General Principles of Value Added Tax

[@margiesere]

Thank you so much, well explained po =)

[@user-gu6yw9xx9l]

Done watching po. ☺ Thank you Ma'am Elsa. This is very helpful po for us. Godbless ❤❤❤

Welcome po. Thank you also for watching.

[@anahitaloire8808]

@Laleah totoo ba? try ko nga!!!

[@nicolehern7338]

@Laleah zupp

[@user-gu6yw9xx9l]

@@anahitaloire8808 Yes po 😊

[@Rod-bp8ow]

VAT as it is designed eversince, to reconcile, allocate, create, funds allocation as well as portfolio management, and VAS Value added Services designed for VAT taxes and Tables. It is designed to protect consumers, businesses, as well as Private and Public sectors in their respective tax codes declaration, be it exporters and importers and Franchisees/Incorporators/VAT/NVAT purchase expense and Sales Reconciliation, respective Tax codes applied and implemented. It was clearly explained as well when it is VAT and Taxation, as to Fix/Graduated or Optional TAX and percentage, based on Table and percentage. Thank you.

[@gregorioamano9419]

Very detailed explanation.. have more understanding about vat now. Thank you!

[@joshualangitcustodio62]

Salamat po. Currently studying law. Not an accounting or have no background in tax so di ako makasabay sa discussions. salamat po sa clear na explanation 🥺

[@carlwashingtonpabelonio4736]

Thank u so much po! Very much helpful po

[@enjlate1486]

thank you for the detailed and in-depth explanation! talagang maiintindihan po talaga ang VAT! God bless po! waiting for more videos pa po! :>

[@venusliquit8048]

Thank you Maam..very informative😋

[@melvymerced2962]

Thank you po, very clear po ang explanation nyo

[@ChrisPerdon]

Very informative. Thank you Ma'am Elsa.

[@etherionzeira5023]

Thank you, Very understandable po

[@dannvictor0624]

Salamat po Ma'am Elsa!!!!

[@danimari8478]

Thank you so much po

[@arthuralcabaza1979]

Thank you very much...

[@arielsanpedro1484]

Mam tnx for sharing po good day tnx

[@bernadettelonon716]

how to compute input and output vat?

[@financepartnersolutions816]

Thank you Ma'am for this video. Follow up question lng po about sa namention nyo na zero-rated ang mga hotels or business sa tourism industry. Pwede po mahingi ang provision supporting that? hinahanap ko po pero parang mali ang mga nakikita ko.. thank you very much po sa pag guide! God bless you all the more po

[@marjoriemontemayor2875]

Hello po question pp . Halos lahat po ng receipts of expenses ni Doc is Food expenses ,gas and parking ,ganun din ang Groceries . *Naisama ko po sa disbursements ni Doc yung mga receipts niya ng groceries and pag bili niya ng Watch and Airtags, and Accessories na binili niya sa Sports central sa computation for VAT PAYABLE. Na submit and file and nabayaran kona po yung for 1st quarter 2550q niya . Pero hindi ko papo nagagawan ng VAT RELIEF. -ang pag kakasabi po sa akin . Amend kodaw po yung finile ko . Bago kopo ba Amend yung na file kong 2550q dapat yung VAT RELIEF na gagawin ko is CORRECTED na ? Wala na po ba dapat yung mga personal development expenses like groceries and yung pag bili ng Airtag and watch ?

[@lifeisgreat1460]

Hi! Maam, how true that Lending and Finance cannot apply as a none-vat ?

[@jorgenachua481]

thank you so much

Welcome po

[@robiandpeach3881]

Thank you

You're welcome

[@botsamenibut7953]

Ask lng po atty.dapat b mg singil ng vat ng kuryente Ang may Ari ng nagpapaupa ng bhay?? Slmat po s sagot.

[@vivianong7059]

Ma'am Elsa, maraming salamat po sa magandang kaalaman. Tanong lang po kung yun percentage tax kk aprub pa lang pwede ba ipa change to VAT?? Pls pki sagot po maraming salamat and god bless😊

[@fabepadla595]

Hello mam pwde po mg ask sa Feb.23 po yung date na registered kami sa aming COR. Kailan po yung filing ko sa VAT monthly yung 2550m? Please po

[@marissacabaron2148]

Hi ma'am Elsa, thank you for knowledge. Mam San po kayo puede makontak for some inquiries and clarification sana for hospital industry taxation. Thanks po. God bless.

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[@anyquestions-]

@ Hi ma'am a pleasant day to you po! May I ask how does expanded value-added tax help the local economy?

[@jamthetalk9986]

Hi, Ma’am. When po dapat mag file ng VAT for pre-selling of condo? Assuming wala pa talaga na buibuilt na building? TiA po.

[@philippineschooloftaxation3259]

Pag nagbayad na ng down payment ang buyer. Kung 25% na ang down payment in one year, bayaran na lahat ang VAT. Kung below 25% ang binayaran na down then, installment payment ang pagbayad ng VAT based on monthly payment.

[@jamthetalk9986]

Understood, Ma’am. Ano po timing ng recording of “Revenue” ko sa FS. Possible po ba na kahit nag reremit na ako VAT Wala pa ako irecognize na sales FS Kasi CIP pa Ang bldg. or magrecognize na po ng sales once nagremit ng Vat?

[@donalyfernandez8927]

Paano mg register???

[@carenrivera6082]

Thank you Mam, can I ask question po, non profit org po kami, may property po na Pina rent, yun pong rent more 3million, rent income po, do we have to apply for as Vat? And pay 12%

Rental is subject to VAT . You should register as VAT and pay the 12% VAT but you can claim also input tax from your purchases.

[@maryloualicia3251]

ask lang po ako ma'am, for the vat registered business,,need ba talaga mag pass ng vat relief?

Yes po. Mandatory for VAT registered person ang VAT Relief. Yan kasi ang sources ng input at output taxes na naifile sa VAT returns.

[@donalyfernandez8927]

May free seminar pa po ba???

[@melvymerced2962]

Gd Pm, Mam may inquiry po ako sa FB messenger. regrading po sa Proper invoicing

[@satsme101]

Ma'am pa avail po ng Training po

Sige po. Padala kami schedule. Nadelayed lang ngayon. May lagnat mga staff.

[@satsme101]

@ Thank you po maam, nag message po ako sa FB Page nyo po.. Jim Socobos po