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Pinalawig natin ang deadline ng filing ng 2025 Annual Income Tax Returns mula April 15 hanggang May 15, 2026. Mas may oras ang bawat taxpayer na makapag-file nang maayos, kasama ang lahat ng kailangang dokumento, at walang ipapataw na penalties.

Maaaring mag-file at magbayad sa pamamagitan ng BIR electronic platforms, o sa mga Authorized Agent Banks.

Ginawa natin ito para mas magaan ang pagbabayad ng bawat Pilipino, lalo na sa panahong ramdam ang pagtaas ng presyo ng langis. Tuloy-tuloy ang ating ginagawa para maibsan ang bigat sa araw-araw na buhay ng ating mga kababayan.

Extended to May 15,2026

The Bangko Sentral ng Pilipinas (BSP) has raised the amount of cash depositors can withdraw without additional requirements from ₱500,000 to ₱1 million.
The additional requirements – known as enhanced due diligence (EDD)–were first set in September 2025 to help fight money laundering (BSP Circular No. 1218, Series of 2025).
The revised rules (BSP Circular No. 1230, Series of 2026) streamline legitimate transactions while maintaining safeguards against higher-risk activity.
They also reiterate that EDD for large cash withdrawals is per customer—not per individual withdrawal.
Customers can withdraw more than P1 million without EDD if they do so electronically – which makes them traceable for anti-money laundering purposes.
Read the latest FAQs from the BSP to learn more.

Alam mo ba na baka qualified ka na maging isang Barangay Micro Business Enterprise (BMBE)?
Kung ang asset size ng business mo ay under three million pesos (hindi kasama ang lupa), para sa’yo 'to!
Huwag hayaang mapag-iwanan ang iyong negosyo.
Bakit nga ba kailangan mong mag-register?
✅ Tax Exemptions: Mas malaking take-home profit para sa pamilya at pang-expand!
✅Easy Registration: Pwedeng online, pwedeng walk-in sa DTI or Negosyo Centers.
✅Government Support: Mas madaling access sa programs and incentives.
Mapa-manufacturing ka man, trading, agro-processing, o services—welcome ka rito!
Para mag-register, bisitahin ang www.bmbe.dti.gov.ph

Alam mo ba na baka qualified ka na maging isang Barangay Micro Business Enterprise (BMBE)?

Kung ang asset size ng business mo ay under three million pesos (hindi kasama ang lupa), para sa’yo 'to!

Huwag hayaang mapag-iwanan ang iyong negosyo.

Bakit nga ba kailangan mong mag-register?
✅ Tax Exemptions: Mas malaking take-home profit para sa pamilya at pang-expand!
✅Easy Registration: Pwedeng online, pwedeng walk-in sa DTI or Negosyo Centers.
✅Government Support: Mas madaling access sa programs and incentives.

Mapa-manufacturing ka man, trading, agro-processing, o services—welcome ka rito!

Para mag-register, bisitahin ang https://bmbe.dti.gov.ph

The Securities and Exchange Commission (SEC) has officially transitioned to a digital-first approach for company monitoring. Effective February 2, 2026, all requests for Company Monitoring Clearance must be processed through the new eWatch Company Monitoring System.
Key Takeaways:
1. Full Online Integration: The system handles everything from creation to submission for One Person Corporations (OPCs), ordinary corporations, foundations, and more.
2. Portal Access: Applications can be made directly at https://ewatch.sec.gov.ph.
3. Pre-requisite: Authorized representatives must have an active and credentialed eSECURE account to request clearance.
This is a significant step toward more efficient corporate governance and faster processing times with SEC.
Source: SEC website

𝗕𝗜𝗥 𝗹𝗶𝗳𝘁𝘀 𝗮𝘂𝗱𝗶𝘁 𝘀𝘂𝘀𝗽𝗲𝗻𝘀𝗶𝗼𝗻, 𝗿𝗲𝗳𝗼𝗿𝗺𝗲𝗱 𝗮𝘂𝗱𝗶𝘁 𝗽𝗿𝗼𝗴𝗿𝗮𝗺 𝗹𝗮𝘂𝗻𝗰𝗵𝗲𝗱
The Bureau of Internal Revenue (BIR) today, January 27, released 𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗠𝗲𝗺𝗼𝗿𝗮𝗻𝗱𝘂𝗺 𝗖𝗶𝗿𝗰𝘂𝗹𝗮𝗿 𝟴-𝟮𝟬𝟮𝟲 for the resumption of all tax audit and field operations of the Bureau that were suspended under a previous order issued last November 2025. Alongside the RMC is the 𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗠𝗲𝗺𝗼𝗿𝗮𝗻𝗱𝘂𝗺 𝗢𝗿𝗱𝗲𝗿 𝗡𝗼 𝟭-𝟮𝟬𝟮𝟲 prescribing revised policies, controls, and procedures for tax audit and assessment following the lifting of the suspension imposed under RMC 107-2025 issued last November 2025.

