VAB Accounting

11/08/2026

10/08/2026

Alam Mo Ba na Maaaring Magparehistro ng Higit sa Isang Business Name para sa Magkakaibang Negosyo?

Kung ikaw ay nagpapatakbo o nagpaplanong magpatakbo ng iba't ibang uri ng negosyo, maaaring kailanganin ang hiwalay na Business Name (BN) Registration para sa bawat natatanging negosyo.

✔️ Isang Business Name, Isang Negosyo
Ang bawat rehistradong business name ay nakatali sa isang partikular na linya ng negosyo o business activity.

✔️ Magkakaibang Negosyo, Magkakaibang Registration
Kung ang inyong mga negosyo ay may magkaibang pangalan at magkaibang line of business, kinakailangan ng hiwalay na BN Registration para sa bawat business name.

✔️ Siguraduhing Tama ang Impormasyon
Sa pagpaparehistro, tiyaking tama at naaayon ang business activity o line of business na ilalagay upang maiwasan ang anumang abala sa inyong negosyo.

💡 Tandaan:
Ang Business Name Registration ay nagbibigay lamang ng karapatang gamitin ang rehistradong business name sa napiling territorial scope. Maaaring kailanganin pa rin ang iba pang permits, licenses, at registrations depende sa uri ng negosyong inyong isasagawa.

Ang tamang pagpaparehistro ay mahalagang hakbang tungo sa maayos at legal na operasyon ng inyong mga negosyo.

Start your negosyo journey today —
Register online with BNRS at bnrs.dti.gov.ph

10/08/2026

07/08/2026

Alam Mo Ba ang Proseso ng Business Name Cancellation?

Kung hindi na ginagamit ang inyong rehistradong business name, maaari itong ipa-cancel sa DTI upang maging maayos at updated ang inyong business name records.

✔️ Ano ang Business Name Cancellation?
Ito ay ang proseso ng boluntaryong pagpapakansela ng inyong rehistradong business name sa DTI kapag ito ay hindi na ginagamit o nais nang itigil ng may-ari.

✔️ Kailan Maaaring Magpa-Cancel?
• Pagtigil ng operasyon ng negosyo
• Hindi na paggamit ng rehistradong business name
• Paglipat sa ibang business structure o registration

✔️ Sino ang Maaaring Mag-request?
Tanging ang business name owner o kanyang awtorisadong kinatawan lamang ang maaaring magsumite ng request para sa cancellation.

💡 Tandaan:
Ang pagkansela ng business name registration ay hindi awtomatikong nagkakansela ng iba pang permits o registrations gaya ng Mayor's Permit, BIR Registration, o iba pang licenses. Kinakailangang makipag-ugnayan din sa mga kaukulang ahensya para sa kanilang cancellation procedures.

Panatilihing updated ang inyong business records upang maiwasan ang anumang abala sa hinaharap.

Start your negosyo journey today —
Register online with BNRS at bnrs.dti.gov.ph

05/08/2026

𝗕𝗜𝗥 𝗘𝗫𝗣𝗔𝗡𝗗𝗦 𝗟𝗜𝗦𝗧 𝗢𝗙 𝗩𝗔𝗧-𝗘𝗫𝗘𝗠𝗣𝗧 𝗠𝗘𝗗𝗜𝗖𝗜𝗡𝗘𝗦 𝗧𝗢 𝗘𝗔𝗦𝗘 𝗛𝗘𝗔𝗟𝗧𝗛𝗖𝗔𝗥𝗘 𝗖𝗢𝗦𝗧𝗦 𝗙𝗢𝗥 𝗙𝗜𝗟𝗜𝗣𝗜𝗡𝗢𝗦

As part of the government’s continuing efforts to make healthcare more accessible and affordable, the Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 87-2026, publishing the updated list of Value-Added Tax (VAT)-exempt medicines endorsed by the Food and Drug Administration (FDA) pursuant to Republic Act No. 10963 (TRAIN Law) and Republic Act No. 11534 (CREATE Act).

The issuance supports President Ferdinand R. Marcos Jr.’s directive during his 2026 State of the Nation Address (SONA) to expand access to quality healthcare by reducing the cost of essential medicines.

