Kalahati ng ire-remit na kita sa seller, dapat kaltasan ng 1% kung sobra sa P500K/taon — BIR | 24 Oras - video Dailymotion

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Transcript

00:00 Aside from registering in BIR,

00:03 the BUIS will automatically deduct

00:07 the income of those who do online selling.

00:10 Maris Umaling is on the case.

00:12 Aside from the salary of her husband,

00:18 Jasmine also does online selling

00:20 to add to the family's expenses.

00:22 And in a five-year business,

00:24 she earns more than half a million pesos

00:26 every year.

00:28 But it's also tiring,

00:30 difficult, and stressful.

00:31 Not everyone gets the sales

00:35 that we live.

00:36 Sometimes, there are people who are scammed.

00:39 Now, she will add to her worries

00:41 the order of the Bureau of Internal Revenue

00:43 to reduce the income of online selling.

00:46 Online selling platforms will deduct

00:48 one percent of their income

00:50 within a year.

00:52 Aside from increasing the government's collection,

00:54 this is also a way to stop online scams

00:57 and maybe a way to reduce all business.

01:00 You don't need to grow that much.

01:02 So, they will reduce it.

01:05 We can just spend it at home.

01:09 We can pay the tax.

01:12 There are only three chances

01:14 that you can be exempted from this regulation of BIR.

01:17 First, if the gross remittances

01:20 of an online seller or merchant

01:23 in the past taxable year

01:24 do not exceed P500,000.

01:27 Second, if the gross remittances

01:31 of an online seller or merchant

01:33 in the past taxable year

01:35 do not exceed P500,000.

01:37 Third, if the seller or merchant

01:41 is duly exempt or has a lower income tax rate

01:45 in accordance with the current law or agreement,

01:48 but he should show a certification

01:51 or document that will prove it.

01:53 To make this work for all online sellers,

01:57 they will need to register in BIR

02:00 before they can be accredited or allowed to sell

02:02 on online platforms.

02:03 For GMA Integrated News,

02:05 Maris Umali, for Tutok, 24 Hours.

02:08 (upbeat music)

02:11 (upbeat music)

02:14 [MUSIC PLAYING]

02:18 (upbeat music)

Kalahati ng ire-remit na kita sa seller, dapat kaltasan ng 1% kung sobra sa P500K/taon — BIR | 24 Oras

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