Tuesday, April 15, 2014

Penalties for Late Filing and Payment of Your Income Tax Return in the Philippines


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Let’s face it.

Everyone procrastinates, especially when it comes to mundane things.

Like paying your Income Taxes in the Philippines on time.

Today, April 15, 2014, is the deadline for the filing and payment of your annual income tax return.

I hope you filed your income tax returns, by the way. 

Because if you did not, you will be slapped by penalties.


If you have put off filing your Income Tax Return today, you may be one of those taxpayers feverishly googling on how to compute penalties for filing your Income Tax Return late.  Sure, you can always go to your Revenue District Office to have the Revenue Officer compute your penalties. 

But if you don’t want to be surprised with the penalties that you will incur for not filing your Income Tax Return on time, here is a step-by-step procedure on how you can compute the penalties.  Be aware, though, that you still have to go to the Revenue District Office where you are registered to have the penalties computed  and signed by the Revenue Officer. 

1.    Under the Tax Code, the civil penalties that may be imposed for failure to   file and pay your ITR on time are:
a.)         25% or 50% surcharge, 
b.)         Interest of 20% per annum, and
c.)         Compromise Penalty.
These Penalties will be added to your Income Tax Payable.

For illustration purposes, let us assume that your Income Tax Payable is P 20,000.00.

2.    A surcharge of 25% is imposed for failure to file and pay the tax due on time.  This surcharge is also imposed when you file a return other than those with whom the return is required to be filed (i.e.  You are registered with Revenue District Office-La Union, but you filed you return at the Revenue District Office of Baguio City).
Computation: 
     Surcharge = Income Tax Payable x 25%
     Surcharge = P 20,000.00 x 25%
     Surcharge = P5,000.00

The following cases will warrant a surcharge of 50%:
a.   In case of willful neglect to file the return on time; or
b.   In case of false or fraudulent return that is willfully made.

3.    An interest of 20% per annum (or a higher rate as may be prescribed by rules and regulations) is likewise imposed on any unpaid amount of tax until the amount is fully paid.
Computation:
Assuming that the Income Tax Return with Income Tax Payable in the amount of P20,000.00 is filed five (5) days after the deadline:
Interest = Income Tax Payable x 20% x( number of days / *360   
                                Days)
                Interest = P20,000.00 x 20% x (5 days/360 days)
                Interest = P55.56
                *360 days = one year

4.    Revenue Memorandum Order No. 19-2007 issued on August 10, 2007 prescribes the Consolidated Revised Schedule of Compromise Penalties for violations of the Philippine Tax Code. 

Compromise penalty on the above-mentioned Income Tax Payable of P20,000.00 is P6,000.00.






5.    Total Income Tax Payable inclusive of penalties is:

          Income Tax Payable                                20,000.00
          Add: Penalties:
                  Surcharge                    5,000.00
                  Interest                           55.56
                 Compromise Penalty      6,000.00
                 Total Penalties                                 11,055.56
         Total Amount Payable                              31,055,56


If you think that you don’t need to file your Income Tax Return because your computation led to an exempt or even return, you are wrong.  Although there is no surcharge and interest to be computed, you will still be liable for not filing your Income Tax return.  You still have to pay a compromise penalty pursuant to RMO 19-2007, based on your gross annual sales or receipts:





If you failed to file your 2012 ITR although your gross annual receipts or sales is P150,000.00 because you incurred a net loss and therefore have no income tax payable, you will be charged a compromise penalty of P3,000.00.

I hope you guys beat the deadline and filed your Income tax returns and paid the corresponding income tax due.

And oh, for employees out there receiving purely compensation income from only one employer for this taxable year whose income tax due is equal to tax withheld, don’t worry because you don’t need to file an Income Tax Return since BIR Form No. 1604-C/F  shall be considered as a substituted return filed by the employer.  BIR Form No. 2316 duly certified by both employer and employee shall serve the same purpose as if BIR Form No. 1700 (Income Tax Return for Employees)has been filed.  BIR Form 2316 shall be considered as proof of financial capacity for purposes of loan, credit card, and for other purposes with various government agencies.

Learn how to file your Income Tax Return here.




56 comments:

  1. Thanks for sharing this helpful information..:)

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  2. This is very informative. A bit late will really cause a lot. Kaya dapat magbayad on time.

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  3. Laki din pala ng surcharge. hindi pa namin na recieve itr namin hanggang ngayon.. hmm bakit kaya?

