Know Your Taxes: BIR Form 2307

bir form 2307

What is 2307?

According to the Bureau of Internal Revenue, BIR Form 2307, or Certificate of Creditable Tax Withheld at Source, is a certificate issued by the withholding agent to the recipients of income subject to expanded withholding tax.

Who should submit BIR Form 2307?

Individuals or non-individuals who are subject to EWT.

When is 2307 submission?

The issuance of Form 2307 is upon payment to the supplier if WTAX is deducted. Otherwise, no 2307 is needed.

What is the purpose of 2307?

2307 is proof that creditable tax and/or expanded tax have been withheld.

Oojeema’s 2307

Did you know? Oojeema helps you generate 2307 fast. 

If you’re using the traditional, the usual process is to look for a free download of BIR Form 2307 Excel format or a free fillable Form 2307. Then for every transaction, you have to type in each detail such as company name, TIN, the address, the amounts withheld, applicable month, etc. 

That’s for every transaction. Imagine if you had hundreds of transactions every day or any given period.

On the other hand, Oojeema does all of those for you. All you have to do is to choose “Print 2307,” double-check the data, and you’re done.

Watch this video to learn more:

Other BIR forms available at Oojeema

Oojeema also supports forms 2550M, 2550Q, 2551Q, SLSP and others.