Here at Loft, we have a dedicated team who can help companies like yours with your day-to-day accounting, bookkeeping and payroll, as well as all tasks related to tax preparation and filing. In addition to that, our consultants can also lend their expertise when it comes to year-end audits and financial statement preparations for your company.
Payroll Processing
Hiring us as your trusted payroll partner means that you can bypass the need to hire, train and manage an in-house payroll team. Our payroll experts can take care of the timely and accurate crediting of salaries, as well as reporting of all taxes and contributions. We have stringent privacy policies when handling sensitive information to make sure that you have peace of mind when outsourcing your payroll activities.
Sample Package for 30 Employees
- Semi-monthly payroll computation
- Payslips to be distributed to employees via email
- Monthly preparation of reports:
- SSS PRN
- SSS Salary Loan Payment
- SSS Loan Collection List
- PAG-IBIG Fund Members Contribution Remittance Form
- PAG-IBIG Fund Short-term Loan Remittance Form
- Philhealth Statement of Premium Account
- Philhealth Employer’s Report
- Remittance return of income taxes withheld
on compensation
Accounting Outsourcing
Set Up of Books
To make your financial records up-to-date and compliant, our Xero-certified experts will set up or migrate your books of accounts using our cloud-based accounting software, Xero.
Tax Compliance
Tax season is often a stressful time for business owners. Through our tax compliance services, we are able to help individual professionals and small to medium sized companies with day-to-day accounting and tax issues.
Monthly Tax Returns
- Monthly remittance return of creditable income taxes
withheld (expanded) - Monthly remittance of income taxes withheld
on compensation - Monthly value-added tax declaration
Quarterly Tax Returns
- Income tax withheld at source including quarterly alpha
list of payees - Income Tax return including SAWT
- Value added tax including summary list of sales
and purchases
Preparation of GFFPS
Our accounting team can prepare the General Form for Financial Statements based on the audited financial statements; and submit this to the SEC using the required format and ahead of the deadline.
Statutory Accounting & Year End Assistance
We can liaise on your behalf with the external auditor when it comes to the year-end audit of your company’s financial statements.
This includes preparing the schedules of accounts, draft of financial statements and other requirements of the external auditors.
FAQ's on Accounting Services
Loft employs its own accountants and accounting consultants.
As long as your needs fit within the sphere of corporate accounting, we should be able to propose a custom service for you. Please get in touch with us using our contact form so we can get the conversation started.
We have services that are billed as one-time payment (e.g. Year End Audit Assistance, Set Up/Migration of Books), and there are services that are billed quarterly (e.g. Payroll Processing, BIR Tax Filing, Accounting/Bookkeeping). Please send us an inquiry so we can send you the details.
All rates are exclusive of VAT and this will be added to your final invoice.
Our services are available to both domestic companies and foreign business owners who wish to venture into business here in The Philippines.
We are closed on Sundays.
Loft Ortigas
• Walk-ins welcome!
• Open from Monday to Saturday (8AM-6PM)
• 30th Floor, One Corporate Center Meralco Ave cor. Julia Vargas Ave, Ortigas Center, Pasig, Philippines
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Loft BGC
• By appointment only
• Open from Monday to Friday (8AM-6PM)
• Unit 707, 7th Floor, One Park Drive, 11th Drive Corner 9th Avenue, BGC, Taguig, Philippines
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Loft Makati
• By appointment only
• Open from Monday to Friday (8AM-6PM)
• 9th Floor Philam Life Tower, 8767 Paseo de Roxas, Makati, 1226 Metro Manila, Philippines
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with us via email at hello(at)loft(dotted)ph, via call 0917-899-0044 or using our website’s contact form.