News & Updates
Read more about the latest news and updates on the industry policies and upcoming deadlines to ensure up-to-date coverage.
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,
Estate Tax Amnesty Deadline Extension
Under Republic Act No. 11213 or the “Tax Amnesty Act”, executors, administrators, legal heirs, or beneficiaries had two (2) years from the effectivity of the Implementing Rules and Regulations of
July 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
PhilHealth Rate to Increase Starting June 2022
The Philippine Health Insurance Corporation (PhilHealth) is set to collect higher premium contributions from its members beginning this June, in accordance with the Universal Health Care Act. Now at a
