02/01/2026
𝐍𝐞𝐰 𝐘𝐞𝐚𝐫 = 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐂𝐨𝐬𝐭𝐬 & 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐟𝐨𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐎𝐰𝐧𝐞𝐫𝐬
Unfortunately, that’s the reality of running a business. After gastos sa Christmas bonuses ng staff noong December, January comes with renewals, reports, and tax compliances.
But this is all part of doing business and proof that your business is moving forward and growing 📈
Aside from the 4th Quarter tax compliances (Percentage Tax / VAT), here are 𝘀𝗼𝗺𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗮𝗱𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝘆𝗲𝗮𝗿-𝗲𝗻𝗱 𝗮𝗻𝗱 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲𝘀 𝗳𝗼𝗿 𝟮𝟬𝟮𝟱:
📌 Additional 2025 Year-End & January Compliances
1️⃣ 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗣𝗲𝗿𝗺𝗶𝘁 𝗥𝗲𝗻𝗲𝘄𝗮𝗹
- Renewable every January at the municipality/city hall where your business is located.
🗓 Deadline: January 20, 2026 as per LGC (but most municipality/city halls ay nagbibigay ng extensions - na I think dapat lang dahil madalas hindi sapat ang 20 days for business owners to complete all January renewals)
2️⃣ 𝗔𝗻𝗻𝘂𝗮𝗹 𝗜𝗻𝗰𝗼𝗺𝗲 𝗧𝗮𝘅 𝗥𝗲𝘁𝘂𝗿𝗻 (𝗜𝗧𝗥)
- Applicable to all taxpayers
🗓 Deadline: April 15, 2026
📎 Filed together with the Financial Statements
3️⃣ 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀 – 𝗨𝗻𝗮𝘂𝗱𝗶𝘁𝗲𝗱
- Usually for NON-VAT taxpayers using Itemized Deduction for taxable year 2025
- Includes BMBE-registered businesses with ₱3M and below annual gross sales
4️⃣ 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀 – 𝗔𝘂𝗱𝗶𝘁𝗲𝗱
- Required for VAT-registered taxpayers with ₱3M and above gross sales for 2025
- Must be signed by an Accredited CPA
5️⃣ 𝗦𝘂𝗯𝗺𝗶𝘀𝘀𝗶𝗼𝗻 𝗼𝗳 𝗦𝘄𝗼𝗿𝗻 𝗗𝗲𝗰𝗹𝗮𝗿𝗮𝘁𝗶𝗼𝗻
a. Online Sellers
🗓 Deadline: January 20, 2026
- To be exempt from withholding tax, provided gross sales do not exceed ₱500,000
- Submit Sworn Declaration (Annex) to the BIR then submit the same to online platforms
b. Self-Employed Professionals
🗓 Deadline: January 15, 2026
- For those with income payor/s to be submitted to employers
- To be subject to 5% withholding tax instead of 10%
6️⃣ 𝗦𝘂𝗯𝗺𝗶𝘀𝘀𝗶𝗼𝗻 𝗼𝗳 𝗜𝗻𝘃𝗲𝗻𝘁𝗼𝗿𝘆 𝗟𝗶𝘀𝘁
📅 Deadline: On or before January 30
- With prescribed Excel template and BIR Annex
❗ Note: These are just "some" additional compliances that may or may not be applicable to you at maaring may dagdag pa na wala dito. So better consult an accountant to make sure your annual compliances are complete.
👉 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝗢𝗳𝗳𝗲𝗿𝗲𝗱
- We provide services for these compliance, just message us to reserve your slot!
