This power point includes the different types of tax, computation of monthly taxes and some problems.

1. 1. Single w/o dependent - 15,000 salary 700 fringe benefits
15,000
700
14,300
10,000
4,300
.20
860
708.33
1568.33 monthly tax

2. 2. Married w/ 2 children – 18,500 salary
875 fringe benefits
18,500
875
17625
14167
3458
.20
691.6
708.33
1399.93

3. 3. Married w/ 4 children – 9000 salary
700 –fringe benefits
9000
700
8300 = 150 monthly tax

4. 4. Married w/ 3 children,2 in the GS & 1 is 24yrs.old =
25,000 salary 950 fringe benefits
25,000
950
24,050
20,000
4,050
.25
1012.50
1875.00
2887.50 monthly tax

6. P4.712 trillion as of last April from
previous month’s P4.705 trillion

8. Buwis
Kita ng
Pamahalaan
Pangungutang
Tulong
mula sa
ibang
bansa
Kita ng
Negosyo
Pagbebenta
ng Ari-arian

14. BUWIS
sapilitang kontribusyon na sinisingil ng
pamahalaan sa mga taong
naghahanapbuhay at sa mga kompanya.

15. TEORYA
NG PAGBUBUWIS
Ability to Pay
Principle Benefit Theory
Equal
Distribusyon
Theory

16. Mga Uri ng Buwis
1. Batay sa Antas ng Buwis
a. Progresibo- tumataas ang proporsyon ng buwis na
ibinabayad ng indibidwal habang lumalaki ang kanyang kita
at dumarami ang kanyang pag-aari.
kita at yaman = buwis bilang % ng kita at yaman

17. b. Regresibo – habang tumataas ang kita ay siya namang bumababa
ang proporsyon ng buwis sa kita na sinisingil.
kita at yaman = buwis bilang % ng kita at yaman
kita at yaman = buwis bilang % ng kita at yaman
c. Proporsyonal- hindi nagbabago ang buwis kahit magbago
ang halaga binubuwisan.
kita at yaman = parehong antas ng buwis

18. 2. Batay sa Pagbabayad
a. Tuwiran (direct)
hal. Income tax, property tax , immigration tax,
inheritance tax
b. Di-tuwiran ( indirect)
hal. Sales tax, EVAT

19. 3. Ayon sa Layunin
a. Buwis sa Hanapbuhay
b. Community Tax ( Sedula )
4. Buwis sa Kita
5. Buwis sa Ari-arian
6. Excise Tax
a. Specific Tax- ( batay sa bigat ng produkto)
b. Ad Valorem Tax( batay sa presyo )
7. Regulatory Tax- maisaayos ang pagbili at
paggamit ng mga produkto ( taripa)
8. Value Added Tax/ EVAT/ RVAT

20. VAT- ( Value Added Tax)
- E.O. #. 273
- Pres. Corazon Aquino
- Jan. 1, 1988
- buwis na ipinapataw sa produkto
at serbisyo.
- 10 %

21. SAKOP NG VAT
PROCESSED
FOODS
VAT
SERBISYO NG
BARBERO,
BEAUTICIAN,
SECURITY
GUARD
KAGAMITANG
PAMBAHAY
PRODUKTONG
PANGKABUHAYAN
CONTRACTORS,
BROKERS ,
MILLERS
MGA
GAMIT SA
PAARALAN

22. • EVAT ( EXPANDED VALUE ADDED TAX)
 R.A. 7716
 PRES. FIDEL RAMOS
JAN.1, 1996
10%

23. SAKOP NG EVAT
IMPORTED NA KARNE PROPERTY RIGHTS
PRANGKISA NG
TELEPONO,TELEBISYON
AIR FREIGHT, SHIPPING,
TRUCKING
PAGGAMIT NG CABLE
TV SATELLITE
TRANSMISSION
NONLIFE INSURANCE
PAMATAY PESTE SPECIALTY FEEDS
SERBISYO NG MGA
HOTELS,
RESTAURANTS,RESORTS
ATBP.

