1604cf Deadline 2018

With the 15th of April fast approaching, it is a common sight to see freelancers with no regular accounting staff scrambling to reconcile their records, to understand the various tax types and deadlines, and to make sense of the countless tax forms. ) the BIR Form 2316 for em­ploy­ees cov­ered un­der sub­sti. Recognize the difference between tax evasion versus tax avoidance. statement or list, or keep any record, or supply any information required by the Code or by the Commissioner on the date prescribed therefor, unless it is shown that such failure is due to reasonable cause and not to willful neglect, there shall, upon notice and demand by the Commissioner, be paid by the person failing to file, keep or supply the same One thousand pesos (P= 1,000. This return shall be filed in triplicate by every withholding agent (WA)/payor who is either an individual or non-individual, required to deduct and withhold taxes on fringe benefits furnished or granted to employees other than rank and file employees subject to Final Withholding Taxes. View You have had a chance to see tools of persuasion in the Three. I am leaving on July 6, 2018 (Friday) but I will be applying for visa on June 29, 2018 (Friday), so exactly a week before departure because one of my requirements will only be issued on June 28. Guidelines and Instructions Who Shall File This return shall be filed in triplicate by every employer or withholding agent/payor who is either an individual, estate, trust, partnership, corporation, government agency and instrumentality, government owned and controlled corporation, local government unit. 2307 and BIR Form N. 00 plus 32% of the excess of Compensation Range (Minimum) amounting to P8,833. You may want to check out more software, such as Alphalist Data Entry , Data Entry Test or CRA Data Entry Software 2011 , which might be similar to ALPHALIST DATA ENTRY and VALIDATION. Hi Tax Acctg Center, Quoting RR 2 – 2006, on page 3 it actually says: A person who fails to file, keep or supply a statement, list, or information required on the date prescribed shall pay, upon notice and demand by the Commissioner of Internal Revenue, an administrative penalty of P1,000. ph Deadline of Filing. Month of December 2018. October 11-12, 2018 (Thursday - Friday) - Basic Business Accounting & BIR Compliance for Non VAT Entity. Encode data to BIR Modules as attachment to the following: a) Monthly Alpha List per Payee (MAP) b) Summary of Alpha List of Withholding Tax (SAWT). e-FILING/FILING. The deadline for filing the annual information return (BIR Form 1604CF), together with the required alphalist, is on or before Jan. Who Shall File This return shall be filed in triplicate by every withholding agent/payor who is either an individual, estate, trust, partnership, corporation, government agency and instrumentality, government owned. Box#9 - Local Residence Address, BIR Form 1902. Clarification on the mode of submission of alphalist. Sunday, May 6, 2018. Month of December 2018. Each blog contains questions and answers of situations ordinary people asks a lawyer concerning matters affecting their lives. 1604E shall be immediately discontinued beginning January 31, 2014 and March 1, 2014, respectively, and every year thereafter. The excess withholding tax on the annual compensation of the employees at yearend should be refunded by Jan. We shall update the legal basis for each item included in the list very soon. 00) which is P2,826. After all, we are only human, and oversights happen. Contact Us Tax and Accounting Center,. The users will be the students, parents, teachers and staffs. We’ve been offering public workshops and seminars in the Philippines since 2012. Failure to file on time will result in maximum penalty of P25,000 for a taxable year. The date for filing and payment shall be the exact dates stated in the law or regulations. 7 million employees in the Philippines, perhaps by now, you may have already received an e-mail or a memo from your employer asking or confirming whether you are qualified for substituted tax filing of your Annual Income Tax Return (BIR Form 1700) for calendar year 2015. com/profile/07608817080532183139 [email protected] SUBMISSION. Mar 15, 2018 · The filing deadline this year is April 17, 2018. Time, Place and Manner of Filing of Annual ITR and Audited FS II. 12 after the House of Commons passed a bill authorizing the vote. Marquez Jr. If the Government of the Philippines, its political subdivisions or any Agency or Instrumentality, as well as government-owned or controlled corporation is the employer, the return. KEY TOPICS: I. The following images are the BIR Withholding Tax Tables. FILING & PAYMENT/REMITTANCE. Accomplish BIR Form No. e-Filing as well as e-Payment/ Filing and Payment of 2551Q (Quarterly Percentage Tax Return) for QE 30 June 2018. 