FORM 2551Q

What is this form?

BIR Form 2551Q, or also known as Quarterly Percentage Tax Return are taxes imposed on individuals/businesses who sells/lease goods or services which are exempted from Value Added Tax (VAT) with annual sales not exceeding 3,000,000 PHP.

Currently, the updated version of this form comes with additional ATCs (Alphanumeric Tax Code) such as PT010, PT040 and many others.

Who needs to file?

  • Taxpayers who are VAT-exempt with annual revenues not more than 3,000,000.00 (PHP).
  • Financial institutions such as banks, finance companies, agents of life insurance companies (foreign), and any related financial intermediaries.
  • Franchisees of gas/water utilities , radio/TV broadcasting with revenue not more than ten(10) million pesos.
  • Domestic and international air/shipping carriers.

When to file?

Under Republic Act No. 10963, also known as the Tax Reform for Acceleration and Inclusion (also known as TRAIN Law), 2551Q forms shall be filed every 25th day after the taxable quarter.

Please take note that your tax forms will be sent electronically to the BIR until 9pm. Any forms that will be sent beyond that filing deadline will be transmitted within the next business day.

How to file?

To get started, you may visit this article from our Help Centre, for you to learn the step by step process in filing this return.

Once you have filed your return in JuanTax, you will receive an email both in your (1) JuanTax inbox and (2) Your registered email inbox. Just like any eBIR submissions, date and time of reply is based upon the extent of BIR once they have finished examining the return.

What is this form?

BIR Form 2551Q, or also known as Quarterly Percentage Tax Return are taxes imposed on individuals/businesses who sells/lease goods or services which are exempted from Value Added Tax (VAT) with annual sales not exceeding 3,000,000 PHP.

Currently, the updated version of this form comes with additional ATCs (Alphanumeric Tax Code) such as PT010, PT040 and many others.

Who needs to file?

  • Taxpayers who are VAT-exempt with annual revenues not more than 3,000,000.00 (PHP).
  • Financial institutions such as banks, finance companies, agents of life insurance companies (foreign), and any related financial intermediaries.
  • Franchisees of gas/water utilities , radio/TV broadcasting with revenue not more than ten(10) million pesos.
  • Domestic and international air/shipping carriers.

When to file?

Under Republic Act No. 10963, also known as the Tax Reform for Acceleration and Inclusion (also known as TRAIN Law), 2551Q forms shall be filed every 25th day after the taxable quarter.

Please take note that your tax forms will be sent electronically to the BIR until 9pm. Any forms that will be sent beyond that filing deadline will be transmitted within the next business day.

How to file?

To get started, you may visit this article from our Help Centre, for you to learn the step by step process in filing this return.

Once you have filed your return in JuanTax, you will receive an email both in your (1) JuanTax inbox and (2) Your registered email inbox. Just like any eBIR submissions, date and time of reply is based upon the extent of BIR once they have finished examining the return.