Outright Biz Solutions and Consultancy, Inc.

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Outright Biz Solutions and Consultancy, Inc. Since 2014, OBSC has been on a mission with heart: to break free from the ordinary and provide exceptional results.

While some accountants might just go through the motions, we at OBSC believe in empowering business owners with correct financial data.

๐—ฃ๐—˜๐—ญ๐—” ๐— ๐—ฒ๐—บ๐—ผ๐—ฟ๐—ฎ๐—ป๐—ฑ๐˜‚๐—บ ๐—ข๐—ฟ๐—ฑ๐—ฒ๐—ฟ (๐— ๐—ข) ๐—ก๐—ผ. ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ-๐Ÿฌ๐Ÿฎ๐Ÿณ ๐˜€๐—ฒ๐˜๐˜€ ๐˜๐—ต๐—ฒ ๐—ด๐˜‚๐—ถ๐—ฑ๐—ฒ๐—น๐—ถ๐—ป๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ฎ๐—ฝ๐—ฝ๐—น๐˜†๐—ถ๐—ป๐—ด ๐—ณ๐—ผ๐—ฟ ๐—ฉ๐—”๐—ง ๐˜‡๐—ฒ๐—ฟ๐—ผ-๐—ฟ๐—ฎ๐˜๐—ถ๐—ป๐—ด ๐—ฐ๐—ฒ๐—ฟ๐˜๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—–๐—ฎ๐—น๐—ฒ๐—ป๐—ฑ๐—ฎ๐—ฟ...
13/10/2026

๐—ฃ๐—˜๐—ญ๐—” ๐— ๐—ฒ๐—บ๐—ผ๐—ฟ๐—ฎ๐—ป๐—ฑ๐˜‚๐—บ ๐—ข๐—ฟ๐—ฑ๐—ฒ๐—ฟ (๐— ๐—ข) ๐—ก๐—ผ. ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ-๐Ÿฌ๐Ÿฎ๐Ÿณ ๐˜€๐—ฒ๐˜๐˜€ ๐˜๐—ต๐—ฒ ๐—ด๐˜‚๐—ถ๐—ฑ๐—ฒ๐—น๐—ถ๐—ป๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ฎ๐—ฝ๐—ฝ๐—น๐˜†๐—ถ๐—ป๐—ด ๐—ณ๐—ผ๐—ฟ ๐—ฉ๐—”๐—ง ๐˜‡๐—ฒ๐—ฟ๐—ผ-๐—ฟ๐—ฎ๐˜๐—ถ๐—ป๐—ด ๐—ฐ๐—ฒ๐—ฟ๐˜๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—–๐—ฎ๐—น๐—ฒ๐—ป๐—ฑ๐—ฎ๐—ฟ ๐—ฌ๐—ฒ๐—ฎ๐—ฟ (๐—–๐—ฌ) ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿณ, ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ ๐˜๐—ต๐—ฒ ๐—–๐—ฅ๐—˜๐—”๐—ง๐—˜ ๐— ๐—ข๐—ฅ๐—˜ ๐—”๐—ฐ๐˜.

Key Requirements:

* ๐—ช๐—ต๐—ผ ๐—ฎ๐—ฝ๐—ฝ๐—น๐—ถ๐—ฒ๐˜€: Qualified Registered Export Enterprises (REEs) and High-Value Domestic Market Enterprises (HVDMEs), through PEZA - The One Portal System (PTOPS).
* ๐—ฅ๐—˜๐—˜ ๐˜๐—ต๐—ฟ๐—ฒ๐˜€๐—ต๐—ผ๐—น๐—ฑ๐˜€: CREATE/CREATE MORE REEs need at least ๐Ÿณ๐Ÿฌ% ๐—ฒ๐˜…๐—ฝ๐—ผ๐—ฟ๐˜ ๐˜€๐—ฎ๐—น๐—ฒ๐˜€. Pre-CREATE Filipino-owned REEs may keep ๐Ÿฑ๐Ÿฌ%; pre-CREATE foreign-owned REEs observe the ๐Ÿฏ๐Ÿฌ% local-sales cap (70% export).
* ๐—›๐—ฉ๐——๐— ๐—˜๐˜€: Investment capital above โ‚ฑ๐Ÿญ๐Ÿฑ ๐—ฏ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป in an import-substituting sector, or export sales of at least ๐—จ๐—ฆ$๐Ÿญ๐Ÿฌ๐Ÿฌ ๐—บ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป in the preceding year.
* ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜€, ๐˜‚๐˜๐—ถ๐—น๐—ถ๐˜๐—ถ๐—ฒ๐˜€, ๐—ฎ๐—ป๐—ฑ ๐—ณ๐—ฎ๐—ฐ๐—ถ๐—น๐—ถ๐˜๐—ถ๐—ฒ๐˜€ ๐—ฒ๐—ป๐˜๐—ฒ๐—ฟ๐—ฝ๐—ฟ๐—ถ๐˜€๐—ฒ๐˜€: File a notarized certification that at least ๐Ÿณ๐Ÿฌ% of leasable area, or power/water demand, is dedicated to REEs.
* ๐——๐—ผ๐—ฐ๐˜‚๐—บ๐—ฒ๐—ป๐˜๐˜€: REEs must also submit a certified Sales Summary consistent with their books, audited financial statements, and EZMPRs.
* ๐—ช๐—ต๐—ถ๐—ฐ๐—ต ๐˜†๐—ฒ๐—ฎ๐—ฟ ๐—ถ๐˜€ ๐˜๐—ฒ๐˜€๐˜๐—ฒ๐—ฑ: Q4 2026 filers are assessed on current-year performance; Q1 2027 filers on the preceding year.

The certification covers only qualified local purchases directly attributable to the registered activity, and false or inaccurate submissions may lead to denial or cancellation.

๐Ÿ“… Filing Windows:
๐—ข๐—ฐ๐˜๐—ผ๐—ฏ๐—ฒ๐—ฟ ๐Ÿฑ โ€“ ๐——๐—ฒ๐—ฐ๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฟ ๐Ÿฏ๐Ÿญ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ and ๐—๐—ฎ๐—ป๐˜‚๐—ฎ๐—ฟ๐˜† ๐Ÿญ โ€“ ๐— ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐Ÿฏ๐Ÿญ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿณ โ€“ Covers CY 2027. Filings after March 31, 2027 are valid only from the date of filing.

Source:https://www.peza.gov.ph/sites/default/files/m.o._no._2026-027_guidelines_for_the_application_of_vat_zero-rating_certifications_for_cy_2027.pdf

๐Ÿ’ก Need help navigating this? Reach out to us at [email protected] or call/Viber +63.977.8015129.

๐ŸŽ‰ A Day of Connection, Learning, and Smarter Accounting at the UST Angelicum College Alumni Fun Fair and Gathering! ๐Ÿ’™๐Ÿ’œ๐ŸฉทY...
12/10/2026

๐ŸŽ‰ A Day of Connection, Learning, and Smarter Accounting at the UST Angelicum College Alumni Fun Fair and Gathering! ๐Ÿ’™๐Ÿ’œ๐Ÿฉท

Yesterday, we had the pleasure of showcasing our Xero Mini Booth at the UST Angelicum College Alumni Fun Fair and Gathering, where we shared how technology can help Micro, Small, and Medium Enterprises (MSMEs) simplify their accounting processes and stay on top of their tax compliance responsibilities.

With Xero cloud accounting software, business owners can work smarter, reduce manual tasks, and gain better visibility into their business finances. ๐Ÿš€

โœจ Here's how Xero can help MSMEs:
โœ… Automate everyday bookkeeping tasks
โœ… Track income, expenses, and cash flow more efficiently
โœ… Generate financial reports for better business decisions
โœ… Keep financial records organized for easier tax preparation
โœ… Access financial information anytime, anywhere

Running a business is already challenging. Your accounting system shouldn't make it harder! With the right technology and expert guidance from Outright Business Solutions Consultancy (OBSC), managing your books and keeping up with compliance can become more efficient and less stressful.