TAMP and TWA: Definition and Differences

Taxpayer Account Management Program (TAMP)
The Taxpayer Account Management Program (TAMP) is a program managed by the Revenue District Office (RDO) responsible for at least 80% of the district's tax collection. TAMP taxpayers are strictly monitored for compliance with revenue rules and regulations, including the submission of required information returns and lists, and for significant changes in revenue payments.

Top Withholding Agent (TWA)
A Top Withholding Agent (TWA) is a taxpayer who is mandated to deduct and remit the 1% or 2% Creditable Withholding Tax (CWT) on income payments to local or resident suppliers of goods and services. The criteria for Bullet listidentifying TWAs include:
1. Existing large taxpayers under RR No. 1-1998, as amended
2. Top 20,000 private corporations under RR No. 6-2009
3. Top 5,000 individual taxpayers under RR No. 6-2009
4. Taxpayers identified and included as Medium Taxpayers or under the Taxpayer Account Management Program (TAMP).

Key Differences
1. TAMP is a program for monitoring and managing taxpayers, while TWA refers to a specific classification of taxpayers with specific obligations.
2. TAMP is not automatically equivalent to being a TWA. Taxpayers must meet specific criteria to be classified as a TWA, which includes being a TAMP taxpayer but also meeting other conditions.

In summary, TAMP is a program focused on monitoring and managing taxpayers, while TWA is a specific classification of taxpayers with specific obligations to withhold and remit taxes.

What are the criteria for identifying top withholding agents in RR 1. 31-2020 compared to RR 7-2019?
The key differences between Revenue Regulation (RR) No. 31-2020 and RR No. 11-2018 are:
1. RR 31-2020 further amends the criteria for identifying top withholding agents (TWAs) by lowering the gross sales/receipts or gross purchases thresholds to ₱12,000,000 for taxpayers in Groups A and B, and ₱5,000,000 for Groups C, D, and E. This is a reduction from the previous thresholds in RR 11-2018.
2. RR 31-2020 specifies that the obligation to withhold the 1% or 2% creditable withholding tax shall commence on the first day of the month following the month of publication of the list of top withholding agents. This timing was not explicitly stated in RR 11-2018.
3. RR 31-2020 clarifies that taxpayers classified as top withholding agents prior to its effectivity shall remain as such until they fail to satisfy the criteria and are duly published as delisted. This provides continuity from RR 11-2018.

In summary, the main changes introduced by RR 31-2020 compared to RR 11-2018 are the lowered thresholds for identifying TWAs, the specified timing for withholding obligations, and the clarification on the status of existing TWAs.

After the suspension of audits and other field operations of the BIR, the newly appointed Commissioner urges the public to provide feedback to his office.

https://bir-cdn.bir.gov.ph/.../Public%20Advisory_LA_MO...

𝐁𝐈𝐑 𝐂𝐨𝐦𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐞𝐫 𝐌𝐞𝐧𝐝𝐨𝐳𝐚 𝐨𝐫𝐝𝐞𝐫𝐬 𝐭𝐡𝐞 𝐭𝐞𝐦𝐩𝐨𝐫𝐚𝐫𝐲 𝐬𝐮𝐬𝐩𝐞𝐧𝐬𝐢𝐨𝐧 𝐨𝐟 𝐋𝐞𝐭𝐭𝐞𝐫𝐬 𝐨𝐟 𝐀𝐮𝐭𝐡𝐨𝐫𝐢𝐭𝐲, 𝐌𝐢𝐬𝐬𝐢𝐨𝐧 𝐎𝐫𝐝𝐞𝐫𝐬, 𝐚𝐧𝐝 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐟𝐢𝐞𝐥𝐝 𝐚𝐮𝐝𝐢𝐭𝐬

