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Difference between revisions of "BIR Form 2550Q"

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BIR Form 2550Q terms on Oojeema Prime
 
BIR Form 2550Q terms on Oojeema Prime
  
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# '''Month Year'''
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#'''Month Year''' - Month and year when the BIR Form 2550Q was issued.
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# '''Quarter'''
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#*<br />r Moo
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# '''Return Period'''
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#'''Quarter''' - refers to the which quarter of the year
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# '''Amended Return'''
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#'''Return Period'''
−
# '''Short Period''' '''''<span class="col-red">Background Information</span>'''''
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#'''Amended Return'''
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# '''TIN'''
+
#'''Short Period''' '''''<span class="col-red">Background Information</span>'''''
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# '''RDO Code'''
+
#'''TIN'''
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# '''No. of Sheets Attached'''
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#'''RDO Code'''
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# '''Line of Business'''
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#'''No. of Sheets Attached'''
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# '''Tax Payer's Name'''
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#'''Line of Business'''
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# '''Telephone Number'''
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#'''Tax Payer's Name'''
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# '''Registered Address'''
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#'''Telephone Number'''
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# '''ZIP Code'''
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#'''Registered Address'''
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# '''Tax Relief''' '''''<span class="col-red">Computation of Tax</span>'''''
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#'''ZIP Code'''
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# '''Vatable Sales/Receipt-Private'''
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#'''Tax Relief''' '''''<span class="col-red">Computation of Tax</span>'''''
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# '''Sale to Government'''
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#'''Vatable Sales/Receipt-Private'''
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# '''Zero Rated Sales/Receipts'''
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#'''Sale to Government'''
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# '''Exempt Sales/Receipts'''
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#'''Zero Rated Sales/Receipts'''
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# '''Total Sales/Receipts and Output Tax Due'''
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#'''Exempt Sales/Receipts'''
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# '''Less: Allowable Input Tax'''
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#'''Total Sales/Receipts and Output Tax Due'''
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#* '''20A Input Tax Carried Over from Previous Quarter'''
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#'''Less: Allowable Input Tax'''
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#* '''20B Input Tax Deferred on Capital Goods Exceeding P1Million from Previous Quarter'''
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#*'''20A Input Tax Carried Over from Previous Quarter'''
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#* '''20C Transitional Input Tax'''
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#*'''20B Input Tax Deferred on Capital Goods Exceeding P1Million from Previous Quarter'''
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#* '''20D Presumptive Input Tax'''
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#*'''20C Transitional Input Tax'''
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#* '''20E Others'''
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#*'''20D Presumptive Input Tax'''
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#* '''20F Total (Sum of Item 20A, 20B, 20C, 20D & 20E)'''
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#*'''20E Others'''
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# '''Current Transactions'''
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#*'''20F Total (Sum of Item 20A, 20B, 20C, 20D & 20E)'''
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#* '''21A/B Purchase of Capital Goods not exceeding P1Million (see sch.2)'''
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#'''Current Transactions'''
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#* '''21C/D Purchase of Capital Goods exceeding P1Million (see sch.2)'''
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#*'''21A/B Purchase of Capital Goods not exceeding P1Million (see sch.2)'''
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#* '''21E/F Domestic Purchases of Goods other than capital goods'''
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#*'''21C/D Purchase of Capital Goods exceeding P1Million (see sch.2)'''
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#* '''21G/H Importation of Goods Other than Capital Goods'''
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#*'''21E/F Domestic Purchases of Goods other than capital goods'''
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#* '''21I/J Domestic Purchases of Services'''
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#*'''21G/H Importation of Goods Other than Capital Goods'''
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#* '''21K/L Services rendered by Non-residents'''
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#*'''21I/J Domestic Purchases of Services'''
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#* '''21M Purchases Not Qualified for Input Tax'''
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#*'''21K/L Services rendered by Non-residents'''
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#* '''21N/O Others'''
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#*'''21M Purchases Not Qualified for Input Tax'''
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#* '''21P Total Current Purchases (Sum of item 21A,21C,21E,21G,21I,21K,21M&21N)'''
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#*'''21N/O Others'''
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# <span style="color: rgb(51, 51, 51)">'''Total Available Input Tax (Sum of Item 20F, 21B, 21D, 21F, 21H, 21J, 21L,&21O)'''</span>
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#*'''21P Total Current Purchases (Sum of item 21A,21C,21E,21G,21I,21K,21M&21N)'''
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# <span style="color: rgb(51, 51, 51)">'''Less: Deductions from Input Tax'''</span>
