Creditable & Final
Withholding Income Tax
“How to Calculate & Process Expanded & Final Withholding Tax 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: Oct 15 (PM) | Dec 17 (AM)
Live Seminar:
Duration: 1 day x 8 hrs
Time: 9am to 5pm
Schedule 2025: By Special Arrangement
Course Description
In the Philippine tax landscape, withholding taxes are crucial mechanisms for income tax collection and compliance. This training provides a comprehensive overview of the principles, procedures, and compliance requirements related to Creditable (Expanded) and Final Withholding Tax (EWT and FWT). Participants will learn how these withholding systems function, the applicable rates, reporting obligations, and best practices to ensure accurate and timely tax remittance in accordance with Philippine regulations.
Performance Objectives
Upon completion of this training program, participants will be equipped to accurately compute, withhold, report, and comply with Creditable (Expanded) and Final Withholding Tax requirements under Philippine tax laws.
Learning Objectives
By the end of this course, the participants shall be able to:
- Identify the key features and scope of withholding taxes in the Philippine context.
- Calculate the correct amount of Creditable (Expanded) Withholding Tax (EWT) to be withheld from applicable transactions.
- Determine which income types are subject to Final Withholding Tax (FWT) and apply the appropriate rates.
- Implement proper compliance procedures in reporting and remitting withholding taxes according to BIR regulations
Course Topic Highlights
- Definition and purpose of withholding taxes
- Philippine tax laws governing withholding tax
- Types of withholding taxes: Creditable vs. Final
- Expanded Withholding Tax (EWT)
- Transactions subject to EWT
- Applicable rates and exemptions
- Computation of EWT at source
- Reporting and tax credit considerations
- Final Withholding Tax (FWT)
- Types of income subject to FWT
- FWT rates and exemptions
- Withholding responsibilities of the payor
- Filing and remittance procedures
- Compliance, Reporting, and Best Practices
- Filing requirements (BIR forms, schedules)
- Recordkeeping and documentation standards
- Common errors and how to avoid them
- Updates & recent changes in tax regulations
Who Should Attend?
Accounting and finance professionals, tax officers, auditors, business owners, and compliance officers involved in tax reporting and remittance processes, or anyone seeking a clearer understanding of Philippine withholding tax regulations and procedures
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..