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Failure to submit form 2316 to employer

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walkingtall


Arresto Menor

Hello All,

What penalties may arise if I fail to submit my form 2316 back to my emloyer last April 2012? We were given 3 copies and I was supposed to return 1 copy to HR with signature and community tax certifate number indicated.

taxconsultantdavao


Reclusion Perpetua



ano pala ang sanction/penalty ng company sa u? pinadalhan ka ba ng letter na? me refundable ka ba sana sa form 2316 mo? or wala?

ano ba ang internal policy ng company niyo in case me employee kau na di makasubmit ng form 2316 sa HR niyo on time?

Dayja


Arresto Menor

Sir, meron rin po ako question regarding BIR 2316, nagresign ako last June 27, 2012, at nagstart ng new work July 2, 2012. After 6 months, nag end contract ako, nung pinakita sa akin ang computation ng BIR 2316 ko, meron pa ko babayaran or utang sa BIR na 27K. ang reason daw po, yung tax exemption ko hindi pede na twice ako babawasan, kaya ang new employer ko nagbase ng tax declaration sa previous company para maiwasan ang doble kaltas ng Tax exemption ko. kung titingnan po, bayad na ako sa obligasyion ko sa BIR sa previous employer ko, bakit kailangan don sila mag-base para sa tax declaration ko, lumabas tuloy na may utang pa ko. twice din po ako nagbigay ng BIR 2316 sa new company, befoe employment at last december(updated BIR 2316, upon receiving my back pay). Please help. pinagpipili nila ako ng 2 options, babayaran ko ang 27K or ide-declare nila na no previous employer declared ako, ang masaklap magiging tax evader pa ko.

taxconsultantdavao


Reclusion Perpetua


please give me the exact figures of the following:

1. basic pay- previous employer
2. monetary benefits - apart from the basic pay
3. with qualified dependents???? (child? how many? what age? gainfully employed? married?)


1. basic pay- present employer
2. monetary benefits
3. please give me the other components of your salary deduction:
a. gsis /sss premium
b. others


REGARDING SA COMMENT MO NA GANITO THAT GOES LIKE THIS:
"kung titingnan po, bayad na ako sa obligasyion ko sa BIR sa previous employer ko, bakit kailangan don sila mag-base para sa tax declaration ko, lumabas tuloy na may utang pa ko. "...


MEDYO MAY PROBLEMA TAU SA BELIEF MO. HINDI HO PER EMPLOYER ANG TAX PAYMENT.


ANNUALIZED HO ANG PAG COMPUTE SA INCOME TAX MO. GANITO ANG FORMULA.

1. TOTAL BASIC PAY (JAN TO JUNE)- PREVIOUS EMPLOYER
ADD: TOTAL BASIC PAY (JUNE TO DEC)- PRESENT EMPLOYER
ADD: OTHER BENEFITS IN EXCESS OF 30,000

LESS: NON-TAXABLE ITEMS

LESS: PERSONAL EXEMPTION (50,000 FOR SINGLE,MARRIED, HEAD OF THE FAMILY)
less: additional exemption (per qualified dependent)

TOTAL NET TAXABLE COMPENSATION

*** BASED ON THE SCHEDULAR INCOME TAX RATES, COMPUTE FOR THE TAX FOR THE TOTAL NET TAXABLE COMPENSATION


TOTAL TAX DUE:
LESS: TAX PAID OR WITHHELD -PREVIOUS EMPLOYER
LESS: TAX PAID OR WITHHELD- PRESENT EMPLOYER
INCOME TAX PAYABLE

HINDI HO PORKE NA NAKA DEDUCT NA ANG PREVIOUS EMPLOYER MO NG TAX SA SWELDO MO NOONG JAN TO JUNE, HINDI KA NA MAGBABAYAD NG TAX SA ANNUAL INCOME TAX FILING.

ANG WITHHOLDING INCOME TAX HO NA NAKA DEDUCT EVERY MONTH, ADVANCE TAX PAYMENT LANG HO IYAN. HINDI IYAN FINAL PAYMENT.

KAYA NGA ANG GINAGAWA NG EMPLOYER, BEFORE MAG NOVEMBER, ME REVIEW NA IYAN SA PAYROLL IF MAGKANO BA ANG KULANG MO PAGDATING NG DECEMBER. KASI ME READJUSTMENT IYAN SA WITHHOLDING TAX MO BY NOVEMBER AT DECEMBER. E KUNG BY CHANCE ME KULANG TALAGA KASI NGA SPECIAL ANG CASE MO KASI ME PREVIOUS EMPLOYER KA, WALA KA MAGAGAWA. MAG RECOMPUTE IYAN SILA BASED SA ANNUAL INCOME TAX MO, AT KUNG ME KULANG KA, ME KULANG KA. ANNUAL INCOME TAX MINUS INCOME TAX PREVIOUSLY PAID OR WITHHELD, IYAN ANG NATITIRANG TAX PAYABLE MO.

MALI IYONG ADVICE NILA. IKAW PA RIN ANG HAHABULIN NG BIR NIYAN. SOONER OR LATER, MAGKA PROBLEMA KA NIYAN. DEAL WITH THE PROBLEM HEAD ON. IDECLARE MO ANG TAMA NA ME PREVIOUS EMPLOYER KA.

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