Bir Form 440 Emo PDF Details

In this blog post we will be discussing what the Bir Form is, and how to fill it out. The Bir form is an important document that all businesses in the Philippines are required to file annually. We will go over each section of the form, and provide instructions on how to correctly complete it. Keep in mind that while this post provides general information, each business may have specific requirements that must be followed. For more specific details, please contact your local government office.

QuestionAnswer
Form NameBir Form 440 Emo
Form Length5 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min 15 sec
Other namescorporation tax trinidad forms, income tax forms, income tax return form 440 emo for 2013 for trinidad and tobago, 2014 tax return forms trinidad

Form Preview Example

GOVERNMENT OF THE REPUBLIC OF TRINIDAD AND TOBAGO

Ministry of Finance and the Economy, Inland Revenue Division

INDIVIDUAL INCOME TAX RETURN FOR 2014

EMOULMENT INCOME ONLY

Approved by the Board of Inland Revenue under Section 76 of the Income Tax Act, Chap. 75:01 and the Finance Act, No. 14 of 1987.

*V1-14440EMOP01*

V1-14440EMOP01

PLEASE PRINT IN BLOCK LETTERS

USE BLACK INK ONLY

REGISTRATION INFORMATION CHANGE

NAME CHANGE

ADDRESS CHANGE

IDENTIFICATION SECTION

2014

FORM 440 EMO

LAST NAME

 

FIRST NAME

MIDDLE NAME

 

 

 

 

 

 

 

PRESENT ADDRESS (STREET NO. AND NAME)

 

 

 

 

 

 

 

 

 

 

 

CITY OR TOWN

 

COUNTRY

 

 

 

 

 

 

 

MAILING ADDRESS IF DIFFERENT FROM ABOVE (STREET NO. AND NAME)

 

 

 

 

 

 

 

CITY OR TOWN

 

COUNTRY

 

 

 

 

 

 

OCCUPATION OR PROFESSION

 

 

 

 

 

 

 

 

 

 

EMAIL ADDRESS

 

 

 

TELEPHONE/MOBILE CONTACT #

 

 

 

 

 

 

BIR File No.

Spouse's BIR File No.

Date of Birth (DD MM YYYY)

National Identification No.

Driver's Permit No.

PIN No. (Electronic Birth Certificate No.)

Please tick the appropriate box

 

 

 

 

Resident

 

Male

 

 

 

 

 

 

 

 

Female

 

 

Non-Resident

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TAX COMPUTATION SECTION

INCOME

 

To Nearest Dollar, Omit Cents/Commas

1

Income from Employment (Government and Non-Government) as per TD4 enclosed

1

 

 

 

 

 

2

Retirement Severance Benefit - See Instructions 13

2

 

 

 

 

 

3

Pensions from sources within/outside T&T

3

 

 

 

 

 

4

TOTAL EMOLUMENT INCOME (SUM OF LINES 1 TO 3)

4

 

 

 

 

 

5

Less Travelling Expenses - See Instruction 12

5

 

 

 

 

 

6

NET EMPLOYMENT INCOME (LINE 4 MINUS LINE 5)

6

 

 

 

 

 

7

Gross Amount Received on Cancellation of Approved Deferred Annunity/Pension Plan - See Instruction 15

7

 

 

 

 

 

 

 

 

8

Employer's Contribution to Approved Deferred Annunity/Pension Plan (Taxable Benefit) Complete Schedule A

8

 

 

 

 

 

9

TOTAL INCOME (SUM of LINES 6 to 8)

9

 

 

 

 

 

DEDUCTIONS

10Tertiary Education Expenses (limited to $60,000 per household) See Instruction 21

11First-Time Acquisition of House in respect of Owner Occupied Property (Limited to $18,000) See Instruction 22

12Covenanted Donations (Limited to 15 % of Line 9) - See Instruction 23

13TOTAL NET INCOME (LINE 9 MINUS SUM OF LINES 10 -12)

14Deduct Personal Allowance - $60,000 - See Instruction 24

15ASSESSABLE INCOME (LINE 13 MINUS LINE 14)

16Approved Pension Plan/Scheme/Deferred Annuity Plan - See Instruction 25

17Contributions to Widows' and Orphans' Fund - See Instruction 25

18National Insurance Payments - 70% Allowable - See Instruction 25

19SUM OF LINES 16 TO 18 (LIMITED TO $30,000)

10

11

12

13

14

15

16

17

18

19

Visit our website at www.ird.gov.tt

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*V1-14440EMOP02*

V1-14440EMOP02

 

 

 

B IR NO.