A big thank you to UST Angelicum College for having us at this wonderful gathering! It was a great opportunity to connect with fellow alumni and introduce how Xero + OBSC can help businesses start right, stay right, and get it right. ๐Ÿ’™

Let's Get it Right with Outright!

08/10/2026

Small business ka ba? Qualified ka bang maging BMBE? ๐Ÿค”

You may have heard about BMBE (Barangay Micro Business Enterprise) and the benefits available to qualified micro businesses.

But here's the question:

Qualified ka ba talaga? ๐Ÿ‘€

Hindi porke maliit ang business, automatic na BMBE na.

There are specific qualifications and requirements that a business needs to meet before it can register as a BMBE.

In Episode 14 of Behind the Business, we talk about the basics of BMBE and the things you need to consider to determine whether your business may qualify.

๐Ÿ“Œ Ano ba ang BMBE?
๐Ÿ“Œ Sino ang maaaring mag-qualify?
๐Ÿ“Œ May limit ba sa assets ng business?
๐Ÿ“Œ Anong businesses ang coveredโ€”or excluded?
๐Ÿ“Œ At ano ang potential benefits of being a qualified BMBE?

If you're a micro or small business owner, knowing whether you qualify could be worth looking into. ๐Ÿ˜‰

๐ŸŽฅ Watch Episode 14 of Behind the Business and find out if BMBE registration might be applicable to your business.

๐Ÿ’ฌ Business owners: Have you heard of BMBE before? And did you know that your business may qualify? ๐Ÿ‘‡

Start Right. Stay Right. Get It Right with Outright.

02/10/2026

Non-VAT registered ka? Tama ba ang pag-fill out ng invoice mo? ๐Ÿงพ๐Ÿค”

May invoice ka na ngaโ€ฆ pero tama at kumpleto ba ang pagkaka-fill out mo?

For many business owners, filling out an invoice seems easy. Name, date, amountโ€”done! โœ”๏ธ

But there are details that need to be properly indicated, especially if you're a Non-VAT registered business.

In Episode 13 of Behind the Business, we go through the important things Non-VAT registered businesses should know when filling out their invoices.

๐Ÿ“Œ Ano ang dapat ilagay sa invoice?
๐Ÿ“Œ Anong details ang dapat tama at kumpleto?
๐Ÿ“Œ May specific information ba na hindi dapat kalimutan?
๐Ÿ“Œ At ano ang mga common mistakes na dapat iwasan?

Remember, having an invoice is one thingโ€”properly accomplishing it is another.

Your invoice is part of your official business records, so make sure every detail is properly filled out and documented. ๐Ÿ˜‰

๐ŸŽฅ Watch Episode 13 of Behind the Business and check your invoicesโ€”tama ba talaga ang pag-fill out mo?

๐Ÿ’ฌ Non-VAT business owners, aminado ba kayong minsan napapaisip din kayo kung tama ang pagkaka-fill out ng invoice? ๐Ÿ‘‡

Start Right. Stay Right. Get It Right with Outright.

๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐—ฅ๐—ฒ๐—ด๐˜‚๐—น๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€ (๐—ฅ๐—ฅ) ๐—ก๐—ผ. ๐Ÿฒ-๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ ๐—ฟ๐—ฒ๐—ถ๐˜๐—ฒ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ฎ๐˜ ๐—ฐ๐—ฟ๐—ฒ๐—ฑ๐—ถ๐˜๐—ฎ๐—ฏ๐—น๐—ฒ ๐˜„๐—ถ๐˜๐—ต๐—ต๐—ผ๐—น๐—ฑ๐—ถ๐—ป๐—ด ๐˜๐—ฎ๐˜… (๐—–๐—ช๐—ง) ๐—บ๐˜‚๐˜€๐˜ ๐—ฏ๐—ฒ ๐˜€๐—ต๐—ผ๐˜„๐—ป ๐—ฎ๐˜€ ๐—ฎ ๐˜€๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ถ๐˜๐—ฒ๐—บ ๐—ผ๐—ป...
02/10/2026

๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐—ฅ๐—ฒ๐—ด๐˜‚๐—น๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€ (๐—ฅ๐—ฅ) ๐—ก๐—ผ. ๐Ÿฒ-๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ ๐—ฟ๐—ฒ๐—ถ๐˜๐—ฒ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ฎ๐˜ ๐—ฐ๐—ฟ๐—ฒ๐—ฑ๐—ถ๐˜๐—ฎ๐—ฏ๐—น๐—ฒ ๐˜„๐—ถ๐˜๐—ต๐—ต๐—ผ๐—น๐—ฑ๐—ถ๐—ป๐—ด ๐˜๐—ฎ๐˜… (๐—–๐—ช๐—ง) ๐—บ๐˜‚๐˜€๐˜ ๐—ฏ๐—ฒ ๐˜€๐—ต๐—ผ๐˜„๐—ป ๐—ฎ๐˜€ ๐—ฎ ๐˜€๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ถ๐˜๐—ฒ๐—บ ๐—ผ๐—ป ๐—ถ๐—ป๐˜ƒ๐—ผ๐—ถ๐—ฐ๐—ฒ๐˜€, ๐—ฎ๐—ป๐—ฑ ๐—ฎ๐—บ๐—ฒ๐—ป๐—ฑ๐˜€ ๐—ฅ๐—ฅ ๐—ก๐—ผ. ๐Ÿณ-๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ ๐—ฎ๐—ฐ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ด๐—น๐˜†.

Key points:

๐—ฆ๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—–๐—ช๐—ง ๐—น๐—ถ๐—ป๐—ฒ: Where applicable, the amount of CWT must appear as its own item among the mandatory invoice information.

๐—˜๐˜…๐—ถ๐˜€๐˜๐—ถ๐—ป๐—ด ๐˜€๐˜๐—ผ๐—ฐ๐—ธ: Unused or unissued invoices may be used until fully consumed, provided the phrase "๐—Ÿ๐—ฒ๐˜€๐˜€: ๐—ช๐—ถ๐˜๐—ต๐—ต๐—ผ๐—น๐—ฑ๐—ถ๐—ป๐—ด ๐—ง๐—ฎ๐˜…" is stamped conspicuously on the face of the invoice.

๐—ก๐—ฒ๐˜„ ๐—ฝ๐—ฟ๐—ถ๐—ป๐˜ ๐—ฟ๐˜‚๐—ป๐˜€: Newly printed invoices must already carry the same phrase before use.

๐Ÿ“… ๐—œ๐˜€๐˜€๐˜‚๐—ฒ๐—ฑ ๐—ข๐—ฐ๐˜๐—ผ๐—ฏ๐—ฒ๐—ฟ ๐Ÿญ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ. Effective 15 days after publication in the Official Gazette or the BIR website, whichever comes first.

Source:https://bir-cdn.bir.gov.ph/BIR/pdf/RR%20No.%206-2026.pdf

๐Ÿ’ก Need help navigating this? Reach out to us at [email protected] or call/Viber +63.977.8015129.

๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐— ๐—ฒ๐—บ๐—ผ๐—ฟ๐—ฎ๐—ป๐—ฑ๐˜‚๐—บ ๐—–๐—ถ๐—ฟ๐—ฐ๐˜‚๐—น๐—ฎ๐—ฟ (๐—ฅ๐— ๐—–) ๐—ก๐—ผ. ๐Ÿญ๐Ÿฌ๐Ÿฌ-๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ ๐—ฐ๐—ถ๐—ฟ๐—ฐ๐˜‚๐—น๐—ฎ๐—ฟ๐—ถ๐˜‡๐—ฒ๐˜€ ๐—˜๐˜…๐—ฒ๐—ฐ๐˜‚๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ข๐—ฟ๐—ฑ๐—ฒ๐—ฟ (๐—˜๐—ข) ๐—ก๐—ผ. ๐Ÿญ๐Ÿฎ๐Ÿฑ, ๐˜€. ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ, ๐˜„๐—ต๐—ถ๐—ฐ๐—ต ๐˜๐—ฒ๐—บ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐—ฟ๐—ถ๐—น๐˜† ๐˜€๐˜‚๐˜€...
28/09/2026

๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐— ๐—ฒ๐—บ๐—ผ๐—ฟ๐—ฎ๐—ป๐—ฑ๐˜‚๐—บ ๐—–๐—ถ๐—ฟ๐—ฐ๐˜‚๐—น๐—ฎ๐—ฟ (๐—ฅ๐— ๐—–) ๐—ก๐—ผ. ๐Ÿญ๐Ÿฌ๐Ÿฌ-๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ ๐—ฐ๐—ถ๐—ฟ๐—ฐ๐˜‚๐—น๐—ฎ๐—ฟ๐—ถ๐˜‡๐—ฒ๐˜€ ๐—˜๐˜…๐—ฒ๐—ฐ๐˜‚๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ข๐—ฟ๐—ฑ๐—ฒ๐—ฟ (๐—˜๐—ข) ๐—ก๐—ผ. ๐Ÿญ๐Ÿฎ๐Ÿฑ, ๐˜€. ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ, ๐˜„๐—ต๐—ถ๐—ฐ๐—ต ๐˜๐—ฒ๐—บ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐—ฟ๐—ถ๐—น๐˜† ๐˜€๐˜‚๐˜€๐—ฝ๐—ฒ๐—ป๐—ฑ๐˜€ ๐—ฒ๐˜…๐—ฐ๐—ถ๐˜€๐—ฒ ๐˜๐—ฎ๐˜…๐—ฒ๐˜€ ๐—ผ๐—ป ๐˜€๐—ฝ๐—ฒ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ ๐—ฝ๐—ฒ๐˜๐—ฟ๐—ผ๐—น๐—ฒ๐˜‚๐—บ ๐—ฝ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜๐˜€ ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ ๐—ฆ๐—ฒ๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐Ÿญ๐Ÿฐ๐Ÿด ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ง๐—ฎ๐˜… ๐—–๐—ผ๐—ฑ๐—ฒ, ๐—ฎ๐˜€ ๐—ฎ๐—บ๐—ฒ๐—ป๐—ฑ๐—ฒ๐—ฑ ๐—ฏ๐˜† ๐—ฅ๐—” ๐—ก๐—ผ. ๐Ÿญ๐Ÿฎ๐Ÿฏ๐Ÿญ๐Ÿฒ.

What's new:

๐—™๐˜‚๐—น๐—น ๐—ฆ๐˜‚๐˜€๐—ฝ๐—ฒ๐—ป๐˜€๐—ถ๐—ผ๐—ป โ€“ Excise taxes on ๐—Ÿ๐—ฃ๐—š and ๐—ธ๐—ฒ๐—ฟ๐—ผ๐˜€๐—ฒ๐—ป๐—ฒ are fully suspended. Exceptions: LPG used as petrochemical raw material or for motive power, and kerosene used as aviation fuel.
๐—”๐˜‚๐˜๐—ผ๐—บ๐—ฎ๐˜๐—ถ๐—ฐ ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ฟ๐˜€๐—ถ๐—ผ๐—ป โ€“ Regular Section 148 rates return without further issuance, whichever comes first: one week after the one-month average Dubai crude price (MOPS) falls below ๐—จ๐—ฆ๐—— ๐Ÿด๐Ÿฌ ๐—ฝ๐—ฒ๐—ฟ ๐—ฏ๐—ฎ๐—ฟ๐—ฟ๐—ฒ๐—น, as certified by the DOE; or ๐˜๐—ต๐—ฟ๐—ฒ๐—ฒ ๐—บ๐—ผ๐—ป๐˜๐—ต๐˜€ from the EO's effectivity.
๐—œ๐—ป๐˜ƒ๐—ฒ๐—ป๐˜๐—ผ๐—ฟ๐˜† ๐—ฎ๐—ป๐—ฑ ๐— ๐—ผ๐—ป๐—ถ๐˜๐—ผ๐—ฟ๐—ถ๐—ป๐—ด โ€“ The BIR and BOC will inventory existing LPG and kerosene stocks as of the EO's effectivity and submit monthly declared value and volume data to the House of Representatives.