    ReplyDelete
    Replies
    1. sis, if you are receiving purely compensation income (you are a full time employee) and your tax due has been properly withheld by your company, your bir form 2316 (certificate of income tax withheld to be given by your employer) will serve the same purpose as your ITR. No need to file.

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  4. Hi Marie,

    My husband's payable is due on july 15. He has no payables schedule on april 15. So we thought ndi nklngn mgfile. But after reading your post, it seems n klngn p din pala. Ano ung amount n magiging basis s computation ng penalty? He's working in the US, assigned there last july kaya nging taxable pati salary nya dun :( the total due by july 15 is around 272k. Kung un ang basis, ang laki ng penalty :(

    ReplyDelete
    Replies
    1. If his payable is due on July 15, does this mean two installments siya? When the tax due exceeds 2,000 pesos, individuals may choose to pay in two equal installments. first installment is on April 15 and the 2nd installment is on or before July 15. assuming tax due is 10,000.00. 1/2 or 5,000 should be paid on april 15 and the other half is on or before july 15. If the withholding tax due will cover the one half of his tax due, he can elect to pay the balance on or before July 15. Example:

      Tax Due 10,000
      Less: Tax Withheld 7,000
      Still Due 3,000

      He can choose to pay 3,000.00 on or before July 15 and pay nothing on April 15 (because the tax withheld covered more than half of the 10,000). However, he still needs to file his Income Tax Return on April 15. the balance will be paid through BIR Payment Form 0605. Usually kasi ang basis ng penalty if he has no payment, based on gross. If may payable siya, based on the amount due. Have it computed at the BIR district where he is assigned, sis.

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  5. Hi Ms. Marie,

    Ask ko lng po kung compromise penalty lang ang babayaran para sa late filing ng 1701 Q 1st qtr?
    Wla na bang penalties & interest?

    Thanks!

    ReplyDelete
    Replies
    1. If no tax due, only yung compromise penalty based on annual gross sales or receipts. But if there is tax due, penalties are the 25% surcharge, 20% interest per annum and the compromise penalty based on the unpaid tax.

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    2. Thank you so much Ms. Marie,,, Big help..

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  6. This comment has been removed by the author.

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  7. Hi, Marie. Great blog and very useful too. I stopped working full-time in late 2011 but my employer was still able to file my ITR for that year. In 2012, I worked for them part time and made less than two thousand pesos because it was just several hours work and they deducted 10% from it. I don't have any other source of income and the allowance I get from my fiance can't be considered income. The problem now is I need the ITR for my son's STFAP application in UP Diliman but neither they or I filed an ITR for 2012. What my employer gave me was form 2307 or Certificate of Creditable Tax Withheld At Source. Would this be a suitable substitute for form 2316? Or should I still file and possibly pay any penalties?

    Thanks for any advice you can give! :-)

    ReplyDelete
    Replies
    1. If you didn't have income for the year 2012, you can present a Certificate from the BIR that you have no income to the school. Get a certificate from the barangay that you have no income and residence certificate from your munisipyo, then proceed to the revenue district office which covers your area to apply for a certificate of no income. There might be additional requirements sa district office mo.

      Or you can file your ITR declaring your income as self-employed and attach your 2307, and have them compute the corresponding penalties. That income would be exempt from taxes, but since late na siya, may penalties kang babayaran for late filing

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    2. Thanks for replying. I greatly appreciate it. I'll update you when I get all this done! :-)

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  8. Thank you for this. I have one question. what if the taxpayer stop filing (in 2006) and the BIR provided tax verification listing all the required Tax return. The problem is the tax payer has not preserve his documents and he has no basis (or idea) how much to file. What is the best way yo do? Shall he go to BIR and tell that he has no records because of flooding?

    ReplyDelete
  9. In addition to above, how much is the penalty for losing the documents?

