INCOME TAX COMPLIANCE for NON-VAT BUSINESSES

BIR Form 1901:
www.bir.gov.ph...
Accredited Printers per RDO:
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[@user-ov4dw3yr5d]

Thank you po sa Vlog ninyo. Malaking tulong po.

[@finetteb.9931]

Nice vid. Sana magkaroon kayo tutorial vid ng pagsusulat sa cash receipts book, cash disbursement, ledger and journal 👌

[@jordanarandia3363]

very informative

[@zorrocool10]

Thank you po sa enlightenment, may katanongan lang po, yung sample computation is monthly po yan? and yung sa 8% sample, kung hindi umabot ng 250k ang sales, zero po ang tax? Thank you..

[@maryannp.denampo2778]

nice explanation very helpful..ito lang ang video na nakita ko na well informed,god bless

[@MsIce]

Thanks

[@bennyduenas7265]

@@MsIce good evening po mam, pa help naman ho ako.... panu po ba kau makontak? o matxt o ma PM? tia

[@MsIce]

@@bennyduenas7265 message na lang po kayo sa page ng FamWanders

[@regahalkimberleyo.5492]

Truee!

[@mys-lj]

Thank you sa information. 🙂 Sana may video po kayo about percentage tax Non-Vat for online business. 😁

[@MsIce]

Soon mag upload ako

[@cristinabravo8201]

small sarisari store po sa Bario kanilang po ba na magtax sa bir mam

[@IsraelJerusalem-hy7wl]

Salamat po sa information.......yung business q na maliit na hardware napa register q sa vatable.....nagkamali po aq dapat pla sa non-vat q lng sya pinaregister....paano po gagawin kung ipapa non-vat register q sya...? Ssna mabigyan nyo po aq ng idea salamat

[@LivingWell.]

hello po, baka meron po kayo tutorial on how to write sa OR para sa bills payment? thanks

[@regahalkimberleyo.5492]

Thank you for the knowledge mam!

[@cesarcastillojr]

Tnx for sharing

[@Blueprince]

sa Non vat tuwing anong month po nagbabayad

[@sunflowersunflower8052]

Ano po ung allowable deduction sa 8% income tax? Salamat po. Sana masagot

[@Butz455]

Thanks, God bless po..

[@mengmengs2432]

Mam sana po magawan niyo video pano yung ninvat registered mag register ng employee? mga needs po i-comply salamat po

[@KuyaVin1106]

Ano po ang gamit nun columnar 4 columns at columnar 14 columns

[@rozhenialiwanag9527]

Hi po, pa help po, kukuha po kc kami ng bir para sa business namin na wholesale/retail, yun mga product na dinedeliver sa amin may SALES INVOICE, mas better po ba sa itemized ded. Paano po computation nun

[@eloandelaworld]

Hi pano po kapag ung last quarter ko po is nag negative taxable income ako, then mag fifile ako this quarter idedeclare ko pa din po ba yung negative taxable income last quarter or ilalagay ko nlang siya as ZERO?

[@familydesoto7424]

Hi maam ask ko lang kung november 14 2022 na register yung business need ko na ba mag file agad for 3rd quarter kahit walang nagamit na resibo. Salamat po sa sasagot

[@CecilleMarquez]

Hi Ms. Ice. Applicable din po ba ito sa Sec registered LTD po but Non - Vat business din naman po

[@caironcabib9817]

Mam my motor parts po ako gusto ko lang malaman kung halimbawa sa oil na bininta ko ay P300 pesos at puhunan ay P250 magkano tax ko jan

[@christinejoyabaya]

Paano po kung di po nagamit lahat ng resibo or walang pumasok na income. Pero ipapasara na lang ang business

[@alonagalo7789]

Pano po mag entry sa book acc ng bir ? Tapos what if kng ung mga ibang item walang resibo ? Ano pwede gawin ? Im online seller po ng motor accessories

[@kristinsito7973]

Hello po, question po. If 8% po ung napili, ibabawas po ba sa taxable income ung nabayad sa SSS, Philhealth, PAGIBIG?

