tag:blogger.com,1999:blog-2637715539829336383.post6465859601849765138..comments2024-03-06T00:15:20.101+08:00Comments on tomtax: Concerns on Registration as Practicing Professionaltomtaxhttp://www.blogger.com/profile/11151685342107293386noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2637715539829336383.post-86927971911716039002012-09-11T14:44:56.602+08:002012-09-11T14:44:56.602+08:00Hi Fusia, when you get your COR. Your RDO or BIR b...Hi Fusia, when you get your COR. Your RDO or BIR branch should indicate what taxes you are required to file.<br /><br />Those taxes have a due date. You need to regularly file or pay any tax due under your business activities on the said due date.<br /><br />Under the Integrated Tax System of the BIR. Your registration is electronically monitored. So when you neglect file on the required due date. An OPEN CASE is automatically generated under your registration.<br /><br />So always be aware of that. The minimum penalty is 200 pesos if I'm not mistaken, even if you have not tax to pay, you are still required to file.<br /><br />Some people neglect to file as when a particular month comes and goes with no business coming in the company. They think that they need not file for they have no taxes to pay.<br /><br />That is incorrect to think that. EVen if you do not generate any income or business for that month you are still required to file. For you are required to do so regularly whether or not you had a business activity or not.<br /><br />That way once you file, the BIR personnel will record it in the ITS so NO OPEN CASE will be generated under your registration.<br /><br />Ask for an orientation on the taxes you are required to file and pay. Ask for the due dates on each tax type.<br /><br />The BIR Forms you will need to use to file. The tax due or taxes is based on your business activity.<br /><br />Taxes are based on your business activity. Although some may site that they have no business for an entire month or even a year.<br /><br />The BIR has an option to check if what you reported thru your tax filing is true.tomtaxhttps://www.blogger.com/profile/11151685342107293386noreply@blogger.comtag:blogger.com,1999:blog-2637715539829336383.post-57390155526513480062012-09-11T02:10:47.703+08:002012-09-11T02:10:47.703+08:00Hi Tom,
I am now on process for filing the COR fo...Hi Tom,<br /><br />I am now on process for filing the COR for my profession. Your really a great help on everyone like me who are not fully aware of all these procedures, responsibilities as a self employed, etc. Please do clarify more about the OPEN CASE you've said for non filing. <br /><br />"Non Filing as required by your registration will incur an OPEN CASE each month."<br /><br />What is it? Is there any payment for the filing?fusiahttps://www.blogger.com/profile/01325078672388117826noreply@blogger.comtag:blogger.com,1999:blog-2637715539829336383.post-62023853527916850072012-04-16T10:19:36.200+08:002012-04-16T10:19:36.200+08:00Hi Anonymous,
The AABs in Davao may not accept re...Hi Anonymous,<br /><br />The AABs in Davao may not accept returns not under the Davao RDO.<br /><br />You need to update your registration to self employed. But you need to FIRST TRANSFER your TIN registration from RDO 40 to the RDO in Davao. Using 1905.<br /><br />Sorry, for this late reply. Being today as the deadline.<br /><br />Anyway, you need to first update your registration. And pay the annual fee. Starting off on the day you filed for update.<br /><br />You can opt to report your income for 2012 next year April 15, 2013.<br /><br />For this tax filing year 2012. The ITR that needs to be reported is your income for 2011.<br /><br />I do not know if the RDO in Davao will accept OUT OF DISTRICT FILING. But you can still try. I suggest you visit that office so they can assist you on this matter.tomtaxhttps://www.blogger.com/profile/11151685342107293386noreply@blogger.comtag:blogger.com,1999:blog-2637715539829336383.post-43745332921586555072012-04-08T09:26:02.529+08:002012-04-08T09:26:02.529+08:00hi birtaxinfo,
i've been employed since 2003 ...hi birtaxinfo,<br /><br />i've been employed since 2003 and have tin in rdo 40. for taxable year 2010 i seek an accountant's assistance to file for itr as self employed ( i work w online clients) with the same rdo code. the accountant computed 1701 form and had me pay it in the AAB. now i am in davao and was wondering how can i pay our itr because of rdo code. <br /><br />- can i pay in aab just like before? <br />- also i have been reading about P500 annual fee for self employed. i was not told about this by the accountant before. should we file for a change in status of employment or something? <br /><br />i am really confused and its nearing the deadline so i don't want to incur penalties. <br /><br />regards,<br />cathyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2637715539829336383.post-2199169457512599182012-03-02T08:30:57.885+08:002012-03-02T08:30:57.885+08:00Hi Kim,
Getting a TIN is indeed required for us t...Hi Kim,<br /><br />Getting a TIN is indeed required for us to get. But to register as PROFESSIONAL to which you were already informed by the BIR officer regarding that type of registration.<br /><br />You should have declined then and there so they could have assisted you to the correct or appropriate registration as an EMPLOYEE not as a SELF EMPLOYED.<br /><br />Since that registration not only requires you to issue receipts it likewise requires you to file on a MONTHLY basis on taxes as a PROFESSIONAL.<br /><br />Because that is what you registered as a PROFESSIONAL or SELF EMPLOYED not as an EMPLOYEE.<br /><br />Non Filing as required by your registration will incur an OPEN CASE each month.<br /><br />I suggest you correct your registration as soon as possible which will required you to visit your BIR branch again.<br /><br />However long the process may be you need to do it as soon as possible. Because not doing some, your open case will accumulate.<br /><br />Make a formal letter address to the Revenue District Officer of that BIR Branch regarding your concern.tomtaxhttps://www.blogger.com/profile/11151685342107293386noreply@blogger.comtag:blogger.com,1999:blog-2637715539829336383.post-55455177090844948712012-02-22T06:04:10.339+08:002012-02-22T06:04:10.339+08:00hi birtaxinfo,
I applied online for a TIN number,...hi birtaxinfo,<br /><br />I applied online for a TIN number, and I mistakenly put in Professional, even though I am not actually self-employed. I thought it was just asking if i was a professional (because I'm a registered nurse, I answered yes). When I went to the BIR office, I was very anxious to get it over and done with, and the BIR officer told me I needed to pay 500 pesos and issue official receipts and whatnot, and this was way over my head but I thought it was just normal. So i just paid the 500 and told him I would be back asap because I really just needed the TIN.<br /><br />I realize now that I declared myself as a practicing professional.. I currently work for an NGO, and they also deduct taxes from my salary. What do I do about this? I'm not at all a self-employed practicing professional..<br /><br />Thank you!Kimnoreply@blogger.comtag:blogger.com,1999:blog-2637715539829336383.post-13549305247820408522011-02-22T16:08:32.593+08:002011-02-22T16:08:32.593+08:00Thanks birtaxinfo. That's quite clear to me no...Thanks birtaxinfo. That's quite clear to me now.Margnoreply@blogger.com