BIR Forms (info)
Already available...Form 2550M
Form 2550Q
Form 1601-E
Form 1900... coming soon!
Coming very soon... 0605, 1601C, 1601F, 1603, 1604CF, 1604E, 1702, 1702Q, 2000, 2551M, 2551Q
Now, completing your tax returns is like a walk in the park! For example, let's take the common 2550M (Monthly VAT Return Form) and see what is involved in completing it...
- Open the 2550M form page. Note that if you have already created a free login account and are logged in, much of the form will already have been completed for you to save you typing.
- Enter your sales receipts for the last month (Excl VAT)
- Enter any Output tax allowed to be carried over from the last month.
- Enter your input tax from the last month.
Press 'Create Form' and the job's done! It really is that simple. The javascript on the form will take care of all calculations, making it virtually impossible to make an error. The shaded fields are automatically created for you and you can see them alter, in realtime as you enter your sales and input tax. The form will also calculate how much tax you should carry over to the next month and complete all totals.
When you are happy with the data, you click the 'Create Form' button, which will transfer the details you completed into a .pdf version of the form which looks almost identical to BIR's. You can then save it to your hard disk, or you can print it out.
If you have registered for your free account, the forms you create can be saved online in your account in case you ever need to refer to them or you need to ammend them.