BIR Form 2551Q - Revision history

Gelo: Changed categories.

2022-04-07T02:56:28Z

Changed categories.

Gelo at 03:46, 11 January 2022

2022-01-11T03:46:21Z

Gelo at 17:29, 6 September 2021

2021-09-06T17:29:34Z

Gelo at 06:42, 11 March 2021

2021-03-11T06:42:41Z

Gelo at 06:26, 11 March 2021

2021-03-11T06:26:37Z

Gelo at 04:24, 23 February 2021

2021-02-23T04:24:45Z

Gelo at 04:59, 22 February 2021

2021-02-22T04:59:35Z

Gelo at 04:13, 22 February 2021

2021-02-22T04:13:05Z

Gelo at 03:50, 22 February 2021

2021-02-22T03:50:19Z

Gelo at 03:44, 22 February 2021

2021-02-22T03:44:59Z

← Older revision		Revision as of 02:56, 7 April 2022
Line 128:		Line 128:
	\| style="" \|[[Sales Journal]]<nowiki> \| </nowiki>[[Purchase Journal]]<nowiki> \| </nowiki>[[VAT Summary]]<nowiki> \| </nowiki>[[BIR Form 2550M]]<nowiki> \| </nowiki>[[BIR Form 2550Q]]<nowiki> \| </nowiki>[[BIR Form 2551Q]]<nowiki> \| </nowiki>[[BIR Form 0619-E]]<nowiki> \| </nowiki>[[BIR Form 1601E-Q]]<nowiki> \| </nowiki>[[BIR Form 1604E]]<nowiki> \| </nowiki>[[Sales Relief]]<nowiki> \| </nowiki>[[Purchase Relief]]<nowiki> \| </nowiki>[[SAWT\|Summary Alphalist of Withholding Tax]]		\| style="" \|[[Sales Journal]]<nowiki> \| </nowiki>[[Purchase Journal]]<nowiki> \| </nowiki>[[VAT Summary]]<nowiki> \| </nowiki>[[BIR Form 2550M]]<nowiki> \| </nowiki>[[BIR Form 2550Q]]<nowiki> \| </nowiki>[[BIR Form 2551Q]]<nowiki> \| </nowiki>[[BIR Form 0619-E]]<nowiki> \| </nowiki>[[BIR Form 1601E-Q]]<nowiki> \| </nowiki>[[BIR Form 1604E]]<nowiki> \| </nowiki>[[Sales Relief]]<nowiki> \| </nowiki>[[Purchase Relief]]<nowiki> \| </nowiki>[[SAWT\|Summary Alphalist of Withholding Tax]]
	\|}		\|}
		+	[[Category:Financials]]
		+	[[Category:Sales]]
		+	[[Category:Tax Reports]]

@@ Line 1: / Line 1: @@
-<div style="text-align: center;">[[Tax Reports]] | [[BIR Form 2551Q]] | [[BIR Form 2551Q Aids]]</div>
+<div style="text-align: center;">[[Tax Reports]] | [[BIR Form 2551Q]]</div>
 ==BIR Form 2551Q==
 '''BIR Form 2551Q''' refers to the Quarterly Percentage Tax Return. These taxes imposed on individuals or businesses who sell goods or services which are exempted from VAT.
-[[File:BIR Form 2551Q.png|center|thumb|1735x1735px|BIR Form 2551Q]]
 {| class="wikitable"
 |+BIR Form 2551Q terms on Oojeema Prime
@@ Line 106: / Line 112: @@
 *Grey fields are auto-generated and will automatically adjust based on the input of the user.
 {| class="wikitable" style="box-sizing: inherit; border-collapse: collapse; border-spacing: 0px; background-color: rgb(248, 249, 250); font-size: 14px; color: rgb(34, 34, 34); margin: 1em 0px; border: 1px solid rgb(162, 169, 177); font-family: &quot;Open Sans&quot;, Roboto, arial, sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"
@@ Line 117: / Line 119: @@
 | style="" |Maintenance
 | style="" |[[ATC Code]]<nowiki> | </nowiki>[[Company]]<nowiki> | </nowiki>[[Tax]]
 |- style="box-sizing: inherit;"
 | colspan="2" style="vertical-align:middle;text-align:center;" |'''Reports Module([[Reports]])'''
@@ Line 130: / Line 127: @@
 | style="" |Tax Reports
 | style="" |[[Sales Journal]]<nowiki> | </nowiki>[[Purchase Journal]]<nowiki> | </nowiki>[[VAT Summary]]<nowiki> | </nowiki>[[BIR Form 2550M]]<nowiki> | </nowiki>[[BIR Form 2550Q]]<nowiki> | </nowiki>[[BIR Form 2551Q]]<nowiki> | </nowiki>[[BIR Form 0619-E]]<nowiki> | </nowiki>[[BIR Form 1601E-Q]]<nowiki> | </nowiki>[[BIR Form 1604E]]<nowiki> | </nowiki>[[Sales Relief]]<nowiki> | </nowiki>[[Purchase Relief]]<nowiki> | </nowiki>[[SAWT|Summary Alphalist of Withholding Tax]]
 |}

