Anido Tax and Accounting Services

31/05/2026

🎰 WINNING BIG? KNOW YOUR TAXES! 🎰
Attention all casino-goers and gaming enthusiasts! The BIR has issued RMC No. 57-2026 to clarify how jackpot prizes and other gambling winnings are taxed in the Philippines.

Whether you hit the jackpot at a casino, win big in bingo, or get lucky on an Electronic Gaming Machine (EGM), understanding these rules is crucial to stay compliant! 🧠✨

Here’s what you need to know at a glance:

✅ WHAT IS TAXED: Jackpot prizes (fixed & progressive) from casinos, bingo, and EGMs.
✅ TAX RATES:
- 20% Final Tax for Citizens & Resident Aliens
- 25% Final Tax for Non-Resident Aliens (NRANETB)
✅ THE RULE: Tax is based on the GROSS amount. NO deductions for service charges or fees.
✅ WHO IS COVERED: Individuals winning from licensed or unlicensed operators.

Save this post to keep these important tax rules handy! 📲

14/04/2026

🚨 2025 ANNUAL INCOME TAX RETURN: DEADLINE EXTENDED! 🚨
Attention all taxpayers! The BIR has officially moved the deadline for the 2025 Annual Income Tax Return (AITR) to give everyone more time to comply.

Under Revenue Memorandum Circular (RMC) No. 030-2026, the new deadline is:

🗓️ NEW DEADLINE: MAY 15, 2026
(Original Deadline: April 15, 2026)

Why the extension?
The BIR issued this extension due to the State of National Energy Emergency (EO No. 110), helping ease the burden on businesses and individuals during the current energy crisis and rising oil prices.

Key Compliance Details:
✅ Electronic Filing: Use eBIRForms or eFPS for a faster process.
✅ Flexible Payment: Pay via online platforms (GCash, Maya, Landbank, etc.) or at ANY Authorized Agent Bank (AAB), regardless of your RDO.
✅ No Penalties: As long as you file and pay by the new May 15 deadline!

Use this extra month wisely to ensure your tax filings are accurate and complete. Don’t wait for the last-minute rush! 🚀

31/03/2026

17/03/2026

BIR RMC NO. 20-2026: YOUR COMPREHENSIVE AITR FILING & PAYMENT GUIDE!

Tax season is here, and the BIR has released Revenue Memorandum Circular (RMC) No. 20-2026 to provide updated guidelines for filing and paying your Annual Income Tax Returns (AITR) for Calendar Year 2025. This RMC clarifies crucial procedures to ensure a smooth and compliant tax season. Swipe through our detailed guide to master these essential updates!

What’s Covered in RMC No. 20-2026?

✅ Electronic Filing Platforms:
Understand the mandatory platforms like eFPS for mandated taxpayers and the Offline eBIRForms Package for non-eFPS filers. Learn about the importance of capturing email confirmation as proof of filing.

✅ Manual Filing & BIR eLounge:
Discover the limited instances where manual filing is still allowed and how the BIR eLounge facility prioritizes certain taxpayers, offering extended assistance.

✅ Payment of Taxes:
Explore the various electronic payment gateways available, including eFPS-AABs, LBP Link.Biz Portal, UnionBank, DBP PayTax Online, MyEG, and Maya. Know when manual payment is permissible.

✅ Guidelines for Individual AITRs (BIR Form Nos. 1701-MS, 1701, and 1701A):
Learn about the flexibility for Micro and Small taxpayers, the manual filing procedure for Form 1701-MS, and the minimum required fields for electronic filing.

✅ Submission of Attachments:
Understand that FRN/TRRC serves as proof of filing and that all attachments must be submitted electronically via the eAFS/Submission Facility within 15 days from the filing deadline. Learn about the limited cases for manual submission.

✅ Required Attachments to AITR:
Get a comprehensive list of all necessary attachments, from Proof of Payment and Audited Financial Statements to various BIR Forms (2307, 1606, 2304, 2316) and the SAWT Acknowledgement Receipt.

