Saturday, April 23, 2011


“BIR Compliance for non-VAT registered: Seminar-Workshop”

We have always been fascinated by the effort and the courage of the small and medium business owners, but is frustrated to learn that they had hard times dealing with their books of accounts and BIR compliance. For tax purposes, simple things may mean a lot and may become a material issue or headache. Thus, this seminar-workshop is intended to educate participants in basic BIR compliance so they could either do it themselves or supervise the work of their retainer-paid CPA-bookkeeper.

Learning points:
  • Understand the basic minimum requirements of non-VAT registered taxpayers;
  • Learn how to book keep your non-VAT registered service & trading corporate business;
  • Learn what BIR returns should be filed based on the transactions; 
  • Learn how to fill-out BIR Returns and avoid being assessed based on erroneous entries;
  • Learn what to write and how to make proper entries on the books of accounts;
  • Learn how to prepare simple financial statements;
  • Learn and understand the financial figures of your business; and,
  • Understand the work of your regularly paid bookkeeper and reasonably estimate their retainer fees.


  1. Fully understand when VAT, when non-VAT;
  2. Proper substantiation of income and expenses
  3. Proper substantiation of input VAT;
  4. Minimum tax types for non-VAT;
  5.  BIR allowed books of accounts; and,
  6. Comprehensive illustration
 a.       Recording on books of accounts;
                                                               i.      Cash receipts books
                                                             ii.      Cash disbursements books
                                                            iii.      General journal
                                                           iv.      General ledger
b.      Preparing and filing VAT registered BIR returns;
                                                               i.      Annual Registration (BIR Form No. 0605)
                                                             ii.      Application for registration (BIR Form No. 1903 – Corp.)
                                                            iii.      Documentary stamp tax return (BIR Form No. 2000)
                                                           iv.      Expanded Withholding taxes (BIR Form 1601-E)
                                                             v.      Final Withholding taxes (BIR Form 1601-F)
                                                           vi.      Withholding tax on compensation (BIR Form 1601-C)
                                                          vii.      Certification of taxes withheld on compensation (BIR Form No. 2316)
                                                        viii.      Creditable withholding tax certificate (BIR Form No. 2307)
                                                           ix.      Quarterly income tax returns (BIR Form 1702Q)
                              x.      Annual income tax returns (BIR Form No. 1702)
                             xi.     Other percentage tax returns (BIR Form No. 2551M/2551Q)
c.       Preparing financial statements
d.      Closing books of accounts

Schedule & venue:    9:00 a.m.-5:00 p.m. Deferred until further notice. Alternatively, we can
                                    arrange for special group of at least two (2) participants for
                                    P2,500/participant, or P2,000/participant for at least tree (3)
                                    participants at their own venue.
Package:                    Handouts/ Sample books of  Accounts/Various BIR Forms Comprehensive illustration/ Seminar Certificate. Please bring calculator.
Speaker:                     Speaker is a Certified public Accountant (CPA) who has gained much professional experience being in the Tax Division of a law office based in Makati for almost six (6) years now, and as a part-time professor in the College of Accountancy – Polytechnic University of The Philippines, Taguig for about four (4) years now handling basic accounting & taxation subjects.
Reservation:             At least P500 reservation fee to be deposited to BDO Savings
                                  Account (Please contact us for account  details) & balance
                                  on seminar day.
Who should attend:  Small & medium business owners, new entrepreneurs, accounting graduates, & interested others.

For reservation and inquiries, please contact Jobelle @ (02) 348-2193 / 0922-856-2358 or send mail to

 "Taxes affects lives, care for taxes and save lives."