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2012 NOVEMBER BIR TAX CALENDAR Part 1




Disclaimer 
 
This is just a guide of the tax calendar of a general nature
and cannot substitute for the advice of a Tax consultant
and a Certified Public Accountant (CPA).
  
Ask your CPA or your Revenue District Office of any
updates and changes in the 2012 BIR Tax Calendar

November DEADLINES:

5 Monday - LAST DAY OF e-FILING/FILING and e-PAYMENT/PAYMENT
• 2000 - DST for October 2012
SUBMISSION
nt letters and renewals or subsequent ob, „,, ,^, ,.s for financial audit by independent CPAs for TY beginning January 1, 2013
• Summary report of certifications issued by the
President of NHMFC (RA 7279) for October 2012

8 Thursday - LAST DAY OF
e-SUBMISSION
; taxpayers (regular and excise)
using CRM/POS and other sales machine with TIN
ending in an even number for October 2012 SUBMISSION ■ Transcript sheets of ORB for distilled spirits, wines,
fermented liquor, tobacco products, oil, automobiles,
and cigarette paper for October 2012

12 Monday- LAST DAY OF e-FILING/FILING and e-PAYMENT/PAYMENT
• 1600 - Withholding VAT/PT for October 2012
FILING and REMITTANCE
• 1601C, 1601E, 1601Fand 1602 - Withholding return on compensation, EWT and FWT for October 2012 (non-eFPS taxpayers)
• 1606 - Withholding on transfer of real property other than capital assets for October 2012
e-FILING
• 1601C, 1601E, 1601Fand 1602 - Withholding
return on compensation, EWT and FWT for October
2012 (Groups D and E)
e-SUBMISSION
• eSales report by large taxpayers (regular and excise)
using CRM/POS and other sales machine with TIN
ending in an odd number for October 2012
SUBMISSION
• Transcript sheets of ORB for mineral products for October 2012
• A sugar cooperative's list of buyers of sugar for October 2012, together with a copy of certificate of advance payment of VAT made by each buyer appearing on the list
• Information return on releases of refined sugar by the proprietor or operator of a sugar refinery or mill for October 2012
DISTRIBUTION
• 2306 - Certificate of VAT/PT withheld for October 2012
• 2307 - Certificate of creditable PT withheld for October 2012
REMITTANCE
• PhilHealth - ME-5 contributions for October 2012
• SSS - R-5 contributions for October 2012 of employers with SSS identification numbers ending in 1 or 2

13 Tuesday-LAST DAY OF e-FILING
• 1601C, 1601E, 1601Fand 1602 - Withholding
return on compensation, EWT and FWT for October
2012 (Group C)
FILING
• SEC - AFS for FY ended July 2012 by corporations
whose securities are registered under RSA or SRC
14 Wednesday - LAST DAY OF
e-FILING
• 1601C, 1601E, 1601Fand 1602 - Withholding
retur
2012 (Group B)
REMITTANCE
• HDMF - Ml-1 contributions by employers whose
names start with letters A to D for October 2012

15 Thursday - LAST DAY OF
e-FILING/FILING and e-PAYMENT/PAYMENT ■ 1701Q - ITR for self-employed individuals, estates and trusts for TQ ended September 2012
• 1702 and 1702-AIF - Annual ITR and AIF by
corporations and partnerships for FY ended July 2012
• 1704 - IAET for FY ended October 2011
e-FILING
• 1601C, 1601E, 1601Fand 1602 - Withholding
return on compensation, EWT and FWT for October
2012 (Group A)
e-PAYMENT
• 1601C, 1601E, 1601Fand 1602 - Withholding
return on compensation, EWT and FWT for October
2012 (all eFPS groups)
FILING and PAYMENT
• 1707A - Consolidated CGT return for shares not
traded in the stock exchange for FY ended July 2012
e-SUBMISSION
• Summary list of machines (CRM/POS) sold by
machine distributors/dealers/vendors/suppliers for TQ
ended October 2012
REGISTRATION
• Bound computer-generated/loose-leaf books of
accounts and other accounting records for FY ended
October 2012
SUBMISSION
• PhilHealth - RF-1 remittance report for October 2012
REMITTANCE
• SSS - R-5 contributions for October 2012 of
employers with SSS identification numbers ending in
2012 NOVEMBER BIR TAX CALENDAR Part 1

2012 OCTOBER BIR TAX CALENDAR Part 3




Disclaimer 
 
This is just a guide of the tax calendar of a general nature
and cannot substitute for the advice of a  Tax consultant
and a Certified Public Accountant (CPA).
  
