FILING AND PAYMENT OF INCOME TAX RETURN (ITR)

For individual taxpayers, corporations and other organizations should file or pay their Annual Income Tax Return for the Taxable/Calender Year ending December 31, 2010 through  Electronic Filing and Payment System (EFPS) and manual filing/payment to their respective revenue district office (RDO)  and authorized agent banks (AAB) applicable to them on or before April 15, 2011.

It is recommended for the taxpayers to file and pay their taxes on time regardless of their companies is no operation or has operation to avoid comprise penalties, interest & surcharges.

This is to inform also that today is the deadline of Quarterly Income Tax Return for Individual Taxpayers.

The finance and accounting department in the office has started filing and paying the tax dues through EFPS and Manual Filing/Payment of the different companies and its affiliates yesterday and today until 5:00 in the afternoon.

For individual and non-individual taxpayers should  file and pay the Income Tax Return (ITR) using the BIR form 1701 in triplicate copies (two copies for BIR or AAB and one copy for the taxpayer) together with the Summary Alphalist of W/holding Agents of Income Payments  Subjected to W/holding Tax (SAWT), if applicable and BIR for 1702 in triplicate copies together with SAWT and Audited Financial Statements which is filed in five copies (two copies for the BIR or AAB and three copies for taxpayer to be filed in Securities and Exchange Commission (SEC), respectively. The taxpayer could request additional copies in excess of the required attachments but should have paid a certification fee amounting to one hundred pesos for each copies.

Under the EFPS, the required attachments may be filed fifteen days after the submission of the ITR not later April 15, 2011.


THIS IS YOURS

In relation with my blog last April 2, 2011, I was inspired to make a  decision in which it might not be normal to other people.

After the blessings that He has given me on that night, I have been thinking and planning to humblygive my personal used PC notebook to our church which is needed in the ministry for His glory even though it is also necessary for me in my daily activities. I have shared this already to a few church mates and to our pastor requesting for a prayer regarding this matter.

Perhaps you and other person will ask me of what I am doing and what will I will be using after giving my used PC notebook? Are you a rich person? I am not a rich person just to give away my used PC notebook by I have the attitude in giving. Everyone of us can give whatever will be our status in life. God does not look the value or quantity of thing that will be given but He looks to the heart and attitude of a giver.

As a believer, I don’t believe in luck and chances but I do believe in God who supplies are needs in our daily lives. I believe and expect that He will return back more than I have given.

This DAY, with thanksgiving, I have formally decided to give my personal used PC notebook to our church effective May 01, 2011. A letter from me will be given to the church for formality. I just want to return back of what belongs to Him. This is Yours.