Latest Update on BIR Compliance and Registration
(BIR TAX COMPLIANCE REQUIREMENTS FOR 2024)
ATTENTION: Chief Accountants, Treasurers, Administrative Officers, HRD, Business Owners/Employers
Available On-Site Seminar Schedules
29 June 2024 | Saturday | 1:00pm-4:30pm [STATUS: CANCELLED]
Venue: Century Park Hotel - Manila
FEATURING:
Relevant Changes on BIR Compliance and Registration
Filing and Pay Anywhere (Regardless of Venue) Under Ease Of Paying Taxes Act (EOPT)
I. COVERAGE AND CLASSIFICATION OF TAXPAYERS
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MICRO SMALL TAXPAYER, SMALL TAXPAYER, MEDIUM TAXPAYER, LARGE TAXPAYER
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PURPOSE of classifying taxpayers
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NOTIFICATION on the classification/re-classification of taxpayers
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TRANSITORY PROVISIONS on the classification of taxpayers
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II. VAT INVOICE AS PRINCIPAL INVOICE ON SALE OF GOODS AND SERVICES/LEASING FOR CASH AND CREDIT SALES; NON-VAT INVOICE BASIS OF PERCENTAGE TAX LIABILITY OF SELLER
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SUPPLEMENTARY DOCUMENTS
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Official Receipt
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Delivery Receipt
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Purchase Order
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Collection Receipt
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Non-Valid Proof to Support the Claim for Input Taxes
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INVOICING REQUIREMENTS FOR VAT-REGISTERED
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Information contained in VAT Invoices
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Information contained at the bottom portion of manual invoices
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Information contained at the top or bottom portion of Cash Register Machine (CRM) / Point of Sales Machine (POS) / Other Similar Machines or Software
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Information contained in Computerized Accounting System; Computerized Books of Accounts (CBA) with accounting records and/or components and other similar systems
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Accounting Requirements: Books of Accounts - subsidiary sales journal; subsidiary purchase journal in additional to regular books
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TICKETS and other similar forms as invoices
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Transportation tickets
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Event stickers
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Amusement tickets
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Movie tickets
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Parking tickets
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Electronic tickets
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Gambling tickets
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PRINTING OF INVOICES
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CONSEQUENCES OF ISSUING ERRONEOUS VAT INVOICE
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PRESERVATION of Books of Accounts and other Accounting Records under Section 235
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Examination and Inspection of Books of Accounts and other supporting papers and documents
III. REGISTRATION REQUIREMENTS
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Manner and Time of Registration
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Place of Registration
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Individual
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Non-Individual
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Non-Resident
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OFW
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Hired Employees
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E.O. 98
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ONETT
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Branch / Facility
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Registration of Business Taxpayers
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Certificate of Registration (COR) for Head Office/Branch/Facility
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Invoicing Requirements
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Bookkeeping Requirements
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Notice to Issue Invoices
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Initial Briefing to Taxpayers
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Online Seller/Merchants Registration
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Registration of Business Name (DTI/SEC)
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Posting of COR/Posting of Registration on Online Websites, e-Commerce/e-Marketplace/Merchant's Page and other Platforms
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Registration of Tax Types
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Cancellation of Registration
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Transfer of Registration (Business and Non-Business)
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Unlawful Pursuit of Business
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Transitory Provisions
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Certificate of Registration
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Unused Official Receipts
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Convert and Use of Remaining OR
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Reportorial Requirements
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CRM
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POS
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eReceipt
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eInvoice
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IV. FILING AND PAYMENT TO BE MADE ELECTRONICALLY OR MANUALLY REGARDLESS OF VENUE
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MODES OF FILING electronically or manually regardless of RDO
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Removal of Civil Penalties in case of filing of return at the wrong venue
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Non-Filing of ITR by OCW/OFW
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Individuals not required to file ITR
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Removal of additional requirement for deductibility of certain payments
V. OPEN FORUM
ON-SITE SEMINAR FEE: Php. 4,000.00 (Early-Bird Rate) | Php. 4,500.00 (On-Site Rate)
(Payment made through bank deposit atleast 1 day [cut-off time: 4:00pm] before the seminar)
(Credit/Debit Card payments are accepted via PayPal)
*Please make all check payments payable to "IPG Training Institute for Professional Advancement"