Ask your CPA or your Revenue District Office of any
updates and changes in the 2012 BIR Tax Calendar

October DEADLINES:

29 Monday - LAST DAY OF
FILING
• SEC-AFS for FY ended June 2012 by
corporations whose securities are not
registered under RSA or SRC

30 Tuesday - LAST DAY OF
e-FILING/FILING and e-PAYMENT/ PAYMENT
• 1702Q - Quarterly ITR for TQ ended
August 2012
e-SUBMISSION
• Summary lists of sales/purchases by
VAT-registered taxpayers (all eFPS
groups) forTQ ended September 2012
REGISTRATION
• Computerized books of accounts and
other accounting records in CD-R,
DVD-R or other optical media, and
affidavit on the post-reporting
SUBMISSION
• Inventory list for FY ended September 2012
• PEZA-ITR filed with the BIR on October 15, 2012 by PEZA-registered enterprises for FY ended June 2012

31 Wednesday - LAST DAY OF
REGISTRATION
• Manual books of accounts and other
accounting records if using new books
for FY beginning November 1, 2012
SUBMISSION
• BOI - Transcript sheets of ORB by
qualified jewelry enterprises for FY
ended Septe
REMITTANCE
• HDMF - Ml-1 contributions by employers whose names start with letters R to Z for Septe
• SSS - R-5 contributions for September 2012 of employers with SSS identification numbers ending in 9 or 0
2012 OCTOBER BIR TAX CALENDAR Part 3

2012 OCTOBER BIR TAX CALENDAR Part 2




Disclaimer 
 
This is just a guide of the tax calendar of a general nature
and cannot substitute for the advice of a Tax consultant
and a Certified Public Accountant (CPA).
  
Ask your CPA or your Revenue District Office of any
updates and changes in the 2012 BIR Tax Calendar

October DEADLINES:

15 Monday-LAST DAY OF e-FILING/FILING & e-PAYMENT/ REMITTANCE
• 1603 - FBT for CQ ended September 2012 (all eFPS groups)
• 2200M - Excise tax for mineral products for CQ ended September 2012
• 1702 and 1702-AIF-Annual ITR and AIF by corporations and partnerships for FY ended June 2012
• 1704 - IAET for FY ended September 2011
e-FILING
• 1601C, 1601E, 1601Fand 1602 -
Withholding return on compensation,
ber2012 (Groups A, B and C) e-PAYMENT
• 1601C, 1601E, 1601Fand 1602 -
Withholding return on compensation,
EWT and FWT for September 2012 (all
eFPS groups)
FILING & PAYMENT
• 1707A - Consolidated CGT return for
shares not traded in the stock exchange
for FY ended June 2012
e-SUBMISSION
• Summary list of machines (CRM/POS)
sold by machine distributors/dealers/
vendors/suppliers for TQ ended
September 2012
SUBMISSION • SEC-AFSf corporation!
' FY ended June 201! whose securities are
PhilHealth - RF-1 remittance report for September 2012 PEZA - AFS filed with the BIR on September 14, 2012 by PEZA-registered enterprises for FY
books of accounts and other accounting records for FY ended September 2012 REMITTANCE
• HDMF - Ml-1 contributions by employers whose names start with letters A to D for September 2012
• SSS - R-5 contributions for September 2012 of employers with SSS identification numbers ending in 3 or 4
19 Friday- LAST DAY OF REMITTANCE
• HDMF - Ml-1 contributions by
employers whose names start with
letters E to L for September 2012

22 Monday - LAST DAY OF
e-FILING/FILING & e-PAYMENT/PAYMENT
• 2551Q-PT forTQ ended September
2012
FILING & PAYMENT
• 2550M and2551M - VAT and PT for
September 2012 (non-eFPS taxpayers)
e-FILING
• 2550M and2551M - VAT and PT for
September 2012 (Groups D and E)
DISTRIBUTION
• 2307 - Certificate of EWT for TQ ended
September 2012
PAYMENT
• LGU - LBT fourth installment for CY
2012
REMITTANCE
• SSS - R-5 contributions for September
2012 of employers with SSS
identification numbers ending in 5 or 6
23 Tuesday - LAST DAY OF
e-FILING
• 2550M and2551M - VAT and PT for
September 2012 (Group C)

24 Wednesday - LAST DAY OF
e-FILING
• 2550M and2551M - VAT and PT for
September 2012 (Group B)
REMITTANCE
• HDMF - Ml-1 contributions by
employers whose names start with
letters M to Q for September 2012

25 Thursday - LAST DAY OF
e-FILING/FILING & e-PAYMENT/PAYMENT • 2550Q - VAT for TQ ended September
i-FILING
■ 2550Mandi
| • Summary lists of sales/purchases by stered taxpayers (non-eFPS s) for TQ ended September
• Sworn statement of manufacturers or
importers on the volume of sales per
brand of alcohol and tobacco products
for July to September 2012
REMITTANCE
• SSS - R-5 contributions for September
2012 of employers with SSS
identification numbers ending in 7 or 8
2012 OCTOBER BIR TAX CALENDAR Part 2

Disadvantages of Using a Computerized Accounting System (CAS)



Power failure, computer viruses and hackers


Once data is encoded into the system,automatically the output are obtained hence theinput data needs to be validated for accuracy,completeness and authorization,

-concept of GIGO (Garbage In -Garbage out )


Accounting system not properly set up to meet the requirement of the business due to badly programmed or inappropriate software or hardware


Danger of fraud, if required controls and security, whether internal and external are not properly instituted.

Disadvantages of Using a Computerized Accounting System (CAS)
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