Complete Tax Toolkit


Tax Reform for Acceleration and Inclusion

The Tax Reform for Acceleration and Inclusion (TRAIN) is the first package of the comprehensive tax reform program (CTRP) envisioned by President’s administration, which seeks to to correct a number of deficiencies in the tax system to make it simpler, fairer, and more efficient.


  • Sarah S. Songalia

    Sarah S. Songalia

    Sarah Saavedra-Songalia is the Managing Director of Saavedra Songalia & Associates.
    Sarah started her professional career early during her college days at University of the Philippines Tacloban Campus, working part time for the Commission on Audit (COA) and the Social Security System. After obtaining her CPA, she formally ventured into the world of accounting with Sycip, Gorres and Velayo (SGV), the country’s premier accounting firm. She worked with the Audit, Consulting and Outsourcing departments, which kicked off her progressive career in the industry.
    Currently, Sarah continues to do consulting work for companies seeking providing alternative finance and accounting solutions.

Course Outline

Part I.  Complete Tax Toolkit

  1. Withholding Taxes on Compensation
  2. Local Business Taxes
  3. Final Withholding Taxes
  4. Fringe Benefit Taxes
  5. Penalties (and more importantly, how to avoid them)
  6. What to do when issued a Letter of Authority LOA
  7. Tax Reduction

Part II.  Tax Preparers Program Workshop

  1. Tax Calendar
    • Tax Dates
    • Workshop 1:Determining the Applicable Tax Dates that Applies to your Organization/Business
  2. BIR Forms
    • Different Kinds and its Individual Importance
    • Individual Workshop: Determining the Applicable BIR Forms that Applies to your Organization/Business
    • Individual Workshop: Accomplishing the Applicable BIR Forms that Applies to your Organization/Business
  3. Ways of Tax Returns Filing and Payment
    • Manual Filing
    • Electronic Filing and Payment

Part III. Tax Reform for Acceleration and Inclusion Act (TRAIN)

  1. Simplifying Individuals Income Tax Rate
    • Scope and benefit
    • Relevant Rates and Tax Base
    • Personal and Additional Exemption
  2. Applicable Personal Income Tax
    • Compensation Income Earners
    • Self-Employed and Professionals
  3. Estate and Donor’s Tax
  4. The PIT under TRAIN Explained
  5. Expansion of Tax Base of VAT
  6. Excise Tax on:
    • Petroleum
    • Automobiles
    • Imported Coals
    • Sugar Sweetened Beverages
  7. Social Benefit under TRAIN
Day 1:
8:00-8:10Opening Prayer
Introduction: Sarah Songalia, CPA, RFC
8:11-9:00Discussion: Complete Tax Toolkit
9:01-9:15AM Snack
9:16-12:00Resume Discussion: Complete Tax Toolkit
1:01-3:00Discussion: Complete Tax Toolkit
3:00-3:15PM Snack
3:16-5:00Discussion: Complete Tax Toolkit
5:01-5:15Closing and Awarding of Certificate of Appreciation
Day 2:
8:00-8:10Introduction: First Speaker (Tentative)
Opening Prayer
8:11-9:00Discussion: TRAIN
9:01-9:15AM Snack
9:16-12:00Resume Discussion: TRAIN
1:01-2:45Resume Discussion:TRAIN
2:45-3:00Closing and Awarding of Certificate of Appreciation
3:00-3:15PM Break
3:16-3:20Introduction: 2nd Speaker
3:21-5:00Discussion: VAT
5:00-5:15Closing and Awarding of Certificate of Appreciation

Schedule: March 8 and 9, 2018
Venue: RCBC-Caseroom (Theater Set-up)

Registration Fee:

Php 14,500

Php 5,000

AM/PM Snacks, Lunch, and Certificate of Attendance