VAT Payable EstimatorOutput less input: the number that actually goes on the 2550Q

Enter your VATable sales and purchases for the quarter, both net of VAT. The tool derives output and input VAT and nets them the way the return does, including the carryover when input wins.

You remit the difference between the VAT you charged and the VAT you were charged. That is the whole 2550Q in one sentence; the rest is proving each side with valid invoices.

Why the SLSP exists

The quarterly return travels with the summary lists of sales and purchases. Every peso of input VAT claimed must trace to a supplier invoice on that list, which is why the books, not the return, are where VAT is really won or lost.

Questions people actually search

Ano ang mangyayari kung mas malaki ang input VAT ko?

The excess input VAT carries over to the following quarters; nothing is remitted for the current one.

Can I claim input VAT on any purchase?

Only purchases supported by valid VAT invoices from VAT registered suppliers, and some categories carry special rules.

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