Basic Accounting for Non-Accountants: Accounting Seminars

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

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.