FSR Tax and Accounting Services

21/08/2026

Happy Anniversary FSR... Thanks James for your warmth Message..

20/08/2026

Today, we honor the legacy of Benigno "Ninoy" Aquino Jr., whose unwavering courage became a symbol of hope and democracy. May his sacrifice remind us that every Filipino has the power to create positive change through integrity, unity, and patriotism.

19/08/2026

Notice of Postponement and Rescheduling of Procurement Activities
Invitation to Bid No. 2026-37 and Request for Quotation No. 2026-92

Due to the recommendation of the National Disaster Risk Reduction and Management Council to implement work from home arrangement in government offices in anticipation of the continued heavy rainfall, notice is hereby issued to inform all bidders and observers of the postponement and new schedule of the following:

(See photo below)

This notice of postponement is being issued in compliance with Section 58 of the Implementing Rules and Regulations of Republic Act No. 12009.

For further inquiries, you may contact the PRC-CO BAC Secretariat at [email protected].

Please be guided accordingly.

For full details, kindly visit the PRC official website:
https://www.prc.gov.ph/procurement-page

(END)

19/08/2026

We're OPEN on 19 August 2026

In compliance with Memorandum Circular No. 129 issued by the Office of the President, Pag-IBIG Fund will adopt appropriate alternative work arrangements on 19 August 2026 due to continuous heavy rainfall associated with the Southwest Monsoon.

Our branches in the following areas will remain OPEN to serve members:

📍National Capital Region
📍Abra
📍Bataan
📍Batangas
📍Benguet
📍Bulacan
📍 Cavite
📍Ilocos Sur
📍La Union
📍 Laguna
📍Nueva Ecija
📍Occidental Mindoro
📍 Pampanga
📍 Pangasinan
📍 Rizal
📍 Tarlac
📍Zambales

Enjoy the convenience of our online services!

📱Download or update to the latest version of the Virtual Pag-IBIG Mobile App on Google Play or the Apple App Store.

💻 On the web, visit www.pagibigfundservices.com/virtualpagibig.

For concerns and assistance:

☎️ Dial 8PAGIBIG (8-724-4244)
📧 Email [[email protected]](mailto:[email protected])
💬 Chat with us at www.pagibigfund.gov.ph

19/08/2026

📣 𝗦𝗘𝗖 𝗣𝗿𝗼𝗽𝗼𝘀𝗲𝘀 𝗥𝘂𝗹𝗲𝘀 𝗼𝗻 𝗠𝗮𝗿𝗸𝗲𝘁 𝗠𝗮𝗸𝗶𝗻𝗴

The Securities and Exchange Commission (SEC) informs the public that, in its meeting held on 13 August 2026, the Commission En Banc resolved to expose for public comment the draft Memorandum Circular on the Proposed SEC Rules on Market Making.

The proposed rules seek to establish a regulatory framework for market making in the Philippines, consistent with the mandates of the Securities Regulation Code (SRC) and aligned with international best practices. Market making mechanisms are widely recognized for enhancing market liquidity, improving price discovery, and supporting capital formation while promoting fair, efficient, and orderly markets.

The SEC invites all interested parties to submit their comments, suggestions, and recommendations on the proposed draft Memorandum Circular.

📩 Written comments may be submitted on or before 28 August 2026 via email at [email protected] with the subject line:

"COMMENTS ON THE PROPOSED SEC RULES ON MARKET MAKING"

Read the full notice: https://www.sec.gov.ph/notice-rfc/request-for-comments-on-the-draft-memorandum-circular-of-the-sec-rules-on-market-making-2/ .tab=0

19/08/2026

Museo BSP Advisory - 19 August 2026

17/08/2026

In compliance with Memorandum Circular No. 126 issued by the Office of the President, Pag-IBIG Fund will adopt alternative work arrangements on 14 August 2026 due to continuous heavy rainfall associated with the Southwest Monsoon.

Our branches in these areas will remain OPEN and shall operate with a skeleton workforce:

📍National Capital Region
📍Zambales
📍Bataan
📍Bulacan
📍Pampanga
📍Tarlac
📍Nueva Ecija
📍Cavite
📍Batangas
📍Rizal
📍Laguna
📍Quezon
📍Occidental Mindoro

Our services are also available online.
Download or update to the latest version of the Virtual Pag-IBIG Mobile App on Google Play or the Apple App Store. On the web, go to www.pagibigfundservices.com/virtualpagibig.

