Value Added Tax and Other Percentage Tax (Webinar)

Value Added Tax and Other Percentage Tax

About the Webinar

Overview

As of this date, there are several significant developments that emerged concerning value-added tax (VAT) and other percentage taxes in the Philippines. The webinar provides a comprehensive but practical summary of VAT and other percentage taxes in the Philippines. It covers key concepts, legal foundations, and the tax structure under the National Internal Revenue Code (NIRC). Participants will learn about taxable transactions, registration requirements, exemptions, computation methods, and filing deadlines. The session also addresses common compliance pitfalls, industry-specific applications, and recent tax updates.

Objectives

By the end of this webinar, participants will be able:

● to acquire solid understanding of fundamental concepts on value added tax (VAT) and other percentage tax
● to gain knowledge in determining taxable transactions and entities and able to analyze how VAT and percentage tax regulations are applied in different industries
● to develop competency in the interpretation of applicable tax laws and updates on VAT and other percentage tax in order to compute the tax liabilities accurately and avoid compliance errors
● to acquire learnings on the implementation of best practices for tax compliance

Who Should Participate

● Business Owners and Entrepreneurs of small and medium enterprises (SMEs) and large corporations
● Accountants and Bookkeepers
● Sales and Finance Personnel
● Tax Compliance Officers
● Any Individuals filing tax returns

Key Topics

I. Overview of Value Added Tax (VAT) and Other Percentage Tax

a. Definition of VAT and Other Percentage Tax
b. Purpose of VAT and Other Percentage Tax
c. Difference of VAT and Other Percentage Tax

II. Legal Basis and Regulatory Framework

III. Registration and Compliance Requirements

IV. Taxable and Exempt Transactions

a. Types of goods, services and entities subject to VAT
b. Exemptions and zero-rated transactions

V. VAT and Percentage Tax Computation

VI. Filing and Payment Procedures

VII. Common Compliance Issues and Penalties

VIII. Industry-Specific Applications

IX. Recent Updates and BIR RMO and RMC Issuances

X. Best Practices for efficient tax management and avoiding compliance risks

XI. Actual Workshop

a. Read the case study sample
b. Identify and compute the correct taxes

XII. Question and Answer / Open Forum

Schedule: Click to view BusinessCoach Seminar Schedule »

Duration

6 hours (via ZOOM)

Requirements

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

Registration Details

Webinar Fee

Php 3,500.00 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 »