Are you aware of the latest withholding
tax updates and regulations? Staying ahead
of the curve is crucial in today’s
ever-changing tax landscape.

In this comprehensive masterclass,
we’ll guide you through the intricacies
of withholding taxes and provide you
with the knowledge you need
to navigate complex financial transactions with confidence.

Whether you’re a seasoned professional or just starting out,
this masterclass is designed to help you optimize your withholding tax strategy,
avoid costly penalties, and achieve greater financial clarity.

 

All About Withholding Taxes

September 3, 2024
9:00am – 12:00nn

 

ONLINE MASTERCLASS VIA

 

This masterclass will provide you with a thorough understanding of withholding taxes, including the obligations of a withholding agent, expanded withholding tax, final withholding tax, and more. You’ll learn how to comply with government requirements, avoid costly penalties, and achieve greater financial clarity. The program will cover the fundamentals of withholding taxes, including the rules and regulations surrounding withholding taxes, and provide practical tips and strategies for compliance.

 

• Develop a comprehensive understanding of the basics of withholding taxes, including the importance of accurate calculations and timely payments.
• Learn about the obligations of a withholding agent, including their responsibilities and liabilities.
• Identify situations where expanded or final withholding tax applies, and understand how to calculate these taxes accurately.
• Comprehend the withholding tax table and learn how to use it effectively for accurate calculations.
• Recognize the top withholding agents and their roles in compliance with government requirements.
• Understand income payments made by the government and their implications for withholding taxes.
• Know how to file and pay withholding taxes accurately, avoiding costly penalties and interest.
• Identify exemptions from withholding tax and understand the penalties for non-withholding of taxes.
• Develop strategies for minimizing liability and optimizing your withholding tax strategy.

 

• A thorough understanding of withholding taxes and their importance in compliance with government requirements
• Knowledge of the obligations of a withholding agent and their responsibilities
• Ability to identify situations where expanded or final withholding tax applies
• Understanding of how to use the withholding tax table accurately
• Familiarity with top withholding agents and their roles
• Strategies for minimizing liability and optimizing your withholding tax strategy
• The importance of accurate calculations and timely payments in avoiding costly penalties
• The consequences of late or incorrect filing/paying of withholding taxes
• The penalties for non-withholding of taxes

 

Module 1: Introduction to Withholding Taxes

• Basics of Withholding Taxes
• The Importance of Withholding Taxes in Compliance with Government Requirements
• The Role of Withholding Taxes in Financial Planning

Module 2: Obligations of a Withholding Agent

• Definition and Responsibilities of a Withholding Agent
• Obligations in Complying with Government Requirements
• Reporting Requirements for Withholding Agents

Module 3: Expanded Withholding Tax

• What is Expanded Withholding Tax?
• Situations Where Expanded Withholding Tax Applies
• Calculating Expanded Withholding Tax: Step-by-Step Guide

Module 4: Final Withholding Tax

• What is Final Withholding Tax?
• Situations Where Final Withholding Tax Applies
• Calculating Final Withholding Tax: Step-by-Step Guide

Module 5: Withholding Tax Calculations

• The Basics of Withholding Tax Calculations
• Calculating Withholding Tax: Step-by-Step Guide
• Tips for Accurate Calculations

Module 6: Filing and Paying Withholding Taxes

• The Process of Filing and Paying Withholding Taxes
• Due Dates for Filing and Paying Withholding Taxes
• Consequences for Late or Inaccurate Filing/Payment

Module 7: Penalties for Non-Compliance

• The Consequences of Non-Compliance with Withholding Tax Requirements
• The Impact on Financial Planning and Budgeting
• Tips for Avoiding Penalties

Module 8: Compliance Strategies

• Tips for Accurate Calculations and Reporting
• Straightforward Communication with Employees
• Timely Payment and Filing Strategies

Module 9: Common Scenarios in Withholding Taxes

• Employee Leavers and New Hires
• Overtime Pay and Bonuses
• Other Common Scenarios that Affect Withholding Taxes

Module 10: Review and Wrap-Up

• Review of Key Concepts
• Common Questions Answered
• Final Tips for Effective Withholding Tax Compliance

 

Atty. Arnold A. Apdua, CPA
Former B.I.R. Insider
Managing Partner of AAA and Co.

Click here for his profile.

 

ONLINE MASTERCLASS

EARLY ACCESS PROMO
Jumpstart Special – Php. 1,199 + VAT per pax
(paid on or before August 19)

Early Bird Rate – Php. 1,399 + VAT per pax
(paid on or before August 27)

GROUP PROMO
Group Rate – Php. 1,299 + VAT per pax
(for 5 – 14 pax)

Super Group Rate – Php. 1,099 + VAT per pax
(for 15 or more pax)

SPECIAL PROMO
Birthday Promo – Free Seat if you register within birthday month
with at least 2 paid pax @ Php. 1,699 + VAT per pax
(Must present proof of date of birth)

Join Now Pay Later Promo – Php1,899 + VAT per pax
(Pay after 30 days from the date of the masterclass)

Student Rate – Php. 850 + VAT per pax
(Must present a valid High School or College student ID)

REGULAR RATE
Php. 1,699 + VAT per pax
(starting August 17)

 

Inclusive of the Masterclass Session, the presentation materials and the Digital Certificate.

 

Looking for customized in-house training in HR, Labor Law, Taxation, Accounting, Supply Chain Management, Soft Skills, or similar areas?

Click here for more information.

 

 

 

IMPORTANT REMINDERS

REGISTRATION.
You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

 

CHECK OUT.
When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

 

BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS.
On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

 

PAYMENT
POWERMAX provides three (3) payment options:
(1) Bank Deposit/Online Bank Transfer
(2) G-Cash
(3) PayPal/Credit or Debit Card Through PayPal 

 

Bank Deposit or Online Bank Transfer / G-Cash
If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

 

IMPORTANT:
Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

 

Payment Through PayPal
If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

 

Masterclass access links.
Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead. 

 

Terms and Conditions.
By registering you agree to our Terms and Conditions and acknowledge our Privacy Policy.

 

Thank you and enjoy!

Keep safe and God Bless!