30 and those exempted in Sec. " The IRS distinguishes "fiscal year" from "tax year," stating that a tax year can be either a fiscal year or the calendar year. Procedures For BIR ALPHALIST DATA ENTRY V6. The table below is a simple reminder or schedule of what business establishments need to accomplish for ending the year 2018 and starting anew for 2019. We shall update the legal basis for each item included in the list very soon. Annualized Withholding Tax Step 1- Determine the taxable regular and supplementary compensation paid to the employee for the entire calendar year; Step 2 - If the employee has previous employments within the year, add the amount of taxable regular and supplementary compensation paid to the employee by the previous employer;. 1601C - eFPS filers under Group E. Revised withholding tax rates Type of Income Payment Old CWT Rate New. While 8M bracket will retain its tax rate, its fixed tax will decrease to P2,202,500. How To File Your Income Tax Return In The Philippines in Law and Taxation , Uncategorized on 04/03/14 Note : At no cost to YOU, I use affiliate links in my posts to generate income. 1700 had been filed pursuant to the provisions of RR No. This quarterly withholding tax remittance return shall be filed in triplicate by every Withholding Agent (WA)/payor required to deduct and withhold taxes on income payments subject to Expanded / Creditable Withholding Taxes. 0 About sa 1604CF the BIR will release update alphalist kasi may mga changes due to train law. Hi Tax Acctg Center, Quoting RR 2 - 2006, on page 3 it actually says: A person who fails to file, keep or supply a statement, list, or information required on the date prescribed shall pay, upon notice and demand by the Commissioner of Internal Revenue, an administrative penalty of P1,000. Revised withholding tax rates Type of Income Payment Old CWT Rate New. The Bureau of Internal Revenue (BIR) has recently released an updated version of its Alphalist Data Entry Validation Module which is used by various government agencies, who are required to withhold and remit taxes, for the preparation of BIR Forms 1604E, 1604CF, 2316, among others. When my assistant asked the BIR for the computation of penalty, he was told that it was P10,000, since they based it on gross sales, is this correct?. One comment on “ [REMINDER] 2016 Tax Reminders ” MARYLIN M GONZALES April 25, 2016 at 6:43 pm. Year End Update - Philippines: Alphalist, BIR DAT Files and 2316 Forms Posted on December 8, 2015 by Nix Eniego This is one of PayrollHero's biggest releases this year. bir-excel-uploader. After all, we are only human, and oversights happen. 2018 Year-end Reminders and 2019 Startup Compliance Checklist for Businesses in the Philippines. Of alphabets and alphalists Reynaldo Q. For the new application process, read this instead: NEW KOREAN. Deadlines may change without prior notice. Please take note that your tax forms will be sent electronically to the BIR until 9pm. Deadline Within 30 days after each sale or disposition of shares of stocks or real property. If you are an employer seeking an assistance on filling out Form 2316, jump over to this article discussing how to properly fill out the form. April 17, 2018. FORM 1604-E. 1701 [Annual Income Tax Return for Individuals (including Mixed Income Earner), Estates and Trusts] January 2018 (ENCS). Only those with Civil Service Eligibility will be processed. Engagement Letters and Renewals or Subsequent Agreements for Financial Audit by Independent CPAs. B is a Single Proprietor who is an Accredited Printer of the BIR. The system is available 24 hours everyday. Jay Kimelman July 18, 2018 Deadlines, Tax, Taxes. Job - Aid BUREAU OF INTERNAL REVENUE Systems Development Division-ISDS Version 2 February 2006 Page 1 1. Revised withholding tax rates Type of Income Payment Old CWT Rate New. This course discusses the 2018 Tax updates as stated in the Tax Reform Law (TRAIN Law) Included in the discussions are the new tax regulations on Withholding taxes of purely compensation income earners, the new Philhealth contributions schedule, and the new tax regulations on Income tax, including the presentation of the new Graduated Income tax rates as provided in the TRAIN Law (RA 10963). There is consolation, however, in the thought that we can get by if we focus, systematize, and learn to prioritize concerns that really matter. Once in a while, es­pe­cially in mo­ments of stress, we find our­selves look­ing back to our child­hoods. Proprietor, lessees or operators of cockpits, cabarets, night or day clubs, boxing exhibitions, professional basketball games, jai-alai and racetracks. Availability of the enhanced BIR Form No. ANNEX F CERTIFICATION This is to certify that the employees listed below are. My previous topic was about List of RDO Codes and Location in the Philippines and as a preparation for you to visit your RDO branch, it would be better if you have the form on hand and accomplish it for convenience and faster transaction. Encode the and , then click button or press E. The Philippine Tax Whiz discusses the Bureau of Internal Revenue forms affected by the tax reform law. Marquez Jr. 000 TV-Channels from more than 45 countries over the Internet on all your devices. LAST March 5, the Bureau of In­ter­nal Rev­enue (BIR) is­sued Rev­enue Reg­u­la­tion (RR) No. Only one return shall be filed for multiple transactions within the day. Businesses must complete and file Form 1604CF which summarises the amount of withholding tax on compensations paid and submitted to the BIR during 2018. In May 2018, Vistra acquired Radius, making it the number one international expansion services provider in the US. According to Guballa, the ongoing audit has uncovered enterprises with business models that only claim to be cooperatives to enjoy tax perks. 