Different Tax Percentages for Consultants
Consultants have a different tax percentage based on their line of work. You can assign a fixed tax percentage to a consultant according to their specific role. This tax percentage should be included when submitting a Change Request Form for tagging the employee as a consultant, along with the appropriate ATC Code (Alphanumeric Tax Code) How to Add ATC Code in Sprout Payroll (Synced Accounts)
Here are the different Tax Percentage for Consultant:
|
TAX TYPE
|
DESCRIPTION
|
TAX RATE
|
ATC
|
|
|
IND
|
CORP
|
|||
|
WE
|
Professional fees (Lawyers, CPA's, Engineers, etc.) |
|
|
|
|
|
- if the gross income for the current year did not exceed ₱ 3M |
5%
|
WI010
|
|
|
|
- if gross income is more than ₱ 3M or VAT registered regardless of amount |
10%
|
WI011
|
|
|
WE
|
Professional fees (Lawyers, CPA's, Engineers, etc.) |
|
|
|
|
|
- if gross income for the current year did not exceed ₱ 720,000.00 |
10%
|
|
WC010
|
|
|
- if gross income exceeds ₱ 720,000.00 |
15%
|
|
WC011
|
|
WE
|
Professional entertainer such as, but not limited to actors and actresses, singers, lyricist, composers, emcees |
|
|
|
|
|
- if the gross income for the current year did not exceed ₱ 3M |
5%
|
WI020
|
|
|
|
- if gross income is more than ₱ 3M or VAT registered regardless of amount |
10%
|
WI021
|
|
|
WE
|
Professional entertainer such as, but not limited to actors and actresses, singers, lyricist, composers, emcees |
|
|
|
|
|
- if gross income for the current year did not exceed ₱ 720,000.00 |
10%
|
|
WC020
|
|
|
- if gross income exceeds ₱ 720,000.00 |
15%
|
|
WC021
|
|
WE
|
Professional athletes including basketball players, pelotaris and jockeys |
|
|
|
|
|
- if the gross income for the current year did not exceed ₱ 3M |
5%
|
WI030
|
|
|
|
- if gross income is more than ₱ 3M or VAT registered regardless of amount |
10%
|
WI031
|
|
|
WE
|
Professional athletes including basketball players, pelotaris and jockeys |
|
|
|
|
|
- if gross income for the current year did not exceed ₱ 720,000.00 |
10%
|
|
WC030
|
|
|
- if gross income exceeds ₱ 720,000.00 |
15%
|
|
WC031
|
|
WE
|
All directors and producers involved in movies, stage, television and musical productions |
|
|
|
|
|
- if the gross income for the current year did not exceed ₱ 3M |
5%
|
WI040
|
|
|
|
- if gross income is more than ₱ 3M or VAT registered regardless of amount |
10%
|
WI041
|
|
|
WE
|
All directors and producers involved in movies, stage, television and musical productions |
|
|
|
|
|
- if gross income for the current year did not exceed ₱ 720,000.00 |
10%
|
|
WC040
|
|
|
- if gross income exceeds ₱ 720,000.00 |
15%
|
|
WC041
|
|
WE
|
Management and technical consultants |
|
|
|
|
|
- if the gross income for the current year did not exceed ₱ 3M |
5%
|
WI050
|
|
|
|
- if gross income is more than ₱ 3M or VAT registered regardless of amount |
10%
|
WI051
|
|
|
WE
|
Management and technical consultants |
|
|
|
|
|
- if gross income for the current year did not exceed ₱ 720,000.00 |
10%
|
|
WC050
|
|
|
- if gross income exceeds ₱ 720,000.00 |
15%
|
|
WC051
|
|
WE
|
Business and Bookkeeping agents and agencies |
|
|
|
|
|
- if the gross income for the current year did not exceed ₱ 3M |
5%
|
WI060
|
|
|
|
- if gross income is more than ₱ 3M or VAT registered regardless of amount |
10%
|
WI061
|
|
|
WE
|
Business and Bookkeeping agents and agencies |
|
|
|
|
|
- if gross income for the current year did not exceed ₱ 720,000.00 |
10%
|
|
WC060
|
|
|
- if gross income exceeds ₱ 720,000.00 |
15%
|
|
WC061
|
|
WE
|
Insurance agents and insurance adjusters |
|
|
|
|
|
- if the gross income for the current year did not exceed ₱ 3M |
5%
|
WI070
|
|
|
|
- if gross income is more than ₱ 3M or VAT registered regardless of amount |
10%
|
WI071
|
|
|
WE
|
Insurance agents and insurance adjusters |
|
|
|
|
|
- if gross income for the current year did not exceed ₱ 720,000.00 |