@@ Line 116: / Line 116: @@
 |- style="box-sizing: inherit;"
 | style="" |Maintenance
-| style="" |[[ATC Code]]<nowiki> | </nowiki>[[Branch]]<nowiki> | </nowiki>[[Company]]<nowiki> | </nowiki>[[Tax]]
+| style="" |[[ATC Code]]<nowiki> | </nowiki>[[Company]]<nowiki> | </nowiki>[[Tax]]
 |- style="box-sizing: inherit;"
 | colspan="2" style="vertical-align:middle;text-align:center;" |'''Job Aid Modules'''
 |- style="box-sizing: inherit;"
 | style="" |Maintenance Aids
-| style="" |[[ATC Codes Aids]]<nowiki> | </nowiki>[[Branch Aids]]<nowiki> | </nowiki>[[Customer Aids|Company Aids]]<nowiki> | </nowiki>[[Tax Aids]]
+| style="" |[[ATC Codes Aids]]<nowiki> | </nowiki>[[Customer Aids|Company Aids]]<nowiki> | </nowiki>[[Tax Aids]]
 |- style="box-sizing: inherit;"
 | colspan="2" style="vertical-align:middle;text-align:center;" |'''Reports Module([[Reports]])'''

@@ Line 6: / Line 6: @@
 {| class="wikitable"
 |+BIR Form 2551Q terms on Oojeema Prime
 !'''Fields'''
-! '''Description'''
+!'''Description'''
 |-
 |1. '''Month Year'''
@@ Line 89: / Line 89: @@
 |List of Penalties:
-* '''Surcharge(20)'''
+*'''Surcharge(20)'''
-* '''Interest(21)'''
+*'''Interest(21)'''
-* '''Compromise(22)'''
+*'''Compromise(22)'''
 |-
 |23. '''Total Penalties (Sum of Items 20 to 22)'''
@@ Line 109: / Line 109: @@
 ======BIR Form 2551Q Schedule List======
-[[File:BIR Form 2551Q Schedule List.png|center|thumb|1012x1012px|BIR Form 2551Q Schedule List]]
+[[File:BIR Form 2551Q Schedule List.png|center|thumb|1054x1054px|BIR Form 2551Q Schedule List]]
 {| class="wikitable" style="box-sizing: inherit; border-collapse: collapse; border-spacing: 0px; background-color: rgb(248, 249, 250); font-size: 14px; color: rgb(34, 34, 34); margin: 1em 0px; border: 1px solid rgb(162, 169, 177); font-family: &quot;Open Sans&quot;, Roboto, arial, sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"