✅ Penalties:
Be aware of the penalties for non-compliance, including the absence of wrong venue penalties and specific exemptions for Micro and Small taxpayers.

Stay compliant and avoid penalties! For expert guidance on navigating these new AITR filing and payment procedures, contact us today.

04/03/2026

Dive deep into the latest tax audit policies with our detailed guide on BIR Revenue Memorandum Circular (RMC) No. 014-2026! This RMC provides critical clarifications on the implementation of RMO No. 1-2026, ensuring transparency and protecting taxpayer rights. Swipe through all 12 slides to master these essential updates!

What’s New in RMC No. 014-2026?

✅ Replacement eLA Explained:
Learn why a Replacement eLA is an administrative adjustment, not a new audit authority. It maintains the original scope and period.

✅ Single-Instance Audit Framework:
How multiple eLAs for the same taxpayer and period are merged into a single replacement eLA.

✅ Settled Liabilities:
Assurance that taxes paid prior to a replacement eLA are recognized as settled and will not be re-assessed.

✅ Important Consolidation Dates:
Mark your calendars for critical deadlines for VAT non-consolidation requests and automatic consolidations.

✅ Procedural Safeguards:
Details on how prior findings, waivers, and subpoenas remain valid and enforceable.

✅ Dissolution of VAT Offices:
Information on the winding-up of VATAS and LTVAU operations and turnover requirements.

✅ Informer Complaints & Selection:
How informer complaints are handled and the objective nature of audit selection.

Stay compliant and protected! For expert guidance on navigating these new audit procedures, send us a message today.

18/02/2026

SEC Memorandum Circular No. 10, Series of 2026!

One Person Corporations (OPCs) in the Philippines, take note! The SEC has issued new guidelines to ensure compliance and streamline processes. Swipe through our comprehensive guide to understand the latest requirements and avoid penalties! 🚀

1. Appointment of Officers:
• Initial Appointment: Submit the Form for Appointment for OPC (FAO) within 20 days from incorporation. Penalty: P10,000.00.
• Subsequent Changes: Notify the SEC within 5 days of any new appointment. Penalties range from P5,000 to P9,000.

2. New Audit Threshold for Financial Statements:
• Effective December 31, 2025:
◦ Assets/Liabilities > P3,000,000.00: Audited Financial Statements (AFS) required.
◦ Assets/Liabilities

16/02/2026

SEC ADVISORY: 2026 Filing Schedule for AFS and GIS!

The Securities and Exchange Commission (SEC) has released Memorandum Circular No. 9, Series of 2026, outlining the schedule and requirements for the filing of 2025 Annual Financial Statements (AFS) and General Information Sheets (GIS).

Swipe through our guide to stay compliant and avoid penalties! 🚀

🗓️ AFS Filing Schedule (Coding System)
For corporations with a fiscal year ending December 31, 2025, the filing dates are based on the last digit of your SEC registration or license number:

🔹 1 and 2: May 4, 5, 8, 11, 12
🔹 3 and 4: May 13, 14, 15, 18, 19
🔹 5 and 6: June 1, 2, 3, 4, 5
🔹 7 and 8: June 8, 9, 10, 11, 15
🔹 9 and 0: June 16, 17, 18, 19, 22

📝 General Information Sheet (GIS)
• Domestic Corporations: File within 30 calendar days from the date of the actual annual stockholders’ meeting.
• Foreign Corporations: File within 30 calendar days from the anniversary date of the SEC license issuance.

💻 Mandatory Online Filing via eFAST
• All submissions must be made through the SEC Electronic Filing and Submission Tool (eFAST).
• 🚫 No hard copies will be accepted at SEC offices.
• Ensure your corporation is registered in eFAST ahead of your filing date!

⚠️ Important Reminders:
• The coding schedule applies only to those with a Dec 31 fiscal year end.
• Others must file within 120 days from their fiscal year end.
• Publicly listed and secondary licensed companies must file within 105 days.
• Failure to comply may result in significant fines and penalties.

Don’t wait until the last minute! Start preparing your documents and ensure your eFAST account is ready.