10%
|
|
WC070
|
|
|
- if gross income exceeds ₱ 720,000.00 |
15%
|
|
WC071
|
|
WE
|
Other Recipients of Talent Fees |
|
|
|
|
|
- if the gross income for the current year did not exceed ₱ 3M |
5%
|
WI080
|
|
|
|
- if gross income is more than ₱ 3M or VAT registered regardless of amount |
10%
|
WI081
|
|
|
WE
|
Other Recipients of Talent Fees |
|
|
|
|
|
- if gross income for the current year did not exceed ₱ 720,000.00 |
10%
|
|
WC080
|
|
|
- if gross income exceeds ₱ 720,000.00 |
15%
|
|
WC081
|
|
WE
|
Fees of Director who are not employees of the company |
|
|
|
|
|
- if the gross income for the current year did not exceed ₱ 3M |
5%
|
WI090
|
|
|
|
- if gross income is more than ₱ 3M or VAT registered regardless of amount |
10%
|
WI091
|
|
|
WE
|
Rentals on gross rental or lease for the continued use or possession of personal property in excess of ₱ 10,000.00 annually and real property used in business which the payor or obligor has not taken title or is not taking title, or in which has no equity; poles, satellites, transmission facilities and billboards |
5%
|
WI100
|
WC100
|
|
WE
|
Cinemathographic film rentals and other payments to resident individuals and corporate cinematographic film owners, lessors and distributors |
5%
|
WI110
|
WC110
|
|
WE
|
Income payments to certain contractors |
2%
|
WI120
|
WC120
|
|
WE
|
Income distribution to the beneficiaries of estate and trusts |
15%
|
WI130
|
|
|
WE
|
Gross Commission of service fees of customs, insurance, stock, immigration and commercial brokers, fees of agents of professional entertainers and real estate service practitioners (RESPs)(i.e. real estate consultants, real estate appraisers and real estate brokers |
|
|
|
|
|
- if the gross income for the current year did not exceed ₱ 3M |
5%
|
WI139
|
|
|
|
- if gross income is more than ₱ 3M or VAT registered regardless of amount |
10%
|
WI140
|
|
|
WE
|
Gross Commission of service fees of customs, insurance, stock, immigration and commercial brokers, fees of agents of professional entertainers and real estate service practitioners (RESPs)(i.e. real estate consultants, real estate appraisers and real estate brokers |
|
|
|
|
|
- if gross income for the current year did not exceed ₱ 720,000.00 |
10%
|
|
WC139
|
|
|
- if gross income exceeds ₱ 720,000.00 |
15%
|
|
WC140
|
|
WE
|
Professional fees paid to medical practitioners (includes doctors of medicine, doctors of veterinary science & dentist) by hospitals & clinics or paid directly by HMO and/or other similar establishments |
|
|
|
|
|
- if the gross income for the current year did not exceed ₱ 3M |
5%
|
WI151
|
|
|
|
- if gross income is more than ₱ 3M or VAT registered regardless of amount |
10%
|
WI150
|
|
|
WE
|
Professional fees paid to medical practitioners (includes doctors of medicine, doctors of veterinary science & dentist) by hospitals & clinics or paid directly by HMO and/or other similar establishments |
|
|
|
|
|
- if gross income for the current year did not exceed ₱ 720,000.00 |
10%
|
|
WC151
|
|
|
- if gross income exceeds ₱ 720,000.00 |
15%
|
|
WC150
|
|
WE
|
Payment by the General Professional Partnership (GPPs) to its partners |
|
|
|
|
|
- if gross income for the current year did not exceed ₱ 720,000.00 |
10%
|
WI152
|
|
|
|
- if gross income exceeds ₱ 720,000.00 |
15%
|
WI153
|
|
|
WE
|
Income payments made by credit card companies |
1% OF 1/2 of gross amount
|
WI156
|
WC156
|
|
WE
|
Additional Income Payments to govt personnel from importers, shipping and airline companies or their agents for overtime services |
15%
|
WI159
|
|
|
WE
|
Income Payment made by NGAs, LGU, & etc to its local/resident suppliers of goods other than those covered by other rates of withholding tax |
1%
|
WI640
|
WC640
|
|
WE
|
Income Payment made by NGAs, LGU, & etc to its local/resident suppliers of services other than those covered by other rates of withholding tax |
2%
|
WI157
|
