Good day,
How do I process rental tax invoices that include Withholding Tax on rent (in my case is 5%).
Assume the following;
Vat exclusive amount: P12, 862.08
Add Vat: P1,800.69
Less WHT on rent @ 5%: P643.10
Total including vat: P14, 019.67
Good day,
How do I process rental tax invoices that include Withholding Tax on rent (in my case is 5%).
Assume the following;
Vat exclusive amount: P12, 862.08
Add Vat: P1,800.69
Less WHT on rent @ 5%: P643.10
Total including vat: P14, 019.67
*Community Hub is the new name for Sage City