BIR Launches TRRA Portal for Convenient Taxpayer Registration
The Bureau of Internal Revenue (BIR) recently announced the launch of the Taxpayer Registration-Related Applications (TRRA) Portal. This new online system aims to simplify and expedite the process of submitting applications and registration requirements to the BIR. In the past, taxpayers had to visit BIR offices in person and submit paper forms to complete […]
New Policies and Guidelines on Late/ Out-of-District Filing of Tax Return (RR 6-2023)
The government is committed to tackling tax fraud, tax evasion, and other violations of the National Revenue Code (NIRC). New regulations have been enacted to support these objectives and assist the Bureau of Internal Revenue in enforcing the Act. Revenue Regulation (RR) 6-2023 is issued to lay down stricter rules and guidelines for the acceptance […]
BIR ePayment Facilities and 2023 Updated List of ePayment Channels
Tired of those long lines at the Revenue District Office or the Authorized Agent Banks (AABs), especially when you’d rather be doing more important things in the office? Well, you’re not alone. Fortunately, there’s a more convenient way to settle your taxes as we now pay through the BIR’s ePayment Channels. Where to pay […]
Understanding the Latest e-Invoicing System Accreditation Procedures
In the fast-changing world of business and technology, staying compliant with tax regulations is important. Recently, the Bureau of Internal Revenue (BIR) in the Philippines issued Memorandum Order (RMO) No. 24-2023, a game-changer in the accreditation process for sales machines and software used to generate invoices and receipts. This innovation, known as the Enhanced Electronic […]
“Ask for Receipt” Notice is valid until June 30, 2023
If you’ve ever noticed the vibrant orange “Ask for Receipt” signage displayed in establishments all over the country, you’ll be surprised to learn that it will soon undergo a transformation. The “Ask for Receipt” campaign was launched by the BIR to encourage consumers to actively participate in combating tax evasion. By requesting official receipts, individuals […]
Filing Taxes at Your Fingertips: A Comprehensive Tutorial for Submitting Your Tax Return Online
Filing your taxes online may be intimidating at first. But with organization and preparation, you can tackle this task efficiently and accurately. The key to a successful online tax filing experience lies in taking the time to gather and organize all the necessary documents and information well in advance. Electronic filing (e-filing) offers numerous benefits, […]
New Percentage Tax Rate Starting July 2023
In view of Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law, the 3% Percentage Tax was lowered to 1% beginning on 1 July 2020 until 30 June 2023. Thus, taxpayers must pay the original tax rate of 3% effective from 1 July 2023. The Percentage tax is a […]
Online Registration of Books of Accounts
The Bureau of Internal Revenue (BIR) has recently issued Revenue Memorandum Circular (RMC) Number 03-2023, prescribing the guidelines on the online registration of books of accounts. This initiative is in line with the bureau’s goal to make tax compliance easier and more efficient for taxpayers. Who are required to maintain and register their books of […]
Three (3) Online Services You Can Do Using BIR ORUS
In today’s digital era, various government agencies in the Philippines are embracing the power of technology to provide better services to citizens. The Bureau of Internal Revenue (BIR) is no exception, as it continues to push its digitalization roadmap with the release of more updates to its Online Registration and Update System (ORUS). Through the […]
Expert Tips for Staying Up-to-Date with BIR Tax Laws and Compliance
Staying up-to-date with the latest Bureau of Internal Revenue (BIR) tax laws and compliance requirements can be a daunting task for any business owner or professional. However, with a little bit of knowledge and effort, you can easily navigate the complex world of BIR regulations and ensure that your company is in compliance. Here […]
