VAT & Percentage Taxes
“How to Calculate and Process VAT & Percentage Taxes with BIR Compliance”
Live Zoom Webinar:
Duration: 1 session x 4 hrs
Time: AM Sched = 8:30am-12:30pm | PM Sched = 1:30-5:30pm
Schedule 2025: Sep 29 (PM) | Nov 24 (PM)
Live Seminar:
Duration: 1 day x 8 hrs
Time: 9am to 5pm
Schedule 2025: By Special Arrangement
Course Description
Understanding the complexities of VAT and Percentage Tax is vital for accurate compliance and effective tax management. This training provides an in-depth exploration of the technical aspects of VAT, including system overview, calculation methods, exemptions, and compliance procedures, all aligned with current Philippine regulations. Participants will learn practical approaches to properly register, compute, file, and audit VAT and Percentage Tax obligations, ensuring adherence and optimization of their tax processes.
Performance Objectives
Upon completion of this training program, participants will be equipped to accurately determine, compute, report, and comply with VAT and Percentage Tax regulations in the Philippines.
Learning Objectives
By the end of this course, the participants shall be able to:
- Explain the fundamental concepts, legal basis, and coverage of VAT and percentage tax
- Identify the requirements for VAT registration, perform basic VAT computations, and prepare documentation
- Demonstrate the proper procedures for VAT filing, reporting, and claiming input tax credits in compliance with BIR regulations
- Analyze scenarios, identify common compliance issues, and stay updated on recent laws & regulations
Course Topic Highlights
- Foundations of VAT & Percentage Tax
- Definitions & Basics of VAT & Percentage Tax
- VAT System: Legal & Operational Framework
- Coverage: Who is Subject to VAT & Percentage Tax
- VAT & Percentage Tax Registration, Computation & Documentation
- Percentage Tax on Professional Income & Small Business
- Zero-rated Sales of Goods or Services
- VAT Exempt Transactions: Scopes & Exemptions
- Allowable Deductions in VAT
- Sample Official Receipt & Invoices: Format & Compliance
- Filing, Reporting & Compliance Procedures
- Tax Credits Principle: How to Claim & Document
- Gross or Net VAT Liabilities
- Practical Applications, Issues & Updates
- Common Errors in VAT Compliance & Reporting
- Handling BIR Audits & Inquiries
Who Should Attend?
Business owners, accounting and finance professionals, tax officers, compliance personnel, and entrepreneurs seeking a technical, in-depth understanding of Philippine VAT and Percentage Tax systems to ensure accurate compliance and efficient tax management.
Rate:
| Webinar: |
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Php2,250 + VAT |
| Seminar: |
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Php4,250 + VAT |
Notes:
- Live Webinars are conducted via Zoom and includes eCertificate of Completion. Printed Certificates may be requested with minimal processing fee of Php100 plus shipping fee.
- Live Seminars will be held at Businessmaker Training Center in PSEC-Tektite, Ortigas Center, Pasig City. Regular Seminars include: Certificate of Completion, Seminar Kit, Meals and Drinks.
- Live Seminars include non-transferable one-time refresher seminar session within one year.
PAYMENT METHODS:
You may pay via check at our office or you may use any of these payment facilities:
Bank Deposit
Bank Account Name: Business Maker Academy, Inc.
Bank Account Numbers:
BPI SA# 4013-0306-64
BDO SA# 000-280-622-422
Landbank CA# 3732114830
Paypal/Credit Card
We accept paypal or credit card payments. If you wish to use this payment method, pls register and click on paypal as your mode of payment. Our representatives will contact you to provide our official paypal link and assist you in processing payment.
Dragonpay
We accept payments via e-wallets, credit card, online banking or over-the-counter payment centers via Dragonpay. Pls register and choose Dragonpay payment method. Our representative will contact and provide you with our Dragonpay link and assist in processing.
Gcash
We accept Gcash payments. Pls register and pay using this QR code.
DON'T FORGET TO CONFIRM YOUR BOOKING
CONFIRM TO ATTEND THE CLASS:
Please send your proof of payment and include your name, course & class date to:
Viber#: (0912) 2231826 or
Email: info@businessmaker-academy.com
Important Note: Business Maker Academy Inc. is a VAT-registered company. TIN# 223-672-691-000 VAT. For zero rated or VAT exempt companies, please include your Certificate of Exemption. Provide Form 2307 or Certificate of Tax Withheld if payment done with tax withheld. Please withhold only 2% as we are classified as suppliers or contractors of service.All bank payments should be directly deposited to our official company bank accounts only under account name:
Business Maker Academy, Inc. Please be advised that no other individual/personal bank account is authorized to collect payment on behalf of the company..