News & Updates
Read more about the latest news and updates on the industry policies and upcoming deadlines to ensure up-to-date coverage.
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.
August 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
Exemption from Wage Hike
In view of the increase in the daily minimum wage in NCR, Western Visayas, and Central Luzon, which took effect on June 4, 5, and 20, 2022, respectively, all establishments,