    ReplyDelete
    Replies
    1. Hi, Mary! Answered through your g-account cuz I cant find your e-mail :)

      Delete
  10. GOODevening po tanaong ko lang po yung current situation ko sa tax problem ko.
    2009 po ng unang mahired ako sa Makati na ng tagal lang ng 3months..At binabayaran ng employer ko ang tax ko. After 3months po hindi na po na employed up to now, on call nalang po ako bilang draftsman. Kaya di ganun ka permanent at stable ang kinikita ko every month.Balak ko na po kasing mgapply na, kasi di na sapat yung kinikita ko bilang on call lang. Gusto ko po kasing ilipat yung rdo ko dito sa amin, na currently nasa Makati pa. Ano po ang magandang gawin at may penalties ba. thank you

    ReplyDelete
    Replies
    1. Hi, Michael. Currently employed ka na ba or on call pa rin as draftsman? Eto ang guidelines ng BIR:" In case of transfer due to change of employer, it shall be the responsibility of the new employer to notify his BIR district office by submitting the duly accomplished form of the employee. The transfer of registration (TIN records) of such employee shall be initiated by the BIR district office which received the application. " The moment you get a job, your new employer will initiate the transfer. Puwede ring mag-fill up ka ng BIR Form 1905 - Application for Registration Update-and submit it to Makati where you used to be registered. Puwede ring isubmit mo sa RDO jan sa inyo (sila na ang magfa-fax sa Makati.). Sa tingin ko naman, walang penalties, unless they will find out you were self-employed as a draftsman (kasi subject din sa income tax yung kita mo doon...)

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    2. This comment has been removed by the author.

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    3. Hi Maam Marie. I have a similar case wherein i was employed by an Agency in Makati and i work there for 5 months. I am an architecture graduate then. when i left the company, i work for an architect in his small construction business to gain knowledge for me to take the board exam and to gain weekly wages as well. for 2 years, i work there without paying single taxes, because my wages was given as cold case every saturday. Then i took the board exam and luckily i passed it. I continue to work with that architect but still, i get my wages weekly and do not pay tax. Now that i am required to renew my license, i am ask to send ITR. Since mine is in Makati RDo, i need to transfer it to our province first before paying any tax, is that right? What would be the best things to do Maam? Should my boss pay my tax or should i pay for it individual? Will i pay penalties too?

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  11. salamat po sa info..goodevening opo employed na po ako,MS. Marie,actually relatives ko po ang bago kong employer ngayon, 3 lang kami sa office, may exemption po ba kung small company lang employer ko?

    Hindi po ba itatatanong ng BIR District ko sa Makati bakit po na tigil ang bagbabayad ko ng tax with in a long period of time?

    ReplyDelete
  12. salamat po sa info..goodevening opo employed na po ako,MS. Marie,actually relatives ko po ang bago kong employer ngayon, 3 lang kami sa office, may exemption po ba kung small company lang employer ko?

    Hindi po ba itatatanong ng BIR District ko sa Makati bakit po na tigil ang bagbabayad ko ng tax with in a long period of time?

    ReplyDelete
    Replies
    1. Hello! May sagot ako kanina nadelete. anyway, punta ka lang sa Bir District sa Makati and ask your status. If registered ka doon as employee, just tell them you have resigned na from that company and lilipat ka ng RDO. You have to fill up BIR Form 1905 ftp://ftp.bir.gov.ph/webadmin1/pdf/21351905.pdf transfer of home RDO. Siguro nanotify naman ng old employer mo ang BIR na resigned ka na (they submit an annual information return which becomes due at around January 30 of the next year and andun ang employees nila, their sweldo, deduction and category-if resigned, new employee, etc). As to exemption, you mean exemption mo? Hindi ka exempt from tax but if you qualify as a minimum wage earner (malamang hindi cuz I think you guys are paid high :))-daily minimum wage in the NCR is P466.00 http://www.mommyunwired.com/2013/09/how-to-file-your-income-tax-return-in.html , you are exempt from income tax. As to the company you are working, make sure nakaregister din sila ha kasi they will serve as your withholding agent when they will deduct taxes from your sweldo.

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  13. Hi Maam Marie. I have a similar case wherein i was employed by an Agency in Makati and i work there for 5 months. I am an architecture graduate then. when i left the company, i work for an architect in his small construction business to gain knowledge for me to take the board exam and to gain weekly wages as well. for 2 years, i work there without paying single taxes, because my wages was given as cold cash every saturday. Then i took the board exam and luckily i passed it. I continue to work with that architect but still, i get my wages weekly and do not pay tax. Now that i am required to renew my license, i am ask to send ITR. Since mine is in Makati RDo, i need to transfer it to our province first before paying any tax, is that right? What would be the best things to do Maam? Should my boss pay my tax or should i pay for it individual? Will i pay penalties too?