00 (P170,500. While every effort has been made to. yr January - December Mar. Time, Place and Manner of Filing of Annual ITR and Audited FS. February 2019. Amendments to the Mandatory Submission of SAWT, MAP, BIR Form No. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. By: Garry S. 1 of the ff. PCAB, PEZA at BOI. Star Cebu - 2015-03-10 - BUSINESS -. Download / Quarterly Remittance Return of Creditable Income Taxes Withheld (Expanded) Description. Alphalist Data Entry and Validation Module Version 5. When my assistant asked the BIR for the computation of penalty, he was told that it was P10,000, since they based it on gross sales, is this correct?. Quality Audit: Updated Handbook on Audit Procedures and Techniques Volume I (Revision —Year 2000) All Internal Revenue Officers and Others Concerned. , 5330 seaman road, oregon, oh 43616-2608. Contact Us Tax and Accounting Center,. Monroe County Pennsylvania. Objective II. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. NAP eligible should accomplish a No Audit Program Pariticipation Form (BIR Form 2114) and Payment Form For No Audit Program (BIR Form 0605-101), if applicable, to be submitted together with all the required attachments within 30 days from the statutory deadline for the filing of Annual Income TAx Return for the year covered by the application. Rappler's 2018 Board. As a sole practitioner, he works with individuals and small businesses. I understand that penalty for late filing of BIR returns for sole proprietorship is only P200, is this correct? I failed to file my 1701Q on time, with a net loss result for that particular quarter. , the Philippine member firm of PwC, based on relevant laws, rules and regulations issued as of 31 October. That the BIR Form 1604CF filed by his employer shall constitute as his income tax return; That BIR Form 2316 (Oct 2002 ENCS version) shall serve as the same purpose as if BIR Form 1700 had been filed pursuant to the provisions of RR 3-2002 as amended by RR 19-2002. 13, 2017 (ASEAN SUMMIT HOLIDAY). 2307) and Form 2316 (Certificate of Compensation Tax Withheld), in lieu of hard copies. Failure to file on time will result in maximum penalty of P25,000 for a taxable year. See the complete profile on LinkedIn and discover Yasser. When and Where to File The return shall be filed on or before January 31of the year following the calendar year in which the compensation payment and other income payments subjected to final withholding taxes were paid or accrued. But as with any rule, there are certain exemptions to the filing of income tax returns. "Accordingly, the manual submission of the alphabetical lists containing less than ten (10) employees/payees by withholding agents under Annual Information Returns BIR Form No. 1-2014 dated December 17, 2013 on submission of alphabetical list or alphalist of employees and list of payees on income payments subject to withholding taxes in the Philippines. In case of installment sale, the return shall be filed within 30 days following the receipt of the first down payment and within 30 days following the subsequent installment payments. IMPORTANT! Starting July 1, 2018, the Korean Embassy will be implementing a new application process, which requires applicants to file at any of their designated travel agencies instead. This Tax Calendar has been prepared by the Tax-Client Accounting Services (CAS) group of Isla Lipana & Co. July 20, 2018 is the deadline for filing of the following tax forms: Filing and Payment of 2550M forms (Monthly Value-Added Tax Declaration) for the month of June 2018. The author is a tax associate with the tax advisory and compliance division of Punongbayan & Araullo. Mar 15, 2018 · The filing deadline this year is April 17, 2018. 1701 and to be accomplished by self-employed individuals, estates and trusts engaged in trade and business, which shall contain the taxpayer's business profile information and other relevant data to be lifted from the Audited. Click the icon on 1604 Attachments Data Entry and the User Login pop up will appear. 