Ternura Business Consultancy

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📣 𝗡𝗢𝗧𝗜𝗖𝗘: 𝗘𝘅𝘁𝗲𝗻𝘀𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗗𝗲𝗮𝗱𝗹𝗶𝗻𝗲 𝗳𝗼𝗿 𝗙𝗶𝗹𝗶𝗻𝗴 𝗼𝗳 𝟮𝟬𝟮𝟱 𝗔𝗻𝗻𝘂𝗮𝗹 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀 (𝗔𝗙𝗦)

The filing deadline for the 2025 Annual Financial Statements (AFS) and related reportorial requirements has been 𝗘𝗫𝗧𝗘𝗡𝗗𝗘𝗗. This follows the issuance of Revenue Memorandum Circular No. 30-2026 by the Bureau of Internal Revenue (BIR).

🗓️ Revised Deadlines:
• Annual Financial Statements of All Corporations: 𝗝𝘂𝗻𝗲 𝟭𝟱, 𝟮𝟬𝟮𝟲
• SEC Form 52-AR of Brokers & Dealers: 𝗠𝗮𝘆 𝟭𝟱, 𝟮𝟬𝟮𝟲
• Annual Reports (SEC Form 17-A) with AFS as attachment: 𝗠𝗮𝘆 𝟭𝟱, 𝟮𝟬𝟮𝟲

All corporations are reminded to ensure that submitted AFS are duly received by the BIR.

Read the full notice here: https://www.sec.gov.ph/notices-2026/extension-of-the-deadline-for-filing-of-2025-annual-financial-statements-afs/

DISNEY AXES 1,000 EMPLOYEES

The Walt Disney Co. on Tuesday began layoffs expected to lead to 1,000 job cuts across the company.

Josh D'Amaro, who in February succeeded Bob Iger as chief executive, announced broader layoffs following a move in January to consolidate Disney's marketing division.

The cuts are expected to fall across the Burbank, California-based company's traditional television businesses, including ESPN, as well as its movie studio. Employees in product and technology, and in certain corporate functions, will also be affected.

Disney last went through a round of layoffs soon after Iger returned for a second spell as chief executive officer in 2022. The company cut around 8,000 jobs then. As of late 2025, Disney had about 230,000 employees. | via PhilSTAR Life

READ: http://tiny.cc/bfv1101

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The Bureau of Internal Revenue (BIR) has released an expanded list of 2,263 value-added tax (VAT)-exempt medicines covering treatments for major chronic and life-threatening diseases, in what officials described as part of continuing efforts to reduce the cost of essential healthcare.

Full story on bnc.ph

The government has extended by one month the deadline for filing 2025 annual income tax returns, providing relief to taxpayers as the country reels from the fallout from the Middle East conflict. https://tinyurl.com/s2n4b3hf | via ONE News

Consolidate your past due SSS short-term loans into a single loan account with manageable repayment options through SSS CONSO LOAN!

Learn about eligibility requirements, loan consolidation process, payment terms and policies here: https://www.sss.gov.ph/sss-conso-loan-program/

Extension of AITR 2025 deadline from April 15, 2026 to May 16, 2026.

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President Ferdinand Marcos Jr. extends the deadline of the filing of the 2025 Annual Income Tax Returns to 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.” | via Katrina Domingo, ABS-CBN News

𝐏𝐫𝐞𝐬𝐬 𝐑𝐞𝐥𝐞𝐚𝐬𝐞 𝟐𝟎𝟐𝟔-𝟎𝟖
𝐌𝐚𝐫𝐜𝐡 𝟑𝟎, 𝟐𝟎𝟐𝟔

𝐏𝐡𝐢𝐥𝐇𝐞𝐚𝐥𝐭𝐡 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐬 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐒𝐲𝐬𝐭𝐞𝐦 𝐰𝐢𝐭𝐡 𝐒𝐏𝐀 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐨𝐫 𝐟𝐨𝐫
𝐒𝐞𝐥𝐟-𝐏𝐚𝐲𝐢𝐧𝐠 𝐌𝐞𝐦𝐛𝐞𝐫𝐬

As part of its digitalization efforts to improve service efficiency, the Philippine Health Insurance Corporation (PhilHealth) is rolling out the Statement of Premium Account (SPA) Generator for self-paying members beginning April 1, 2026.

Under this initiative, self-paying members are required to generate a Statement of Premium Account (SPA) prior to payment, ensuring that contributions are properly recorded and credited without delay. This digital system reduces errors in payment processing and helps members maintain accurate, up-to-date contribution records, which are essential in availing of PhilHealth benefits.

In accordance with PhilHealth Advisory 2026-0016, a “No SPA, No Payment” policy will be implemented for self-paying members, including Self-Earning Individuals, Professional Practitioners, and Overseas Filipinos (excluding sea-based migrant workers).

PhilHealth encourages members to begin using the SPA Generator ahead of full implementation to ensure a smooth transition.
Members may generate their SPA through spagen.philhealth.gov.ph or by scanning the QR code found in the official PhilHealth website.

The system generates a QR-coded SPA containing key payment details, which members can present to any PhilHealth Local Health Insurance Office (LHIO) cashier or any PhilHealth-Accredited Collecting Agent (ACA) when making payments.

By requiring a validated SPA prior to payment, PhilHealth aims to minimize posting errors, ensure faster posting of payments, and improve overall service efficiency.

PhilHealth also reminds members to transact only with authorized PhilHealth-accredited collecting agents and to avoid sharing their generated SPA with unauthorized individuals to ensure the security of their personal and payment information.

For the updated and complete list of PhilHealth-Accredited Collecting Agents (ACAs), members may visit the official PhilHealth website. For inquiries on the SPA Generator, members may contact the nearest PhilHealth Local Health Insurance Office or call the Corporate Action Center at (02) 866-225-88. Mobile hotlines are also available: 0998-857-2957 / 0968-865-4670 (Smart) and 0917-127-5987 / 0917-110-9812 (Globe).

8 DAYS LEFT!

Pay as you file!

With the deadline fast approaching, the BIR is reminding taxpayers to pay their exact 2025 Annual Income Tax on the day of filing their Return.

Deadline: on or before April 15, 2026.