Correction on the Compromise Penalty, the Amount should be P1,500 (50% of P3,000) instead of P500. Total Amount due should be P9,806.71. Thank you for pointing out the error
Thank you po sa videos niyo. Very clear and easy to understand. Can you make a video po about the tax obligations of online sellers? Wala pa po kasi gumagawa ng malinaw na explanation dito sa YT.
I’m a dual citizen with permanent residency in the US. I’m traveling to Manila this October and I need help from a tax attorney or tax accountant regarding the sale of land in the Philippines I inherited. Are you available for consultation while I am in Manila?
pina nuod ko po ang entire video, kung maaring ma address nyo po ang hindi na address sa video: 1. penalties due from business income lang po ba ito applicable or includes penalties from other sources(not related to your small or micro business) like for example penalty on late filing of donors tax or capital gains tax from sale of real property. 2. applicable po ba ito for penalties due before na implement itong reduced penalties for example late filing in 2023 or 2022
1) Applicable po sa business kasi ang basis ng classification ay Gross Sales. 2) Hindi po applicable, only penalties after implementing EOPT ang covered.
Question lang po sa compromised penalty. Ang tax due po ay 7500 po sa example niyo. Tanong lang bakit po 1k. Sa table naman naman according sa rr pag 7500 ang tax due 3000 po ang compromised penaly.
Need bayaran yung outstanding taxes from 2014 to present kasi may surcharge, compromise penalty at exact amount ng interest. Para exact computation, punta nalang kayo sa RDO, dalhin niyo nalang COR niyo.
naka 8 percent it rate po ako tapos ngayon ko lang nafile yung quarterly.,magkano po ang penalty ko sa bir?hindi po ba magbabago yun depende sa rdo?wala po akong tax due
Wala pong penalty sa overpayment, pwede refund or icredit sa next na payment pero need ng approval sa RDO. Kung 100 pesos po iyan na over payment, Thank you na po iyan. Hehe
Hello sir, papaano po ba magcompute ng foreign tax credits? Kasi sabi nila subject to limitations daw. In case sa individual taxpayers, monthly po ba magcompute? An individual taxpayers earning from UA-cam pala to.
Kung from US po ang earnings tulad ng sa YT Adsense earning, need niyo po ng Certificate from ITAD sa BIR National Office para mapa credit yung naka withhold from US.
@@gerardcarpizo sir, ano po ba ibig sabihin nito? "Those who fail to secure a TRC shall not be allowed to claim foreign tax credits in excess of the appropriate amount of tax that is supposed to be paid in the source state had the income recipient invoked the provision/s of the treaty and proved his/her/its residency in the Philippines."
sir ask lang po, late filing po kasi ako ng percentage tax, sence late ko narealize na kelangan ko din pala siya ifile, akala ko kasi income tax lang, pwede po bang ifile ko using the discounter method since ang taxable amount ko lang nman po is 345 pesos, 11, 500 lang po kasi ang gross sale ko.. sana masagot po agad, kasi ang laki po kapag doon sa table ung susundin ko, since 1k po ang compromise penalty..
and okey lang po ba na iprocess ko nlng siya online at hindi na pumunta ng RDO, ang layo po kasi ng RDO dito samin.. almost 6 hours na byahe back and fort..
Yung compromise penalty niyo ay P500 lang kasi micro taxpayer kayo. Follow niyo lang po yung guide jaan. Kung payment ng Tax pwede sa mga Authorized Agent Banks sa lugar niyo. Eto po yung guide ko sa PT with penalty, tho reduced rates na po based sa EOPT: ua-cam.com/video/LOozgYpltp8/v-deo.html
Yes, as long as the freelancer is a small or micro taxpayer. You may also watch my other guide for small/micro taxpayers under EOPT: ua-cam.com/video/TwcRdP43puk/v-deo.html
sir ask ko lang po ,iba po ito sa topic kumuha po kasi ako ng tin id sa kawit cavite sabi ng guard sakin di daw po pwedi kumuha ng tin id kapag walang employer , pero may tin number naman po ako.. sana po masagot job seeker po kasi ako salamat po sir..
