Professional Documents
Culture Documents
COMPLIANCE TEST
ROGER C. LEE
Group Supervisor
Revenue District No. 82
Cebu City South Distrct
Objectives
Taxpayers will be aware of the common violations
and adhere to the requirements of
OOKKEEPING
NVOICING
EGISTRATION
REGISTRATION VIOLATIONS
Failure to register the business with BIR
No RF annual/renewal payment
No Certificate Of Registration displayed
No Ask for Receipt poster displayed
Registration Requirement
(Sec.236, NIRC)
Registration Requirement
3a. Sec. 248/249 Failure to pay annual registration
fee is subject to penalties of 25% surcharge, interest
and compromise penalty.
3b. Sec. 258 Unlawful pursuit of business. For each act
or omission, be punished by a fine of not less than
P5,000 but not more than P20,000 and imprisonment
of not less than six (6) months but not more than
2 years.
Registration Procedure
Registration is required for every separate or distinct
establishment or place of business including facility
types where sales transactions occur and warehouse
where inventory of goods for sale are kept before
commencement of business and payment of any tax due.
Registration Procedure
The Certificate of Registration shall be issued to the
applicant by the Revenue Office concerned upon
compliance with the requirements for registration
which shall be posted together with duly validated
Registration Fee Return at a conspicuous place in
the principal place of business and at each branch.
Cancellation of Registration
The required documents for submission:
Transfer of Registration
Whenever a VAT-registered person changes his
principal place of business from one revenue district
to another, both revenue district offices should be
notified by filing BIR Form 1905 within fifteen (15)
days from the date of such change was made.
If the change of address is within the revenue district,
the notification shall be filed with the same revenue
district office.
1ST
OFFENSE
FAILURE TO
REGISTER
FAILURE TO PAY ANNUAL
REGISTRATION FEE
P 1,000.00
NO CERTIFICATE OF REGISTRATION
DISPLAYED
P 1,000.00
P 1,000.00
2ND
OFFENSE
Invoicing Requirements
All registered persons shall for every sale or lease of
goods, properties or services, issue duly registered
receipts or sales or commercial invoices which must
show:
Name, TIN, address of seller
Date of transaction
Quantity, unit cost and description of merchandise
or nature of service
The name,TIN, and address of the purchaser,
customer or client for VAT registered taxpayers
Invoice or receipt number
Authority to print number & other receipt details
1STOFFENSE
2NDOFFENSE
P 10,000.00
P 20,000.00
P 25,000.00
P 50,000.00
P 10,000.00
P 20,000.00
P 10,000.00
P 20,000.00
P 1,000.00
P 2,500.00
1STOFFENSE
2NDOFFENSE
P 25,000.00
P 50,000.00
P 25,000.00
P 50,000.00
P 25,000.00
P 50,000.00
P 25,000.00
P50,000.00
1STOFFENSE
2NDOFFENSE
P 25,000.00
P 50,000.00
P 50,000.00
FAILURE to ATTACH/PASTE
ORIGINAL STICKER in the machine
authorizing the USE of CRM/POS or
similar device
P 1,000.00
FAILURE to ATTACH/PASTE
ORIGINAL STICKER in the machine
authorizing the USE of CRM for CASH
DEPOSITORY ONLY
P 1,000.00
1STOFFENSE
P 1,000.00
P 1,000.00
2NDOFFENSE
P 25,000.00
P 50,000.00
BOOKKEEPING VIOLATIONS
Failure to register Books of Accounts
Failure to keep Books of Accounts at the place of
business
Failure to record daily entries in the registered Books
of Accounts
Books of Accounts
(Sec. 232, NIRC)
1. New Business must be registered before
commencement of the business or upon
registration.
2. Existing Business must be registered on or
before Dec. 31 of the current year.
3. Late registration shall be subject to a minimum
penalty of:
Individual (Non-VAT P500; VAT P1,000)
Corporation (Non-Vat P1,000; VAT P2,000)
AMOUNT
Subject to graduated rates
(P200-P50,000) based on
gross sales
FREQUENCY
BIR FORM
1.
Monthly
Quarterly
2550M
2550Q
2551M
1601C
VAT
2.
Non-VAT
Monthly
(Percentage)
3. Withholding Tax
Compensation
Monthly
Expanded
4.
5.
Income Tax
(Individual
Income Tax
(Corp/Part)
Monthly
1601E
Quarterly
1701Q
Yearly
Quarterly
Yearly
1701
1702Q
1702
DEADLINE