WC157
|
|
WE
|
Income Payment made by top withholding agents to their local/resident suppliers of goods other than those covered by other rates of withholding tax |
1%
|
WI158
|
WC158
|
|
WE
|
Income Payment made by top withholding agents to their local/resident suppliers of services other than those covered by other rates of withholding tax |
2%
|
WI160
|
WC160
|
|
WE
|
Commissions, rebates, discounts and other similar considerations paid/granted to independent and/or exclusive sales representatives and marketing agents and sub-agents of companies, including multi-level marketing companies |
|
|
|
|
|
- if the gross income for the current year did not exceed ₱ 3M |
5%
|
WI515
|
|
|
|
- if the gross income is more than ₱ 3M or VAT registered regardless of amount |
10%
|
WI516
|
|
|
WE
|
Gross payments to embalmers by funeral parlors |
1%
|
WI530
|
|
|
WE
|
Payments made by pre-need companies to funeral parlors |
1%
|
WI535
|
WC535
|
|
WE
|
Tolling fees paid to refineries |
5%
|
WI540
|
WC540
|
|
WE
|
Income payments made to suppliers of agricultural supplier products in excess of cumulative amount of ₱ 300,000 within the same taxable year |
1%
|
WI610
|
WC610
|
|
WE
|
Income payments on purchases of minerals, mineral products and quarry resources, such as but not limited to silver, gold, granite, gravel, sand, boulders and other mineral products except purchases by Bangko Sentral ng Pilipinas |
5%
|
WI630
|
WC630
|
|
WE
|
Income payments on purchases of minerals, mineral products and quarry resources by Bangko Sentral ng Pilipinas ((BSP) from gold miners/suppliers under PD 1899, as amended by RA No. 7076 |
1%
|
WI632
|
WC632
|
|
WE
|
On gross amount of refund given by MERALCO to customers with active contracts as classified by MERALCO |
15%
|
WI650
|
WC650
|
|
WE
|
On gross amount of refund given by MERALCO to customers with terminated contracts as classified by MERALCO |
15%
|
WI651
|
WC651
|
|
WE
|
On gross amount of interest on the refund of meter deposits whether paid directly to the customers or applied against customer's billings of Residential and General Service customers whose monthly electricity consumption exceeds 200 kwh as classified by MERALCO |
10%
|
WI660
|
WC660
|
|
WE
|
On gross amount of interest on the refund of meter deposits whether paid directly to the customers or applied against customer's billings of Non-Residential customers whose monthly electricity consumption exceeds 200 kwh as classified by MERALCO |
15%
|
WI661
|
WC661
|
|
WE
|
On gross amount of interest on the refund of meter deposits whether paid directly to the customers or applied against customer's billings of Residential and General Service customers whose monthly electricity consumption exceeds 200 kwh as classified by other by other electric Distribution Utilities (DU) |
10%
|
WI662
|
WC662
|
|
WE
|
On gross amount of interest on the refund of meter deposits whether paid directly to the customers or applied against customer's billings of Non-Residential customers whose monthly electricity consumption exceeds 200 kwh as classified by other electric Distribution Utilities (DU) |
15%
|
WI663
|
WC663
|
|
WE
|
Income payments made by political parties and candidates of local and national elections on all their purchases of goods and services related to campaign expenditures, and income payments made by individuals or juridical persons for their purchases of goods and services intended to be given as campaign contribution to political parties and candidates |
5%
|
WI680
|
WC680
|
|
WE
|
Income payments received by Real Estate Investment Trust (REIT) |
1%
|
|
WC690
|
|
WE
|
Interest income denied from any other debt instruments not within the coverage of deposit substitutes and Revenue Regulations 14-2012 |
15%
|
WI710
|
WC710
|
|
WE
|
Income payments on locally produced raw sugar |
1%
|
WI720
|
WC720
|
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