𝐁𝐈𝐑 𝐂𝐨𝐦𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐞𝐫 𝐌𝐞𝐧𝐝𝐨𝐳𝐚 𝐨𝐫𝐝𝐞𝐫𝐬 𝐭𝐡𝐞 𝐭𝐞𝐦𝐩𝐨𝐫𝐚𝐫𝐲 𝐬𝐮𝐬𝐩𝐞𝐧𝐬𝐢𝐨𝐧 𝐨𝐟 𝐋𝐞𝐭𝐭𝐞𝐫𝐬 𝐨𝐟 𝐀𝐮𝐭𝐡𝐨𝐫𝐢𝐭𝐲, 𝐌𝐢𝐬𝐬𝐢𝐨𝐧 𝐎𝐫𝐝𝐞𝐫𝐬, 𝐚𝐧𝐝 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐟𝐢𝐞𝐥𝐝 𝐚𝐮𝐝𝐢𝐭𝐬

In a joint announcement at the Department of Finance today, Finance Secretary Frederick Go and Bureau of Internal Revenue Commissioner Charlito Mendoza announced the immediate and temporary suspension of all field audits and related operations of the BIR.

“I have ordered the immediate suspension of all field audits and related operations, including the issuance of Letters of Authority and Mission Orders, effective immediately, in accordance with Revenue Memorandum Circular 107-2025. No Letter of Authority or Mission Order shall be created, printed, signed, or served during the suspension period,” detailed Commissioner Mendoza.

In his first week in office, Commissioner Mendoza convened key units of the Bureau of Internal Revenue to gain a thorough understanding of existing audit operations and to identify long-standing issues that have affected taxpayer experience and internal discipline. The suspension was issued after extensive internal consultations and was undertaken with the guidance and strategic oversight of Finance Secretary Frederick Go to ensure full alignment with national priorities on good governance, taxpayer protection, and efficient revenue administration.

“This is in response to the concerns raised by the taxpayers regarding the issuance of Letters of Authority and Mission Orders. We hear the people, we hear your concerns, and are immediately acting on them. The people deserve better,” said Secretary Go, emphasizing that the Department of Finance is committed to protecting taxpayers from potential abuse through a comprehensive review of our existing policies and procedures.

The temporary suspension applies to all BIR offices involved in audit and field operations, including the Large Taxpayers Service, Revenue Regions and District Offices, Assessment Divisions, VAT Audit Units, and Intelligence and Special Audit Units. The exceptions to RMC 107-2025 apply only to urgent or legally mandated cases such as active criminal investigations, one-time transactions, audits prescribing within six months, refund claims that require audits, or immediate action on taxpayers flagged by verified intelligence.

“This suspension is necessary to protect taxpayer rights, strengthen internal discipline, and ensure the integrity of our audit processes. We take every complaint seriously, and any misuse of authority, harassment, or irregularity has no place in the Bureau,” Commissioner Mendoza emphasized.

“All taxpayers shall be treated with the highest degree of professionalism, courtesy, and adherence to the rule of law. Our economy is built upon the contributions of our taxpayers, who deserve fair and honest tax audits,” explained Secretary Go.

Commissioner Mendoza also instructed the creation of a Technical Working Group on LOA and Mission Order Integrity and Audit Reforms to lead the reform efforts. The group is tasked with evaluating existing procedures, identifying operational and systemic vulnerabilities, recommending revised LOA protocols, and integrating digital safeguards and uniform audit standards.

“Our goal is to create processes that are predictable, evidence-based, technology-driven, and fair,” explained Commissioner Mendoza, reiterating that these systems are meant to protect taxpayers while helping the Bureau perform its mandate efficiently.

“I cannot overemphasize President Ferdinand Marcos, Jr.’s directive for the BIR to continue meeting revenue targets while strengthening service delivery for workers, small business owners, and all taxpayers who rely on predictable and transparent audit processes. The overarching directive of the President when I assumed office is to ensure efficient and fair revenue collections,” Commissioner Mendoza said to end the joint announcement.

RMC No. 107-2025: https://tinyurl.com/bdynx69h

BIR Suspends All Audit and Field Operations (RMC No. 107-2025)

Effective immediately, the Bureau of Internal Revenue (BIR) has ordered the suspension of all field audits and related field operations. This move aims to address systemic issues, protect taxpayer rights, and ensure integrity in the audit process.

The issuance of Letters of Authority (LOA), Mission Orders (MO), and the examination/verification of books of accounts are SUSPENDED until the order is lifted by the Commissioner.

While general audits are paused, the BIR will continue working on:
・Cases prescribing within six (6) months
・Estate Tax, Donor’s Tax, Capital Gains Tax, and Withholding Tax on land/share sales
・Retiring businesses
・Active criminal probes requiring immediate action
・Refund claims requiring an LOA
・Deadlines imposed by the Commissioner

The issuance of Assessment Notices, Warrants, and Seizure Notices will continue to maximize revenue collection.

Source: BIR website