2316 under RR No. Search Search. Types of Internal Revenue Taxes and persons liable to pay c. Alphalist map sawt_de_jobaid_ver2 1. Clarification on the mode of submission of alphalist. How to claim employees' income tax refund from compensation in the Philippines? As an employee, your employer is deducting and withholding tax salary on a monthly basis as a requirement with the BIR. Head coach Greg Ryan knows the importance of this week’s game against the Whitwell High School Tigers, which is. Good Day! I would like to clarify something, it says in the BIR calendar that if the deadline of filing and payment of taxes falls on a holiday or non work days it shall automatically be moved to the next working day. Published on Apr 6, 2018 This video explains the two (2) important documents which will guaranty that you will no longer receive an additional deficiency tax assessment from the BIR. RMC 37-2019 Clarification on the treatment and reporting requirements of Input Tax as of December 31, 2018 on VAT exempt medicines pursuant to the TRAIN Law. 30 of the ff. 2-2015, re­quir­ing large tax­pay­ers (LTS) to scan and sub­mit in a DVD-R: a. BUREAU DU DISTRICT(1) BUREAU DU DISTRICT Bureau of Internal Revenue BUREAU DU DISTRICT(2) E-PaymentPDF - Bureau of Internal Revenue Website Slide 1 - Bureau of Internal Revenue Website. Mar 15, 2018 · The filing deadline this year is April 17, 2018. The deadline for filing the annual information return (BIR Form 1604CF), together with the required alphalist, is on or before Jan. 12 after the House of Commons passed a bill authorizing the vote. 31 – Annual Information of Income Tax Withheld on Compensation (1604CF) Required Attachment: Annual Alphalist of Employees with Validation *Note that deadlines falling on weekends, holidays and non-working days will be moved to the next working day. You may want to check out more software, such as Alphalist Data Entry , Data Entry Test or CRA Data Entry Software 2011 , which might be similar to ALPHALIST DATA ENTRY and VALIDATION. Download / Quarterly Remittance Return of Creditable Income Taxes Withheld (Expanded) Description. e-Filing or Filing and e -payment or payment of tax due on January 2018 transactions by all e-Sales Remittance of January 2018 contributions by employers with reporting of January 2018 sales transactions by taxpayers whose last digit of the. 7 million employees in the Philippines, perhaps by now, you may have already received an e-mail or a memo from your employer asking or confirming whether you are qualified for substituted tax filing of your Annual Income Tax Return (BIR Form 1700) for calendar year 2015. Vistra International Expansion now has more than 1,300 experts working in more than 40 jurisdictions to help you explore new markets and reduce the risk and complexity of global operations. Filing Deadline Calendar for 2017 Note: If the 95th or 120th day falls on a weekend or a holiday, the filing deadline is extended to the next business day. Madel Quillope liked this. See related links to what you are looking for. The event was well attended by CEOs from different industries who were all ears to hear about the TaxWhizPH app as well as updates from the BIR regarding their initiatives on simplifying administrative processes. statutory declaration I, Juan dela Cruz, born on M/D/Y , holding Passport 123 and residing at X Y Village, do solemnly and sincerely declare and affirm that: A. That the BIR Form 1604CF filed by his employer shall constitute as his income tax return; That BIR Form 2316 (Oct 2002 ENCS version) shall serve as the same purpose as if BIR Form 1700 had been filed pursuant to the provisions of RR 3-2002 as amended by RR 19-2002. Others Page 3 Year-end Tips and Reminders I. I have taken note of your posted deadlines. Final deadline for extended exempt organizations. If the Government of the Philippines, its political subdivisions or any Agency or Instrumentality, as well as government-owned or controlled corporation is the employer, the return. Fundamentals of taxation a. A fiscal year end can be the end of any quarter — March 31, June 30, September 30, or December 31. BIR Form No. The Electronic Bureau of Internal Revenue Forms (eBIRForms) was developed primarily to provide taxpayers with an alternative mode of preparing and filing tax returns that is easier and more convenient. Withholding tax on compensation is an approximate of income tax liability on compensation required to be withheld by the employer upon every payment or accrual or recording of salaries and wages in its books of accounts. 