Basic Business Taxation Simplified

Learn how taxes greatly affect business success, how to save on taxes by faithful compliance, and comply by easily developing wide knowledge of various technical tax rules. Equip yourself with sufficient working knowledge of taxation as applied in business setting.

Day 1

Learn fundamentals of taxation

Basic concepts on importance of taxation

Learning basic BIR business & reportorial requirements

BIR annual registrations
Securing T.I.N. & Certificate of Registration
Sales Invoices / Official Receipts
Books of Accounts
Summary list of sales/purchases
Tax returns & filing dates (manual or EFPS)
Change of address
Transfer of shares & real properties

Withholding tax system and sample applications

Expanded withholding taxes
Withholding tax on compensation
Final withholding taxes

Learning business tax types [VAT & Other Percentage taxes (OPT)]

Concept of business taxes
- When VAT, when OPT?
- Tax benefits on initial registration (VAT vs. OPT)
- VATable transactions, in general
- VAT Zero-rated transactions & treatments
- VAT application on sales to government
- Common VAT-exempt transactions
- OPT transactions by nature
- Illustrative computations
- Pricing implications of VAT

Learning Common documentary stamp tax (DST) applications and computations

Day 2

Learning Basic income taxation (individual & corporate)

What income is taxable and what income tax type is applicable?
Basic Individual income tax
Basic Corporate income tax
Allowable deductions
Income tax benefits & exempt entities (e.g. BMBE)
Illustrations on Income Tax Returns (ITR) Preparations

Learning How Tax Assessment Operate & Taxpayer’s Remedies

eLOA/TVN/TRS-TVN
Documentation, Sub poena duces tecum, & jeopardy assessment
Preliminary findings & informal conference
Preliminary Assessment Notice (PAN)
Final Assessment Notice (FAN)
Protest writing illustrations
Common errors resulting to penalties & assessments

Learning Tax Refunds & TCC

Learning Basic Local Government Taxes (CTC, RPT, & Business Taxes)

Schedule: Seminar workshop runs from 9:00 a.m.-5:00 p.m at Unit 2309 Cityland 10 Tower 1, H.V. Dela Costa St. Cor. Ayala Avenue Makati City. We can also arrange for special group of at least five (5) participants at their own venue.

Package: P5,000 plus VAT per participant – Handouts/Notes and pencils/Journals, Ledgers,& Worksheets/Comprehensive illustrations/ Seminar-Workshop Certificate/ Lunch and snacks – a.m./p.m.. Please bring calculator.

Advocate Tutor: Certified public Accountant (CPA) who has gained much professional experience being in the practice of profession for almost 15 years formerly being with the Tax Division of a law office based in Makati for more than six (6) years as Assistant Tax Manager, and being with a firm as Tax Partner; being with the academe for sometime as a full time College Instructor at Asian Development Foundation College, Tacloban City for 3 years handling taxation and accounting subjects, part-time professor in the College of Accountancy – Polytechnic University of The Philippines, Taguig for about four (4) years handling basic accounting & taxation subjects, as basic accounting teacher at Mapua Institute of Technology – Makati Campus for about 2 years, and a lecturer at some universities in Metro Manila on taxation; and a frequent resource speaker on seminars related to accounting and taxation.

Reservation: At least P2,000 reservation fee to be deposited to BDO Account (Please contact us for account details) & balance on seminar day.

Who should attends?
Highly recommended for Small & medium business owners, new entrepreneurs, accounting graduates, & interested others.

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Seminar Schedules

Permit to Use Accounting Softwares under RMC 10-2020

2019 BAR EXAMINATIONS CRIMINAL LAW

2019 BAR EXAMINATIONS MERCANTILE LAW

2019 Bar Examinations Civil Law

2019 Bar Examinations Taxation Law

Basic Business Taxation Simplified

Mar 06, 2020

Mar 12, 2020

Mar 13 - Mar 14, 2020

Mar 19, 2020

Mar 20, 2020

Mar 26, 2020

Mar 27, 2020

Apr 23, 2020

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Apr 29 - Apr 30, 2020

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