Pro BIR Form 2551Q - Revision history

Gelo at 04:59, 31 August 2021

2021-08-31T04:59:59Z

Gelo at 06:22, 15 June 2021

2021-06-15T06:22:42Z

Gelo at 05:22, 15 June 2021

2021-06-15T05:22:13Z

Gelo: Created page with "== BIR FORM 2551Q == '''BIR Form 2551Q''' refers to the Quarterly Percentage Tax Return. These taxes imposed on individuals or businesses..."

2021-06-15T05:15:45Z

Created page with "== BIR FORM 2551Q == '''BIR Form 2551Q''' refers to the Quarterly Percentage Tax Return. These taxes imposed on individuals or businesses..."

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== 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:Pro BIR Form 2551Q.png|center|thumb|1662x1662px|BIR Form 2551Q]]
{| 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: "Open Sans", 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;"
|+ style="box-sizing: inherit; padding-top: 8px; padding-bottom: 8px; color: rgb(119, 119, 119); text-align: left; font-weight: bold;" |BIR Form 2551Q terms on Oojeema Pro
! style="background-color:rgb(234, 236, 240);text-align:center;" |'''Fields'''
! style="background-color:rgb(234, 236, 240);text-align:center;" |'''Description'''
|- style="box-sizing: inherit;"
| style="" |1. '''Month Year'''
| style="" |Month and year when the BIR Form 2551Q was issued.
|- style="box-sizing: inherit;"
| style="" |2. '''Year Ended'''
| style="" |Refers to the last day of the Year.
|- style="box-sizing: inherit;"
| style="" |3. '''Quarter'''
| style="" |Refers to the which quarter of the year.

* For Calendar Year
** First Quarter - January to March
** Second Quarter - April to June
** Third Quarter - July to September
** Fourth Quarter - October to December
* For Fiscal Year
** Every three months starting from the Fiscal Year.
|- style="box-sizing: inherit;"
| style="" |4. '''Amended Return'''
| style="" |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.
|- style="box-sizing: inherit;"
| style="" |5. '''No. of Sheets Attached'''
| style="" |(Optional)
Number of Attached Sheets declared when submitting the BIR Form 2551Q
|- style="box-sizing: inherit;"
| colspan="2" style="vertical-align:middle;text-align:center;" |'''Part I - Background Information'''
|- style="box-sizing: inherit;"
| style="" |6. '''TIN'''
| style="" |Tax Identification Number of an Individual or Business
|- style="box-sizing: inherit;"
| style="" |7. '''RDO Code'''
| style="" |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.
|- style="box-sizing: inherit;"
| style="" |8. '''Tax Payer's Name'''
| style="" |Registered Name for Non-Individual(Company) or Whole Name for Individual.
|- style="box-sizing: inherit;"
| style="" |9. '''Registered Address'''
| style="" |The registered Address of the Tax Payer.

* '''9A ZIP Code''' - Zone Improvement Plan Code of the registered Address of the Tax Payer.
|- style="box-sizing: inherit;"
| style="" |10. '''Contact Number'''
| style="" |Contact Number of the Tax Payer(Individual/Business).
|- style="box-sizing: inherit;"
| style="" |11. '''Email Address'''
| style="" |Email Address of the Tax Payer
|- style="box-sizing: inherit;"
| style="" |12. '''Tax Relief'''
| style="" |(Optional)
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
|- style="box-sizing: inherit;"
| style="" |13. '''Income Tax Rate'''
| style="" |(Optional)
Only for individual taxpayers whose sales/receipts are subject to Percentage Tax under Section 116 of the Tax Code

* Graduated income tax rate on net taxable income
* 8% income tax rate on gross sales/receipts/others
|- style="box-sizing: inherit;"
| colspan="2" style="vertical-align:middle;text-align:center;" |'''Part II - Computation of Tax'''
|- style="box-sizing: inherit;"
| style="" |14. '''Total Tax Due'''
| style="" |The total Tax due based from the breakdown of Schedule 1 Computation of Tax Sheet.
|- style="box-sizing: inherit;"
| style="" |15. '''Creditable Percentage Tax Withheld Per BIR FORM No. 2307'''
| style="" |This certificate exhibits the income that is subjugated to Expanded Withholding Tax (EWT) that is paid by a withholding agent.
|- style="box-sizing: inherit;"
| style="" |16. '''Tax Paid in Return Previously Filed, if this is an Amended Return'''
| style="" |Tax Paid Return based from the Amended Return of the previous Form.
|- style="box-sizing: inherit;"
| style="" |17. '''Other Tax Credit/Payment'''
| style="" |Any Tax Credit or Payment to be deducted.
|- style="box-sizing: inherit;"
| style="" |18. '''Total Tax Credits/Payments (Sum of Items 15 & 17)'''
| style="" |Total Tax Credits/Payments to be deducted to Total Tax Due
|- style="box-sizing: inherit;"
| style="" |19. '''Tax Payable (Overpayment) (Item 14 less Item 18)'''
| style="" |Total Tax Payable based from the Total Tax Due less the total credits/payments.
|- style="box-sizing: inherit;"
| style="" |20 - 22. '''Penalties'''
| style="" |List of Penalties:

* '''Surcharge(20)'''
* '''Interest(21)'''
* '''Compromise(22)'''
|- style="box-sizing: inherit;"
| style="" |23. '''Total Penalties (Sum of Items 20 to 22)'''
| style="" |Total Penalties applied if any.
|- style="box-sizing: inherit;"
| style="" |24. '''Total Amount Payable(Overpayment)(Sum of Items 19 and 23)'''
| style="" |Total Amount Payable based from Tax Payable and Total Penalties.

* If Overpayment
** To be refunded
** To be issued a Tax Certificate
|-
|25. '''President/Vice President/Principal Officer/Accredited Tax Agent/Authorized Representative/Taxpayer. (Signature Over Printed Name)''' 
|President /Vice President/Principal Officer/Accredited Tax Agent/Authorized Representative/ Tax Payer Details

<span style="color: rgb(34, 34, 34); font-family: "Open Sans", Roboto, arial, sans-serif; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(248, 249, 250); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">25. 
* '''Title/Position of Signatory'''
* '''Tin of Signatory'''
* '''Tax Agent Acc# / Atty's Roll #. (if applicable)'''
* '''Date of Issue'''
* '''Date of Expiry'''
|-
|26. '''Treasurer/Assistant Treasurer''' (Signature Over Printed Name)
|Treasurer/Assistant Treasurer details

<span style="color: rgb(34, 34, 34); font-family: "Open Sans", Roboto, arial, sans-serif; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(248, 249, 250); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">25. 
* '''Treasurer/Assistant Treasurer'''
* '''Title/Position of Signatory'''
* '''TIN of Signatory'''
|}

@@ Line 1: / Line 1: @@
-{{DISPLAYTITLE:BIR Form 2551Q}}
+{{DISPLAYTITLE:BIR Form 2551Q}}<div style="text-align: center;">[[Pro BIR Form 2551Q|BIR Form 2551Q]] | [[Pro Sales|Sales]] | [[Pro Purchase|Purchase]] | [[Pro Bank|Bank]] | [[Pro Chart of Account|Chart of Account]] | [[Pro Tax|Tax]] | [[Pro BIR Form 2551Q Job Aids|BIR Form 2551Q Job Aids]]</div><br />
+==BIR Form 2551Q==
 '''BIR Form 2551Q''' <span style="color: rgb(51, 51, 51)">refers to the Quarterly Percentage Tax Return. These taxes imposed on individuals or businesses who sell goods or services which are exempted from VAT.</span>
 [[File:Pro BIR Form 2551Q.png|center|thumb|1662x1662px|BIR Form 2551Q]]
@@ Line 118: / Line 117: @@
 *'''Title/Position of Signatory'''
 *'''TIN of Signatory'''
 |}

@@ Line 105: / Line 105: @@
 |<span style="color: rgb(34, 34, 34)">25.</span> '''President/Vice President/Principal Officer/Accredited Tax Agent/Authorized Representative/Taxpayer. (Signature Over Printed Name)'''<br />
 |<span style="color: rgb(34, 34, 34)">President /Vice President/Principal Officer/Accredited Tax Agent/Authorized Representative/ Tax Payer Details</span>
 *'''Title/Position of Signatory'''
@@ Line 116: / Line 114: @@
 |<span style="color: rgb(34, 34, 34)">26.</span> '''Treasurer/Assistant Treasurer''' <span style="color: rgb(34, 34, 34)">(Signature Over Printed Name)</span>
 |<span style="color: rgb(34, 34, 34)">Treasurer/Assistant Treasurer details</span>
 *'''Treasurer/Assistant Treasurer'''

