Olal's Tax & Accounting

!!!
Special Non-Working Holiday on August 21, 2025 (Thursday)

Regular Holiday on August 25, 2025 (Monday)

throughout the country in observance of Ninoy Aquino Day & National Heroes Day, respectively per Proclamation No. 792, series of 2024. https://www.officialgazette.gov.ph/2024/10/30/proclamation-no-727-s-2024/

IMPORTANT: DOLE releases pay guidelines for August 21 & 25, 2025 holiday
Please be guided on this rules on per Labor Advisory No. 11-25 👉🏻https://dole.gov.ph/php_assets/uploads/2025/08/Labor-Advisory-No.-11-25-Payment-of-Wages-for-the-Special-Non-Working-Day-on-21-August-2025-and-the-Regular-Holiday-on-25-August-2025-1.pdf

📢 TAX REMINDER📢
Monthly Income & Expenses Report
🗓️ For the month ended June 30, 2025

✅ Deadline: August 8, 2025
Submit all July 2025 transactions on or before the due date to avoid tax penalties!

⏳ Don’t wait until the last minute — stay compliant and avoid unnecessary charges.

📢📢 IMPORTANT ANNOUNCEMENT📢📢

‼️ DEADLINE REMINDER ‼️
📅 FILING & PAYMENT DEADLINE

Avoid penalties! Make sure to pay on time.
✅ Mark your calendars
✅ Set your reminders
✅ Stay compliant

Revenue Memorandum Circular No. 65-2025

Clarification on the registration of Books of Accounts for new business registrants

Full text: https://tinyurl.com/439ze4jr

📢📢 IMPORTANT ANNOUNCEMENT📢📢

‼️ DEADLINE REMINDER ‼️
For BIR Form 2551Q and 2550Q
📅 EXTENDED FILING & PAYMENT DEADLINE: July 31, 2025 per R.M.C. No. 75-2025

Avoid penalties! Make sure to pay on time.
✅ Mark your calendars
✅ Set your reminders
✅ Stay compliant

[UPDATED] IMPORTANT ANNOUNCEMENT!!!
To All Concerned Taxpayers within the Jurisdiction of Revenue District Offices (RDOs) under Revenue Regions No. 1, 2, 3, 4 , 5, 6, 7A, 7B, 8A, 8B, 9A, 9B, 10, 11, 12 (except RDO No. 79), and Large Taxpayers Service (LTS), please find the following revenue issuances:

Revenue Memorandum Circular No. 75-2025 - Providing Extension of the Deadlines for the Filing of Tax Returns and Payment of the Corresponding Taxes Due Thereon, Including Submission of Required Documents for Taxpayers within the Jurisdiction of Revenue District Offices of the Bureau of Internal Revenue that were Affected by the Southwest Monsoon and Typhoons "Crising", "Dante" and "Emong"

Revenue Memorandum Circular No. 77-2025 - Expanding the coverage of Revenue Memorandum Circular No. 75-2025 to new areas affected by Typhoon "Emong" for the filing of tax returns and payment of the corresponding taxes due thereon, including the submission of other required documents

For more details on the said RMCs, please scan QR codes or access the links below:
(1) RMC No. 75-2025
https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2075-2025.pdf
(2) RMC No. 77-2025
https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2077-2025.pdf

📣 ANNOUNCEMENT: WORK SUSPENSION

As per the advice of Laguna Governor Sol Aragones, please be informed that RDO 57 West Laguna will remain closed tomorrow, July 25, 2025, due to continuous heavy rainfall brought by the Southwest Monsoon.

Please be guided accordingly.

Stay safe and dry, everyone! ☔️

Source: https://www.facebook.com/share/p/1AByQjWPi1/?mibextid=wwXIfr

𝐌𝐄𝐌𝐎𝐑𝐀𝐍𝐃𝐔𝐌 𝐂𝐈𝐑𝐂𝐔𝐋𝐀𝐑 𝐍𝐎. 𝟗𝟏 𝐬. 𝟐𝟎𝟐𝟓

Classes at all levels are suspended on July 24, 2025, in the following areas due to continuous heavy rainfall brought about by the Southwest Monsoon (Habagat):

Zambales, Pangasinan, La Union, Ilocos Norte, Ilocos Sur, Abra, Benguet, Tarlac, Pampanga, Bataan, Bulacan, Cavite, Batangas, Occidental Mindoro, Apayao, Kalinga, Mountain Province, Ifugao, Nueva Vizcaya, Nueva Ecija, Rizal, Metro Manila, Laguna, Quezon, Marinduque, Oriental Mindoro, Romblon, Palawan, Cagayan, Camarines Sur, Catanduanes, Albay, Sorsogon, Masbate, Antique, and Iloilo.

Agencies delivering essential services such as health, safety, and disaster response shall remain operational. Non-vital personnel are not required to report physically to work and may adopt alternate work arrangements as determined by their agency heads.

The suspension of work and/or adoption of alternative work arrangements in private companies is left to the discretion of their respective employers.

Visit the Official Gazette website: https://www.officialgazette.gov.ph/G9rcMk