[@marrianepernecita2202]

Hello ma'am.. kumuha po ako cor sa bir nung aug po..kelan po kaya unang bayad namin ng tax sa bir? maam pag mag file ba sa bir sabay bayad na din po ng tax? Pano po malalaman kung magkano po babayaran?sa transport services po sole proprietorship po business namin.thanks

[@eugenedavidanna2330]

paano po kung services like auto repair service?

[@jhon73120]

Paano po kapag digital receipt na system generated? ano pong type yun?

[@charizzalegisma2322]

What if the receipts are named after the sole proprietor? Would it be okay?

[@user-ov4dw3yr5d]

Nga pla po, Paano po kung walang income ang business? paano po magdeclare sa BIR pagnag file? Thank you po. Sana po soon makareply po kyo. Thank you Mam

[@MsIce]

Mag zero filing po kayo. Same filing lang sa may income, except zero lang po ilalagay.

[@angel1511__]

Hi po need pa po ba ng carbon paper kasi may white at pink sa invoice. Ano po ang ibibigay sa customer ung color pink po or white? Ano po lalagay ko sa business style pag Cosmetic makeup po health and beauty products trading?

[@jadepiyao7038]

Always white po sa customer.

[@graceykeeneyes680]

maam gawa po kau tutorial pano magsulat/file s mga columnar boor s bir

[@graceykeeneyes680]

tnx po

[@josefirmalino2605]

Baka nman po maloko ako ng printing press..

[@cathygreff99]

Ok lng po ba yung dti na 500 though online ka ( so malaki ang scope ng area ng business mo like Marketplace/ FB )?

[@taleeserrano329]

Pede po next naman yung 3% naman po . Newbie lang po sa business . Hndi ko alam pano mag file

[@MsIce]

kzbin.info/www/bejne/rGW6Zp6pppugd9k Please refer to this video

[@zoedelacruz6945]

Ask ko lang po if anong dapat iinclude po sa cost of sales? Lahat po ba ng receipts directly related sa products na binebenta? Since cash basis po sa tax kaya lahat ng binayaran for the quarter?

[@MsIce]

Yes, just make sure that they're all named after your business name and complete ang details ng business mo sa Sales Invoice or Official Receipts

[@zoedelacruz6945]

So regardless po kung nabenta or hindi, icoconsider po siya? No consideration of the ending inventory?

[@melaniebriguera925]

Hi mam.gud pm, may ask po sana ako about filing ng 4th qtr 2551Q db covered month is OCT., NOV,DEC 2021.. Ang ask ko po is paano po if DEC.lang may sales tapos 1k plus lang total un na po ba lagay ko encode sa eBIRforms na 2551Q 4th qtr? bago lang register business po. Thank you

[@MsIce]

Yes po, kung magkano lang sales for the quarter, and in your case nga, sa December lang may sales.

[@josefirmalino2605]

Mam gud am.. bago lang Po ako sa negosyo.. any idea po mam if how much magpagawa ng sale invoice sa printing press.. 10 booklet po..

[@MsIce]

Mga around 2k lang po yan.

[@tessismyname4700]

Hello po ano requirement po sa pag nag change po from non vat to vat. Ano dadalhin po. And pag non vat ka po ano ano ang form na dapat isubmit via online po salamat po

[@jnarra7338]

may i ask lang madam, non vat po ako, pwede ko bang iapply as expenses sa graduated itemised item ,ang nag papartime job sakin. payslip lang binibigay ko sa kanila.