Source:https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%20100-2026%20-%20redacted.pdf

๐Ÿ’ก Need help navigating this? Reach out to us at [email protected] or call/Viber +63.977.8015129.

24/09/2026

VAT-registered ka ba? ๐Ÿ‘€๐Ÿงพ Kumpleto ba ang details ng invoice mo?

Hindi porke may invoice ka na, ibig sabihin compliant na agad.

For VAT-registered businesses, there are important details that need to appear on the invoiceโ€”and missing or incorrect information can cause problems when it comes to your tax documentation and reporting.

In Episode 12 of Behind the Business, we take a closer look at the important details that VAT-registered businesses should check on their invoices.

๐Ÿ“Œ Ano ang mga required details?
๐Ÿ“Œ Ano ang dapat makita sa invoice kapag VAT-registered?
๐Ÿ“Œ May difference ba ang invoice requirements for VAT-registered businesses?
๐Ÿ“Œ At bakit importanteng tama at kumpleto ang information?

Your invoice is more than just a document you hand to your customer. It is an important part of your business records and tax compliance.

๐ŸŽฅ Watch Episode 12 of Behind the Business and check your invoicesโ€”kumpleto ba talaga?

๐Ÿ’ฌ VAT-registered business owners: Have you ever checked if all the required details are actually on your invoice? ๐Ÿ‘‡

Start Right. Stay Right. Get It Right with Outright.

๐—ฅ๐— ๐—– ๐—ก๐—ผ. ๐Ÿต๐Ÿด-๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ ๐˜€๐—ฒ๐˜๐˜€ ๐˜๐—ต๐—ฒ ๐—ฝ๐—ผ๐—น๐—ถ๐—ฐ๐—ถ๐—ฒ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ด๐˜‚๐—ถ๐—ฑ๐—ฒ๐—น๐—ถ๐—ป๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ถ๐˜€๐˜€๐˜‚๐—ถ๐—ป๐—ด ๐—ฒ๐—น๐—ฒ๐—ฐ๐˜๐—ฟ๐—ผ๐—ป๐—ถ๐—ฐ ๐—ถ๐—ป๐˜ƒ๐—ผ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ ๐—ฅ๐—ฅ ๐—ก๐—ผ. ๐Ÿด-๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ ๐—ฎ๐—ป๐—ฑ ๐—ฅ๐—ฅ ๐—ก๐—ผ. ๐Ÿญ๐Ÿญ-๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฑ,...
23/09/2026

๐—ฅ๐— ๐—– ๐—ก๐—ผ. ๐Ÿต๐Ÿด-๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ ๐˜€๐—ฒ๐˜๐˜€ ๐˜๐—ต๐—ฒ ๐—ฝ๐—ผ๐—น๐—ถ๐—ฐ๐—ถ๐—ฒ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ด๐˜‚๐—ถ๐—ฑ๐—ฒ๐—น๐—ถ๐—ป๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ถ๐˜€๐˜€๐˜‚๐—ถ๐—ป๐—ด ๐—ฒ๐—น๐—ฒ๐—ฐ๐˜๐—ฟ๐—ผ๐—ป๐—ถ๐—ฐ ๐—ถ๐—ป๐˜ƒ๐—ผ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ ๐—ฅ๐—ฅ ๐—ก๐—ผ. ๐Ÿด-๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ ๐—ฎ๐—ป๐—ฑ ๐—ฅ๐—ฅ ๐—ก๐—ผ. ๐Ÿญ๐Ÿญ-๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฑ, ๐—ฎ๐˜€ ๐—ฎ๐—บ๐—ฒ๐—ป๐—ฑ๐—ฒ๐—ฑ ๐—ฏ๐˜† ๐—ฅ๐—ฅ ๐—ก๐—ผ. ๐Ÿฎ๐Ÿฒ-๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฑ.

Key Requirements:

*๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ โ€“ E-commerce taxpayers (except Micro), LTS taxpayers, Large Taxpayers under the EOPT Act, and CAS/CBA users with e-invoicing.

