YRA Business Solutions Corp.

YRA Business Solutions Corp. We provide a broad range of accounting outsourcing/offshoring services and business solutions. Australia and USA).

YRA Outsourcing and Business Solutions provides a broad range of business solutions to our local (Philippines) and foreign clients (i.e. These includes Offshore Staffing, Outsourcing of Accounting, Bookkeeping, Tax Compliances, Payroll Services, Digital Marketing, Accounting System Support, Human Resource and Recruitment, Business Registrations, and other management consultancy to clients in a ran

ge of industries. Our team composed of certified accountants from Philippines and has tax certifications from Australia. We started as an home-based offshore accountants directly hired by an Australian Accounting Firm and handles Philippine clients since 2014. With the PH and AU accounting and compliance experiences gained for over 5 and 2 years, respectively, our team have formally established the company in year 2016. Due to high demand in offshore and outsource staffing of accountants and non-accountants, we have opened our offices in Makati (Ayala and Paseo De Roxas) and Taguig (Bonifacio Global City) to meet the demand of our clients and standardize our policies and procedures.

PLANNING TO USE YOUR PERA TAX CREDIT CERTIFICATE?Under RMC No. 94-2026, the procedure for claiming a PERA tax credit dep...
14/08/2026

PLANNING TO USE YOUR PERA TAX CREDIT CERTIFICATE?

Under RMC No. 94-2026, the procedure for claiming a PERA tax credit depends on your contributor classification:

Employees earning purely compensation income
The employer applies the PERA Tax Credit Certificate during the annual year-end adjustment in computing the employee’s net withholding tax due.

Self-employed individuals and business taxpayers
The credit must be indicated in the applicable tax return as a deduction from tax due. The taxpayer must state “5% PERA TCC” under the appropriate “Other Tax Credits/Payments” field and comply with the applicable electronic filing and attachment requirements.

Overseas Filipino contributors
The credit must likewise be properly reported in the applicable return, with the required certificate and proof of electronic filing or payment submitted through the prescribed channel.

The concerned Revenue District Office may validate the certificate through its QR code or the BIR ePERA System. Once validated, the certificate will be tagged as “CLAIMED.” Using a spurious or invalid certificate may result in collection of the tax deficiency and possible criminal liability.

Review your documents carefully before filing and make sure your PERA Tax Credit Certificate is valid, authentic, and properly reported.

From receiving to releasing: BIR documents will now have a clearer digital trail.Under RMO No. 21-2026, physical documen...
14/08/2026

From receiving to releasing: BIR documents will now have a clearer digital trail.

Under RMO No. 21-2026, physical document transfers must correspond with the document’s transfer and status updates in the DTMS. The system records important details such as the responsible office, person responsible, action taken, release date, and current status.

Document aging will also be monitored to help ensure that documents are processed within the prescribed 15-day allowable period.

By establishing clear responsibilities for receiving officers, processors, heads of office, and releasing officers, the DTMS promotes greater accountability, traceability, and efficiency in internal BIR document handling.

14/08/2026

A BIR audit is easier to manage when your records are already organized.

Before responding to an examination, review your Letter of Authority and BIR notices, tax returns, books of accounts, sales invoices, purchase and expense documents, withholding records, VAT or percentage tax filings, financial statements, contracts, and proof of tax payments.

More importantly, make sure the numbers across these records are consistent. If there are differences, prepare a clear reconciliation and supporting explanation before submitting documents.

Good audit preparation is not about creating new records it is about understanding and organizing the records your business already has.

Read the full guide here: https://www.aureadalaw.com/post/documents-you-should-prepare-before-a-bir-audit-in-the-philippines

13/08/2026

Receiving a BIR audit notice does not mean you should immediately turn over every company document requested by anyone who identifies as a BIR officer.

Start by reviewing the Letter of Authority.

Check the taxpayer named in the LOA, the taxable period covered, the officers authorized to conduct the examination, and whether the persons requesting your records match that authority.

This does not mean refusing a legitimate audit. It means exercising proper diligence while cooperating with the BIR.

Verify first. Document your submissions. Respond properly.

