eFPS vs. Data Entry Module’s tax rate for ATC WB 080
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Sender: Good day, may thread na po ba with regards sa percentage tax rate na from 3% to 1%?
Per eFPS po kasi, 1% na yung ATC WB 080 (i.e., persons exempt from VAT). However, sa BIR Data Entry Module Version 7.0, 3% pa rin ang WB 080. Baka po may solution na po kayong nakuha sa BIR. Pashare naman po. Thank you!
More forums on #WithholdingTax: https://gabotaf.com/tag/withholding-tax/
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Government Accountants, Budget Officers, Treasurers and Auditors’ Forum
“Firstly, according to Section 116 of the Tax Code, as amended, any person whose sales or receipts are exempt under Section 109(CC) of the Code from the payment of VAT and not a VAT-registered person shall pay a tax equivalent to 3% of his or her gross quarterly sales or receipts. Under CREATE Law, the 3% percentage tax was lowered to 1% beginning 1 July 2020 until 30 June 2023. Thus, effective 1 July 2023, taxpayers must pay the original tax rate of 3%.”
based on this article hindi permanent yung decrease to 1%. it’s from July 2020 to June 2023 lang.
source: https://kpmg.com/ph/en/home/insights/2023/01/whats-in-and-whats-out-in-2023.html
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Base sa RA11534 (CREATE)Law
As per BIR sa Efps daw updated na to 1%..
Now for the April remittance the difference which is 2% should be refunded to the non-vat suppliers since hindi pa nareremit…
Erwin Tristan Apura Lumawag hope this could answer your dilemma 😅
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i refund kay supplier yung 2% this month then sa alphalist change manually na lang yung 3% to 1%.
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