VAT My Jollibee
After my love scenes at McDonalds, I thought it would be fare to write something Jollibee. After all, I am a Filipino.
I did not want another love scenes article but a more socially relevant one.
One of the more saleable food items in Jollibee would be their fried chicken. Perhaps you would agree that 1pc. Chicken Joy Value Meal is more popular than any other food items in that fastfood.
If you purchase 1pc Chicken Joy Value Meal, it would cost you P83. Actually, 1pc Chicken Joy Value Meal only costs P74.11. The remaining P8.89 was your 12% VAT payment for your purchase.
Just imagine if a single Jollibee branch could sell 100 1pc Chicken Joy Value Meals in a day, the VAT would total P889. In a month time it would be P26,670 and P320,040 in a year.
Jollibee boasts of over 600 branches nationwide, not counting overseas of course. If so, the VAT for 100 1pc Chicken Joy Value Meals daily for 600 branches would be P192,024,000.
That 192 million pesos VAT is only for 1pc Chicken Joy Value Meal.
Burger, anyone?
.
I did not want another love scenes article but a more socially relevant one.
One of the more saleable food items in Jollibee would be their fried chicken. Perhaps you would agree that 1pc. Chicken Joy Value Meal is more popular than any other food items in that fastfood.
If you purchase 1pc Chicken Joy Value Meal, it would cost you P83. Actually, 1pc Chicken Joy Value Meal only costs P74.11. The remaining P8.89 was your 12% VAT payment for your purchase.
Just imagine if a single Jollibee branch could sell 100 1pc Chicken Joy Value Meals in a day, the VAT would total P889. In a month time it would be P26,670 and P320,040 in a year.
Jollibee boasts of over 600 branches nationwide, not counting overseas of course. If so, the VAT for 100 1pc Chicken Joy Value Meals daily for 600 branches would be P192,024,000.
That 192 million pesos VAT is only for 1pc Chicken Joy Value Meal.
Burger, anyone?
.
napakasimple pero ang laking pera nyan! VAT naman ganyan? napupunta kaya yan sa dapat puntaha? VAT ko ba naitanong yun? hehe
ReplyDeletegaling, naglaro tuloy sa isip ko ang napakaraming numero! eh pano kpag 2 pcs na?
some thoughts to ponder.tama ka jan.napaisip ako.galing.hehe
ReplyDeletethought provoking! nice post...
ReplyDelete@Eli, Flamindevil, Julius, that was based on 100 pcs chicken joy only per branch... how many do you think a branch can sell? What about their other menu? That's a lot of VAT money from Jollibee alone..
ReplyDeletegaling ahh. buti naman at naisip mo yun.
ReplyDeletei worked in jollibee victoria plaza and opening team of gaisano mall... sorry di ko nabilang. hayaan mo, sa bakasyon tatanungin ko kung ilan. :)
ReplyDeleteI love their burger steak, anyway.
ReplyDeletehayyy ang laki ng vat talaga!tapos nakukurakot lang ng gobyerno naku kakainis pag naiisip mo yun
ReplyDeleteyou should take a look at the employees taxes naku yun palang laki na ng napupunta sa gobyerno!
@Ming Meows, minsan kasi walang ginagawa habang kumakain sa Jollibee, hehe.
ReplyDelete@Julius, alamin mo... Jollibee boy ka pala.. buti di ka nag mcdonalds.. haha
@paurong.com, subukan kong kumain ng steak para malaman ko rin kung magkano ang vat, haha!
@Mac Callister, yup... minsan pag nakita ko ang witholding tax ko.. parang ang sayang talaga.
Interesting post! I'll be looking forward to some interesting topics here, so I'll be sure to keep on coming back here. Thanks for sharing and Good luck.
ReplyDelete-megan-