Yes, kung job seeker at meron naman ng TIN via EO 98, mag update nalang ng registration kapag natanggap na sa company. Eto yung guide ko for job seekers: ua-cam.com/video/LqDj5nf49lE/v-deo.html
Hello po, question po, nagkaroon po kasi ng typo sa name ng taxpayer's name, ang nailagay po na name ay "Tenozo, Carla Celine Celine A******". Nadouble po yung "Celine". Magkakaproblem po ba yon? Tama naman po yung TIN no. na nilagay. Thank you po! Kinakabahan po kasi ako, at yon po yung narecord sa mga nafile po ko😢
Correction on the Compromise Penalty, the Amount should be P1,500 (50% of P3,000) instead of P500. Total Amount due should be P9,806.71. Thank you for pointing out the error
Nice Sir! Well explained at easy to understand po :)
Thank you po sa videos niyo. Very clear and easy to understand. Can you make a video po about the tax obligations of online sellers? Wala pa po kasi gumagawa ng malinaw na explanation dito sa YT.
Sige po, salamat sa suggestion! :D
I’m a dual citizen with permanent residency in the US. I’m traveling to Manila this October and I need help from a tax attorney or tax accountant regarding the sale of land in the Philippines I inherited. Are you available for consultation while I am in Manila?
pina nuod ko po ang entire video, kung maaring ma address nyo po ang hindi na address sa video:
1. penalties due from business income lang po ba ito applicable or includes penalties from other sources(not related to your small or micro business) like for example penalty on late filing of donors tax or capital gains tax from sale of real property.
2. applicable po ba ito for penalties due before na implement itong reduced penalties for example late filing in 2023 or 2022
1) Applicable po sa business kasi ang basis ng classification ay Gross Sales. 2) Hindi po applicable, only penalties after implementing EOPT ang covered.
@@gerardcarpizo ty po more power to your channel
Sir pano po kung yung resibo na original (WHITE copy) nabigay na sa customer at yung duplicate ay blangko. ano po ang penalty?
Question lang po sa compromised penalty. Ang tax due po ay 7500 po sa example niyo. Tanong lang bakit po 1k. Sa table naman naman according sa rr pag 7500 ang tax due 3000 po ang compromised penaly.
Based po sa Annex A ng RMO 7-2015 ginamit ko, anong RR po tinutukoy niyo para macheck ko po? :)
@@gerardcarpizoyun po sa table sa compromised penalty. Mali po ata computation mo hehe
Review ko po, baka na overlook. Hehe Salamat po sa pag check. :)
paano po pag non individual tapos ngayon lang nakita na di pala nakapag file ng 1st quarter ng 2014.
Need bayaran yung outstanding taxes from 2014 to present kasi may surcharge, compromise penalty at exact amount ng interest. Para exact computation, punta nalang kayo sa RDO, dalhin niyo nalang COR niyo.
naka 8 percent it rate po ako tapos ngayon ko lang nafile yung quarterly.,magkano po ang penalty ko sa bir?hindi po ba magbabago yun depende sa rdo?wala po akong tax due
Kung zero income tax due at late filing, Php 500 lang po ang penalty niyo.
pano kung walang tax due?pero late filing ng quarterly ngayong august 2024.,magkano po penalty
Compromise penalty na Php 1,000. Kung micro taxpayer, 50% reduction kaya Php 500.
@@gerardcarpizo kinabahan ako kala ko po 3k eh
@@gerardcarpizo micro lang po saken di umaabot ng 200k per year tapos naka 8 percent po
Sir paano po pag sobra ng ex 100 pesos ung naipsa ko amount sa pag file ng quaterly,my penalty po ba
Wala pong penalty sa overpayment, pwede refund or icredit sa next na payment pero need ng approval sa RDO. Kung 100 pesos po iyan na over payment, Thank you na po iyan. Hehe
Hello sir, papaano po ba magcompute ng foreign tax credits? Kasi sabi nila subject to limitations daw. In case sa individual taxpayers, monthly po ba magcompute? An individual taxpayers earning from UA-cam pala to.