27(C)] and Other Special Laws, with NO Other Taxable Income. Procedures For BIR ALPHALIST DATA ENTRY V6. January 30, 2018 · Las Piñas, Philippines · Deadline today JANUARY 31,2018 RENEWAL OF BIR REGISTRATION (0605) & 1604CF (ALPHALISTINGS) See All. 1601-F in triplicate copies. A 2018 study published in the Journal of Adolescent Health estimated that 322-519 students at California's public universities seek medical abortions each month. B is a Single Proprietor who is an Accredited Printer of the BIR. A key development in journalism over the past decade has been the rise of web analytics for real-time measurement of how audiences respond to news content. This Tax Alert is issued to inform all concerned on the filing and payment deadlines for expanded/creditable withholding tax (BIR Form 1601-E/1606) and final withholding tax (BIR Form 1601-F/1602). Then i reviewed my documents and found out that my tax period is incorrect. Business World - 2018-01-25 - THE ECONOMY - REY­NALDO Q. NAP eligible should accomplish a No Audit Program Pariticipation Form (BIR Form 2114) and Payment Form For No Audit Program (BIR Form 0605-101), if applicable, to be submitted together with all the required attachments within 30 days from the statutory deadline for the filing of Annual Income TAx Return for the year covered by the application. Tier 2/Tier 5 Supplementary employment Unlimited right to work Individuals sponsored under Tier 2 and Tier 5 are allowed, in limited circumstances, to undertake other work in addition to that for which their Certificate of Sponsorship (CoS) was assigned. Accordingly, the manual submission of the alphabetical lists containing less than ten (10) employees/payees by withholding agents under Annual Information Returns BIR Form No. the PwC network, based on relevant laws, rules, and regulations issued as of 31 October 2018 by various government agencies. October 5, 2018 (Friday) - ITR Preparation for Sole Proprietors. BIR Email address to send [email protected] Certification of Electronic Tax Return Preparation, Filing. View Annex F RR 11-2018. "This is a friendly reminder po para po hassle-free ang pagpa-file ng [income tax] return and they don't get entangled with last minute deadline glitches," said BIR deputy commissioner and spokesperson Marissa Cabreros. Sunday, May 6, 2018. Monthly Filing of Expanded/Creditable and Final Withholding Tax Returns. NAP eligible should accomplish a No Audit Program Pariticipation Form (BIR Form 2114) and Payment Form For No Audit Program (BIR Form 0605-101), if applicable, to be submitted together with all the required attachments within 30 days from the statutory deadline for the filing of Annual Income TAx Return for the year covered by the application. March 17, 2000 REVENUE AUDIT MEMORANDUM ORDER NO. Taxation and taxes definitions b. • Preparation and submission of Bureau of Internal Revenue (BIR) Form 1604CF and 1604E (Annual information return of income taxes withheld. BIR Tax Deadlines WAIVER: Please note that this is just a basic listing and should not be taken as complete or accurate. Availability of the enhanced BIR Form No. com/profile/07608817080532183139 [email protected] Computation of business and income tax payable. That being said, finding your deadline for paying and filing your federal taxes (or filing for an extension) is pretty simple based on your fiscal year and type of entity. The anniversary date is the date your corporation incorporated, amalgamated or continued under the CBCA. The BIR form 1604CF or the Annual Information Return of Income Taxes Withheld on Compensation and Final Withholding Taxes, filled out by the employer with the correct information The said documents need to be submitted to the BIR in electronic form on or before the deadline. BIR update: BIR published RR 14 2018 to amend certain provisions in RR 11 2018, as follows: If gross income is more than P3M or VAT Registered regardless of amount - ten percent (10%) Deadline for submission of the Income Payee's Sworn Declaration and COR to income payor/withholding agent is moved to April 20, 2018. com is NOT in any way connected with the BIR. “You have the right to audit already, so please exercise it,” Dominguez said in a statement. Agreement on a 35-month contract was reached September 6, 1965. The table below is a simple reminder or schedule of what business establishments need to accomplish for ending the year 2018 and starting anew for 2019. Domestic transportation: 5%. U2309 Cityland 10 - Tower I, 6815 H. Deadlines may change without prior notice. April 25, 2018 — The Bureau of Internal Revenue (BIR) released an upgraded version of their Alphalist Data Entry in the downloadable section of their website. This deadline is intended only for non-eFPS filers. BIR TRAIN Tax Tables. Never to early to start planning, beginning with deadlines. The Bureau of Internal Revenue (BIR) has specific dates set for all annual, quarterly, and monthly requirements from all companies operating in the country. Month of December 2018. post-2545729191928241270. If an assessment is to be issued, however, it must be done within three years from the deadline or the date of actual filing of the return, whichever is later. FORM 1604-E. Those with employees will also have to submit the Annual Alphalist of Employees along with BIR Form No. I understand that penalty for late filing of BIR returns for sole proprietorship is only P200, is this correct? I failed to file my 1701Q on time, with a net loss result for that particular quarter. (RR) 11-2018 amending the provisions of RR 02-98 to implement further the provisions of Republic Act No. Accordingly, the manual submission of the alphabetical lists containing less than ten (10) employees/payees by withholding agents under Annual Information Returns BIR Form No. Transportation services for Goods or passengers outside the Kingdom. , the Philippine member firm of the PwC network, based on relevant laws, rules, and regulations issued as of 31 October 2018 by various government agencies. As a freelancer or a sole proprietor, filing BIR forms and settling your taxes is your responsibility. 