@@ Line 4: / Line 4: @@
 '''BIR Form 2551Q''' refers to the Quarterly Percentage Tax Return. These taxes imposed on individuals or businesses who sell goods or services which are exempted from VAT.
 [[File:BIR Form 2551Q.png|center|thumb|1735x1735px|BIR Form 2551Q]]
-BIR Form 2551Q terms on Oojeema Prime
+{| class="wikitable"
-#'''Month Year''' - Month and year when the BIR Form 2551Q was issued.
+*For Calendar Year
-#'''Year Ended''' - Month and year when the Issued Form will be end.
+**First Quarter - January to March
-#'''Quarter''' - refers to the which quarter of the year.
+**Second Quarter - April to June
-#*For Calendar Year
+**Third Quarter - July to September
-#**First Quarter - January to March
+**Fourth Quarter - October to December
-#**Second Quarter - April to June
+*For Fiscal Year
-#**Third Quarter - July to September
+**Every three months starting from the Fiscal Year.
-#**Fourth Quarter - October to December
+|-
-#*For Fiscal Year
+|4. '''Amended Return'''
-#**Every three months starting from the Fiscal Year.
+|Amended Return is filed to make corrections, additions or omissions to returns already declared, provided they have not yet been issued letters of authority from the BIR.
-#'''Amended Return''' -  is filed to make corrections, additions or omissions to returns already declared, provided they have not yet been issued letters of authority from the BIR.
+|-
-#'''No. of Sheets Attached''' - Number of Attached Sheets declared when submitting the BIR Form 2551Q
+|5. '''No. of Sheets Attached'''
-#'''TIN''' - Tax Identification Number of an Individual or Business
+|(Optional)
-#'''RDO Code''' - Regional District Office Code is a three-digit numeric or alphanumeric code assigned to each RDO in the country. The BIR uses these codes for tracking the amount of tax collection within a particular region, as well as recording and processing tax returns, tax payments, and withholding taxes.
+Number of Attached Sheets declared when submitting the BIR Form 2551Q
-#'''Tax Payer's Name''' - Registered Name for Non-Individual(Company) or Whole Name for Individual.
+|-
-#'''Registered Address''' - The registered Address of the Tax Payer.
+| colspan="2" style="vertical-align:middle;text-align:center;" |'''Part I - Background Information'''
-#*'''9A ZIP Code''' - Zone Improvement Plan Code of the registered Address of the Tax Payer.
+|-
-#'''Contact Number''' - Contact Number of the Tax Payer(Individual/Business).
+|6. '''TIN'''
-#'''Email Address''' - Email Address of the Tax Payer
+|<span style="color: rgb(34, 34, 34)">Tax Identification Number of an Individual or Business</span>
-#'''Tax Relief'''  - Tax relief is any government program or policy initiative that is designed to reduce the amount of taxes paid by individuals or businesses. This can be under: Special Law or International Tax Treaty
+|-
-#*'''12A Specify''' - Specify if the Tax Payer is availing Tax Relief
+|7. '''RDO Code'''
-#'''Income Tax Rate''' - <span style="color: rgb(51, 51, 51)">Only for individual taxpayers whose sales/receipts are subject to Percentage Tax under Section 116 of the Tax Code</span>
+|Regional District Office Code is a three-digit numeric or alphanumeric code assigned to each RDO in the country. The BIR uses these codes for tracking the amount of tax collection within a particular region, as well as recording and processing tax returns, tax payments, and withholding taxes.
-#*Graduated income tax rate on net taxable income
+|-
-#*8% income tax rate on gross sales/receipts/others
+|8. '''Tax Payer's Name'''
-#'''Total Tax Due''' - The total Tax due based from the breakdown of Schedule 1 Computation of Tax Sheet. <span style="color: rgb(51, 51, 51)">Less: Tax Credits/Payments</span>
+|Registered Name for Non-Individual(Company) or Whole Name for Individual.
-#'''Creditable Percentage Tax Withheld Per BIR FORM No. 2307''' - This certificate exhibits the income that is subjugated to Expanded Withholding Tax (EWT) that is paid by a withholding agent.
+|-
-#'''Tax Paid in Return Previously Filed, if this is an Amended Return''' - Tax Paid Return based from the Amended Return of the previous Form
+|9. '''Registered Address'''
-#'''Other Tax Credit/Payment''' - Any Tax Credit or Payment to be deducted.
+|The registered Address of the Tax Payer.
 Notes:

@@ Line 66: / Line 66: @@
 BIR Form 2551Q Schedule List Terms on Oojeema Prime
-# '''TIN''' - Tax Identification Number of an Individual or Business
+#'''TIN''' - Tax Identification Number of an Individual or Business
-# '''Tax Payer's Name''' - Registered Name for Non-Individual(Company) or Whole Name for Individual.
+#'''Tax Payer's Name''' - Registered Name for Non-Individual(Company) or Whole Name for Individual.
-# '''ATC Code''' - list of Alphanumeric Tax Codes to be declared in the schedule
+#'''ATC Code''' - list of Alphanumeric Tax Codes to be declared in the schedule
-# '''Taxable Amount''' - the taxable amount for a declared ATC Code
+#'''Taxable Amount''' - the taxable amount for a declared ATC Code
-# '''Tax Rate''' - Tax percentage to be applied based from the ATC Code
+#'''Tax Rate''' - Tax percentage to be applied based from the ATC Code
-# '''Tax Due''' - Tax Due based from the Tax Percentage as well as Tax Amount<br />
+#'''Tax Due''' - Tax Due based from the Tax Percentage as well as Tax Amount<br />
 {| class="wikitable" style="box-sizing: inherit; border-collapse: collapse; border-spacing: 0px; background-color: rgb(248, 249, 250); font-size: 14px; color: rgb(34, 34, 34); margin: 1em 0px; border: 1px solid rgb(162, 169, 177); font-family: &quot;Open Sans&quot;, Roboto, arial, sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"
@@ Line 81: / Line 81: @@
 |- style="box-sizing: inherit;"
 | colspan="2" style="vertical-align:middle;text-align:center;" |'''Job Aid Modules'''
 |- style="box-sizing: inherit;"
 | style="" |Maintenance Aids

@@ Line 31: / Line 31: @@
 #*8% income tax rate on gross sales/receipts/others
 #'''Total Tax Due''' - The total Tax due based from the breakdown of Schedule 1 Computation of Tax Sheet. <span style="color: rgb(51, 51, 51)">Less: Tax Credits/Payments</span>
-#'''Creditable Percentage Tax Withheld Per BIR FORM No. 2307'''
+#'''Creditable Percentage Tax Withheld Per BIR FORM No. 2307''' - This certificate exhibits the income that is subjugated to Expanded Withholding Tax (EWT) that is paid by a withholding agent.
-#'''Tax Paid in Return Previously Filed, if this is an Amended Return'''
+#'''Tax Paid in Return Previously Filed, if this is an Amended Return''' - Tax Paid Return based from the Amended Return of the previous Form
-#'''Other Tax Credit/Payment'''
+#'''Other Tax Credit/Payment''' - Any Tax Credit or Payment to be deducted.
-#<span style="color: rgb(51, 51, 51)">'''Total Tax Credits/Payments (Sum of Items 15 & 17)'''</span>
+#<span style="color: rgb(51, 51, 51)">'''Total Tax Credits/Payments (Sum of Items 15 & 17)''' - Total Tax Credits/Payments to be deducted to Total Tax Due</span>
-#'''Tax Payable (Overpayment) (Item 14 less Item 18)'''  '''Penalties'''
+#'''Tax Payable (Overpayment) (Item 14 less Item 18)'''  - Total Tax Payable based from the Total Tax Due less the total credits/payments.
 #'''Surcharge'''
 #*Surcharge of twenty five percent (25%)
@@ Line 49: / Line 49: @@
 #'''Compromise'''
 #*Compromise penalty as provided under applicable rules and regulations
-# '''Total Penalties (Sum of Items 20 to 22)'''
+#'''Total Penalties (Sum of Items 20 to 22)''' - Total Penalties implied if any.
-# '''Total Amount Payable(Overpayment)(Sum of Items 19 and 23)'''
+#'''Total Amount Payable(Overpayment)(Sum of Items 19 and 23)''' - Total Amount Payable based from Tax Payable and Total Penalties.
-#* If Overpayment
+#*If Overpayment
-#** To be refunded
+#**To be refunded
-#** To be issued a Tax Certificate<br />
+#**To be issued a Tax Certificate<br />
 ======BIR Form 2551Q Schedule List======