24. • RVAT – REFORMED VALUE ADDED TAX
R.A. # 9337
PRES. GLORIA MACAPAGAL ARROYO
NOV. 2007
12%
 ELEKTRISIDAD PETROLYO

26. Monthly 1 2 3 4 5 6 7 8
Exemption
Status
0.00
+0%
over
0.00
+5% over
41.67
+10%
over
208.33
+15% over
708.33
+20%
over
1,875
+25%
over
4,166.67
+30%
over
10,416.67
A. Table for employees w/o qualified dependent
1. Z 0.0
2. S/ME 50
1
1
0
4,167
833
5,000
2500
6,667
5,833
10,000
11,667
15,883
20,833
25,000
41,667
45,833
B. Table for employees w/ qualified dependent Child(ren)
1.ME1/S1 75
2.ME2/S2 100
3.ME3/S3 125
4.ME4/S4 150
1
1
1
1
6,250
8,333
10,417
12,500
7,083
9,167
11,250
13,333
8,750
10,833
12,917
15,000
12,083
14,167
16,250
18,333
17,917
20,000
22,083
24,167
27,083
29,167
31,250
33,333
47,917
50,000
52,083
54,167

27. De minimis- benefits not subject to
income tax.
1. Monetized unused vacation leave credits of
employees not exceeding 10 days during the
year .
2. Medical cash allowance to dependents of
employees not exceeding 750.00 per
employee per semester or 125 per month
3. Rice subsidy of 1,500 or 1 sack of 50 kg. rice
per month amounting to not more than
1,500

28. 4. Uniforms and clothing allowance not
exceeding 4,000 per annum
5. Actual yearly medical benefits not
exceeding 10,000 per annum
6. Laundry allowance not exceeding 300.00
per month

29. 7. Employees achievement awards,e.g, for length of
service which must be in the form of a tangible personal
property other than cash or gift certificate, with an
annual monetary value not exceeding 10, 000 received
by the under an established written plan which does
not discriminate in favour of highly paid employees

30. 8. Gifts given during Christmas and major
anniversary celebrations not exceeding 5,000 per
employee per annum

31. 9. Flowers, fruits,books or similar
items given to employees under
special circumstances,e.g., on account
of illness, marriage, birth of a baby
etc.
10. Daily meal allowance for overtime
work not exceeding 25 % of the basic
minimum wage.

32. 1. Si Mrs.Daz ay single walang
umaasa. Tumatanggap ng
P15,000 bilang regular na
buwang sahod at P 3000 bilang
supplementary na sahod.
Magkano ang buwanang buwis
ni Mrs.Daz?

33. Regular Compensation P 15,000
Gross Benefits
supplementary compensation= 3,000
Less: Compensation Level
( Line A-2 Column 5) P 10, 000
Excess : P 5,000
Add: Supplementary Compensation P 3,000
Total : P 8,000
Tax on P10,000 P 708.33
Tax on excess ( P8000 X .20 ) P 1,600.00
Withholding Tax P 2,308.33

34. 2. Si Gng. Dimas ay may 3 na anak isa dito ay
nagtatrabaho na sa kompanyang pinapasukan
niya. Ang regular na sahod ni Gng. Dimas ay
16,400 at may hazard pay na natatangap na 2,000
at overtime pay na 1,000. Magkano ang
withholding tax niya?

35. Regular Compensation P 16,400
Gross Benefits
Hazard Pay 2,000
overtime Pay 1,000 = 3, 000
Total taxable Compensation Income 19,400
Regular Compensation 16, 400
Less: Compensation Level
( Line B-2 Column 5) P 14, 167
Excess : P 2, 233
Add: Supplementary Compensation P 3, 000
Total : P 5, 233
Tax on P14,167 P 708.33
Tax on excess ( P5,233X .20 ) P 1,046.60
Withholding Tax P1,754.93

36. Si G.Aquino ay may tatlong dependents,
nakakatanggap ng P18,500 bilang regular na sahod
kada buwan. Bukod dito ay iba pa siyang
natatanggap tulad ng commission na P12,000,
transportation allowance na P 3,000, hazard Pay na
P3,000, overtime pay na P1,000 at night shift
differential na P 1,500.Magkano ang withholding
tax?

37. Regular Compensation 18,500
Gross benefits
commission 12,000
Transpo 3, 000
H.P 3, 000
O.T. 1,000
N.D 1,500 20,500
total taxable income-=39,000
reg.comp. 18,500
less (Line B-2,C5) 16,250
2,250
+ 20,500
22,750
Tax on 14,167 = 708.33
tax on excess (24,833 X .20)= 4,550
W.T. 5,258.33

38. Si Bb. Corpus ay single ngunit may isang
dependent. May regular na sahod na P19,
500. May natatanggap siya na P 1,500 na
honorarium bukod dito may natatanggap
siya na overtime pay na P2,000. Magkano
ang withholding tax?

39. . Regular Compensation P19,500
Gross Benefits
Honorarium 1500
Overtime Pay 2000
P 3,500
Total Taxable Compensation Income P 23,000
Regular Compensation P19,500
Less: ( Line B-1 column 6 ) P17,917
Excess : P 1,583
Add: Supplementary Compensation P 3,500
Total : P 5,083
Tax on P 17,917 P 1,875.00
Tax on excess ( 5,083 X .25 ) P _1,270.75
Withholding Tax P 3,145.75