Need professional assistance with your SEC filings? Send us a message today! 📩

16/02/2026

BIR Resumes Tax Audits under RMO No. 001-2026!

The Bureau of Internal Revenue (BIR) has officially resumed tax audits with the issuance of Revenue Memorandum Order (RMO) No. 001-2026. This order introduces a new era of transparency and accountability in tax assessments. Swipe through our comprehensive guide to understand the full scope of these changes!

What’s New in RMO No. 001-2026?

✅ The Single-Instance Audit Framework:
The BIR is moving towards a more efficient system. Generally, only ONE Electronic Letter of Authority (eLA) will be issued per taxpayer for a given taxable year, covering ALL tax types. This eliminates overlapping audits and reduces the burden on taxpayers.

✅ Consolidation of Pending Cases:
All pending eLAs for the same taxpayer and year will be consolidated into one replacement eLA.

• Feb 16, 2026: Deadline for non-consolidation requests (VAT).
• Mar 4, 2026: Automatic consolidation date.

✅ Mandatory Audit Labels:
Check your documents! Audit instruments must now carry specific labels:

• eLA: Full Examination of Books.
• Mission Order (MO): Verification/Surveillance Only.
• TVN: Limited Scope Verification.

✅ Objective & Anonymized Selection:
Audits are now initiated through system-assisted, risk-based selection. Taxpayer identities are concealed during the initial process to ensure neutrality and fairness.

✅ Standardized Audit Checklist (Annex B):
Revenue Officers are now required to use a uniform checklist of documents. This prevents “fishing expeditions” and ensures only necessary records are requested.

✅ Due Process & Taxpayer Rights:
The RMO reinforces your rights, including the mandatory Discussion of Discrepancy (DoD) and the right to receive a clear factual and legal basis for any assessment.

Stay compliant and protected! For expert guidance on navigating these new audit procedures, send us a message today.

23/01/2026

PUBLIC ADVISORY: BIR Launches LOA Verifier via Chatbot REVIE

Heads up, taxpayers! With the return of BIR audits, the Bureau of Internal Revenue (BIR) has launched a new feature to protect you from unauthorized examinations.

Introducing the Letter of Authority (LOA) Verifier available through the BIR’s Chatbot REVIE!

What is this for?

This new tool allows you to quickly and easily verify the authenticity of any LOA you receive. It’s a crucial step to ensure you are dealing with legitimate BIR representatives.

How to Use the LOA Verifier:

1. Go to the BIR website (www.bir.gov.ph) and open the Chatbot REVIE.
2. Select “LOA Verifier” from the menu.
3. Enter your Taxpayer Name, TIN, and the LOA Case Number found on the document.
4. Submit and get an instant result!

What if the LOA is “NOT FOUND”?
If the chatbot can’t find your LOA, don’t worry! You can request manual verification by sending an email with a copy of the LOA to [email protected]. The BIR Assessment Service will validate it and respond within three (3) working days.

This initiative enhances transparency and provides a secure way for taxpayers to confirm audit activities. Stay informed and protected!

22/01/2026

ATTENTION: Important Update for Corporations from the SEC!

The Securities and Exchange Commission (SEC) has released Memorandum Circular No. 6, Series of 2026, which expands the use of a notarized Subscription Contract for companies increasing their capital stock.

Here are the key takeaways:

Simplified Capital Increases

The previous P50 Million threshold for paid-up capital increases has been REMOVED. Now, corporations can submit a notarized Subscription Contract instead of a Special Audit Report for cash subscriptions, regardless of the amount. This simplifies the process for increasing authorized capital stock.

What does this mean for you?

For most private corporations, this change streamlines the process of infusing more capital, making it faster and more efficient. Instead of a costly and time-consuming special audit, a simple notarized contract will suffice.

Who still needs a Special Audit Report?

The requirement for a Special Audit Report still applies to:
• Listed companies
• Public companies
• Companies that offer or sell securities to the public
• Companies with secondary licenses

This initiative is part of the SEC’s commitment to improving regulatory efficiency and promoting ease of doing business in the Philippines.