News and Updates

 SEC issued MC 1-2025 disseminating Submission deadlines for 2025 Filing of Annual Financial Statements and General Information Sheet.

 CLARIFICATIONS IN FILING OF TAX RETURNS AND PAYMENT OF TAXES.

 SSS Hike contribution rate starting January 1, 2025.

  Extended ang deadline ng SEC Enhanced Compliance Incentive Plan (ECIP).

  SEC Memorandum Circular (MC) No. 13, Series of 2024, providing for the 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐝 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐈𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞 𝐏𝐥𝐚𝐧 (𝐄𝐂𝐈𝐏).

  Guide List of Sample Invoices per BIR Revenue Memorandum Circular 77-2024 (Annex A1 - B6).

  SEC Zuper Easy Registration Online (ZERO) on July 17, 2024.

  BIR RR 11-2024 Amending the Transitory provisions of RR 7-2024.

  BIR RMC 51-2024 clarifies the guidelines in filing of Annual Income Tax Return (AITR) and Payment of Taxes Due thereon for calendar year 2023.

  ADVISORY: For All BIR Authorized Agent Banks.

  ADVISORY: For All taxpayers shall electronically file their Annual Income Tax Returns (AITR) through eFPS or eBIRforms including its attachments (through eAFS).

  SEC MC 16 revised guidelines on the determination of retained earnings available for dividends declaration.

 BIR RMC 39-2024 announces availability of BIR Form 1701 in EFPS.

 BIR RMC 36-2024 Clarification on the Manner of Computing MCIT for the year 2023.

 BIR RMC 29-2024 Extension of Deadline for Submission of 2316.

  BIR Alphalist v7.2 is now available in BIR website.

  BIR issue RMC 25-2024 For Taxpayers with Own Extract Program.

  SEC Deadline for Filing of Annual Financial Statements (AFS) and General Information Sheet (GIS).

  BIR issued RR 1-2024 Increasing VAT exemption threshold.

 BIR RR 16-2023.

 RA No. 11976 "Ease of Paying Taxes Act".

 Estate Tax Amnesty.

 BIR RMC 52-2023.

 RMC 5-2023.

 BIR RMC 8-2023 Revised Provision on the Submission of Inventory List and Other Reporting Requirements Pursuant to RMC 57-2015.

 SIM Card Registration Act.

 BIR issued RMC 43-2022.

 BIR issue RMC No. 131-2022 announcing availability of Offline eBIRForms ver. 7.9.3.

 TSAC Newsletter No. 8-2022 .

 SSS Circular 2022-020.

 Update your registration records now with the BIR to use the Online Registration and Update System (ORUS)!.

 BIR RMC 123-2022 Clarify quaestions about Invoice/OR Expiration.

 ADVISORY: The Social Security System (SSS) wishes to inform the public that its online channels including its website (www.sss.gov.ph).

 BIR issued RR 6-2022 Removal of 5 year validity period on receipts and invoices.

 UPDATED LINK FOR THE SUBMISSION OF MANDATORY DISCLOSURE FORM (SEC).

 The 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗧𝗿𝗶𝗽𝗮𝗿𝘁𝗶𝘁𝗲 𝗪𝗮𝗴𝗲𝘀 𝗮𝗻𝗱 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗕𝗼𝗮𝗿𝗱 – 𝗡𝗖𝗥 published 𝗪𝗮𝗴𝗲 𝗢𝗿𝗱𝗲𝗿 𝗡𝗼. 𝗡𝗖𝗥-𝟮𝟯 on May 19, 2022, granting a wage increase of PhP33 bringing the new minimum wage rate to PhP570 and PhP533 for workers in the non-agriculture and agriculture sectors, respectively. This will take effect on 𝗝𝘂𝗻𝗲 𝟰, 𝟮𝟬𝟮𝟮. .

 Salary Increase in Minimum Wage for National Capital Region (Metro Manila) and Western Visayas.

The Pineda Formula on Wage Distortion as prescribed by the NWPC. This is one of the formulas used to compute the wage adjustment for employees receiving above minimum wage that will also be affected by the new wage hike..

 To All Concern Taxpayers, Revenue Officials and Employees.

BIR RMC 46-2022 Clarifying the Deadline of Submission of Attachments to the 2021 Annual Income Tax Return and Other Matters.

BIR RMC 44-2022 Guidelines in the Filing of Annual Income Tax Returns and Payment of Tax Due for taxable year 2021.

BIR RMC 43-2022 Non-Imposition of 25% Surcharge on Amended Returns.