1700 had been filed pursuant to the provisions of RR No. 30 and those exempted in Sec. Recognize the difference between tax evasion versus tax avoidance. You do not file for the year the corporation was incorporated, amalgamated or continued. BIR Tax Filing and Payment Deadlines (Income Taxes) March 20, 2011 By Vic People need money to finance their cost of living (i. You may want to check out more software, such as Alphalist Data Entry , Data Entry Test or CRA Data Entry Software 2011 , which might be similar to ALPHALIST DATA ENTRY and VALIDATION. Since the deadline for submitting the said annual information returns is only a few days from now, taxpayers may have to use the old return form (BIR Form 1604CF) for taxable year 2018, until an advisory has been issued by the BIR. MAR­QUEZ, JR. The excess withholding tax on the annual compensation of the employees at yearend should be refunded by Jan. What is the deadline for filing my annual return? The deadline for filing an annual return is within the 60 days following a corporation's anniversary date. The deadline for filing is on or before the March 1 of the year following the calendar year when taxes were paid or accrued. 2-2015, re­quir­ing large tax­pay­ers (LTS) to scan and sub­mit in a DVD-R: a. Accordingly, compliance must be made for filing of BIR Form 1604CF and 1604E immediately, as the regulation is already effective on the deadline for the filing of the same, i. UK to hold rare December election with Brexit on table. Transportation. By Kent Lileo Tong, 17 December 2015. 2018 Labor Law BAR Examination Questions. the strike deadline 8 days. 27(C)] and Other Special Laws, with NO Other Taxable Income. The company alphalist is also no longer required. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Published on Apr 28, 2018 This is only a perspective sample of QAP while the Alphalist Data Entry program while the updated version of program can't produce QAP on its own unlike the outgoing. Who are Required to File. "This is a friendly reminder po para po hassle-free ang pagpa-file ng [income tax] return and they don't get entangled with last minute deadline glitches," said BIR deputy commissioner and spokesperson Marissa Cabreros. The form also requires a list (in alphabetical order) of all employees or payees of the company for whom taxes were withheld during that same year. After you register new employee to BIR, SSS, PhilHealth, and Pag-ibig, the employer needs to file and remit the taxes and contributions of employee every month. Brand New 2551Q Form (Quarterly Percentage Tax) with 8 Opt In 25 0 0 0 0 Brand New 2551Q Form (Quarterly Percentage Tax) with 8 Opt In On April 25 on the deadline of filing the Quarterly Percentage Tax Form the BIR released RMC Related downloads August 3 2018 at 2 23 pm. e-SUBMISSION • List of regular suppliers of goods and services of the top 20,000 private corporations for second semester of. The deadline for electronically filing and paying the taxes due thereon shall be in accordance with the provisions of existing applicable revenue issuances. 2019 Filing Deadlines for 2018 Returns. In May 2018, Vistra acquired Radius, making it the number one international expansion services provider in the US. “Substituted Filing is when the employer’s annual return (BIR Form 1604CF) may be considered as the “substitute” Income Tax Return (ITR) of employee inasmuch as the information provided in his income tax return (BIR Form 1700) would exactly be the same information contained in the employer’s annual return. The deadline for filing the annual information return (BIR Form 1604CF), together with the required alphalist, is on or before Jan. So our deadline for filing of 1601e (EWT/efps) falls on Nov. e-Filing or Filing and e -payment or payment of tax due on January 2018 transactions by all e-Sales Remittance of January 2018 contributions by employers with reporting of January 2018 sales transactions by taxpayers whose last digit of the. For employees qualified under the substituted filing tax system. Who Shall File This return shall be filed in triplicate by every withholding agent/payor who is either an individual, estate, trust, partnership, corporation, government agency and instrumentality, government owned. Star Cebu - 2015-03-10 - BUSINESS -. PCAB, PEZA at BOI. EXCEL Format to BIR DAT File Reporting Period: Amended