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Payroll Taxes

Payroll Taxes

Avoid the assessments that may arise out of your payroll expenses. Know how to reconcile the taxes that you have paid with payroll that you will declare as expenses. You may just find out the reason why they almost always do not always add up. Join our Payroll Taxes Seminar and be empowered!

afna

Next Schedule: TBA

Max number of participants: 15


Why take it online?
  • Attend the class at the comfort of your home
  • Recorded Online Sessions
  • Join the class anywhere you are
  • Convenient training without the hassle of traveling

online

Next Schedule: TBA

Max number of participants: 25

Student Program

  • High School / College Level / Post Graduate
  • Based on school curriculum
  • Flexible schedules
  • Anything and everything about taxation, finance & accounting
  • Available on online or classroom type

Business Program

  • One-on-one Sessions
  • Customized
  • Flexible schedule
  • Industry-specific
  • Basic to advanced levels
  • Tailor fit to your career or company requirements
  • Available on online or classroom type

Entrepreneurs Program

  • Lesson plan and exercises will be constructed based on your needs
  • Industry-specific
  • Basic to advanced levels
  • Tailor fit to your career or company requirements
  • Recommended for entrepreneurs, new business owners or basically any individual who has no background in accounting but is faced with accounting and finance tasks.
tut

Next Schedule: TBA

Max number of participants: 15


What is Onsite Training?

Onsite training or in-house training is defined as any training that is held in company premises in order to educate, develop or improve employees’ skills. This involves all technical and soft skills courses that serve for this purpose.


What are the advantages of Onsite Training over Public Run trainings?
  • Save time and travel costs
  • Customize content to your specific needs
  • Increased price savings as the group gets larger
  • Schedule at your convenience
  • Facilitator can discuss your specific requirement
  • More comfortable learning environment
  • Promote teamwork & camaraderie among workers
  • Employees remain on site in case of an emergency
  • Problems can be openly discussed
  • Protect company privacy

onsite

Next Schedule: TBA

Max number of participants: 25


This series comes in 4 parts!

Knowing what taxes to pay on payments to your employees
  • How compensation income is defined by the Tax Code
  • What is classified as taxable and non-taxable compensation?
  • What are the pre-requisites for non-taxable compensation income to be exempt? (Yes, you got it right, it’s not automatic!)
  • When is substitution filing applicable?
  • When is it not applicable?
  • What are the documentary requirements for personnel to qualify as employees?
  • What are the remedies when the taxes are deficient?
Annualizing the Payroll (13th month pay computation and filing of the 1604CF)
  • Intricacies to look out for when annualizing the payroll
  • Remedies that can be done when tax payable cannot be shouldered by the remaining payouts
  • Computing the 13th month pay
  • Manual computation of the form 2316
  • Computation of the last pay
  • Application of the personal and additional personal exemptions and other non-taxable
  • Employee benefits in the annualized payroll
  • Reconciling the annualized payroll with taxes that have been remitted


Final taxes - This part will deal with all income payments subject to Final Taxes inclusive of Fringe Benefits.
  • How is the Fringe Benefit defined in the tax code?
  • How to compute for Fringe Benefit Taxes
  • What are Final Taxes?
  • What are the income payments subject to Final Taxes?
  • When do you pay Final Taxes and what is the remittance form?
  • What are the remedies when taxes paid are deficient?
Completing the Annualization
(Preparation of the returns to be filed for substituted filing)
  • Navigating the BIR alphalist system
  • Encoding the pertinent data for the alphalist
  • Spotting errors on the alphalist system by comparing it with the annualized payroll
  • Generating the schedules for reporting to
  • BIR from the alphalist system
  • Generating the employee's form 2307 from the alphalist system
  • Checklist of all documentation for submission on January 31

Training Type: 
Training Program: 
Is Online?: 
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