thanks for this topic.
well to start with, the problem here is the system on LTFRB / LTO. the main problem here is income declaration of taxi operators and also taxi drivers. honeslty po, kawawa mga drivers dito...
Ang dapat po, wala po sana boundary systems, it should be declared on Compensation and/or Commission System. Kaso ang problema naman dito is pano naman ang mga operators.
I know, medyo mahirap sa part nyo, lalo na po sa declaration ng income and also the declaration of expenses. at kahit po ako medyo nalilito ng konti
Taxi receipts is quite a bit a "NONO" for us. Kasi system itself may mali na. tapos my anomalya pa pagdating sa presyo ng taxi meter with Official Receipts, they intend to sell it for more / less 50-100k pero ang price nito is 10-20k lang. Im hoping nga na sana buhay pa ang nagbunyag ng anomalya na yan.
For you to continue with your business, i advice na, secure a OR then give it to taxi drivers for them to use. tapos po, kung sino lang ang gusto magpa OR, then un lang po ang bibigyan. then the total of your receipts used for the month is your monthly sales.
then for expenses, you have to declare repairs and maintenance, taxi registration expenses, insurance, and lastly contractual drivers the amount you give each a day per driver. but before you have to declare this, you mnust withhold 2% for contractual drivers, and declare it using EWT form 1601E. or you may use 10% for professional fee evidence with EWT form 1601E kasi po mga professional drivers yan.
if you chose contractual 2% x boundary payment x day
then if professional 10% x boundary payment x day.
hire an accountant for more explanation.
also po please note the should be of the gov't.
The BIR / LTFRB should create a taxi meter system same features like POS, Cash Register Machines (CRM), BIR wherein they can examine if the their sale will tally with what was declared.
Also, if they want to impose this, there must be a separate gov't body to examine all of our transportaion requirements considering the numbers of operators and drivers