Tax Seminars: Principles of Taxation in the Philippines

Venue: 1620 City & Land Mega Plaza, ADB Ave. Ortigas Center, Pasig City
2020 Schedules: Apr 28-29 | May 12-13 | Jun 16-17 | Jul 14-15 | Aug 11-12 | Sep 15-16 | Oct 13-14 | Nov 10-11

I. Overview:

Tax Seminars: Principles of Taxation in the Philippines is a training course to take on the confusing topic of Taxation in the Philippines and discuss it in a more understandable and practical light.

Learn helpful Personal and Corporate Taxation law in terms of income tax preparation, allowable deductions, and solving common issues.

We make sure that our tax seminars has the most up-to-date materials so that you will learn the most useful and relevant principles of taxation possible.

WHY ARE WE PASSIONATE FOR YOU TO LEARN?

WATCH THESE VIDEOS!

II. Objectives:

By the end of the seminar, participants will be able to:

To have the theoretical and practical understanding of Taxation in the Philippines. And also learn the role of Bureau of Internal Revenue (BIR) in your business.
To be knowledgeable of Value Added Tax (VAT) and other Business and Personal Taxes.
To be able to compute for gross and taxable income in both Personal and Corporate situations through tax simulation exercises.
To be conscious of the different Tax Deduction Measures.
To appreciate Taxation in the Philippines in a timely and engaging way.

III. Who is this for?

• Aspiring Entrepreneurs
• Business Owners
• Tax Department Employees
• Tax & Accounting Students
• Tax & Accounting Professionals
• Other Professionals
• And anyone who wants to Learn Philippine Taxation

IV. Course Outline:

1. Income Tax Principles: What is Tax?

2. Corporate Income Tax: 2.1 What is a corporation?; 2.2 Corporations Exempt from Income Tax; 2.3 Normal & Minimum Corporate Income Tax (NCIT-MCIT); 2.4 Illustration (Quarterly & Annual); 2.5 FS Presentation (Quarterly & Annual); 2.6 Filing of Returns (Quarterly & Annual); 2.7 Exempt Income; 2.8 Rules on deductibility of expenses; 2.9 How to file BIR returns; 2.10 Common Income Tax Issues

3. Value Added Tax: 3.1 What is VAT?; 3.2 VAT registration; 3.3 VAT Invoice and VAT Official Receipt; 3.4 Invoicing Requirements; 3.5 VAT transactions and rates; 3.6 Accounting treatment for VAT; 3.7 How to fill up VAT returns & Deadline; 3.8 Common VAT Issues

4. Withholding Tax at Source: 4.1 What is withholding tax?; 4.2 Persons required to deduct and withhold; 4.3 Types of withholding tax; a. Expanded withholding tax; b. Withholding tax on compensation; c. Final Withholding tax; d. Fringe Benefit Tax; 4.4 How to fill up the BIR returns; 4.5 Common Withholding tax issues

5. Tax assessment, surcharge and interest

Pricing and Training Options:

Consultation/Executive Training

Additional Training Value: Financial Statement Analysis, Tax Implication, Business Process Review

Regular Training Rate: Php 30,000.00 (inclusive of VAT)
Who is this for: Business owners, Executives, and Managers
No. of Participants: Maximum of 2. (Additional participant: Php 8,000.00)
No. of Day(s): 2

Public Training

Additional Training Value: Q & A and Intensive Hands-On Exercises

Early Bird Rate: Php 7,310.00 (inclusive of VAT)
Regular Training Rate: Php 7,745.00 (inclusive of VAT)
Who is this for: Aspiring Entrepreneurs, Business owners, Accounting Professionals and Students, Other Professionals, and anyone who wants to learn accounting
No. of Day(s): 2

In-House Training

Additional Training Value: Financial Statement Analysis (Ratio), Q & A

Regular Training Rate: Rate depends on the no. of participants (inquire for quote)
Who is this for: Small, Medium, and Large Enterprises
No. of Day(s): 2

Frequently Asked Questions

What are my training options?

Option 1: Consultation/Executive Training
High-Intensity Training for People who wants to learn the practical uses of Accounting in Business. This training is customizable; you can pick and choose the topics to be discussed. We can also use your company’s books of accounts for the examples.
Your schedule, your interest, your way.
Option 2: Public Training
There is a training schedule for the entire year, you will choose from all the dates that is most convenient to you, and enjoy the training with other people of same interest. Engage in intellectual conversations with Businessmen, Accountants, and other Professionals.
Option 3: In-House/Corporate Training
What if I can’t choose a convenient date for my company to join the public training? Tell us your schedule, desired topics, venue and we will bring the training to you!

How much is the Training?

Option 1: Consultation/Executive Training
2 Participants: Php 30,000.00
Additional Participant: 8,000.00
Option 2: Public Training
Early Bird Rate: Php 7,310.00
Regular Rate: 7,745.00
Option 3: In-House/Corporate Training
It varies. Send us your requirements then we’ll provide you a proper quotation.
* Prices provided are all Inclusive of VAT

How do I know if I’m officially registered?

You are officially registered to a training after you complete a 2-step process. You’ll have to fill out a registration form and then settle the training fee.
You can pay through bank transfer or at our office.

What are the inclusions of the training fee?

• Full-Day Access to the Training Program
• Printed Copy of the Presentation
• Worksheet
• Lunch
• Merienda
• Certificate of Completion

Will I receive a certificate after the Training?

Yes, but it will be given only to those participants who will accomplish the entire training program.

After the training, can I ask for assistance if I have difficulties regarding the application of my learnings?

Yes. We understand that we can’t expect everyone to master accounting in one training. We’ll continue having conversations with you so we can help you every step of the way.

I have other questions not provided in this list.

You can send us inquiry through this page.