Read the full guide here:https://www.aureadalaw.com/post/myth-vs-fact-can-any-bir-officer-audit-your-business-in-the-philippines

BIR Reinforces the Campaign Against Fixers and Red TapeThe BIR has issued RMC No. 092-2026, circularizing the Anti-Red T...
12/08/2026

BIR Reinforces the Campaign Against Fixers and Red Tape

The BIR has issued RMC No. 092-2026, circularizing the Anti-Red Tape Authority’s revised campaign against fixers and its Client Satisfaction Measurement program.

Under the revised guidelines, government agencies are expected to strengthen public awareness against fixing and prominently display official anti-fixing and client feedback materials.

For taxpayers and the general public, the message is clear: government transactions should follow official procedures not shortcuts offered in exchange for money or favors.

Help promote transparent, accountable, and efficient government service by using authorized channels and reporting suspected fixing activities.

BIR Clarifies the 20% Early Withdrawal Penalty on PERAThinking of withdrawing funds early from your Personal Equity and ...
12/08/2026

BIR Clarifies the 20% Early Withdrawal Penalty on PERA

Thinking of withdrawing funds early from your Personal Equity and Retirement Account (PERA)? The BIR has issued RMC No. 091-2026 to clarify how the Early Withdrawal Penalty or EWP should be computed.

For an unqualified early withdrawal, the 20% penalty is imposed only on the gross income earned attributable to the PERA assets actually withdrawn not automatically on the entire PERA account. Recovery of any 5% tax credit previously availed of on the withdrawn assets may also apply.

The circular also clarifies that proceeds from the sale of PERA investments that remain within the PERA custody account for reinvestment are not considered an early withdrawal.

Before making an early withdrawal, understand whether it is qualified or unqualified and how the tax consequences may affect your retirement savings.

12/08/2026

Would your business be ready if the BIR reviewed your records today?

A strong audit preparation starts with checking whether your returns, books, invoices, financial statements, and supporting documents match.

Business owners should also review withholding taxes, deductible expenses, VAT records, related-party transactions, and unusual year-end adjustments.

If there are differences, understand and document them before responding to the BIR.

The best time to prepare for a tax audit is before one begins.

Read the full guide here:https://www.aureadalaw.com/post/bir-audit-checklist-for-business-owners-in-the-philippines

11/08/2026

Starting a corporation or partnership? Prepare your company name requirements before submitting your SEC application.

You may need to provide your proposed name, business activity, primary purpose, applicant information, incorporation documents, and other supporting details.

Names involving regulated industries, special terms, or certain professional activities may require additional clearance or endorsement from the appropriate authority.

Remember: a name being available does not always mean it will automatically be approved.

Read the full guide here:https://www.aureadalaw.com/post/documents-commonly-needed-for-sec-company-name-registration-in-the-philippines

11/08/2026

One missed tax deadline may seem like a small mistake, but waiting too long can make it more expensive.

Depending on the circumstances, late compliance may involve surcharge, interest, compromise penalties, and unpaid basic tax.

Businesses should also remember that filing and payment are separate obligations. Filing a return without settling the corresponding amount may still leave an outstanding tax liability.

The sooner the issue is reviewed and corrected, the easier it is to manage.

Read the full guide here:https://www.aureadalaw.com/post/what-happens-if-you-miss-a-bir-filing-deadline-in-the-philippines

11/08/2026

A Final Assessment Notice, demand letter, or collection notice does not automatically mean criminal charges are coming.

Most tax assessments begin as civil matters. The BIR first determines what it believes is due and may pursue collection if the liability becomes enforceable.

Criminal risk usually arises when there is evidence of willful tax evasion, deliberate non-filing, false records, hidden income, or intentional failure to remit taxes.

The best response is early action: review the notice, preserve your records, check the deadlines, and get professional advice before the issue becomes more serious.

Read the full guide here:
https://www.aureadalaw.com/post/can-you-be-arrested-for-unpaid-taxes-in-the-philippines-legal-reality-explained

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Cityland 10, Tower 1, 156 H. V. Dela Costa Street, Corner Ayala Avenue, Salcedo Village
Makati
1227

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