    ReplyDelete
    Replies
    1. Ano ang status mo with the company? is there an employer-employee relationship?(a) has the right to control and direct the individual who performs the services, not only as to the result to be accomplished by the work but also as to the details and means by which the result is accomplished; (b) has the right to dismiss; and (c) furnishes the tools and place of work. If employee ka and wala nawithhold na tax sa yo, you are required to file and pay your ITR using Bir Form 1700 plus penalties. If parang professional ang work mo with the company, you file BIR Form 1701 (for self-employed professionals), with penalties also. Ask for assistance from the officer in charge at the revenue district office for the computation. yung work mo ba withthe small construction business is at a different RDO (hindi Makati)? You have to transfer using BIR Form 1905.

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  14. salamat po maam sana wala nmang penalty. Sa region 3 po ako ngayon ng tatrabaho maam.

    ReplyDelete
    Replies
    1. Tanong ko lang maam. para saan naman po yung PTR na binabayad ng mga professionals every year?Thank you

      Delete
  15. Atlast found your blog.. hahaha

    Goodevening miss MARIE. Im an Architect and i would like to asked also my TAX status, I have the same case as FER MENDEZ..Employed on a small company but not paying any taxes cause i recieved my wages on cold cash every friday
    What would be the best things to do miss MARIE ? Should my boss pay my tax or should i pay for it individual? Will i pay penalties too?
    Thank you

    ReplyDelete
    Replies
    1. Kenneth, ikaw ang magbabayad ng taxes mo, not your boss. Ang obligation sana ng boss is to withhold part of your salaries para sa taxes para di masyado mabigat pag one-time mo babayaran. ang mangyayari dito, you will have to pay tax on the entire taxable compensation income plus penalties. If you are an employee, ito yung computation: Your gross compensation income less personal and additional exemptions (50,000 personal exemption and if you have children, may additional deduction of P25,000.00 each, basta hindi more than 21 years old and not more than 4 children)equals taxable compensation income. Tax due is computed using this table on the ITR ftp://ftp.bir.gov.ph/webadmin1/pdf/599121700%20nov%202011%20BCB.pdf

      Example: Gross Compensation Income for 2012 P500,000.00
      Status: Single
      Tax Withheld - None
      Gross Compensation Income P500,000.00
      Less Personal Exemption 50,000.00
      Taxable Compensation Income 450,000.00

      Tax Due
      On 250,000.00 50,000.00
      30%in excess of 250K 60,000.00 110,000.00
      Less: Tax Withheld 0
      Income Tax Due 110,000.00
      Add: 25% Surcharge 27,500.00
      Interest (20% per annum)
      4/15/2013 to 10/15/13 9,167.00
      Compromise penalty-late payment 16,000.00
      Total Tax Due 162,667.00

      Ang laki ng penalties ano. and it gets bigger because of the interest.

      Delete
  16. Hi po, what if po if the Company is a retirement fund registered with BIR. Under RA 4917, exempt na sila sa income tax, pero hindi nkapgfile. Their income is derived from interest income (subject to final tax) and dividend income (exempt). Mag fofollow pa din ba ung compromise penalty based on gross receipts/ sales?

    Thanks po.

    ReplyDelete
    Replies
    1. This comment has been removed by the author.

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    2. Even if a company is deemed exempt sa income tax by virtue of an R.A., they still have to file and the penalties will be based sa gross receipts/sales. I think you still need to apply for a tax exemption specifically for the company kasi exemption is never automatic or presumed. The company has to prove that it is qualified to be a tax exempt entity and the company will be issued by the bir a certificate or a ruling that it is tax exempt. Go to your district office and apply for the tax exemption. HTH.

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  17. Hi, I hope you can help me.
    I am usually employed and file my Income Tax Return for my pure compensation yearly. However, in 2002, when I lost employment, I became an insurance agent from Dec. 2002 to August 2003. I was asked by the company to apply for a Certificate of Registration with the BIR and the company withheld the corresponding tax. I did not make it good so I resigned from the insurance company and got employment in September of the same year. Since then, I never returned to being an agent and gain employment from different companies.
    I was informed that I should have changed(?)/cancelled (?) my COR when I resigned as an agent. I also did not know that I had to pay the annual registration. I tried filing for a 1905 to close or cancel the registration together with a letter of request and an affidavit of loss of the original COR. However, BIR staff did not accept these and asked me to pay P20,000 as Miscellaneous using form 0605. Do I not have any other recourse?
    Thank you for your inputs.

