DRYM Bookkeeping Services

16/03/2026

🔰The Bureau of Internal Revenue (BIR) has recently issued Revenue Memorandum Circular (RMC) No. 20-2026 whichs provides the following guidelines for filing 2025 Annual Income Tax Returns (AITR) and paying corresponding taxes by April 15, 2026:

👉Filing Platforms: Taxpayers should use the Electronic Filing and Payment System (eFPS) if mandated, or the Offline eBIRForms Package v7.9.5 for non-eFPS and "No Payment" returns. Certified Tax Software Providers (TSPs) are also authorized for specific returns.

✅Proof of Filing: A Filing Reference Number (FRN) or Tax Return Receipt Confirmation (TRRC) serves as proof of filing; manual "Received" stamps are not required. eBIRForms users should keep a screenshot of the submission confirmation as additional proof.

👉Payment Options: Taxes must be settled through eFPS, ePayment gateways (such as LandBank Link.Biz, UnionBank Online, or DBP PayTax), or e-wallets like Maya.

🔷Micro and Small Taxpayers: These individuals may manually file and pay using BIR Form No. 1701-MS since it is not yet available in electronic systems. Alternatively, they can use electronic Forms 1701 or 1701A with only minimum required fields.

✅Submission of Attachments: Required documents must be submitted electronically via the Electronic Audited Financial Statement (eAFS) system within 15 days of the filing deadline.

✅No Penalties for Wrong Venue: No penalties will be imposed for filing at the wrong venue. Additionally, Micro and Small Taxpayers will not face penalties if they filed electronically using Forms 1701/1701A or manually via Form 1701-MS.

🔰Support Services: BIR eLounge facilities at Revenue District Offices (RDOs) are available to assist taxpayers with electronic filing, with priority given to senior citizens, persons with disabilities, and those without internet access.

🔶Source: BIR website

12/03/2026

👉Kung nakapag-file kana ng 1701v2018 or 1701A:👇

❌ Hindi mo kailangan mag-amend
❌ Hindi mo kailangan mag-refile
❌ Hindi mo kailangan magsubmit ng 1701-MS manually

✅Valid yung filing mo.

🔷Base sa clarification from the BIR National Office (March 10, 2026) habang fina-finalize pa nila yung official guidelines for 2025 Annual ITR.

So kung isa ka sa mga business owners na ilang araw nang nag-aalala kung magkakaroon ng penalty o kailangan mo pang ulitin yung filing mo…

👍Pwede kana huminga ngayon.

🙏Maraming salamat din sa taxpayer na nag-share ng official BIR reply under the 8888 complaint, malaking help ito para makaph bigay ng relief sa marami.

At gusto ko rin sabihin ito.

Hindi rin madali ang position ng mga BIR speakers sa mga ganitong webinar, lalo na kapag wala pang final guidelines mula sa national office.

Marami sa kanila ay ginagawa lang din yung best nila para magbigay ng guidance sa taxpayers kahit sila rin ay naghihintay ng official policy.

Sa huli, pare-pareho lang naman ang gusto natin:

Mas malinaw na rules
Mas madaling compliance
Mas informed na taxpayers

At tandaan natin ito.

Ang taxpayer na may tamang impormasyon ay hindi kalaban ng gobyerno.

Siya ang pinakamahalagang partner nito.

PS:

👉Kung gusto mo matutunan, paano mag file ng 2025 Annual ITR for Non-VAT Individual Taxpayers, may recorded video tutorial ako na pwede mong simula pag-aralan ngayon dito:

👉 DRYM Bookkeeping Services (nasa FEATURED post yung complete details kung paano ka makaka access).

Comment 'ITR', para ma-approve ko yung request mo.

⭕NOTE: para lang to sa willing mag-invest ng time, mony and effort para matutunan yung 2025 Annual ITR filing, maging compliant kay BIR, makaiwas sa penalties at makatipid sa monthly retainers fee.

10/03/2026

👉The Securities and Exchange Commission (SEC) has announced a transitional arrangement for corporations with urgent filing needs that are still in the process of setting up or restoring access to their eSECURE accounts.

✅Corporations may temporarily submit their General Information Sheet (GIS) through the Electronic Filing and Submission Tool (eFAST) utilizing the 2020 version of the GIS form. This accommodation allows entities to comply with reportorial requirements while completing access arrangements for the HARBOR system.

✅The 2020 Version of the GIS Form can be downloaded from the SEC website at https://bit.ly/2020GISForms.

🔰Key Dates and Future Requirements:

🔶 This transitional arrangement will remain available until April 15, 2026.

🔶 After April 15, 2026, the Commission will require the use of the 2026 Version of the GIS Form.

🔶 Under the 2026 version, corporations must submit their beneficial ownership declarations through HARBOR.

⭕Source: SEC website

10/02/2026

27/01/2026

🔰The Bureau of Internal Revenue (BIR) has issued the following orders and circulars relative to the lifting the suspension of all tax audit and field operations previously imposed under RMC No. 107-2025.

👉 Revenue Memorandum Order (RMO) No. 1-2026

🔰RMO No. 1-2026 prescribes the revised policies and procedures for tax audits following the lifting of the suspension previously imposed under RMC No. 107-2025.

Key highlights of the new guidelines include:

🔶 Single-Instance Audit Framework: As a general rule, taxpayers will be subject to only one Electronic Letter of Authority (eLA) for a given taxable year, covering all applicable internal revenue tax types, including Value-Added Tax (VAT).

🔶 Anonymized Selection and Assignment: To reduce discretion-related risks, the BIR is implementing an anonymized process where taxpayer identities remain concealed during the initial selection and officer assignment phases.

🔶 Mandatory Audit Labels: Audit instruments must prominently display specific labels defining their scope: "Full Examination" for eLAs, "Limited Authority" for Mission Orders (MO), and "Limited Scope" for Tax Verification Notices (TVN).

🔶 Standardized Audit Checklists: Revenue Officers are now required to use a standardized checklist of documents for all audits to minimize repetitive requests and ensure transparency.

🔶 Integration of Task Forces: Audit functions previously performed by specialized task forces, such as the Run After Fake Transactions (RAFT) Task Force, are concluded and absorbed by regular BIR offices to align with the new framework.

🔶 System-Assisted Selection: The issuance of new eLAs will be governed by system-assisted taxpayer selection based on objective risk parameters and centralized approval by the Commissioner.

🔶 These reforms aim to institutionalize transparency, uphold due process, and promote accountability across the tax assessment process.

🔰 Revenue Memorandum Circular (RMC) No. 8-2026

👉Effective immediately, the Bureau will resume the issuance of Electronic Letters of Authority (eLAs), Mission Orders, and Tax Verification Notices. The resumption also includes the continuation and completion of audit cases that were previously stayed.

👉All resumed field operations and assessments must now comply with the revised policies, controls, and procedures prescribed under RMO No. 1-2026. This move marks the conclusion of the review of audit processes and the implementation of new internal control mechanisms for the Bureau.

Source: BIR website

23/01/2026

🔰𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐌𝐞𝐦𝐨𝐫𝐚𝐧𝐝𝐮𝐦 𝐂𝐢𝐫𝐜𝐮𝐥𝐚𝐫 𝐍𝐨. 𝟓-𝟐𝟎𝟐𝟔 - Letter of Authority (LOA) Verifier through REVIE

👉See full text here:https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%205-2026.pdf

14/07/2025

🔰BIR Update: Revenue Memorandum Order (RMO) No. 35-2025

👉Modification of Alphanumeric Tax Code (ATC) of Selected Revenue Source under Republic Act (R.A.) No. 12214 (Capital Markets Efficiency Promotion Act)

10/07/2025

🔰BIR Tax Advisory:

👉Taxpayers are advised to manually file BIR Form No. 2552 and pay the taxes due thereon at any Authorized Agent Bank due to the unavailability of the revised tax rate in BIR Form No. 2552 within the eBIRForms and eFPS and the sale or exchange of shares of stock and other securities of a domestic corporation through a Foreign Stock Exchange which is not yet included in BIR Form No. 2552.

04/07/2025

🔰BIR Update: Revenue Memorandum Circular (RMC) No. 67-2025

👉Circularizing Customs Memorandum Circular No. 113-2025, entitled "Implementation of Revenue Regulations No. 9-2025 which Implemented Section 295 (D) of the National Internal Revenue Code of 1997 (Tax Code), as Amended by Section 18 of Republic Act No. 12066 or the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE Act)"

04/07/2025

🔰BIR Update: Revenue Memorandum Order (RMO) No. 33-2025

👉Amending RMO No. 26-2025 on Modification of Alphanumeric Tax Code (ATC) of Selected Revenue Source under Republic Act No. 12066, otherwise known as Corporate Recovery and Tax Incentives for Enterprises Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act

Business services that engage in the businesses of Business Process Outsourcing

01/07/2025

🔰BIR Tax Advisory:

👉The updated software patch consisting of the newly created Alphanumeric Tax Codes (ATCs) for Alphalist Data Entry Module version 7.4 is now available at the "Downloadables" section of the BIR Website.

01/07/2025

🔰 News:

👉“Individuals earning an annual income of P400,000 or below shall be exempt from paying income tax under a bill being pushed by Senator Win Gatchalian.

👉This measure seeks to amend the current tax code, which only exempts those earning P250,000 or below annually.

👉The proposed bill also aims to exempt the following from taxation: holiday pay, overtime pay, night shift differential pay, hazard pay, and share in service charges.”