How much is the percentage tax due

Assignment Help Financial Accounting
Reference no: EM133184016

Question - A self-employed non-VAT individual availed of the 8% optional tax which resulted to an income tax liability of P188,000.

How much is the percentage tax due should it have chosen the graduated rates and the year is 2021?

How much is the percentage tax due should it have chosen the graduated rates and the year is 2024?

Reference no: EM133184016

Questions Cloud

Definition for international terrorism : Describe your own definition for international terrorism making any modifications based on those discussions,
Explain the difference between diversity and inclusion : Explain the difference between diversity and inclusion. Explain the impact of diversity without inclusion. Finally, why is diversity important?
Explain the concept of currency risk : 1) Why is per-capita income NOT always the best indicator of an emerging market's potential? What does the concept of purchasing power parity (PPP) suggest?
Contrast domestic and international terrorism : Compare and contrast domestic and international terrorism. Explain why homegrown terrorism more challenging than preventing overseas terrorist attacks?
How much is the percentage tax due : A self-employed non-VAT individual availed of the 8% optional tax which resulted to an income tax liability of P188,000. How much is the percentage tax due
Importance of contractual relationship : Discuss the relevance and importance of a contractual relationship.
Public policy defense to contract enforceability : Discuss the public policy defense to contract enforceability. discuss what role public policy had in the contract.
Assignment on consumer subculture : In consumer culture, brands become more a source of identity. For instance, Jimmy Buffett fans, known as Parrot Heads, travel long distances and tailgate for ho
Determine amount of financial capital that phil young need : Determine the amount of financial capital that Phil Young will need during the six-months it will take to develop and test market the Pedal Pusher

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd