Mitigate the Complexities of Tax Compliance
Mitigate the Complexities of Tax Compliance
Are you overwhelmed in adhering to your tax obligations while receiving penalty notices from the Bureau of Internal Revenue? We’ve got your back. Microsoft Dynamics 365 Business Central with Philippine Withholding Tax Localization makes it easier for businesses in the Philippines to comply with the Bureau of Internal Revenue regulations.
BIR Withholding Tax Compliance Made Easier!
Tax compliance is a must! Preparing, filing and complying to government tax can be daunting at times especially with the different types of taxes you need to pay, numerous forms to fill-out and submit plus various filing dates you need to take note of particularly with Philippine Withholding Tax. In the Philippines, businesses belonging to the top corporation are required to withhold taxes. So, congratulations if you are listed in the Bureau of Internal Revenue as Top Withholding Agents. But sadly, that means more paperwork and compliance for you.
The Philippine Withholding Tax Localization app enables the calculation of the expanded withholding tax based on the different withholding tax rates as mandated by the Bureau of Internal Revenue in the Philippines. It also includes the generation of BIR Form 2307 Certificate of Creditable Tax Withheld at Source and BIR Form 2306 Certificate of Final Income Tax Withheld and the generation of the Alphalist of Payees which is compliant with the regulatory requirements.
Features and Benefits
Be tax compliant and avoid penalties
Reduce errors by automatic computation of withholding tax
Be always updated with the latest withholding tax rates
Shorten submission process by removing validation step in BIR online filing. Our app generates required .dat file in the format already pre-approved by BIR.
Improve productivity by easily generating the following mandated certificates and reports
• BIR Form 2307 (Certificate of Creditable Tax Withheld at Source)
• BIR Form 2306 (Certificate of Final Income Tax Withheld)
• Alphalist of Payees
Be tax compliant and avoid penalties
Reduce errors by automatic computation of withholding tax
Be always updated with the latest withholding tax rates
Shorten submission process by removing validation step in BIR online filing. Our app generates required .dat file in the format already pre-approved by BIR.
Improve productivity by easily generating the following mandated certificates and reports
• BIR Form 2307 (Certificate of Creditable Tax Withheld at Source)
• BIR Form 2306 (Certificate of Final Income Tax Withheld)
• Alphalist of Payees
Customers