For concerns and assistance, our contact channels are open:

☎️ Dial 8PAGIBIG (8-724-4244)
📧 Email [email protected]
💬 Chat with us at www.pagibigfund.gov.ph

17/08/2026

𝗕𝗜𝗥 𝗦𝗧𝗥𝗘𝗡𝗚𝗧𝗛𝗘𝗡𝗦 𝗣𝗘𝗥𝗔 𝗥𝗨𝗟𝗘𝗦 𝗧𝗢 𝗣𝗥𝗢𝗧𝗘𝗖𝗧 𝗥𝗘𝗧𝗜𝗥𝗘𝗠𝗘𝗡𝗧 𝗦𝗔𝗩𝗜𝗡𝗚𝗦, 𝗦𝗨𝗣𝗣𝗢𝗥𝗧 𝗜𝗡𝗩𝗘𝗦𝗧𝗢𝗥 𝗙𝗟𝗘𝗫𝗜𝗕𝗜𝗟𝗜𝗧𝗬

The Bureau of Internal Revenue (BIR), through Revenue Memorandum Circular No. 91-2026 issued on August 11, 2026, clarified the rules on early withdrawals from Personal Equity and Retirement Accounts (PERA), providing clearer and fairer tax treatment while preserving PERA as a long-term retirement savings vehicle.

Under RMC No. 91-2026, the 20% Early Withdrawal Penalty (EWP) applies only to the gross income earned attributable to PERA assets actually withdrawn. Income, unrealized gains, and other PERA assets that remain invested are excluded from the penalty base. Proceeds from the sale or redemption of PERA investments that remain within the PERA custody account for reinvestment are likewise not considered an early withdrawal.

“Simply put, you can manage one part of your PERA without unnecessarily exposing the rest of your retirement portfolio to the early-withdrawal penalty. This gives investors more flexibility and greater certainty in managing their retirement savings,” Commissioner Charlito Martin R. Mendoza said.

For partial withdrawals, the EWP applies only to the income attributable to the portion actually withdrawn. The investor’s other PERA sub-accounts and investments remain unaffected.

“For investors, this means withdrawing from one part of your PERA will not unnecessarily affect the rest of your portfolio. The remaining PERA investments stay intact, while the 20% early-withdrawal penalty and the recovery of the 5% tax credit apply only to the assets actually withdrawn,” Commissioner Mendoza said.

The RMC further clarifies the scope of PERA tax exemptions. Taxes not expressly covered by the PERA exemptions—including stock transaction tax, value-added tax, documentary stamp tax, applicable percentage taxes—continue to apply under existing law. PERA administrators remain responsible for computing, withholding, reporting, and remitting the applicable EWP.

The clarification forms part of the BIR's taxpayer-centric approach to reform under BIR DARES, particularly its push for clearer rules, more predictable tax administration, and improved taxpayer service.

“This is consistent with the direction of President Ferdinand R. Marcos Jr. and Finance Secretary Frederick Go to improve the ease of doing business and strengthen investor confidence. Under BIR DARES, we are reviewing our rules with a taxpayer-centric approach—clarifying requirements, removing unnecessary uncertainty, and making tax administration more predictable,” Commissioner Mendoza said.

Read the full Revenue Memorandum Circular here:https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2091-2026%20corrected.pdf

17/08/2026

Maraming Salamat, JRS Express! 🚚🤝

We are deeply grateful to JRS Business Corporation for its pledge of support to the DTI Supply Chain and Logistics Center, strengthening our shared commitment to MSMEs nationwide.

As shared by Mr. Antonio Claparols, President of JRS Business Corporation, JRS has always been driven by a simple commitment to serve the Filipino people — making this partnership with DTI especially meaningful. All DTI-referred clients will receive white glove treatment from JRS Express, with focused service, better coordination, and special rates to help ease the cost of doing business, further strengthening their shared mission of connecting the islands and helping Filipinos move forward.

With a partner like JRS Express on board, we're one step closer to a stronger, more connected Philippine supply chain.

17/08/2026