Return: No Yes Reporting Type: MAP 1600 QAP 1601E QAP 1601F RELIEF Sales RELIEF Purchases RELIEF Importation SAWT Semestral List of Regular Supplier Annual 1604E Schedule 4 Annual 1604E Schedule 3 Annual 1604CF_5 Annual 1604CF_6 Annual 1604CF_71 Annual 1604CF_73 Annual 1604CF_74 Annual. This Tax Alert is issued to inform all concerned on the filing and payment deadlines for expanded/creditable withholding tax (BIR Form 1601-E/1606) and final withholding tax (BIR Form 1601-F/1602). A revised form designed in line with the BIR Integrated Tax System (ITS) to be used as attachment to BIR Form No. 2-2015 to amend the pertinent provisions of RR No. 1601F, together with the required attachments and your payment. Filing of form 1604CF needs to be accomplished by the withholding agent on or before the 31st of January after the calendar year in which compensation payments and other fees subject to final withholding taxes were settled. Services (CAS) group of Isla Lipana & Co. She started her painting career approximately 15 years ago, beginning with pen and pencil drawings, and progressing to the pastel medium in order to capture the vibrant colors she saw in nature. ANGARA Chairperson, Committee on Ways and Means Senate of the Philippines Dear Senator Angara: We respectfully endorse the DOF bill which embodies the fulfillment of the. 1 (New) is Now Available alphalist for 1604CF? God bless you. Tier 2/Tier 5 Supplementary employment Unlimited right to work Individuals sponsored under Tier 2 and Tier 5 are allowed, in limited circumstances, to undertake other work in addition to that for which their Certificate of Sponsorship (CoS) was assigned. Moreover, big mergers that could significantly impact the economy in a positive way are given a chance to come into fruition without facing the problem of unnecessary bureaucracy. 3-2002, as amended. 2018 Year-end Reminders and 2019 Startup Compliance Checklist for Businesses in the Philippines. The author is a tax associate with the tax advisory and compliance division of Punongbayan & Araullo. 0 About sa 1604CF the BIR will release update alphalist kasi may mga changes due to train law. By Kent Lileo Tong, 17 December 2015. com/profile/07608817080532183139 [email protected] Failure to file on time will result in maximum penalty of P25,000 for a taxable year. FILING & PAYMENT/REMITTANCE. PCAB, PEZA at BOI. When my assistant asked the BIR for the computation of penalty, he was told that it was P10,000, since they based it on gross sales, is this correct?. Sunday, May 6, 2018. (Revenue Regulations No. BIR Tax Deadlines WAIVER: Please note that this is just a basic listing and should not be taken as complete or accurate. dat file conversion tools created this December 2018 almost 2 weeks of development during my free time on my self testings and i confident that output file is okay but still, we do not provide guarantee. The system is available 24 hours everyday. dela Costa St. The deadline provides a safeguard for parties such that their M&A transactions would not be unduly restricted due to the government's inaction. B is a Single Proprietor who is an Accredited Printer of the BIR. This course discusses the 2018 Tax updates as stated in the Tax Reform Law (TRAIN Law) Included in the discussions are the new tax regulations on Withholding taxes of purely compensation income earners, the new Philhealth contributions schedule, and the new tax regulations on Income tax, including the presentation of the new Graduated Income tax rates as provided in the TRAIN Law (RA 10963). – SLSP or Summary Lists of Sales and Purchases for QE 31 July 2018 (eFPS filers) If you’ve already signed up with JuanTax, remember that you can easily generate and file forms such as 1601-C, 2550M, 0619-E and other tax forms using both Standalone and Xero versions of our tax software, giving you a lighter perspective on how to file your. 00 for each such failure, unless it is satisfactorily shown that such failure is due to reasonable. A revised form designed in line with the BIR Integrated Tax System (ITS) to be used as attachment to BIR Form No. File Formats and Submission of Semestral List of Regular Suppliers by Top 20,0000 Private Corporations Revenue Memorandum Circular (RMC) No. What is Alphalist Data Entry? The Alphalist Data Entry is a downloadable application created by the BIR which was designed to help taxpayers in preparing the Alphalist of Payees when it. What is the deadline for filing my annual return? The deadline for filing an annual return is within the 60 days following a corporation's anniversary date. This web application. If the deadline falls on a Saturday, Sunday or a holiday, the appropriate deadline for the filing and payment shall fall on the next business day. Financial Statements V. 4 Illustration No. Ayala Avenue, 1200. LAST March 5, the Bureau of In­ter­nal Rev­enue (BIR) is­sued Rev­enue Reg­u­la­tion (RR) No. 1604 () was a leap year starting on Thursday of