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#<span style="color: rgb(51, 51, 51)">'''Total Available Input Tax (Sum of Item 20F, 21B, 21D, 21F, 21H, 21J, 21L,&21O)'''</span>
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#* '''23A Input Tax on Purchases of Capital Goods exceeding P1Million deferred for succeeding period (Sch.3)'''
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#<span style="color: rgb(51, 51, 51)">'''Less: Deductions from Input Tax'''</span>
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#* '''23B Input Tax on Sale to Govt. closed to expense (Sch.4)'''
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#*'''23A Input Tax on Purchases of Capital Goods exceeding P1Million deferred for succeeding period (Sch.3)'''
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#* '''23C Input Tax allocable to Exempt Sales (Sch.5)'''
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#*'''23B Input Tax on Sale to Govt. closed to expense (Sch.4)'''
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#* '''23D VAT Refund/TCC claimed'''
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#*'''23C Input Tax allocable to Exempt Sales (Sch.5)'''
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#* '''23E Others'''
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#*'''23D VAT Refund/TCC claimed'''
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#* '''23F Total (Sum of Item 23A, 23B,23C,23D & 23E)'''
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#*'''23E Others'''
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# '''Total Allowable Input Tax (Item 22 less Item 23F)'''
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#*'''23F Total (Sum of Item 23A, 23B,23C,23D & 23E)'''
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# '''Net VAT Payable (Item 19B less Item 24)'''
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#'''Total Allowable Input Tax (Item 22 less Item 23F)'''
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# <span style="color: rgb(51, 51, 51)">'''Less: Tax Credits/Payments'''</span>
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#'''Net VAT Payable (Item 19B less Item 24)'''
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#* '''26A Monthly VAT Payments - previous two months'''
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#<span style="color: rgb(51, 51, 51)">'''Less: Tax Credits/Payments'''</span>
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#* '''26B Creditable Value-Added Tax Withheld (Sch. 6)'''
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#*'''26A Monthly VAT Payments - previous two months'''
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#* '''26C Advance Payments for Sugar and Flour Industries (Sch.7)'''
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#*'''26B Creditable Value-Added Tax Withheld (Sch. 6)'''
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#* '''26D VAT Withheld on Sales to Government (Sch.8)'''
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#*'''26C Advance Payments for Sugar and Flour Industries (Sch.7)'''
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#* '''26E VAT paid in return previously filed, if this is an amended return'''
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#*'''26D VAT Withheld on Sales to Government (Sch.8)'''
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#* '''26F Advance Payments made (please attach proof of payments - BIR Form No. 0605)'''
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#*'''26E VAT paid in return previously filed, if this is an amended return'''
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#* '''26G Others'''
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#*'''26F Advance Payments made (please attach proof of payments - BIR Form No. 0605)'''
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#* '''26H Total Tax Credits/Payments (Sum of Item 26A,26B,26C,26D,26E, 26F & 26G)'''
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#*'''26G Others'''
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# '''Tax Still Payable/(Overpayment)(Item 25 less Item 26H)'''
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#*'''26H Total Tax Credits/Payments (Sum of Item 26A,26B,26C,26D,26E, 26F & 26G)'''
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# '''Penalties'''
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#'''Tax Still Payable/(Overpayment)(Item 25 less Item 26H)'''
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#* '''Surcharge(28A)'''
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#'''Penalties'''
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#* '''Interest(28B)'''
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#*'''Surcharge(28A)'''
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#* '''Compromise(28C)'''
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#*'''Interest(28B)'''
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# '''Total Amount Payable/(Overpayment) (Sum of Item 27 & 28D)'''
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#*'''Compromise(28C)'''
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# '''President/Vice President/Principal Officer/Accredited Tax Agent/Authorized Representative/Taxpayer'''
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#'''Total Amount Payable/(Overpayment) (Sum of Item 27 & 28D)'''
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#* '''Title/Position of Signatory'''
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#'''President/Vice President/Principal Officer/Accredited Tax Agent/Authorized Representative/Taxpayer'''
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#* '''Tin of Signatory'''
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#*'''Title/Position of Signatory'''
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#* '''Tax Agent Acc#/Atty's Roll #. (if applicable)'''
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#*'''Tin of Signatory'''
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#* '''Date of Issue'''
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#*'''Tax Agent Acc#/Atty's Roll #. (if applicable)'''
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#* '''Date of Expiry'''
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#*'''Date of Issue'''
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# '''Treasurer/Assistant Treasurer (Signature Over Printed Name)'''
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#*'''Date of Expiry'''
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#* '''Treasurer/Assistant Treasurer (Signature Over Printed Name)'''
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#'''Treasurer/Assistant Treasurer (Signature Over Printed Name)'''
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#* '''Title/Position of Signatory'''
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#*'''Treasurer/Assistant Treasurer (Signature Over Printed Name)'''
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#* '''TIN of Signatory'''  <br />  <br />  <br />
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#*'''Title/Position of Signatory'''
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#*'''TIN of Signatory'''  <br />  <br />  <br />
  
