Ber Months is coming! — As we start our countdown for the holidays, we’re reminding you of the tax forms that you need to comply this September of 2018 using our tax software. With JuanTax, you don’t have to download and install other tax applications. All you need to do is generate, enter transactions, file…
August 29, 2018 — Small and medium businesses (SMEs) can now use their existing invoices and receipts as non-VAT, in accordance with the new Revenue Regulation that was released by the Bureau of Internal Revenue last August 10, 2018. Flickr (Camilo Rueda López) SMEs Reclassified as Non-VAT Due to TRAIN One of the most notable…
The struggle for a fair tax system hangs in the balance as the public awaits for the TRAIN Package 2 to get signed by his excellency, President Rodrigo Duterte — based on the excerpts of his SONA speech last Monday, July 23, 2018. July 30, 2018 — It’s been a week since President Rodrigo Duterte…
Tax preparation and filing might not be the most wonderful time of the year for business owners in the Philippines. Imagine the hustle and bustle that business owners go through dealing with downloading and attachments of government requirements to make ends meet instead of focusing on the business side and growing their experience. But how…
May 9, 2018 — Wednesday — Weeks after the arrival of eBIRForms Package version 7, the Bureau of Internal Revenue released version 7.1 of their application today. About EBIRForms Package 7.1 The updated version of the eBIRForms package was released to introduce new forms such as 0619-E and 0619-F, as mentioned in Revenue Regulations No.…
April 25, 2018 — The Bureau of Internal Revenue (BIR) released an upgraded version of their Alphalist Data Entry in the downloadable section of their website. What is Alphalist Data Entry? The Alphalist Data Entry is a downloadable application created by the BIR which was designed to help taxpayers in preparing the Alphalist of Payees…
A new version of the eBIRForms package is now available and can already be downloaded within the BIR’s website. With lots of buzz echoing within this new version of the software, we sneaked right in and tried this one ourselves. In this review we will share everything you need to know about eBIRForms Package version…
April 12, 2018 — Thursday — The Bureau of Internal Revenue (BIR) released eBIRForms Package v.7, and along with this upgraded version are forms that would further accommodate filers when it comes to complying with tax requirements. New/Updated Tax Forms Available Aside from all the other familiar forms present during its previous release, the new…
The Bureau of Internal Revenue (BIR) reminded taxpayers to submit their Income Tax Returns (ITRs) for 2017 sooner than its expected deadline which is April 16, 2018 (Monday) to avoid penalties in late filing. As You Know… The deadline for filing of Income Tax Returns would supposedly take place every April 15, following the close…
March 20, 2018 — Wednesday — The deadline for changing of status from VAT to Non-VAT was moved from March 31 to March 30 (Friday). In Case You’ve Missed It As mentioned in a tax advisory sent out by the BIR (Bureau of internal Revenue), self-employed individuals and/or professionals with gross sales/receipts not exceeding the…