Kung from US po ang earnings tulad ng sa YT Adsense earning, need niyo po ng Certificate from ITAD sa BIR National Office para mapa credit yung naka withhold from US.
@@gerardcarpizo Ayy. Paano po taga probinsya kasi ako. Hindi po pwede online?
@@gerardcarpizo Yung certificate ba na minemean niyo po is yung TRC pag nagavail ng tax treaty benefit?
@@gerardcarpizo sir, ano po ba ibig sabihin nito?
"Those who fail to secure a TRC shall not be allowed to claim foreign tax credits in excess of the appropriate amount of tax that is supposed to be paid in the source state had the income recipient invoked the provision/s of the treaty and proved his/her/its residency in the Philippines."
sir ask lang po, late filing po kasi ako ng percentage tax, sence late ko narealize na kelangan ko din pala siya ifile, akala ko kasi income tax lang, pwede po bang ifile ko using the discounter method since ang taxable amount ko lang nman po is 345 pesos, 11, 500 lang po kasi ang gross sale ko.. sana masagot po agad, kasi ang laki po kapag doon sa table ung susundin ko, since 1k po ang compromise penalty..
and okey lang po ba na iprocess ko nlng siya online at hindi na pumunta ng RDO, ang layo po kasi ng RDO dito samin.. almost 6 hours na byahe back and fort..
wala po kasi akong account, sariling explore ko lang po since small business lang nman po ako.. pahelp po sana.. thank you in advance po..
Yung compromise penalty niyo ay P500 lang kasi micro taxpayer kayo. Follow niyo lang po yung guide jaan. Kung payment ng Tax pwede sa mga Authorized Agent Banks sa lugar niyo. Eto po yung guide ko sa PT with penalty, tho reduced rates na po based sa EOPT: ua-cam.com/video/LOozgYpltp8/v-deo.html
Is this applicable sa mga freelancers?
Yes, as long as the freelancer is a small or micro taxpayer. You may also watch my other guide for small/micro taxpayers under EOPT: ua-cam.com/video/TwcRdP43puk/v-deo.html
sir ask ko lang po ,iba po ito sa topic kumuha po kasi ako ng tin id sa kawit cavite sabi ng guard sakin di daw po pwedi kumuha ng tin id kapag walang employer , pero may tin number naman po ako.. sana po masagot job seeker po kasi ako salamat po sir..
Yes, kung job seeker at meron naman ng TIN via EO 98, mag update nalang ng registration kapag natanggap na sa company. Eto yung guide ko for job seekers: ua-cam.com/video/LqDj5nf49lE/v-deo.html
Hello po, question po, nagkaroon po kasi ng typo sa name ng taxpayer's name, ang nailagay po na name ay "Tenozo, Carla Celine Celine A******". Nadouble po yung "Celine". Magkakaproblem po ba yon? Tama naman po yung TIN no. na nilagay. Thank you po! Kinakabahan po kasi ako, at yon po yung narecord sa mga nafile po ko😢
Mag update ka po ng registration using form 1905 at send to the RDO, attach mo din birth cert and any government ID.
Sir, today po kasi may appointment ako na business closure sa BIR e. Nagwoworry po ako about don sa natypo sa taxpayer's name. Thank you po!
Bring ka nalang din ng form 1905, iprocess mo nalang before/after appointment mo. Pa assist ka po sa officer of the day ng RDO.
@@gerardcarpizo thank youuuu po!
hi po sir ask ko lang po magkano po penalty sa capital gain tax if lumagpas na po sa 30 days bago mabayaran?
For late filing ng CGT, in addition sa tax due, 12% interest based sa unpaid tax for 30 days, 25% surcharge, compromise penalty.