BIR Commissioner Charlito Martin R. Mendoza emphasized the Bureau’s commitment to implementing tax policies that directly improve the lives of Filipinos.

“The Bureau remains steadfast in implementing tax policies that directly benefit our people. By expanding the list of VAT-exempt medicines, we are helping make essential healthcare more affordable while supporting the President’s vision of a healthier and more resilient Philippines,” Commissioner Mendoza said.

With the latest update, the number of VAT-exempt medicines has increased to 2,277, including 14 newly added medicines. The expanded coverage helps reduce out-of-pocket medical expenses, particularly for Filipinos undergoing long-term treatment for chronic and life-threatening illnesses.

The updated list now covers medicines used in the treatment of:

* Cancer – 708 medicines

* Hypertension – 537 medicines

* Diabetes – 331 medicines

* Mental Illness – 300 medicines

* High Cholesterol – 172 medicines

* Kidney Disease – 152 medicines

* Tuberculosis – 77 medicines

Every peso saved through the VAT exemption helps families continue treatment, purchase essential medicines, and better manage their daily needs.

By making healthcare more affordable, the government also supports better treatment outcomes and improves the quality of life of millions of Filipinos.

While the Bureau continues to fulfill its mandate of generating revenues for national development, it likewise ensures that the tax system delivers meaningful and tangible benefits to the Filipino people.

For more information, you may access:

Revenue Memorandum Circular No. 87-2026
https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2087-2026_redacted.pdf

Updated Full List of VAT-Exempt Medicines (Annex A)
https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%2087-2026%20Annex%20A%20(6).pdf

30/07/2026

23/07/2026

𝗕𝗜𝗥 𝗘𝗫𝗣𝗔𝗡𝗗𝗦 𝗘𝗟𝗘𝗖𝗧𝗥𝗢𝗡𝗜𝗖 𝗧𝗔𝗫 𝗖𝗟𝗘𝗔𝗥𝗔𝗡𝗖𝗘 𝗦𝗬𝗦𝗧𝗘𝗠 𝗧𝗢 𝟭𝟵 𝗥𝗘𝗩𝗘𝗡𝗨𝗘 𝗥𝗘𝗚𝗜𝗢𝗡𝗦; 𝗲𝗧𝗖𝗦 𝗡𝗢𝗪 𝗔𝗩𝗔𝗜𝗟𝗔𝗕𝗟𝗘 𝗡𝗔𝗧𝗜𝗢𝗡𝗪𝗜𝗗𝗘

The Bureau of Internal Revenue (BIR) advises taxpayer-applicants that the Electronic Tax Clearance System (eTCS) is now available to taxpayers registered under Revenue Regions (RRs) Nos. 1 to 19, pursuant to Revenue Memorandum Circular (RMC) No. 76-2026 issued on July 9, 2026. The web-based system enables taxpayers to conveniently apply for, pay, and download their Tax Clearance Certificate (TCC) online.

In line with the Bureau's Digital Transformation (DX) Roadmap, the eTCS streamlines the tax clearance application process by allowing taxpayers to register, submit documentary requirements, monitor the status of their applications, pay certification and documentary stamp fees online, and download their Tax Clearance Certificates.

The system covers applications for Tax Clearance for Bidding Purposes (TCBP), Tax Clearance for General Purposes (TCGP), Tax Compliance Verification Certificate (TCVC), and Delinquency Verification Report (DVR), subject to the applicable requirements and purposes prescribed by the Bureau.

The issuance supports the Bureau's Digital and Data Transformation and Service Excellence and Stakeholder Engagement initiatives under its DARES reform agenda by expanding digital services, simplifying tax compliance, and providing taxpayers with faster, more convenient, and accessible tax clearance services. Taxpayer-applicants are encouraged to refer to the eTCS User's Manual, which is available through the eTCS homepage.

For the full text of RMC No. 76-2026, visit the BIR website or access the Circular through this link: https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2076-2026_redacted.pdf?fbclid=IwY2xjawTOuu1leHRuA2FlbQIxMABicmlkETFuT25ieWdCWVJOaU5zUnlTc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHmQNeapEZcYF7WzhrFtXHJu3HNGQ4DsaIhfiKcwSa8oL4BZUvh3nLH-P_fzi_aem_O_UVTkRTypl9y-zoJdiUhg