[@MsIce]

Yes pwede po, basta irereport nyo sila either sa 1601C (withholding tax on Compensation kung as employee) or sa 0619E (previously 1601E, creditable withholding tax, kung as contractors)

[@maryjoyagramon6159]

Mam pag mini grocery po b need pdin mgbayad ng income tax paano po ang process dun

[@jasonflorendo9098]

Question po. 1. Valid po ba as cost of sales yung sales invoice ko kung binili ko sa international online shopping yung item na binebenta ko? For example, binili ko yung item sa Amazon then yung sales invoice doon na nakaname sa business ko? 2. Can I use yung 8% (Train Law) kahit na employed ako as IT professional? Kung may idea lang po kayo. Thank you!

[@jasonflorendo9098]

Additional context po sa question no.2 ko. Ang sabi po kasi sa explanation niyo is "Any self-employed individual whose gross.....etc". Since employed po ako as IT professional, hindi ko po ba pwede i-avail ang 8% income tax rate? Maraming salamat po.

[@MsIce]

1. Generally, yes. Btw, malaki ba ang amount? May binayaran ka bang customs duties and taxes? Yung international purchase mo, is it just a one-time purchase or magiging regular source mo na sya ng inventories mo? The reason I asked is because the treatment/compliance requirements will be different. 2. Unfortunately, no.

[@jasonflorendo9098]

@@MsIce I see. For no.1, included na po sa shipping yung customs, duties and taxes po since DDP ang incoterms ko. It should be fine po naman po ba? Yes magagaing regular siya sa inventory ko and medyo malaki po amount if ever. Maraming salamat po sa pag reply niyo Ma'am.

[@MsIce]

@@jasonflorendo9098 yes kaya lang since magiging regular transaction mo yung pag import, just prepare all your documents for future BIR audit (You have to show to the BIR the Import Entry Declaration, the Customs Duties VAT and Import Processing Fee na binayaran, with matching BOC Official Receipts. Pati na rin yung mga binayaran nyo sa customs broker, freight, warehousing fee, arrastre, stevedoring, etc.). Btw, importation is not my forte, so the things I shared are kind of basic lang. If you need further info and guidance on your import transactions, it's best to engage a service of an Accountant who specializes in that area to avoid future assessments from BIR.

[@jasonflorendo9098]

@@MsIce alright. Thank you so much for the info po. More power po sa inyo!

[@jjuyofficial7559]

pwd po ba magamit yong receipt ng goods na n.purchase mo galing sa supplier sa abroad?

[@catalandivina]

Hello po Mam, new subscriber here. Meron po kayong sample po para sa construction business?

[@jonahdevera512]

yes po pa share po ng sample. thanks

[@cristinat.5810]

Hi ma'am, kung ano lang po ba tax type nakalagay sa COR, un lang icomply? Tax type is income tax & annual reg fee lang po nakalagay duon kasi sila nagsuggest na un 8% IT gamitin. Then later on, na-update po un COR namin into BMBE registered (income tax exempted), noong na-update and COR, hindi po nila binago un tax type sa COR, paano ko po babayaran un %age tax? Paulit ulit na kami bumalik sa BIR para itanong un %age tax, but paulit ulit din nila sinasbi na kung ano lang un nasa COR un lang babayaran, but BMBE is income tax exempt... ano po pede gawin?

[@MsIce]

Generally, dapat kung ano lang nakalagay sa COR, yun lang ifa-file and pay. But, since BMBE registered individual is not qualified to avail of the 8% GIT, you need to file Percentage Tax kahit na wala sa COR. You can have it updated later on. Mas mahirap at mas magastos ma-assess ng under payment. Btw, please don't forget to still file your quarterly Income Tax Return kahit na exempted ka sa IT.

[@cristinat.5810]

@@MsIce Thank you po sa reply. Regarding ITR, work around po ba gagawin namin para maging zero? Di po ba magkakaproblema? Wala po kasi sa choices un tax exempt. Anong BIR form po pala gagamitin ng isang BMBE Registered sa annual ITR filing , 1701 or 1701A?

[@kelwattapak3275]

online seller ako mga products ko from taytay tax type is 8 percent much better ba magpalit ako tax type to OSD?