    ReplyDelete
    Replies
    1. Hi, Lani. The moment you register with the BIR kasi, you are required to file taxes that are in your COR. Once you fail to pay a certain tax, the system will tag you and magkakaroon ka ng open case. So it is very important to continuously pay your taxes and if wala kang income or no transaction, you still need to file a return. Malamang, ang sinisingil sa yo are the unpaid or unfiled taxes that you should have paid before. You need to inform them also if you are stopping your business, ceased being an employee, transferred to another revenue district office, etc. Since walang nafile or nabayaran, the system tagged you and nagkaroon ka ng open cases which can only be resolved once na you file and pay the penalties

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  18. Hi Ma'am Marie,

    Good Evening po.

    I already send a query awhile ago but I couldn't find it po (sorry first time ko mag gamit or magcomment po sa isang blog). I would like to ask po on how to compute for PENALTIES = SURCHAGE, INTEREST, AND COMPROMISE on Chattel Mortgage where DST hasn't been paid po. Here are the details po, viz:

    Loan Amount: 1,169,350.00
    Chattel Mortgage dt of Notarization: Sept. 20, 2011 (Deadline of payment of DST: Oct. 05, 2011)
    Expected date of payment: March 11, 2014 (computation po) and March 17, 2014

    Ma'am Marie, May I ask po a computation po and how did you do it po? Hoping for your quick response po.

    Maraming Salamat.

    ReplyDelete
  19. hi! ma'am marie! I have a business po.. auto parts, accessories. nag start sya December 2012 pero hindi ko agad napa register kasi nagsisimula pa lang talaga ako and im not sure kung ano ang magiging outcome ng business ko since first timer ako.. naging okay naman ang income ko kaya balak ko sana ipa late register at indicate na running na yung business since 2012.. magkano po kaya penalty ko? thank you in advance!

    ReplyDelete
  20. HA! Regarding the 1701Q deadline, muntik na akong mapabayad ng compromise!

    Jan
    Feb
    March
    -------
    April 15 1701Q Filing WHYYYY!!!!??? (sabay ng 1701!?!?)
    May 15 Why not here!?!?! (akala ko may 1 and a half months allotment for 1701Q filing, bwiset!)
    Jun
    -------
    July
    August 15 1701Q Filing
    Sept
    -------
    Oct
    Nov 15 1701Q Filing
    Dec

    ReplyDelete
    Replies
    1. Yes, april 15 ang deadline ng 1st quarter. Dati, may 15 yan kaya lang ginawang april 15 noong binago yung tax code. kasalanan ng mga mambabatas hehe

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  21. Hi Marie, I failed to file my 1701 (for the year 2012) last april 15, 2013 but already paid my taxes, actually meron na kong 2307. Now I'll file my 1701 (for year 2013) ngayon april 15 2014 kailangan ko pa bang magfile ng 1701 (for the year 2012)? Also may nakita akong penalty sa form 1701 (for year 2013) ako ba ang mag fill up nun or yung BIR?
    Thank you so much.
    Your blog is highly appreciated
    BGR <3

    ReplyDelete
  22. what if april 16 ka mag file, may penalty ba yun?

    ReplyDelete
  23. Hi Marie! I was about to file mine yesterday in Bataan but we found out that my TIN is registered on a different RDO which is in Cubao and I wasnt able to check it first coz I had no idea. Now I'll be filing late, can I change my RDO from Cubao to Bataan and am I going to have charges for the late filing?

    ReplyDelete
    Replies
    1. Kailangang iupdate mo yung place by filling up this form ftp://ftp.bir.gov.ph/webadmin1/pdf/21351905.pdf I think if you file at a wrong RDO you will be charged with 25% surcharge for wrong venue aside from the other increments like the 25% surcharge for late filing, interest, and compromise penalty.

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  24. Hi Marie! I was about to file mine yesterday but the RDO in Bataan found out that my TIN was registered in RDO Cubao in which I had no idea at first. Now I'll be filing late. Am I going to receive the same charges (25% or 50%)? Can I transfer my TIN registration from RDO Cubao to Bataan?

    ReplyDelete
  25. hi! Ms. Marie
    Ask me lang po, paano po ggwin me f 7 mos. late filling po ako ng Form 2551M from June2013 to February 2014. Pati po Form 1701 ng 2013.

    ReplyDelete
    Replies
    1. hI! Ms. Marie,
      Ncheck me po Registration Form Withheld po pl expanded. Paano po ggwin me dun? From May 9, 2013 ndi n po nkpgfile s BIR?

