Guide on How to file Quarterly VAT Returns BIR Form 2550Q

sir, paano yong 26b - tax witheld, meron kasi ako? ang nakalagay pag gamitin ko "please enter a valid year for the return period. only values 2000 and beyond will be accepted". tama naman yong valid period ko kasi "calendar" sini select ko sa year ended

Hi ma'am paano kung wala nman TIN # ung mga resibo na mga purchase na product ko

Good day Maam. Asking permission to share this video to my students.

non vat po mga customer namin so walang input tax claim po ako? anu po pede maless dun para lumiit vat tax due ko

Good day Ma'am asking permission to share this video to my students.

The expert in Taxation has explained clearly, specially the Double taxation, since the Tax entries and Types entered differ from one another, as to Income Tax, VAT/NVAT/ 1700Q1/2316/ and numerous Tax codes. The Train law can always EXAMINE the Limit of the TRAIN, since VAT has reached its limit, and that the Philippines is a TAX Paying Nation. Protected from DEVALUATION when it is REPORTED. The Foreign Exchange Rate in the Philippines is to attest the regulation/Limit of foreign Cash BORROWING, nor not to ACCEPT Transfers since the ISSUING BANKS knows the Harmful effects of massive foreign cash borrowing/Trade/ or any of those, for they are the cause of BALLOONs, since FRANCHISEEs Brands overseas and Parent Corporation in the Philippines should always be RECONCILED with their limit of TRADE, according to their respective CURRENCIES per Central Bank of the Philippines Regulation, Mandates as well as Laws/Circulars, that should, can be pacified, completely. PLDT SME Nation/././Patents/Trademarks/Copyrights/LLCs/Registrations/Registered/are owned by its owners and has rights to examine the details of entries in the books accordingly as to VAT 1M above and NVAT 1M below limitation and allocation, CLARIFICATIONS:NON LIFE insurance is also VAT, since it is under PARENT CORPORATION, example are Materials for building supplies/suppliers such as CEMENT/Sand from the Construction Company, since the INSURERS knows the details of TAXATION or Coverage of their WARRANTIES for Construction Supplies, Electrical/WIRING Products VAT registered, in the reports of Assessors OFFICE for Materials Costs/Building Administrators Yearly Reports and Developers Costs for Materials as well as the Expense, where Insurers for Properties can GUARANTEE and WARRANT the CLAUSES of VAT for NON-LIFE Insurance, since LIFE insurance is VAT. Thank you. Respectively certain/././PLDT SME/Generalist/././MCR/G.M Industries../thank you. DON'T DELETE, this is IMPORTANT.

Ask lnh.pp may client po may transport bsns VAT.REG accrideted.sa.LAZADA. ..may.mga accirdeted driver under SA KANYA..need ba na VAT REG dn iaaply ng mga under sa kanya...thanks ppo sa.mga kaalaman

If 6 pesos lang Ang descrepancy sa binayaran mag pa amend pa rin po ba

Ganito po ba ang schedule ng filing ng VAT?
January - 2550M for December
February - 2550M for January
March-- 2550Q for 1st Quarter
April - 2550M for March
May - 2550M for April
June - 2550Q for 2nd Quarter
July - 2550M for June
August - 2550M for July
September - 2550Q for 3rd Quarter
October - 2550M for September
November - 2550M for October
December - 2550Q for 4th Quarter

Hi Ma'am! Verify ko lang po if it is right to reflect carry over of july to aug then the total negative vat payable carry over to Sept? Wala pa kasing output vat, so mostly input vat pa lang at puro carry over. Na confuse po ako kasi nakita ko ang previous 2550 negative income ay nsa carry over slot na upon filling up. Please give me insight on this matter po. Thank you so much!

Maam hello po, saan po ba ilalagay ang vat payments ng july and august kung for 3rd quarter ang ifafile na vat return

saang part po ilalagay kapag meron ka sobra (over payment) po ng vat remittance? doon po ba sa others?

i enjoyed watching all your videos,,, very educational and helpful.. mam i am new in the construction business, i just want of ask- do i have to file 2550m and the other forms individually sa lahat ng branches ng aking business OR do i file only consolidated on my main 000 tin number. salamat

mat tutorial po ba ng relief submission

Ask naman po, required pa ba ang subsidiary sales journal and purchase book kahit nasa pos system na? thank you

marami po ako gustong malaman at matutunan, sana po matulungan nyo po aq 2yrs pa lang po business namin salamat po

Hi Mam, Vat registered, bir compliance - 3M yearly sales
Now 2022- my Sales for Jan to June is less than 1m nalang humina po ang sales ko, malabo na po itong makarating ng 3m pano po ito?

Ma'am good morning, regarding sa building purchase. Paano po eh plot sa 2550q. 436milyon. 872,000 monthly for 60 months

Hi maam Elsa, may i know po kung yung mga purchases sa Lazada at sa Shopee ay pwedeng ilagay sa purchases?

