Business Taxation Made Easy (Webinar)

Business Taxation Made Easy

About the Webinar

Overview

Business taxation is extremely important but the lack of training on this subject has made most people avoid giving it the proper attention. Most leave the matter to the accountants but ultimately the person in charge will be liable regardless of his/her ignorance.

The webinar presents the procedures and computations in a simplified manner so as to enable the participant to have a good basic knowledge of business taxation after completing the program.

Objectives

● To learn what business taxation is.
● To understand the fundamental laws relevant to business taxation.
● To be familiar with the registration procedures and guidelines and reportorial requirements by the taxpayer and his trade, business, and profession.
● To be familiar with the types of taxes, BIR forms used in filing the return, deadlines of filing and payments and the computation of amount that should be reflected in the returns.
● To be aware of the possible remedies in case of tax assessment.

Who Should Participate

● Professionals
● Businessmen
● Bookkeepers
● Accounting staff

Key Topics

I. Fundamentals of taxation (What is business taxation?)
a. Taxation and taxes definitions
b. Types of Internal Revenue Taxes and persons liable to pay
c. Types of Taxpayer
II. Certificate of Registration (COR)
III. Taxpayers registration guidelines and procedures
IV. Update, transfer and cancellation of registration
V. Annual registration fee
VI. Registration of invoices and receipts
VII. Registration and keeping of books of accounts, manual and computerized
VIII. Tax returns, forms, deadlines of filing and payments and procedures for filling-up
IX. Business Taxes
1. Value Added Tax (VAT)
a. Persons and transactions subject to VAT
b. VAT rates and computation
c. Exempt transactions
d. Zero rated transactions
e. Withholding on VAT
2. Other Percentage Tax
a. Tax on persons exempt from VAT
X. Withholding Tax System
a. Expanded Withholding Tax
b. Withholding tax on wages
c. Final Withholding Tax
XI. Income taxation
a. Corporate Income Tax
b. Individual Income Tax
XII. Basic taxpayers’ remedies in case of tax assessments.
XIII. Question and Answer
XIV. Workshop – please bring a calculator

Schedule: Click to view BusinessCoach Seminar Schedule »

Duration

2-day session (total 12 hours)

Requirements

• Mobile phone, tablet, computer, or laptop
• Download free ZOOM app
• Internet connection
• Good audio connection

Registration Details

Webinar Fee

Php 7,000.00 per participant (inclusive of e-Handouts and e-Certificate) to be paid at least 3 banking days before the event

Reservation

Please call to register, or you may download our registration form. Kindly fill-out and send to us through fax (8727.88.60) or email. You will receive a confirmation within 48 hours.

Mode of Payment

Deposit/Transfer cash payment to Banco de Oro:

• Savings Account Name: BUSINESSCOACH, INC.
• Savings Account Number: 00235-003-71-22

Kindly email deposit slip or screen capture of payment details (indicate name of participant and seminar title) to confirm reservation.

Note

Schedule may change without prior notice. Please call to confirm. BusinessCoach, Inc. is not liable for any expense incurred by seminar registrant resulting from cancellation of any of its events.

Contact Details

Contact Numbers

Please call (632) 8727.88.60, (632) 8727.56.28, (632) 8569.78.84 or (632) 8569.46.90 or call/text mobile numbers 0915.205.0133 / 0908.342.3162 / 0926.622.0768 / 0933.584.7266

Inquiries

For other inquiries, you may also leave a message in our contact form »