DEDUCTIONS CONT'D

 

2014

FORM 440 EMO

 

 

20

Employer's NIS Contributions paid for domestic workers - See Instruction 25

20

 

 

 

 

 

 

 

 

 

21

Alimony/Maintenance Payment [(Page 3, Schedule B) See Instruction 17 (Please complete Schedule B)]

21

 

 

 

 

 

 

 

 

 

22

TOTAL DEDUCTIONS (ADD LINES 19 TO 21)

22

 

 

 

 

 

 

 

 

 

23

CHARGEABLE INCOME (LINE 15 MINUS LINE 22)

23

 

 

 

 

 

 

 

 

24

TAX ON CHARGEABLE INCOME (25% OF LINE 23)

24

 

 

 

 

 

 

 

 

25

Total Tax Credits and Double Taxation Relief [(See Instructions 18 & 20) (Please complete Schedule C)]

25

 

 

 

 

TOTAL TAX CREDIT AMOUNT LIMITED TO LINE 24

 

 

 

 

 

 

 

 

26

Income Tax Liability (Line 24 minus Line 25)

26

 

 

 

 

 

 

 

 

PREPAYMENTS

 

 

 

 

 

 

 

 

 

27

Tax Deductions Re: Cancellation of Approved Deferred Annuity/Pension Plan

27

 

 

 

 

 

 

 

 

28

INCOME TAX DEDUCTED (PAYE) PER T.D. 4 CERTIFICATE/S ENCLOSED

28

 

 

 

 

 

 

 

 

29

TOTAL PREPAYMENTS (LINES 27 TO 28)

29

 

 

 

 

 

 

 

 

30

If Line 26 is Greater than Line 29 - Enter Difference - Balance Payable

30

 

 

 

 

 

 

 

 

 

31

If Line 26 is Less than Line 29 - Enter Difference - Refund

31

 

 

 

 

 

 

 

HEALTH SURCHARGE COMPUTATION

 

 

 

 

 

 

 

 

 

Rate per week

 

No. of weeks

 

 

Liability

32

 

 

 

 

 

 

 

 

 

(3)

 

 

 

 

 

 

 

 

 

(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a)

Income more than $469.99 per month or $109.00 per week

 

 

 

$

 

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8.25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(b)

Income equal to or less than

$469.99

per month

or

 

 

 

$

 

 

 

 

$

 

 

 

 

 

 

 

4.80

 

 

 

 

 

 

 

 

 

$109.00 per week

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(c)

Total Liability [Col. 3(a) + 3(b)]

...

...

...

...

...

...

...

...

 

$

 

 

 

 

 

 

 

 

 

(d)

Health Surcharge Deducted per T.D.4 Certificate/s attached

...

...

...

...

...

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(e)

If Line (c) is greater than Line (d) - Balance of Health Surchage payable

...

...

...

...

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(f)

If Line (c) is less than Line (d) - Overpayment ...

...

...

...

...

...

...

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

GENERAL DECLARATION

IT IS AN OFFENCE PUNISHABLE BY FINE OR IMPRISONMENT TO MAKE A FALSE RETURN

PLEASE SIGN GENERAL DECLARATION

I, .......................................................................................declare that in all statements contained herein and

in any statement of accounts sent herewith I have to the best of my judgement and belief, given a full and true

Return, and, particulars of the whole of the Income from every source whatsoever required

to be returned under the

provisions of the Income Tax Act, Chapter 75:01 and the Finance Act, No. 14 of 1987.

 

Given under my hand this

day of

2015.

.......................................................................

Signature of Taxpayer, or Authorized Agent

FOR OFFICIAL USE ONLY

Place Date Received Stamp Here

Page 2

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*V1-14440EMOP03* V1-14440EMOP03

B IR NO.

2014

FORM 440 EMO

SCHEDULE A

EMPLOYER'S CONTRIBUTION TO APPROVED FUND OR CONTRACT [Section 134(6) OF THE INCOME TAX ACT]

(See Instruction No. 16)

COMPUTATION TO DETERMINE WHETHER BENEFIT IS TAXABLE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

To Nearest Dollar, Omit Cents/Commas

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

Total Emolument Income at Page 1, Line 4 $

 

plus Line 7

$

 

 

 

...