 
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Revision as of 11:41, 19 February 2021

BIR Form 2550Q

BIR Form 2550Q refers to the Monthly Value-Added Tax Declaration of the Company. It is a form of sales tax which is imposed on sales or exchange of goods and services in the Philippines in a quarterly basis(Every 3 months).

File:BIR Form 2550Q.png
BIR Form 2550Q

BIR Form 2550Q terms on Oojeema Prime

  1. Month Year - Month and year when the BIR Form 2550Q was issued.

    • r Moo
  2. Quarter - refers to the which quarter of the year
  3. Return Period
  4. Amended Return
  5. Short Period Background Information
  6. TIN
  7. RDO Code
  8. No. of Sheets Attached
  9. Line of Business
  10. Tax Payer's Name
  11. Telephone Number
  12. Registered Address
  13. ZIP Code
  14. Tax Relief Computation of Tax
  15. Vatable Sales/Receipt-Private
  16. Sale to Government
  17. Zero Rated Sales/Receipts
  18. Exempt Sales/Receipts
  19. Total Sales/Receipts and Output Tax Due
  20. Less: Allowable Input Tax
    • 20A Input Tax Carried Over from Previous Quarter
    • 20B Input Tax Deferred on Capital Goods Exceeding P1Million from Previous Quarter
    • 20C Transitional Input Tax
    • 20D Presumptive Input Tax
    • 20E Others
    • 20F Total (Sum of Item 20A, 20B, 20C, 20D & 20E)
  21. Current Transactions
    • 21A/B Purchase of Capital Goods not exceeding P1Million (see sch.2)
    • 21C/D Purchase of Capital Goods exceeding P1Million (see sch.2)
    • 21E/F Domestic Purchases of Goods other than capital goods
    • 21G/H Importation of Goods Other than Capital Goods
    • 21I/J Domestic Purchases of Services
    • 21K/L Services rendered by Non-residents
    • 21M Purchases Not Qualified for Input Tax
    • 21N/O Others
    • 21P Total Current Purchases (Sum of item 21A,21C,21E,21G,21I,21K,21M&21N)
  22. Total Available Input Tax (Sum of Item 20F, 21B, 21D, 21F, 21H, 21J, 21L,&21O)
  23. Less: Deductions from Input Tax
    • 23A Input Tax on Purchases of Capital Goods exceeding P1Million deferred for succeeding period (Sch.3)
    • 23B Input Tax on Sale to Govt. closed to expense (Sch.4)
    • 23C Input Tax allocable to Exempt Sales (Sch.5)
    • 23D VAT Refund/TCC claimed
    • 23E Others
    • 23F Total (Sum of Item 23A, 23B,23C,23D & 23E)
  24. Total Allowable Input Tax (Item 22 less Item 23F)
  25. Net VAT Payable (Item 19B less Item 24)
  26. Less: Tax Credits/Payments
    • 26A Monthly VAT Payments - previous two months
    • 26B Creditable Value-Added Tax Withheld (Sch. 6)
    • 26C Advance Payments for Sugar and Flour Industries (Sch.7)
    • 26D VAT Withheld on Sales to Government (Sch.8)
    • 26E VAT paid in return previously filed, if this is an amended return
    • 26F Advance Payments made (please attach proof of payments - BIR Form No. 0605)
    • 26G Others
    • 26H Total Tax Credits/Payments (Sum of Item 26A,26B,26C,26D,26E, 26F & 26G)
  27. Tax Still Payable/(Overpayment)(Item 25 less Item 26H)
  28. Penalties
    • Surcharge(28A)
    • Interest(28B)
    • Compromise(28C)
  29. Total Amount Payable/(Overpayment) (Sum of Item 27 & 28D)
  30. President/Vice President/Principal Officer/Accredited Tax Agent/Authorized Representative/Taxpayer
    • Title/Position of Signatory
    • Tin of Signatory
    • Tax Agent Acc#/Atty's Roll #. (if applicable)
    • Date of Issue
    • Date of Expiry
  31. Treasurer/Assistant Treasurer (Signature Over Printed Name)
    • Treasurer/Assistant Treasurer (Signature Over Printed Name)
    • Title/Position of Signatory
    • TIN of Signatory


Categories:
Modules
Maintenance ATC Code | Branch | Company | Tax
Job Aid Modules
Sales Aids Sales Invoice
Maintenance Aids ATC Codes Aids | Branch Aids | Customer Aids | Tax Aids
Reports Module(Reports)
Reports Tax Reports
Tax Reports Sales Journal | Purchase Journal | VAT Summary | BIR Form 2550M | BIR Form 2550Q | BIR Form 2551Q | BIR Form 0619-E | BIR Form 1601E-Q | BIR Form 1604E | Sales Relief | Purchase Relief | Summary Alphalist of Withholding Tax
Reports Aid
Tax Reports Sales Journal Aids | Purchase Journal Aids | VAT Summary Aids | BIR Form 2550M Aids | BIR Form 2550Q Aids | BIR Form 0619-E Aids | BIR Form 1601E-Q Aids | BIR Form 1604E Aids | Sales Relief Aids | Purchase Relief Aids | Summary Alphalist of Withholding Taxes Aids
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