Payroll and Withholding Tax for Compensation
Do you want to know how to avoid penalty and overpay your withholding taxes for compensation? This course is for you!
Instructor: Atty Ma. Judy Regalario, CPA Date Created: Aug 11, 2021
Price:
₱
1500.00
₱4,900.00
This course includes:

one year
reviewable
content

one time free consultation with the instructor

certificate of completion
Description
DON'T ATTEND our course if:
- you want to pay penalty to BIR for miscomputation of withholding taxes;
- you want to pay penalty for failure to file all the required BIR forms for compensation aside from BIR Form 1601-C
- you just want to spend your money paying taxes even there are exemptions and allowable deductions?
- you want to be charged criminally, civilly, and administratively by SSS, Philhealth, and Pag-ibig because you are not aware of their rules on mandatory contributions.
If you are not this person, then enroll our course on 'All About Payroll and Withholding Taxes for Compensation" and learn from our speaker - who is a former Examiner, then Collection Division Chief, and finally Head Revenue Executive Assistant of the Bureau of Internal Revenue (BIR) - on how to avoid penalty and overpay your withholding taxes for compensation.
Course starts on 28 August 2020. Payment includes unlimited one-year review of the course, one-year ability to ask questions on the topic, and one time-free tax consultation to the speaker.
What you'll learn
Avoid penalty to BIR for miscomputation of withholding taxes
Avoid penalty for failure to file all the required BIR forms for compensation aside from BIR Form 1601-C
Avoid spending your money paying taxes even there are exemptions and allowable deductions
Avoid penalty and overpay your withholding taxes for compensation
Course Content
Part 1
- Introduction
- Withholding Tax System
- Legal Reference
- Who are Withholding Agents
- Violations of Withholding Agents
- Penalties for Non-Compliance
- Payroll Accounting
- Rules on the Computation of Special and Regular Holidays
- Daily Minimum Wage
- Statutory Minimum Wage
- Definition of Compensation Income
Part 2
- Rest Day, Meal period and Conditions on Holiday Pay
- Social Security System
- Types of Benefits under the SSS
- Employees Compensation (EC)
- PhilHealth
- Corporate Partners of Philhealth
- Premium Contribution for Direct Contributors
- Pag-IBIG
- Components of Payroll System
- Withholding Tax on Compensation
Part 3
- Income Tax Rates on Non Resident Alien
- Definition of Taxable Income
- Exclusions from Income Tax (part 1)
- Exclusions from Income Tax (part 2)
- Exclusions from Income Tax (part 3)
- Kinds of Compensation
- Income Tax Rates
- De Minimis Benefits
- Fringe Benefits
- BIR Forms required
Part 4
- Substituted Filing part 1
- Substituted Filing part 2
- Individuals Not Required to File ITRs
Instructor

Atty Ma. Judy Regalario, CPA
Former BIR OIC- Head Revenue Executive Assistant, Former BIR Collection Division Chief, Former BIR Examiner
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