...

 

...

...

...

 

 

 

........................

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2

Employer's Contributions to Approved Fund/Contract [TD4 - Box 10, Sec. 134(6)]

...

 

...

...

 

...

...

...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3

Total Income (Sum of Lines 1 to 2)

...

...

...

 

...

...

...

...

...

...

...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4

(a)

Tertiary Education Expenses (limited to $60,000 per househhold)

...

...

...

...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(b)

Employee's Total Contributions to Approved Pension Plan /

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Scheme / Deferred Annuity Plan

...

...

...

 

...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(c)

National Insurance Payment

 

 

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[Total of (b) and (c) not to exceed $30,000]

...

...

 

...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(d)

First Time Acquisition of House (limited to $18,000)

...

 

...

...

...

...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(e)

Covenanted Donation. (See Page 1 Line 12)

...

...

 

...

...

...

...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL ...

...

...

 

...

...

...

...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5

Subtotal - (Line 3 minus Line 4)

...

...

...

...

...

 

...

...

...

...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6

Deduct Personal Allowance - $60,000

 

...

...

...

...

 

...

...

...

...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7

Chargeable Income (Line 5 minus Line 6)

...

...

...

...

 

...

...

...

...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8

Compute 1/3 of Chargeable Income at Line 7 above, or 20% of Emolument Income at

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 1, Line 4 (whichever is greater)

 

...

...

...

...

 

...

...

...

...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9

(a) Contributions by Employer to Approved Fund / Contract (TD4 - Box 10)

 

...

...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(b) Total Contributions by Employee to Approved Pension Plan/Scheme/Deferred Annuity Plan ...

...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10 Taxable Benefit (Enter on Page 1, line 8)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a) Where the total at Line 9 is greater than Line 8 the taxable benefit is the total at Line 9(a)

...

...

...

...

...

 

 

 

 

(b)Where the total of Line 9 is less than the total of Line 8 the taxable benefit is "0"

SCHEDULE B

ALIMONY OR MAINTENANCE PAYMENTS

(Attach Copy of Court Order/Deed of Separation and Proof of Payment)

(See Instruction No. 17)

Name of Spouse

 

Deed of Separation

 

 

 

 

Court Order or Decree

 

 

First Name

 

Date (DDMMYYYY)

 

Registered No.

 

 

 

 

 

 

 

 

 

 

Last Name

 

Country of Origin

 

 

 

 

 

 

 

 

 

 

Address of Spouse

 

BIR No. of Spouse

 

 

 

 

 

 

 

 

 

 

 

Street

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If Spouse is a Non-Resident enter below

WITHHOLDING TAX INFORMATION

Date Paid (DDMMYYYY)

Reciept No.

Tax Paid To Nearest Dollar, Omit Cents/Commas

City / Town

Country

 

 

MAINTENANCE OR ALIMONY PAID

Enter on Page 2, line 21

Page 3

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*V1-14440EMOP04* V1-14440EMOP04

B IR NO.

2014

FORM 440 EMO

SCHEDULE C

TAX CREDITS

(See Instruction No. 18)

VENTURE CAPTIAL TAX CREDIT

(a)

Venture Capital Company in

 

Amount of

 

Highest Marginal

 

Venture Capital

 

 

Credit

 

Credit

 

Credit to be Carried

which Investment is held

 

Investment

 

Rate of Tax in year

 

Credit

 

Brought

 

Claimed

 

 

Forward

 

 

 

 

 

 

 

 

 

 

 

 

[Cols. (2) x (3)]

 

Forward

 

 

 

 

[Cols. (4) + (5) - (6)]

(1)

 

 

(2)

 

 

 

(3)

 

 

 

(4)

 

(5)

 

 

(6)

 

 

(7)

 

 

 

 

$

 

 

 

%

 

 

 

$

 

 

$

 

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ente r total of Column (6) in Summary of Tax Cre dits , line (a)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CNG KIT AND CYLINDER TAX CREDIT

 

 

 

 

 

 

(b)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Motor Vehicle

 

Date of Purchase and

 

 

Total Cost of CNG Kit

 

Tax Credit - 25% of

 

Tax Credit Claimed Limited to a

Registration No.

