksi business ko.About po sna s 1701 kailangn ko po b magfile non?