[@MsIce]

Depende po sa annual income nyo. You may compute the tax for both income tax schemes to compare which one's beneficial to you.

[@twin0614]

Non-vat po ako mam, kung halimbawa po lpg business po sa akin gross sales 1500 quarterly po. Expenses ko po, 1218. Magkano po kukunin bir don mam. Thanks po

[@MsIce]

Depende yan mam kung anong tax scheme ang gagamitin mo.

[@lowendurante3681]

Do i need to declare sa registration na gagamitin ko yung itemized deduction or automatic na pwede ko pong gawin yun? Thanks

[@MsIce]

Itemized deduction yung default kaya no need to declare sa Registration

[@lowendurante3681]

@@MsIce thank you po

[@amonguscakerobloxzionreyes7492]

Hello.. Paano kun meron isa na nagmamanage or may admin staff ako like 2 sila.. Kasama yan s expenses right? Anong document ang pwedeng maging proof for the salary? Thanks

[@MsIce]

Internally, you can make a payslip, pero for your records, pwedeng Payment Voucher na signed nila once na issue mo na yung payslip. For compliance purposes, you need to withhold tax from their salary and file & pay 1601-C on a monthly basis, every 10th of the following month ang deadline.

[@jnarra7338]

pwede ko bang ilagay sa expense ko yong mga nagpapart time

[@vmlipio2006]

Hi! I hope youll be able to ready my comment. Thank you for uploading your video. very helpful po sa sa mga start up online sellers. I'm applying for a Sole Proprietor, Non Vat business, Solely business income sa BIR, po. My business is online selling of Bottle liquid eggs and other merchandize na na bibili sa taytay like garments na walang resibo. pag nag mag compute po ako ng ITR ko, Pwedi po ba yun combination ng Itemized Deduction and OSD? if Not Ano po suggestions nyo? Looking forward po ako sa respond nyo. Sana po matulungan nyo ako Thank you very much

[@WorldwideTopTier]

Hot mo naman, salamat

[@AbigailFrancisco]

Hello mam. Is this also applicable for OPC?

[@nieldesingPH]

Hi madam meron lang po ako tanong meron po ako business nonvat po ang business ko at ang contract kopo labor only.. Halimbawa po may collection ako 500k labor cost lang po panu po yung computation ng taxes non salamat po sana po maka received ako ng reply mo salamat po..... 😊😊😊😊

[@MsIce]

First time nyo pa lang po ba magfa-file ng Income Tax?

[@nieldesingPH]

@@MsIce op0 madam firstym lang po gusto ko lang po malaman kung magkano makuha sa tax pag ganun... Kasi nakita ko sa example mo may item na kasali... So yung sakin kasi labor cost lang po

[@MsIce]

@Niel Constantino since first time nyo pa lang pong magfa-file ng income tax, makakapili po kayo kung anong magiging beneficial sa inyo. Same lang naman po yung logic sa na-discuss ko sa video na to. Since labor cost po ang source ng revenue nyo, OR ang iniissue nyo, at yun ang basis ng Revenue nyo for income tax reporting. Kung lahat po ng expenses nyo related sa income nyo ay may OR at Sales Invoice, graduated income tax po ang gamitin nyo para maibawas nyo sa Taxable Amount yung mga receipted expenses nyo. Otherwise, 8% Gross Income Tax or OSD po gamitin nyo l.

[@travelbudsblogs978]

Maam For ITR annual din po ba ito?

[@MsIce]

Quarterly po, then may annual

[@travelbudsblogs978]

@@MsIce Thank you po, Kudos to your channel, very well explained po 👍💙

[@markanthonybayoran8423]

Wala pala akong tax n babayaran mam kasi ung kita ko a year d n abot ng 250k

[@MsIce]

Yep, but don't forget to file your income tax return pa rin 😊

[@melitonmitra2325]

mam pwde ko po b mahingi number nio or fb may tatanung lng po ako salamat