Payroll and Income Tax

Accounting Updates

Sept. 29, 30, & Oct. 1, 2010 . 1:00pm – 5:00pm .

RCBC Plaza Makati City

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TOPICS:

DAY 1 :

Basic Concepts and Principles of Compensation

•Nature of Employees’ Compensation

•Forms of Compensation

•Situs of Compensation

•Classification of Employees for payroll purposes

•Kinds of Compensation for Income Tax purposes

•Compensation income subject to final tax

•Compensation income subject to graduated tax

•Employees’ benefits exempted from income tax

•Compensation excluded from taxable income

•Withholding taxes on compensation

•Final vs. creditable withholding taxes

DAY 2 :

•Allowed Deductions from Compensation Income
Basic personal exemption
Additional personal exemptions
Health Insurance Premium Deductions

•Allowed Deductions for Compensation Payment

•“de minimis benefits exempt from income taxes

•Fringe benefits subject to income taxes
Housing and Motor vehicles
Other taxable fringe benefits

•Exempted fringe benefits

•Special fringe benefit tax base and rates

•Substantiation requirements & penalties

DAY3 :

•Implementing Rules on R.A. 9504
Salient provisions of Minimum Wage Earners’ Law
Exempt compensation income of minimum wage earners
Requisites for Exemptions from income taxes
Mixed Income Minimum Wage Earners’ Taxes
Business taxes of BOI & EPZA Registered Enterprises

•Income Taxes on gains derived from dealings in properties

•Capital gains taxes of individuals and corporate taxpayers

•Passive income and final taxes of individual taxpayers

•Computation of withholding taxes on compensation and other basic income of individuals

•Reporting and other Administrative Requirements

Speaker – Prof. RAMELO C. GLORIA, MBA, CPA

Presently:
Asst. Professor III, UPHS Biñan, Laguna
CPA Reviewer, UE Center for Review            & Special Studies (UECRSS), Inc.
CPA Reviewer, CPAR Cebu & Dagupan
Practicing Certified Public Accountant
Professorial Lecturer, San Sebastian College Recoletos-Manila
Professorial Lecturer, Columban College
Author, Textbooks & CPA Reviewers in Accounting, Taxation and Auditing.

Previously:

CPA Reviewer, PRTC, PSBA & University of Manila CPAR Centers
BSA Area Chairman, PUP Cavite
Faculty Member, PCU-Dasmariñas, Cavite
Audit Staff, Ernst & Young Phils.

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REGISTER NOW

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Please call us for reservation / inquiry

Tel. 470-1055 / 54

Look for LENI

Or text / call 0905-3364486

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or fill out the registration form below and fax it back to us

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REGISTRATION FORM

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Seminar Investment

EARLY BIRD RATE (until Sept. 15, 2010)

Whole Program – Php 4,995 + VAT   /   Per Day – Php  2,295 + VAT

REGULAR RATE (starting Sept. 16, 2010)

Whole Program – Php 5,895 + VAT  /  Per Day – Php 2,695 + VAT

GROUP RATE (5 pax or more) RATE PER PAX

Whole Program – Php 4,695 + VAT  /  Per Day – Php 1,995 + VAT

(Inclusive of seminar kit, certificate and snacks)

No of Seminar Fee Discount Net Seminar

Pax per Pax Fee per Pax

______ Php_________ + VAT Php________ Php__________ + VAT

GRAND TOTAL Php _________

Name of Participants

1. __________________________ 6._____________________________

2.__________________________ 7._____________________________

3.__________________________ 8. _____________________________

4. _________________________ 9. _____________________________

5. _________________________ 10. ____________________________

Company Name__________________________________________________________

Address_________________________________________________________________

Tel Nos_______________________________Fax_________________________

AUTHORIZING OFFICER / CONTACT PERSON:

MR./MS. __________________________________

POSITION __________________________________

EMAIL __________________________________

CEL NO. __________________________________

SIGNATURE __________________________________

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Pls. fax at 470-1055 Leni

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Please call us for more information

Tel. 470-1055 / 54

Look for LENI

Or text / call 0905-3364486

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OTHER FORTHCOMING SEMINARS:

1. Sales and Marketing Pitfalls

September 29-30, 8:00am – 5:00pm . RCBC Plaza Makati City

2. All About VAT and Other Business Taxes

Sept. 29, 30 & Oct. 1, 2010 . 8:00am – 12:00pm . RCBC Plaza Makati City

IN-HOUSE SEMINARS:

1. Sales

2. Customer Service

3. Leadership

4. Teambuilding

Please call Leni at 470-1055

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THANK YOU!