Withholding Tax

17 Apr 2023

Withholding of Tax on Reimbursements: Is it required?

Question/Topic: Sender: Hello, we’re currently under audit ni BIR kahit government agency kami, question lang, need ba talaga naming magwithhold sa mga reimbursements? Example yung Representation Expenses na inaabonohan ng head of the agency for the whole month tapos irereimburse ng minsanan. And may limit po ba sa pwedeng ipareimburse? View Forum on our Facebook Page: Click this link to view the forum on our Official Facebook Page You may also view some more comments below. You may click the message/comment button at the lower right corner of your device. Post Views: 2,233

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16 Apr 2023

Withholding Tax on Cooperatives

Question/Topic Hi po, pwede po magtanong, may cooperative kami na supplier (lease of venue, speaker) and nag-provide sila ng certificate of tax exemption. Need po ba kami mag withhold sa kanila or di na po? Thank you po sa makakasagot. Join the Forum in our Facebook Group Click here to view this forum on our Facebook Group View some more comments on this topic below. You may click the comment button at the lower right corner of your device to go to the comments section. Post Views: 965

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25 Jul 2022

What is the withholding tax rate for Contract of Service earning less than P250,000.00?

… Sender: Good day po, question lang po sa my mga Contract of service (CoS) employees, meron po kasi kami CoS earning more than P250,000.00 na nag opt for 8% tax rate. Pinakiusapan ko yung BIR na this July na lang magstart yung withholding kasi less than P250,000.00 naman siya first half ng year and di sure kung marenew siya second half. Tanong ko lang po, 5% po ba talaga ang withholding tsaka “professional” ang treatment sa kanya (wala po siya PRC)? Nasa RMS 51-2018 po kasi taxpayer type daw is professional agad if >250k. Then, ano po yung ATC...

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