Category: Guidelines

Guidelines

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.

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Guidelines

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,

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Guidelines

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

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