*๐—ฃ๐—ฒ๐—ฟ๐—บ๐—ถ๐˜ ๐˜๐—ผ ๐—œ๐˜€๐˜€๐˜‚๐—ฒ (๐—ฃ๐—ง๐—œ) ๐—˜๐—น๐—ฒ๐—ฐ๐˜๐—ฟ๐—ผ๐—ป๐—ถ๐—ฐ ๐—œ๐—ป๐˜ƒ๐—ผ๐—ถ๐—ฐ๐—ฒ โ€“ Secure this from your RDO/LT Office before issuing e-invoices. Your CAS Permit to Use (PTU) is not enough.

*๐—ช๐—ผ๐—ฟ๐—ฑ/๐—˜๐˜…๐—ฐ๐—ฒ๐—น ๐—ถ๐—ป๐˜ƒ๐—ผ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐—ฑ๐—ผ๐—ป'๐˜ ๐—พ๐˜‚๐—ฎ๐—น๐—ถ๐—ณ๐˜† โ€“ Neither do printed system invoices from software that can't transmit electronically.

*๐—˜๐—œ๐—ฆ ๐—–๐—ฒ๐—ฟ๐˜๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป โ€“ Must be obtained within six months from PTI issuance, or the PTI may be revoked.

*๐—ช๐—ต๐—ผ๐—น๐—ฒ-๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐˜† ๐—ฟ๐˜‚๐—น๐—ฒ โ€“ The head office and all branches must e-invoice. Corrections go through Credit Notes or new e-invoices, never edits.

๐Ÿ“… Important Deadline:
๐——๐—ฒ๐—ฐ๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฟ ๐Ÿฏ๐Ÿญ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ โ€“ Covered taxpayers must be issuing electronic invoices.

Source:https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2098-2026%20redacted.pdf

๐Ÿ’ก Need help navigating this? Reach out to us at [email protected] or call/Viber +63.977.8015129.

โ€œHindi naman humingi ng invoice si customer. Kailangan ko pa rin bang mag-issue?โ€ ๐Ÿค”๐ŸงพIf you think you only need to issue ...
17/09/2026

โ€œHindi naman humingi ng invoice si customer. Kailangan ko pa rin bang mag-issue?โ€ ๐Ÿค”๐Ÿงพ

If you think you only need to issue an invoice when the customer asks for one, this episode is for you!

Since the implementation of the Ease of Paying Taxes (EOPT) Act, there are specific rules on when businesses are required to issue an invoiceโ€”even when the customer doesn't ask for one.

But the rule can differ depending on whether your business is VAT-registered or Non-VAT and the amount of the transaction.

So, kailan nga ba required mag-issue?

In Episode 11 of Behind the Business, we break down these rules in a simple and practical way so you know when you need to issue an invoiceโ€”and when you shouldn't simply wait for the customer to ask.

Because โ€œHindi naman humingiโ€ doesn't always mean โ€œhindi kailangan.โ€ ๐Ÿ˜‰

๐ŸŽฅ Watch Episode 11 of Behind the Business and make sure your invoicing practice is compliant with the BIR rules.

๐Ÿ’ฌ Business owners, did you know that there are instances when you need to issue an invoice even if the customer doesn't ask for one? ๐Ÿ‘‡

Start Right. Stay Right. Get It Right with Outright.

๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐— ๐—ฒ๐—บ๐—ผ๐—ฟ๐—ฎ๐—ป๐—ฑ๐˜‚๐—บ ๐—–๐—ถ๐—ฟ๐—ฐ๐˜‚๐—น๐—ฎ๐—ฟ (๐—ฅ๐— ๐—–) ๐—ก๐—ผ. ๐Ÿต๐Ÿณ-๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ ๐—ฐ๐—ผ๐—ป๐—ณ๐—ถ๐—ฟ๐—บ๐˜€ ๐˜๐—ต๐—ฎ๐˜ ๐˜๐—ต๐—ฒ ๐—ฆ๐˜†๐˜€๐˜๐—ฒ๐—บ ๐—Ÿ๐—ผ๐˜€๐˜€ ๐—–๐—ต๐—ฎ๐—ฟ๐—ด๐—ฒ ๐—ผ๐—ณ ๐—š๐—ฒ๐—ป๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—–๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐—ถ๐—ฒ๐˜€, ๐˜๐—ต๐—ฒ ๐—ก๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น...
14/09/2026

๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐— ๐—ฒ๐—บ๐—ผ๐—ฟ๐—ฎ๐—ป๐—ฑ๐˜‚๐—บ ๐—–๐—ถ๐—ฟ๐—ฐ๐˜‚๐—น๐—ฎ๐—ฟ (๐—ฅ๐— ๐—–) ๐—ก๐—ผ. ๐Ÿต๐Ÿณ-๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ ๐—ฐ๐—ผ๐—ป๐—ณ๐—ถ๐—ฟ๐—บ๐˜€ ๐˜๐—ต๐—ฎ๐˜ ๐˜๐—ต๐—ฒ ๐—ฆ๐˜†๐˜€๐˜๐—ฒ๐—บ ๐—Ÿ๐—ผ๐˜€๐˜€ ๐—–๐—ต๐—ฎ๐—ฟ๐—ด๐—ฒ ๐—ผ๐—ณ ๐—š๐—ฒ๐—ป๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—–๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐—ถ๐—ฒ๐˜€, ๐˜๐—ต๐—ฒ ๐—ก๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—š๐—ฟ๐—ถ๐—ฑ ๐—–๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฃ๐—ต๐—ถ๐—น๐—ถ๐—ฝ๐—ฝ๐—ถ๐—ป๐—ฒ๐˜€ (๐—ก๐—š๐—–๐—ฃ), ๐—ฎ๐—ป๐—ฑ ๐——๐—ถ๐˜€๐˜๐—ฟ๐—ถ๐—ฏ๐˜‚๐˜๐—ถ๐—ผ๐—ป ๐—จ๐˜๐—ถ๐—น๐—ถ๐˜๐—ถ๐—ฒ๐˜€ ๐—ถ๐˜€ ๐—ฒ๐˜…๐—ฐ๐—น๐˜‚๐—ฑ๐—ฒ๐—ฑ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—š๐—ฟ๐—ผ๐˜€๐˜€ ๐—ฆ๐—ฎ๐—น๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ฉ๐—”๐—ง ๐—ฝ๐˜‚๐—ฟ๐—ฝ๐—ผ๐˜€๐—ฒ๐˜€.

Key Points:

๐—˜๐˜…๐—ฐ๐—น๐˜‚๐—ฑ๐—ฒ๐—ฑ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—š๐—ฟ๐—ผ๐˜€๐˜€ ๐—ฆ๐—ฎ๐—น๐—ฒ๐˜€ โ€” Circularizing ERC Resolution No. 26, Series of 2026, the BIR confirms the allowable System Loss Charge, within the cap approved by the ERC, is a government-mandated pass-through cost that does not form part of Gross Sales for VAT computation. It is therefore not subject to Output VAT and Creditable Withholding on VAT.

๐—œ๐—ป๐—ฐ๐—ผ๐—บ๐—ฒ ๐—ง๐—ฎ๐˜… ๐—จ๐—ป๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ฒ๐—ฑ โ€” The exclusion applies to VAT only. It does not extend to income tax or the corresponding creditable withholding tax.

๐—ฆ๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—œ๐—ฑ๐—ฒ๐—ป๐˜๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฅ๐—ฒ๐—พ๐˜‚๐—ถ๐—ฟ๐—ฒ๐—ฑ โ€” The System Loss Charge must be separately identified in the billing statement, invoice, or similar document to qualify for the exclusion.

๐—ช๐—ต๐—ผ'๐˜€ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฒ๐—ฑ โ€” Generation Companies, NGCP, Distribution Utilities, and electric cooperatives must ensure proper billing, accounting, and reporting of the charge.

This further amends RMC No. 116-2024 (as amended by RMC No. 60-2026) and takes effect immediately, applied prospectively from the effectivity of ERC Resolution No. 26, Series of 2026.

Source:https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2097-2026_redacted.pdf

๐Ÿ’ก Need help navigating this? Reach out to us at [email protected] or call/Viber +63.977.8015129.

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