News & Updates
Read more about the latest news and updates on the industry policies and upcoming deadlines to ensure up-to-date coverage.
Extension of Deadlines on Letters or Correspondence
Due to the declaration of ECQ and MECQ in NCR and other areas of the country, the BIR has issued Revenue Memorandum Circular (RMC) No. 92-2021 which extends the deadline
New Rule on Withholding Tax on Sale to Government
One of the changes brought by the Tax Reform for Acceleration and Inclusion (TRAIN) Act is the amendment to National Internal Revenue Code (NIRC) Section 114(C) on the treatment for
February 2021 BIR Deadlines
Mark your calendars because the date is just around the corner. Here are some reminders and guidelines we’ve prepared to help you with your tax filing for the month of
New SSS Contribution Table
New SSS Contributions Table effective January 2021. In pursuant to Republic Act No. 11199 or the Social Security Act of 2018, SSS contribution was increased to 13%, a 1% increase
January 2021 BIR Deadlines
Jan 11 e-Filing of 1601C (eFPS Group E) Jan 12 e-Filing of 1601C (eFPS Group D) Jan 13 e-Filing of 1601C (eFPS Group C) Jan 14 e-Filing of 1601C (eFPS
Conversion of Corporation
The Securities and Exchange Commission (SEC) recently released Memorandum Circular (MC) No. 27-2020 to guide corporations under (or with potential to be under) conversion from Ordinary Stock Corporation (OSC) to
