Live Webinar: Value Added Tax: In and Out

Value Added Tax in the Philippines is one of the most complex tax types where most taxpayers are committing mistakes in application, either in the simple BIR returns preparations, computations, administrative compliance and/or substantiation thereby ending up with a tax exposure, unknowingly. It appears to be simple because you simply multiply gross sales or gross receipts, net of VAT, with 12% but there are many technicalities most taxpayers are not aware of. As a result, they are being assessed not only for additional VAT liability but sometimes because of a simple technicality.

Having this in mind, this seminar is conceptualized to explore the basic requirements and technicalities of existing VAT rules and regulations. Learn the ins and outs of value added tax (VAT) in the Philippines and avoid, if not eliminate unnecessary exposures. Educate for your business advantage.

Learning points:

Learn the nature and basic principles of the Philippine VAT system;
Learn VAT on sale of goods and properties, and services;
Learn the application of 12%, 0-rated sales, and exempt sales;
Learn the technicalities on BIR special rules on special issues (e.g. deemed sale, reimbursements, dealings with non-residents, etc.)
Learn how withholding VAT works and corresponding treatments and implications;
Learn proper invoicing requirements and avoid committing common errors;
Learn how to compute output VAT, and input VAT along with the special requirements and rules for input VAT;
Learn the preparation of VAT returns and related attachments (BIR Form No. 2550M/Q, summary lists, alphalists, and withholding tax certificates;
Learn how BIR makes an assessment on VAT, common assessment areas and defenses;
Develop an overview on VAT refund with the BIR and through judicial claims.

Webinar Schedule: January 27-28, 2025 (Tuesday-Wednesday) at 1:30pm to 3:30pm

Investment Cost: Php 3,920 Inclusive of VAT

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.

Click the link for the Online Reservation

Who should attends?
Highly recommended for Small & medium business owners, new entrepreneurs, accounting graduates, & interested others.

View Other Seminars

Seminar Schedules

Mar 11, 2026

Live Webinar 2025 ITR (1702 MX) Filing Reminders for PEZA-Registered Entities

Mar 12, 2026

Live Webinar: SEC Dividend Declarations

Mar 17 - Mar 18, 2026

Live Webinar 1 & 2: BIR Tax Compliance for VAT Entity

Mar 19 - Mar 20, 2026

Live Webinar: PEZA Registered Entities: Taxation and Basic Reports

Mar 24 - Mar 25, 2026

Live Webinar: Basic Bookkeeping for Non-Accountants

Mar 26 - Mar 27, 2026

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

Updates

SEC MEMORANDUM CIRCULAR NO. 9 – 2026 Filing of Annual Financial Statements and General Information Sheet

Revenue Regulations No. 029-2025

Revenue Regulations No. 28-2025

Revenue Regulations No. 27-2025 Amends Section 8 of Revenue Regulations No. 25-2003 on the Tax Treatment of Subsequent Sale, Transfer of Exchange of Tax-Exempt Automobile by a Tax-Exempt Person/Entity to a Non-Exempt Person/Entity

Revenue Regulations No. 26-2025 Amending the Transitory Provision of Revenue Regulations No. 11-2025 Extending the Compliance Period for Electronic Invoice Issuance by Covered Taxpayers

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.