Due Days
Date Particulars Withheld
Date Delayed
BAC honoraria for July-Sept.
11/05/20 ₱ 27,453.08 12/15/20 1805
2020
BAC honorarium for Oct. -Dec.
02/24/21 27,453.08 03/15/21 1355
2020
Payment of Economic Welfare
01/06/23 3,810.75 02/15/23 656
Assistance
Payment of Economic Welfare
01/09/23 1,405.00 02/15/23 656
Assistance
Payment of Economic Welfare
01/10/23 1,081.25 02/15/23 656
Assistance
BAC honoraria for Dec.-Jan.
07/30/24 39,504.18 08/15/24 107
2024
Total ₱100,707.34
19.9 The delays in remitting taxes on compensation withheld pertain, among others,
to overtime pay and honoraria, which are not included in the Personnel
Management Information System (PMIS). As a result, these could not be
included in the remittance before the due date. Additionally, since the
remittances were based on the PMIS and the Statement of Deduction, in the case
of hospital accounts, rather than the subsidiary ledgers, some remittances were
made but had not yet been recorded or accrued in the books of accounts. For
instance, the following remittances for “Due to BIR - Hospital Accounts”
(20201010-11-H):
Date Days
Amount
Month Withheld Remitted in
Remitted Due Remitted
Advance
February 968,514.77 03/15/24 01/31/24 43
March 988,152.68 04/15/24 02/29/24 46
April 4,368.31 05/15/24 02/29/24 76
968,623.41 05/15/24 03/26/24 50
May 922,252.50 06/15/24 04/30/24 46
June 886,492.13 07/15/24 05/30/24 46
July 41,972.34 08/15/24 04/20/24 117
159,616.51 08/15/24 06/28/24 48
August 30,476.54 09/15/24 07/30/24 57
September 20,000.00 10/15/24 07/30/24 77
861,383.68 10/15/24 08/29/24 47
Taxes withheld from payment of purchases
19.10 Item B.4 of the RMC also specifies the remittance period for taxes withheld
under the Expanded Withholding Tax. These taxes must be remitted on the 15th
day of the following month for amounts withheld from January to November
and on the 20th day of January for taxes withheld in December. For Value Added
Tax (VAT), the remittance is due on the 10th day of the following month.
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