      Delete
  26. Hi sis, i have a problem. I just got my form 2316 from makati city hall and apparently they didnt file it daw since resigned na ako since dec 31, 2013. Does this mean na late filer ako and mag-iincur ako ng madaming penalties? All the while kase akala namin sila na magfifile nun for us since employed pa naman kami with them on that calendar year. Thanks in advance!

    ReplyDelete
  27. hi ms marie, just want to ask kung kanino kinukuha ang USERNAME and PASSWORD sa Relief Data Entry System. Thank you

    ReplyDelete
  28. Hi Ms. Marie,thanks a lot for your blog, marami kang natutulungan. I hope you can help me too. Im a freelancer, i am attached to an Insurance broker, everytime i have income , my boss deducts the following : (1) OUTPUT VAT (1.12) (2) WH TAX (10%)(3) INPUT VAT (15%) (4) VAT 12% so after the numerous blah blah deductions, maliit na lang naiwan, and worst of them all, He never issue me 2307 ba yun? since 2010, id been asking from him to issue me 2307 since he deducts the amount from me.Unfortunately, for almost 5 years wala na issue. May habol ba ako sa perang nadeduct and never turn over to BIR? If Im direct they only deduct 1.12 tax.please help me. I cant understand all the taxes he deducts from me and for where all those taxes? Thanks a lot Ms. Marie in Advance.

    ReplyDelete
    Replies
    1. nalito ako sa dami ng deductions mo a hehe. You are not an insurance broker yourself? kasi if you are, yung company ang idededuct sa yo is the 10% creditable withholding tax. Kelangang may maissue sa yo na 2307 since ang tax na nadeduct sa yo is creditable sa income tax mo. Kumbaga, the company acted as a tax agent of the government. This is creditable so whatever na magiging tax due mo in your ITR, ibabawas mo ang withholding tax na ito. So you need the 2307. As to the VAT, supposedly if you are a broker, you should register as a professional and register either as a VAT or non-VAT taxpayer (if your income is more than 1.9M VAT ka and subject to 12%. If lower, 3% na percentage tax). So halimbawa may commission ka na 112,000 pesos. To remove the VAT component, ang commission mo net of VAT is 112,000/1.12=100,000. Your output tax is 12,000.00. Yung input tax is any VAT purchases you made related to the pursuit of your profession/business. Halimbawa, as a broker, your VAT expenses are as follows (all net of VAT): Gasoline Expense(if may sasakyan ka-charge only the amount related sa pagbenta mo ng insurance) 10,000.00, Meals (mga gastos mo when explaining to clients) 50,000, transportation 20,000. Total 70,000. Ang input VAt mo is 70,000*.12=8,400.(Take note, all purchases should be supported by VAT invoices or receipts). VAT due mo is 3600. If percentage tax ka naman subject, 3% ng commission mo. Since walang 2307, mukhang di talaga siya nagremit ng 10%. Ask for proof like a withholding tax return pag walang 2307 (BIR form 1601E).Since you are the one doing business, mas mainam na you register na lang with the BIR para ikaw na ang magpay ng taxes mo. do you have a sample of what he deducts from you? medyo nagtataka kasi ako sa 15% na input vat

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  29. Hi po Sana mahelp nyo ko 2008 po ako nag apply ng bir dti at mayors permit pero after 1 month di na tuloy yung business until na declared na di natuloy yun business may panalty po ako 2014 gusto ko po mag open ng business paano po kaya 2 mam. Need ko po file na closed na baka mag penalty pa rin ako or new registration thanks po

    ReplyDelete
  30. Hi Marie ask KO lang po same din po b computation if real property tax? Thank you

    ReplyDelete
    Replies
    1. Real property tax is sa munisipyo or city hall right? if penalties on capital gains, donation, estate, etc., the same ang penalties-25% surcharge, 20%interest p.a. and compromise penalty

      Delete
  31. Hi,
    Magkakaproblema ba if yung RDO sa ITR ay iba sa RDO sa database ng BIR? e.g. ITR = RDO 049 , Database = RDO 039

    ReplyDelete
    Replies
    1. You need to update using bir form 1905 para macorrect rdo mo.

      Delete
  32. Hi, Ms. Marie. Very informative po ang post! I would just like to raise an inquiry. Ano po ba ang mangyayari if I will not pay it in full by July 15 (deadline for 2nd installment)? I still have 15k for the 2nd installment. If I will pay just half of it, how much will be the penalties?

    I'll very much appreciate the help. More power!

    ReplyDelete

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