@@ Line 1: / Line 1: @@
-== BIR FORM 2551Q ==
+{{DISPLAYTITLE:BIR Form 2551Q}}
 '''BIR Form 2551Q''' <span style="color: rgb(51, 51, 51)">refers to the Quarterly Percentage Tax Return. These taxes imposed on individuals or businesses who sell goods or services which are exempted from VAT.</span>
 [[File:Pro BIR Form 2551Q.png|center|thumb|1662x1662px|BIR Form 2551Q]]
@@ Line 16: / Line 18: @@
 | style="" |<span style="color: rgb(34, 34, 34)">Refers to the which quarter of the year.</span>
-* For Calendar Year
+*For Calendar Year
-** First Quarter - January to March
+**First Quarter - January to March
-** Second Quarter - April to June
+**Second Quarter - April to June
-** Third Quarter - July to September
+**Third Quarter - July to September
-** Fourth Quarter - October to December
+**Fourth Quarter - October to December
-* For Fiscal Year
+*For Fiscal Year
-** Every three months starting from the Fiscal Year.
+**Every three months starting from the Fiscal Year.
 |- style="box-sizing: inherit;"
 | style="" |4. '''Amended Return'''
@@ Line 45: / Line 47: @@
 | style="" |The registered Address of the Tax Payer.
-* '''9A ZIP Code''' - Zone Improvement Plan Code of the registered Address of the Tax Payer.
+*'''9A ZIP Code''' - Zone Improvement Plan Code of the registered Address of the Tax Payer.
 |- style="box-sizing: inherit;"
 | style="" |10. '''Contact Number'''
@@ Line 61: / Line 63: @@
 <span class="ve-pasteProtect" style="color: rgb(51, 51, 51)" data-ve-attributes="{&quot;style&quot;:&quot;color: rgb(51, 51, 51)&quot;}">Only for individual taxpayers whose sales/receipts are subject to Percentage Tax under Section 116 of the Tax Code</span>
-* Graduated income tax rate on net taxable income
+*Graduated income tax rate on net taxable income
-* 8% income tax rate on gross sales/receipts/others
+*8% income tax rate on gross sales/receipts/others
 |- style="box-sizing: inherit;"
 | colspan="2" style="vertical-align:middle;text-align:center;" |'''Part II - Computation of Tax'''
@@ Line 87: / Line 89: @@
 | style="" |List of Penalties:
-* '''Surcharge(20)'''
+*'''Surcharge(20)'''
-* '''Interest(21)'''
+*'''Interest(21)'''
-* '''Compromise(22)'''
+*'''Compromise(22)'''
 |- style="box-sizing: inherit;"
 | style="" |23. '''Total Penalties (Sum of Items 20 to 22)'''
@@ Line 97: / Line 99: @@
 | style="" |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
+**To be issued a Tax Certificate
 |-
 |<span style="color: rgb(34, 34, 34)">25.</span> '''President/Vice President/Principal Officer/Accredited Tax Agent/Authorized Representative/Taxpayer. (Signature Over Printed Name)'''<br />
 |<span style="color: rgb(34, 34, 34)">President /Vice President/Principal Officer/Accredited Tax Agent/Authorized Representative/ Tax Payer Details</span>
-<span style="color: rgb(34, 34, 34); font-family: &quot;Open Sans&quot;, Roboto, arial, sans-serif; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(248, 249, 250); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">25.<span> </span></span>
+<span style="color: rgb(34, 34, 34)">25.<span> </span></span>
 * '''Title/Position of Signatory'''
-* '''Tin of Signatory'''
+*'''Title/Position of Signatory'''
-* '''Tax Agent Acc# / Atty's Roll #. (if applicable)'''
+*'''Tin of Signatory'''
-* '''Date of Issue'''
+*'''Tax Agent Acc# / Atty's Roll #. (if applicable)'''
-* '''Date of Expiry'''
+*'''Date of Issue'''
 |-
 |<span style="color: rgb(34, 34, 34)">26.</span> '''Treasurer/Assistant Treasurer''' <span style="color: rgb(34, 34, 34)">(Signature Over Printed Name)</span>
 |<span style="color: rgb(34, 34, 34)">Treasurer/Assistant Treasurer details</span>
-<span style="color: rgb(34, 34, 34); font-family: &quot;Open Sans&quot;, Roboto, arial, sans-serif; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(248, 249, 250); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">25.<span> </span></span>
+<span style="color: rgb(34, 34, 34)">25.<span> </span></span>
 * '''Treasurer/Assistant Treasurer'''
-* '''Title/Position of Signatory'''
+*'''Treasurer/Assistant Treasurer'''
-* '''TIN of Signatory'''
+*'''Title/Position of Signatory'''
 |}