Hi mam dalawa po ba dapat e file? Monthly at Quarterly or pipili lang tayo dito either Monthly or Quarterly? Thanks po sana mapansin

Hi maam water refilling station ano o ATC po

mam question what if iamend ko 2550q kasi napansin ko kulang nalagay kong details sa vat exempt? wala mababago sa dues may penalty pa rin ba yun?

Hello po ma'am, sa 2550q form, san po ilalagay ang creditable tax withheld per bir form 2307 from previous quarters, creditable tax withheld for bir form 2307 for the fourth quarter and income tax payment under regular rate from previous quarters? Or hindi na kailangan ilagay? Still learning po how to fill it up and I'm really confused⁉️.Thank you very much.

ano po yong example sa mga purchases not qualified for input tax

Maam ung Tax Due sa VAT Accrual ba o Cash Basis meaning ung mga paid sales and purchases lang ang e declare.

Ma'am pede ba e apply ung overpayment ng VAT ng 2021 as tax credit for 2022. Kung pede paano po gawin ito. Salamat po.

Efps version please, especially po ung input ng capital goods.. 2 months po sana..pra mkita po ung pag amortized ng input..

Good noon po mam Elsa itatanong ko po kc nag kamali po yong mag type po hindi po niya nalagyan ng negative yong amout kay wala po kaming n bayaran ng 3rd quarter po, ano po ang gagawin, thanks po.

Very Nice Guide on VAT, thank you, ask ko lang po, I was a Registered Non VAT operating a Gen. Mdse since 2018, Gabaldon, Nueva Ecija on January 2021 I decided to put up a Fuel Station adjacent to my store, I enter a agreement with a Contractor to built a Fuel Station in the amount of P2M package deal, I paid the contractor 4 equal payment of P500,000.00 on Jan, May, June, & July 2021 & finally completed, On June 10, 2021 upon the recommendation of my Bookkeeper, I change my COR from Non VAT to VAT which was done accordingly, I file my last 2551-Q 2nd-Q and start to file 2550M & now my 1st 2550Q my Gen. Mdse ay main, while the fuel station as branch just open for business Aug. 18, 2021, please help me, how to claim my input tax in my Capital goods amounting to P2M., PLEASE 😪

On the next period filing of VAT return in what item number in the form do we place negative payment reported on the example quarter. Thank you

Màm pwede ba akong mag "training" sa inyo?

good day maam,, paano po mag ng zero income sa 2550Q thanks po

saan item sa form mo siya e input?

pwede ba e reimburse ang witheld tax from sales sa 2550Q filling?

maam sorry i miss out saan po pwede ma reimburse ang witheld tax from sales?

Maam, anu formula para makuha po ang P 429,750 sa input tax attributable to sale to government? Pls comment your reply po new subscriber here 🖐. Thank you po.

Hi maam Elsa newbie here and your subscriber , our tax type enumerates:
Income Tax
VAT
Withholding Tax - expanded/oth
registration fee
withholding tax - compensation
What bir forms do i need to prepare monthly and quarterly and annually and its corresponding deadline para po di ako ma penalty? Sana po you reply para sa mga bagong bookeeper na katulad ko

Thank you po for the training. Question po. Anu po ba ang diff ng schedule 6 at schedule 8? for construction na sale to govt, meron pa kaming 2306 (WV020) and 2307 (WC157) Saanng schedule po papasok ang values sa 2307 and 2306?

hindi ko maintindihan medyo nalilito po ako 20A Input tax carried over from previous period. Ang tanong ko po kung example po nag negative o positive po sa previos quarter need po bang ilagay dito sa item na ito? salamat po

Pano po yung may mga 2307. Saang part po siya ilalagay sa 250Q?

Good evening Ms. Elsa.. what if zero income pa din but need to file tax

paano po kaya kapag late naibibigay ang mga resibo ng purchases ang due june 20 pero d pa rin mai provide ang mga docs pwede po ba i zero ang para sa june ?

ang concern ko is sa construction business because our family is planning to engage in that kind of business…

good day! viewers

Hi Mam. Nakapagfile na po ako sa EFPS ng 2550Q 1st Q 2021 kaso po ngayon ko lang nalaman na mali ang amount na nailagay ko kasi hindi ko na add yung Jan. At Feb. Ask lang po ako anong pwedeng gawin pra macorrect po ang amount.?Sana po matulungan nyo po ako. Salamat.

Mam, subscriber nyo po ako. Ask ko po sana ano pong ATC ng sales from quarry products which is gravel and sand po.? Salamat po

Ma'am since hindi pa kami nakapagstart ng operation so, No sales po kami. Are we still going to use bir form 2550 in filing for the month? Thank you.

Mam ask lang po. Paano po kung Zero po tax ko sa 2550Q kailangan pa po bang isubmit sa BIR po. Salmat sa sagot po. God bless.

Hi Mam Elsa, Ask ko lang po sana pano i-file ang SLSP but no sales. nakaEFPS po kami. Sana po mapansin :) Thank you and Godbless you po