News & Updates
Read more about the latest news and updates on the industry policies and upcoming deadlines to ensure up-to-date coverage.
October 2022 Tax Calendar
With three months left in 2022, let’s end the year right by making sure that our taxes are in order and that our requirements with the BIR are properly complied
Taxation for Work-From-Home Employees
The government-imposed lockdowns and safety restrictions brought by the pandemic pushed businesses to accommodate a remote work setup. This helped reduce the COVID cases significantly by decongesting the public transportation
Updating of Records in the Online Registration and Update System (ORUS)
On August 22, 2022, the Bureau of Internal Revenue (BIR) issued a Revenue Memorandum Circular (RMC) No. 122-2022 informing the taxpayers about the launch of ORUS. In line with the
September 2022 Tax Calendar
Beginning your tax preparations early helps you avoid the headache of last-minute stress over receipts and required paperworks. Get them done soon using this tax calendar we’ve prepared to guide
BIR launches the Electronic Invoicing/Receipting System (EIS)
Are you ready to digitalize your sales system? With the pilot date of July 2022, Bureau of Internal Revenue (BIR) was set to implement the Electronic Invoicing/Receipting System (EIS). Launched
BIR Rescinds 5-Year Validity of Receipts
The Bureau of Internal Revenue (BIR) has recently issued Revenue Regulations (RR) No. 6-2022, which removes the five-year validity period on all manual and system-generated receipts/invoices effective July 16, 2022.