BIR, taxation basics......please share info

[Duard]

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[QUOTE=Lloyd Stephen Orlanes;16075427]

simple. . .
sa imo sales na 29,980 nga sales which u have paid 899.40. . then ur capital is 30k. . For sure ang cost sa imo gpamaligya is wa kaabot 29,980 ky if same. . wala ka ni.income..
for instance. . ang imo profit sa tinda ky 20% of cost meaning sa imo sales na 29,980. . puhunan nimo ana ky 24,983. . in which mka income ka ug 4,097 net sa tax. . .
sa 30k na puhunan m.kita ka ug 6,000 less1,080 tax. .net profit 4,920. . .

solved na?

thanks boss, another question here.....about sa resibo, pwede ba i accumulate nalang tanang sales for the day nya i sulat nalang sa usa ka resibo?

[Lloyd Stephen Orlanes]

[QUOTE=Duard;16099000]

thanks boss, another question here.....about sa resibo, pwede ba i accumulate nalang tanang sales for the day nya i sulat nalang sa usa ka resibo?

actually boss mao gyud na cya. . .add tanan sales for the day . .ang uban gne monthly r nya ang stocks r ang e monitor..

sample sa monthly

kung ako nagtinda ug cellphone nga usa r ka klase ug brand. .

computation assuming february

inventory at feb 1 plus kumpra nimu minus sa inventory neg feb 28. .is equal to sales quanity. .multiply nmu s selling price is ur sales for the month..


any concern?

[The_Stoic]

[QUOTE=Duard;16099000]

thanks boss, another question here.....about sa resibo, pwede ba i accumulate nalang tanang sales for the day nya i sulat nalang sa usa ka resibo?

Sa resibo, ideally, kada sales usa ka resibo. Parehas anang mopalit ta sa National Book Store, kada sale, kada customer, one receipt. Pero kung imo business carenderia, i add lang ang sales for the day, unya, i divide lang for example 5 or 10 transactions, unya issuhehan ug resibo. Dili necessary nga mag equal ang amount.

[Duard]

salamat sa mga input guys......a very big help for me, will be asking more when filing for quarterly income

[bluekiss]

base on gross income or sales ang 3% kay na registered man sya as non vat taxpayer

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lisud jud kaayo if you dont have basic knowledge sa accounting- labi na BIR nga reporting. i am a freelance bookkeeper, e.explain nko on how to compute the quarterly ug annual income tax. PM me if you want.

[bluekiss]

guys i can help you when it comes to BIR matter.PM me

[brownie]

guys i can help you when it comes to BIR matter.PM me

sir tabangi nya kog kwentada ani puhon ha

[Duard]

guys i can help you when it comes to BIR matter.PM me

thanks for dropping by, you got pm

[Duard]

ngita sad ko ug mo assist nako sa bir, hasula sige balik balik sa bir oi, makalangan sa negosyo

[BatmanBeyond]

For BIR taxation and accounting-related concerns, you may contact me at 0932-7400187 or pm me.