 

Installation of CNG

 

 

 

and Cylinder

 

 

 

 

Total Cost

 

 

Maximum of $10,000

 

 

 

 

Kit and Cylinder

 

 

 

 

 

 

 

 

[Col.(3) x 25%]

 

 

 

 

 

 

(1)

 

 

 

 

 

 

 

 

(3)

 

 

 

 

 

(4)

 

 

 

 

 

(5)

 

 

 

 

 

(2)

 

 

 

 

 

$

 

 

 

 

 

$

 

 

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ente r total of Column (5) in Summary of Tax Cre dits , line (b)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(c)

 

 

 

SOLAR WATER HEATING EQUIPMENT TAX CREDIT

 

 

 

 

 

 

 

Residential Address of Property

 

 

Date of Purchase of Solar

 

Total Cost of Solar

 

Tax Credit - 25% of

 

Tax Credit Claimed Limited to a

 

 

 

 

 

 

 

Water Heating Equipment

 

Water Heating

 

 

 

Total Cost

 

 

Maximum of $10,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equipment

 

 

 

[Col. (3) x 25%]

 

 

 

 

 

 

 

 

(1)

 

 

 

(2)

 

 

 

(3)

 

 

(4)

 

 

 

(5)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

 

 

$

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Enter total of Column (5) in Summary of Tax Cre dits , line (c)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SUMMARY OF TAX CREDITS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

To Ne are s t Dollar, Omit Ce nts /Commas

 

(a)Venture Capital Tax Credit

...

...

...

 

...

...

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(b) CNG Kit and Cylinder Tax Credit

 

 

...

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(c) Solar Water Heating Equipment Tax Credit ...

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Total of Tax Credits, Lines (a) to (c). Enter Total on page 2, Line 25

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Page 4

18650

 

Name of Taxpayer ……………………………………………….

B.I.R. Number ……………………………………………………

ATTACH ALL DOCUMENTS TO THIS PAGE

CHECKLIST OF ATTACHMENTS (IF APPLICABLE)

WHERE COPIES ARE REQUESTED PLEASE RETAIN ORIGINAL DOCUMENTS FOR AT LEAST SIX (6) YEARS

Original stamped and initialed T.D.4 forms from employers and/or Pensions Department.

If the full period of 52 weeks is not covered by the T.D.4 form(s), attach a statement giving reasons for the unaccounted period.

Statement in respect of allowable travelling expenses claimed supported by a letter from your employer certifying that

you are required to travel in the course of your official duties. Where a dispensation has been granted attach a copy of the BIR’s approval.

Proof of Payment of Covenanted Donations (Copy of Official Receipt from Approved Charity).

Original documents from Insurance Companies/Financial Institutions in respect of cancellation of Deferred Annuity/Savings Plan.

Tertiary education expenses – attach a detailed statement of expenses incurred together with copies of a letter of acceptance/registration from the institution, evidence of remittance of funds example receipts, bank drafts or cancelled cheques. (SEE Instruction No. 21).

First Time Acquisition of Home – (with effect from January 1, 2011) Original Statement from Financial Institution/Sworn Affidavit confirming First Time Acquisition and date property was acquired. Completion certificate if property was constructed. Lands and Buildings Taxes Receipt. (Copy of Certificate of Assessment if applicable).

Copy of Court Order/Deed of Separation showing Alimony and/or Maintenance payable. Attach proof of payment. Where payments are made in accordance with a Magistrates’ Court Order for common-law relationship, attach a Sworn

Affidavit.

Original Certificates/statements for Deferred Annuity/Tax Savings Plans showing premiums paid and stating that the Plan was approved by the Board of Inland Revenue.

Copies of receipts of National Insurance payments made on behalf of domestic workers.

Conversion to guest house – approval from the Minister with the responsibility for Tourism, detailed statement of expenditure and Completion Certificate.

Original certificate of all interest/dividend received and tax deducted therefrom.

Venture Capital Company Tax Credit Certificate.

Copy of Receipt of purchase and installation cost of CNG Kit and Cylinder and Certified Copy of ownership of vehicle.

Copy of Receipt of purchase of Solar Water Heating Equipment.

Certificate of Pensions received from abroad – Certificate of Assessment.

For each source of income shown on Schedule E, Page 5, include - statement showing gross income, gross profit, expenses or deductions and net income, a copy of partnership accounts (if you are a partner) and relevant certificates in respect of exempt income.

HAVE YOU SIGNED THE FORM?

GO BACK TO PAGE 2 – GENERAL DECLARATION

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