All About Philippine Taxation

[darkheart38]

Hi Guys,

Tutal naman may konti alam ako sa tax, and nauuso ung tax for crypto, netflix, YøùTùbérs , etc.

I can help with your questions and inquiries.

 

[Argument]

paano po if online seller? let's say ground coffee 250g

 

[darkheart38]

ano po klaseng ground coffee? ung commercial ba for example nescafe ? ganun? or un from the farmers mismo and grouind coffee na nakarepack?

online seller? self employed po kayo considered niyan. and need niyo po iregister din talaga , although if small operations naman kayo, you can hold off ung pagregister ninyo, or once may large transaction kayo na requires Official receipt, that will be the time you will be required talaga.

 

[Argument]

ano po klaseng ground coffee? ung commercial ba for example nescafe ? ganun? or un from the farmers mismo and grouind coffee na nakarepack?

online seller? self employed po kayo considered niyan. and need niyo po iregister din talaga , although if small operations naman kayo, you can hold off ung pagregister ninyo, or once may large transaction kayo na requires Official receipt, that will be the time you will be required talaga.

Yes from the farmers, ibig sabihin pag malaki na transaction dun lang magkakaroon ng problema pero good problem kasi malaki na business pag ganun... tama ba Ts? hehe

 

[Scavenger]

Lods, regarding sa pag file ng tax exemption. Every year di ba yun.?. tapos need pa ipa close at the end of the year? para walang fine sa bir or auto close na yun at the end of the year.

 

[Frustrated Burger]

So may tax narin ba yong axie?

 

[darkheart38]

Yes from the farmers, ibig sabihin pag malaki na transaction dun lang magkakaroon ng problema pero good problem kasi malaki na business pag ganun... tama ba Ts? hehe

ou boss, di ka naman hahabulin pag small-time, although dapat kasi talaga register kadin regardless kung malaki or maliit income mo eh,

sa mga large transactions kasi nanghihingi sila ng official receipt , so need registered kay BIR po.

Lods, regarding sa pag file ng tax exemption. Every year di ba yun.?. tapos need pa ipa close at the end of the year? para walang fine sa bir or auto close na yun at the end of the year.

tax exemption po ng alin specifically?

So may tax narin ba yong axie?

opo, supposedly po meron po yan. pero syempre po , taxable po ang income, kahit saan pa po source niyan.

 

[giboht]

Thanks lods. Support.

 

[Scavenger]

tax exemption po ng alin specifically?

hindi ako masyadong maalam nito boss eh.. pero ang sabi lang nila maspass kami nung document na "annex-B2".

 

[darkheart38]

hindi ako masyadong maalam nito boss eh.. pero ang sabi lang nila maspass kami nung document na "annex-B2".

annex b2 is affidavit of declaration of income, Job Order employee ka ba sir?

RE: your question. yes po every year sinusubmit yan annexb2 para no withholding of taxes ka dahil below the income tax exemption which is P 250,000.00 per year.

 

[Scavenger]

annex b2 is affidavit of declaration of income, Job Order employee ka ba sir?

RE: your question. yes po every year sinusubmit yan annexb2 para no withholding of taxes ka dahil below the income tax exemption which is P 250,000.00 per year.

yes boss, contractual po current job ko eh.. kaya pinasubmit kami nun.
ahm. need ba yun e close at the end of the year then re apply next year.. or automatic close yun at the end of the year.?
thanks po sa valuable info lods.

 

[darkheart38]

yes boss, contractual po current job ko eh.. kaya pinasubmit kami nun.
ahm. need ba yun e close at the end of the year then re apply next year.. or automatic close yun at the end of the year.?
thanks po sa valuable info lods.

ganito po yan. if nagregister kayo sa bir dati , then you have ρáíd 500 po for registration fee.
every year on or before january 30, need ulit magbayad ng reg fee na 500 po. then submit ulit nung annexb2. then for the year ending (for example this year ending 2021), you need to file for you annual income tax return (deadline april 15,2022), wala tong bayad kasi below 250k naman income mo, need mo lang talaga i-file thru online (EbirForms Online).

 

[Scavenger]

ganito po yan. if nagregister kayo sa bir dati , then you have ρáíd 500 po for registration fee.
every year on or before january 30, need ulit magbayad ng reg fee na 500 po. then submit ulit nung annexb2. then for the year ending (for example this year ending 2021), you need to file for you annual income tax return (deadline april 15,2022), wala tong bayad kasi below 250k naman income mo, need mo lang talaga i-file thru online (EbirForms Online).

thanks lodi, very informative.