BIR RMC 42-2022 Clarifies the deadline for filing of 2021 Annual Income Tax Return.

Securities and Exchange Commission Philippines

SUBMISSION OF REPORTS THROUGH THE ELECTRONIC FILING AND SUBMISSION TOOL.

Filing of Annual Income Tax Returns (AITR) are accepted on Saturday: March 25, April 2 and April 9. AITR are also accepted even out of district returns until APRIL 18, 2022.

BIR RMC 24-2022 clarifies VAT Zero rating on Ecozones, Registered Business Enterprises.

Ready na mag-file ng Retirement Claim? Just go online!  Pwede 'yan right at the comfort of your home. Alamin kung qualified ka rito:

BIR RMC 21-2022 Clarify the claim of input VAT on purchases or Importation of Capital Goods as amended by TRAIN Law.

SEC SETS DEADLINES FOR SUBMISSION OF ANNUAL REPORTS.

RMC 16-2022 clarifies the scope and coverage of extension of deadlines granted by RR 1-2022 Extension includes Inventory list, Alphalist and registration of books of accounts.

2022 Tax Advisory #4: Clarification as to the extension of statutory deadlines prescribed by RR No. 1-2022

BIR RR No. 1-2022 extends deadlines falling within the period declared as under Alert Level 3 or higher by IATF for the month of January 2022.

Hi Taxpayers!! BIR issued the Revenue Regulation No. 1-2022 dated January 27, 2022: Granting 30 day-extension for deadlines falling due during the period declared as Alert Level 3 or higher by IATF. For your reference and guidance.

The Department of Labor and Employment (DOLE) sets a nationwide inspection of alien-employing firms.

Updated list of MP Deadlines and Extensions as of January 20, 2022  6:30PM

Updated list of Mayor's Permit Deadlines as of January 20, 2022 3:00 PM

Caloocan Cityhall extends deadline of payment of Mayor’s permit (MP) A. Payment of MP (Annual) with discount is extended up to FEBRUARY 10, 2022 (Instead of January 20, 2022) B. Payment of MP (Annual without discount), Semi-Annual, 1st QTR is extended up to February 28, 2022

TAX ADVISORY RMC 18-2021 dated January 27, 2021 allows taxpayers to submit Certificate of Compensation Payment/Tax Withheld for Compensation Payment (BIR FORM 2316) even without the signature of the Employee PROVIDED such form was signed by Authorized representative of taxpayer-employer.

Summary of Deadlines for Assessment and Payment for MAYOR'S PERMIT RENEWAL per City

The Social Security System issued Circular No. 2022-001 dated 14 January 2022 setting forth the guidelines for Reporting of Separated Employee Using the Payment Reference Number Facility

ZERO FACE-TO-FACE TRANSACTION IN SEC MAIN OFFICE FROM 13 JANUARY 2022 UNTIL FURTHER NOTICE

Quezon Cityhall Announcement

Manila extends deadline for tax payments, business permit renewal amid COVID surge

Acceptance of Out of District Returns and Payments under Areas classified as Alert Level 3 January 3 to 15, 2022

Mayor Isko declares tax amnesty from October 1 until December 29, 2021

SSS Advisory: Contribution payment deadline for the applicable month of July 2021 is extended until September 30, 2021

BIR Bank Bulletin No. 2021-12

SEC ADVISORY AGAINST DEALING WITH NON-REGISTERED FOREIGN ENTITIES, ORGANIZATIONS AND CORPORATIONS

BIR extends tax filing and payment for taxpayers under ECQ & MECQ

BIR RMC 91-2021 

BIR RR 15-2021 Deferring the Implementation of RR 9-2021

BIR Form 1902: Application for Registration For Individuals Earning Purely Compensation Income (Local and Alien Employee)

BIR RR 9-2021 Imposition of VAT on certain ZERO-RATED transactions 

 Temporary lock down of the Releasing Section for QC Mayor's Permit

Deadline of Filing of Annual ITR for Calendar Year 2020

BIR RMC 41-2021 Filing and Payment of Taxes falling within period of March 22, 2021 until April 30, 2021 can be made ANYWHERE, even outside the jurisdiction of registered RDO

BIR Tax Advisory for eFPS User - Individual Taxpayers

BIR RMC 50-2021 Prescribes the guidelines in filing and payment of Annual Income Tax Returns (AITR) for Non-Individuals (Corporation & Partnership) 

BIR RR 5-2021 Implementing Rules of R.A. 11534 (CREATE)