We have seen great leaps of changes from the Bureau of Internal Revenue (BIR) in improving our tax return filing system during the last several years. This started from the change in physical layouts ...
Presently, the common practice of the majority of taxpayers in accomplishing their respective tax returns is to manually fill out the blank spaces on printed Bureau of Internal Revenue (BIR) forms.
In the last four years, two major tax reform measures — the TRAIN Act and the CREATE Act — have been signed into law. TRAIN entered the statute books in December 2017 and CREATE in March 2021. The ...
The Philippine Tax Whiz discusses Revenue Memorandum Circular 51-2024 and Bank Bulletin 2024-01 of the BIR which indicate the newest guidelines on annual income tax returns for calendar year 2023 The ...
Senator Bam Aquino has also written Henares urging her to defer the imposition of the fines under the new policy and give taxpayers ample time to get to get familiar with the eBIRforms. But Henares, ...
The deadline for income tax return (ITR) filing is fast approaching. How do I file my returns? Can I already do it online? What about payment? There are 3 options for filing open to all taxpayers – ...
Another tax season is about to wrap up. April 15 (Monday) marks the last day for filing the annual income tax return (ITR) for individuals who are self-employed or did not qualify for substituted ...
The world is becoming more digital, and people are now engaged in a variety of virtual activities on a daily basis. Fortunately, these activities include the filing of income taxes. The electronic BIR ...
DESPITE appeals from a number of taxpayers, industry groups and lawmakers to postpone the electronic filing of income tax returns (ITRs) or defer penalties to be slapped on noncompliance, Revenue ...
MANILA, Philippines–The Bureau of Internal Revenue will slap a fine, on top of other penalties, on taxpayers who will fail to file their returns using the mandatory electronic forms. According to ...
A few days before the deadline of the Bureau of Internal Revenue for filing income tax returns, many taxpayers have complained about the glitches they encounter when filing ITR online. "This webpage ...