the Gregorian calendar and a leap year starting on Sunday of the Julian calendar, the 1604th year of the Common Era (CE) and Anno Domini (AD) designations, the 604th year of the 2nd millennium, the 4th year of the 17th century, and the 5th year of the 1600s decade. The author is a tax associate with the tax advisory and compliance division of Punongbayan & Araullo. Debra is a native of South Carolina and recently moved from the Irmo area to the Chapin area. 12 after the House of Commons passed a bill authorizing the vote. Since the deadline for submitting the said annual information returns is only a few days from now, taxpayers may have to use the old return form (BIR Form 1604CF) for taxable year 2018, until an advisory has been issued by the BIR. 1 alphalist of employees terminated before december 31 (reported under bir form 2316). 4,5,4 Method Sets a four-week fiscal period, followed by a five-week fiscal period, and then another four-week fiscal period. October 15, 2018. If you file for an automatic 6-month extension, your filing deadline will be October 15. REGISTRATION • Manual books of accounts and other accounting records if using new books for FY beginning February 1, 2012. Jul 2018 - Jun 2019 files tax returns on or before the deadline such as expanded withholding tax, value-added tax, fringe benefits tax, withholding tax on compensation and quarterly income. If you are an employer seeking an assistance on filling out Form 2316, jump over to this article discussing how to properly fill out the form. This article aims to guide you in preparing and filing BIR Form 1604E Annual Information Return of Creditable Income Taxes Withheld (Expanded)/ Income Payments Exempt from Withholding Taxes, and Alphalist of Payees with the Bureau of Internal Revenue (BIR). REVENUE REGULATIONS NO. BIR Form 1604-E, or also known as Annual Information Return of Creditable Income Taxes Withheld (Expanded)/ Income Payments Exempt from Withholding Taxes shall be filed by a withholding agent who is required to withhold taxes on income payments which are subject to Expanded Withholding Taxes. 1601-F in triplicate copies. The local employer is required to report the amount of compensation income tax withheld for the year using BIR Form 1604CF (Annual Information Return of Income Tax Withheld on Compensation and Final Withholding Taxes) on or before 31 January of the year following the taxable year. • Preparation and submission of Bureau of Internal Revenue (BIR) Form 1604CF and 1604E (Annual information return of income taxes withheld. International transportation (including intra-GCC) 0%. C Corporation and individual tax returns are due. Submission of Attachments (DAT Files) For MAP, SAWT, Annual Alphalist, SLSP On eBIRForms Online Filing Revenue Memorandum Circular No. Who Shall File This return shall be filed in triplicate by every withholding agent (WA)/payor who is either an individual or non-individual, required to deduct and withhold taxes on compensation paid to employees. Most companies actually dread year-end audits. Exempt organization tax returns are due. Percentage Tax Percentage taxes are taxes obligatory on a business that sells or leases commodities, properties, and/or services, with gross yearly sales and/or official receipts that do not go over Php750,000. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) Law. 10963, Otherwise Known as the "Tax Reform for Acceleration and Inclusion (TRAIN)" Law, Relative to Withholding of Income Tax. Submission of Attachments (DAT Files) For MAP, SAWT, Annual Alphalist, SLSP On eBIRForms Online Filing Revenue Memorandum Circular No. 1604-cf (encs)-page 3 alphabetical list of employees/payees from whom taxes were withheld (format only) schedule 7. BIR Form 1604CF - composed of the summary of withholding tax on compensations (BIR Form 1601C) that was filed and paid to the BIR during the taxable year, as well as the summary list of current and resigned employees during the same period. ) the BIR Form 2316 for em­ploy­ees cov­ered un­der sub­sti. The form also requires a list (in alphabetical order) of all employees or payees of the company for whom taxes were withheld during that same year. For the new application process, read this instead: NEW KOREAN. 1 alphalist of employees terminated before december 31 (reported under bir form 2316). He is mandated to enroll and file electronically using eBIRForms whether it is a No Payment or with Payment tax return. 7 million employees in the Philippines, perhaps by now, you may have already received an e-mail or a memo from your employer asking or confirming whether you are qualified for substituted tax filing of your Annual Income Tax Return (BIR Form 1700) for calendar year 2015. 19-2015 was issued by the BIR to clarify the Frequently Asked Questions (FAQs) Relative to the Implementation of the Electronic Platform in Filing Tax Returns under efPS or eBIRForms for filing Income Tax. If you're one of the estimated 39.