PH BIR Form 2307 2018-2026 free printable template

Republic of the Philippines Department of Finance Bureau of Internal Revenue For BIR BCS/ Use Only Item BIR Form No. Certificate of Creditable Tax Withheld at Source January 2018 ENCS 2307 01/18ENCS Fill in all applicable spaces. Mark all appropriate boxes with an X. For the Period From MM/DD/YYYY To Part I Payee Information 2 Taxpayer Identification Number TIN - 3 Payee s Name Last Name First Name Middle Name for Individual OR Registered Name for Non-Individual 4 Registered Address 4A ZIP...

How to fill out 2307 form excel

How to fill out PH BIR Form 2307

1. Obtain PH BIR Form 2307 from the BIR website or your local BIR office.
2. Fill out the 'Taxpayer Identification Number (TIN)' section with your valid TIN.
3. Enter the 'Name of Taxpayer' and 'Address' as stated in your registration.
4. Specify the 'Date of Transaction' the payment was made.
5. Indicate the 'Amount of Income Payment' received.
6. Complete the 'Name of Withholding Agent' and their 'TIN'.
7. State the 'Total Amount Withheld' as reflected on the certificate.
8. Add the appropriate 'Taxable Amount' and any other relevant information.
9. Sign and date the form to confirm its authenticity.
10. Keep a copy for your records before submitting it.

Who needs PH BIR Form 2307?

1. Any taxpayer who receives income subject to withholding tax.
2. Businesses making payments to suppliers or contractors.
3. Individuals engaged in freelance work or consultancy.
4. Withholding agents mandated to issue this form as proof of taxes withheld.

• Who needs BIR Form No. 2307?
• What is BIR Form No. 2307 Used for?
• Is BIR Form No. 2307 Accompanied by Other Forms?
• When is BIR Form No. 2307 due?
• • What Information Should be Provided in BIR Form No. 2307?

Who needs BIR Form No. 2307?

A BIR Form No. 2307 is an essential document for both employees doing freelance jobs on the side and employers who accept project-based or freelance employees and freelancers.

What is BIR Form No. 2307 Used for?

BIR Form No. 2307 is also called a Certificate of Creditable Tax Withheld At Source. This Form is an obligation of the mayor and/or employer — withholding tax agent to the payee.

Is BIR Form No. 2307 Accompanied by Other Forms?

This form must be filed together with the Quarterly/Annual Income Tax Return —?? BIR Forms 1701Q / 1701 for individuals, or BIR Form 1702Q/ 1702 for non-individuals.

For Percentage Taxes on Government Money Payments this Certificate has to be attached to the Quarterly Percentage Tax return (BIR Form No. 2551M and 2551Q).

For VAT Withholding — This Certificate is to be attached to the Monthly VAT Declaration (BIR Form No. 2550M) and Quarterly VAT Return (BIR Form No. 2550Q).

When is BIR Form No. 2307 due?

For Expanded Withholding Tax must be filed on or before the 20th day of the month following the close of the taxable quarter.

For both Percentage Tax On Government Money Payments and VAT Withholding the Form has to be issued on or before the 10th day of the month following the month in which withholding was made.

What Information Should be Provided in BIR Form No. 2307?

The taxpayer has to indicate the following information:

• Taxable (accounting) period 
• Payee information including Name, Address, Taxpayer Identification Number 
• Mayor information including Name, Address, Taxpayer Identification Number 
• Income Payments Subject to Expanded Withholding Taxpayer
• Money Payments Subject to Withholding of Business Tax (Government & Private)

Where do I send BIR Form No. 2307?

This shall be filed while sending the income tax return form with an Authorized Agent Bank located within the territorial jurisdiction of the Revenue District Office where the taxpayer is required to register or where the taxpayer has his legal residence or place of business in the Philippines.

If there are no Authorized Agent Banks where the taxpayer is registered, Form should be filed either with the Revenue District Office or Municipal Treasurer of the Revenue District Office where the taxpayer is required to register or where the taxpayer has his legal residence or place of business in the Philippines.

If the taxpayer has neither legal residence nor place of business in the Philippines, a BIR Form No. 2307 should be filed with the Office of the Commissioner or Revenue District No. 39.

What is bir form 2307?

Form 2307 a.k.a Certificate of Creditable Tax Withheld at Source is a certificate to be accomplished and issued to recipients of income subject to expanded withholding tax paid by a Payor/Withholding Agent. Issuance of BIR 2307 form is an obligation of the payor - withholding tax agent to the payee.

People Also Ask about bir form 2307 download editable

What is BIR Form 1701Q?

BIR Form 1701Q, also known as Quarterly Income Tax Return For Self-Employed Individuals, Estates and Trusts (Including those with both Business and Compensation Income) is a tax return intended for professionals and self-employed individuals who are engaged in a sole proprietorship business.

Who uses BIR 2307?

Who needs to file BIR Form 2307? Most of the time, self-employed freelancers or part-time freelancers are the people who need to file the form. However, even a business owner could be an issuer or recipient of this form.

How to download BIR Form 2307?

How to Generate BIR Form 2307 | Form 2306 Click the excel icon to choose the excel template to be used. Click BIR Form 2307 to download the template. Open the template and take time to analyze the sample data. Again, DO NOT edit Row1 and DO NOT work directly in the template.

What means withholding tax?

For employees, withholding is the amount of federal income tax withheld from your paycheck. The amount of income tax your employer withholds from your regular pay depends on two things: The amount you earn. The information you give your employer on Form W–4.

What is BIR Form 2307 Philippines?

BIR Forms FORM NO.FORM TITLE2307Certificate of Creditable Tax Withheld At Source2316Certificate of Compensation Payment/Tax Withheld For Compensation Payment With or Without Tax Withheld2550MMonthly Value-Added Tax Declaration2550QQuarterly Value-Added Tax Return57 more rows

What is BIR Form 2307 functions?

The BIR Form 2307 is often referred to as the Certificate of Creditable Tax Withheld At Source. What does it mean? It means that this form is used to present the income of an individual or business entity that is subject to Expanded Withholding Tax (EWT) paid by the withholding agent.

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What is PH BIR Form 2307?

PH BIR Form 2307, also known as the Certificate of Creditable Tax Withheld at Source, is a tax document used in the Philippines to certify the amount of income tax that has been withheld from payments made to a taxpayer.

Who is required to file PH BIR Form 2307?

Taxpayers who receive payments subject to withholding tax, such as income from professional services or commissions, are required to file PH BIR Form 2307.

How to fill out PH BIR Form 2307?

To fill out PH BIR Form 2307, the taxpayer must provide information such as their taxpayer identification number (TIN), the name of the payor, the amount paid, the withholding tax deducted, and the relevant tax period.

What is the purpose of PH BIR Form 2307?

The purpose of PH BIR Form 2307 is to serve as proof of tax withheld by the payor, allowing the taxpayer to claim a tax credit against their income tax liability when filing their income tax return.

What information must be reported on PH BIR Form 2307?

PH BIR Form 2307 must report the taxpayer's TIN, the name and address of the withholding agent, the amount paid, the amount of withholding tax collected, and the tax period covered.