News & Updates
Read more about the latest news and updates on the industry policies and upcoming deadlines to ensure up-to-date coverage.
Year-End Payroll Adjustments
Every year end, employers are reminded to carry out their year-end payroll adjustments for compliance with the existing withholding tax regulations. These adjustments, also called tax annualization, are performed to
Taxable and Non-Taxable Bonuses in the Philippines
With the upcoming holiday season, It is definitely the season to be jolly as we await our 13th month pay and other Christmas bonuses. But before we get excited about
December 2022 Tax Calendar
As taxpayers, we should know that taxes do not take a vacation even with the holiday rush. Make this Christmas season your merriest one yet by filing and paying your
New offline eBIRforms v7.9.3
On September 28, 2022, the Bureau of Internal Revenue (BIR) released the Memorandum Revenue Circular (RMC) 131-2022 notifying the Taxpayers with the release of new offline eBIRforms package version 7.9.3.
Taxation of Passive Income
Passive income includes earnings from investments and other ventures that require minimal supervision or effort such as income generated from interests, dividends, royalties, and payments from rental property. While it’s
November 2022 Tax Calendar
Don’t let the horrors of late-filing penalties and interest charges haunt you past the Halloween season. To avoid these hefty fines, here’s a tax calendar you can use to ensure
