Onsite Training: Basic Business Taxation Simplified

Learn how taxes greatly affect business success, how to save on taxes by faithful compliance, and comply by easily developing wide knowledge of various technical tax rules. Equip yourself with sufficient working knowledge of taxation as applied in business setting.

Day 1

Learn fundamentals of taxation

  • Basic concepts on importance of taxation

Learning basic BIR business & reportorial requirements

  • BIR annual registrations
  • Securing T.I.N. & Certificate of Registration
  • Sales Invoices / Official Receipts
  • Books of Accounts
  • Summary list of sales/purchases
  • Tax returns & filing dates (manual or EFPS)
  • Change of address
  • Transfer of shares & real properties

Withholding tax system and sample applications

  • Expanded withholding taxes
  • Withholding tax on compensation
  • Final withholding taxes

Learning business tax types [VAT & Other Percentage taxes (OPT)]

  • Concept of business taxes
    • When VAT, when OPT?
    • Tax benefits on initial registration (VAT vs. OPT)
    • VATable transactions, in general
    • VAT Zero-rated transactions & treatments
    • VAT application on sales to government
    • Common VAT-exempt transactions
    • OPT transactions by nature
    • Illustrative computations
    • Pricing implications of VAT

Learning Common documentary stamp tax (DST) applications and computations

Day 2

Learning Basic income taxation (individual & corporate)

  • What income is taxable and what income tax type is applicable?
  • Basic Individual income tax
  • Basic Corporate income tax
  • Allowable deductions
  • Income tax benefits & exempt entities (e.g. BMBE)
  • Illustrations on Income Tax Returns (ITR) Preparations

Learning How Tax Assessment Operate & Taxpayer’s Remedies

  • eLOA/TVN/TRS-TVN
  • Documentation, Sub poena duces tecum, & jeopardy assessment
  • Preliminary findings & informal conference
  • Preliminary Assessment Notice (PAN)
  • Final Assessment Notice (FAN)
  • Protest writing illustrations
  • Common errors resulting to penalties & assessments

Learning Tax Refunds & TCC

Learning Basic Local Government Taxes (CTC, RPT, & Business Taxes)

Schedule Date and Time: May 20-21, 2025 (Tuesday-Wednesday) Seminar workshop runs from 9:00 a.m.-5:00 p.m
Seminar Venue: Unit 1506 Cityland Herrera Tower V.A Rufino St. Cor. Ayala Avenue Makati City. We can also arrange for special group of at least five (5) participants at their own venue.
Package: Php 6,720 inclusive of VAT per participant – Handouts/Notes and pencils/Comprehensive illustrations/ Seminar-Workshop Certificate/ Lunch and snacks – a.m./p.m.. Please bring calculator.
Advocate Tutor: Certified public Accountant (CPA) who has gained much professional experience being in the practice of profession for almost 20 years formerly being with the Tax Division of a law office based in Makati for more than six (6) years as Assistant Tax Manager, and being with a firm as Tax Partner; being with the academe for sometime as a full time College Instructor at Asian Development Foundation College, Tacloban City for 3 years handling taxation and accounting subjects, part-time professor in the College of Accountancy – Polytechnic University of The Philippines, Taguig for about four (4) years handling basic accounting & taxation subjects, as basic accounting teacher at Mapua Institute of Technology – Makati Campus for about 2 years, and a lecturer at some universities in Metro Manila on taxation; and a frequent resource speaker on seminars related to accounting and taxation.
Reservation: At least P2,000 reservation fee to be deposited to BDO Account (Please contact us for account details) & balance on seminar day.
Online Reservation: https://forms.gle/wvbrSreffnpuKgDHA
Who should attends?
Highly recommended for Small & medium business owners, new entrepreneurs, accounting graduates, & interested others.
View Other Seminars
Seminar Schedules
Jun 10 - Jun 11, 2026

Live Webinar: Value Added Tax: In and Out
Jun 24 - Jun 25, 2026

Live Webinar 1 & 2: BIR Tax Compliance for VAT Entity
Jul 08 - Jul 09, 2026

Live Webinar: Withholding Taxes, Subjects & Applications
Jul 15, 2026

Live Webinar: Returns and Reports Preparation under eBIR Forms and Online Submissions
Jul 16 - Jul 17, 2026

Live Webinar: PEZA Registered Entities: Taxation and Basic Reports
Jul 16 - Jul 17, 2026

Live Webinar: Basic Bookkeeping for Non-Accountants
Jul 22 - Jul 23, 2026

Live Webinar on Ph Payroll Computations and Taxation
Jul 28 - Jul 29, 2026

Live Webinar: BIR Examination: Their Procedures and Our Defenses
Jul 30 - Jul 31, 2026

Live Webinar: Winning BIR Tax Assessments Series: Process, Remedies & Writing Effective Protest
Contact Us
Updates

Revenue Memorandum Circular No. 062- 2026

Revenue Memorandum Circular No. 060-2026

Revenue Memorandum Circular No. 059- 2026

Revenue Memorandum Circular No. 055-2026

Revenue Memorandum Circular No. 054-2026
Contact Our Consultants
Check our Youtube Channel

Search our website:

Contact Us

Tax and Accounting Center,. Inc.
3/F Torres-Olivia Building, Kalibo, Aklan

Phone :
(02) 5310-2239

Mobile :
Smart: 0939-916-2952
Globe: 0967-497-4989

Email : info@taxacctgcenter.ph

Government Links

Affiliate

G. Pagaspas Partners & Co. CPAs

Newsletter Sign Up

Get the latest updates and news direct to your mailbox!

© Tax and Accounting Center 2026. All Rights Reserved

error: Content is protected !!