Auditor & Associates - Accounting Firm

Let’s clarify one common misunderstanding about the BIR Abatement Program.

The P5,000 is NOT a one-time payment that automatically covers all your open tax years.

The regulation provides that the application is made per taxable year. If your 2024 tax liabilities qualify, that’s one application. If your 2025 liabilities also qualify, that’s another application. Each accepted application has a corresponding P5,000 fee.

On the other hand, if you have several tax types (Income Tax, VAT, Withholding Tax, etc.) within the same taxable year, they may be included in one application, subject to the requirements of RR No. 4-2026.

As always, read the regulation carefully. A small misunderstanding can lead to costly mistakes.

Photo credit to Bureau of Internal Revenue Philippines

The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 46-2026 extending the deadline for submitting 2025 Audited Financial Statements (AFS) and other attachments through the eAFS system.

Taxpayers who were unable to submit on or before May 15 because of system problems, or those who submitted through the contingency email but did not receive confirmation, may still submit or re-submit their documents through eAFS until May 25, 2026 without penalties.

Please note that this extension applies only to the submission of eAFS attachments and does not extend the deadline for filing the Annual Income Tax Return (AITR).

Source: Bureau of Internal Revenue Philippines website

ANNOUNCEMENT!

FYI — the Bureau of Internal Revenue has moved the deadline for the 2025 Annual Income Tax Return.

📄 REVENUE MEMORANDUM CIRCULAR NO. 030-2026

SUBJECT: Extension of the deadline for the filing of 2025 Annual Income Tax Returns and payment of the corresponding taxes due thereon, including submission of required attachments

The Bureau of Internal Revenue issued this Circular to provide taxpayers additional time to comply with their 2025 Annual Income Tax obligations.

In view of Executive Order No. 110, s. 2026, which declared a State of National Energy Emergency, the deadline for filing, payment, and submission has been extended:

🗓 From: April 15, 2026
🗓 To: May 15, 2026

This extension allows taxpayers to properly file their returns, settle taxes due, and complete required attachments without penalties.

Taxpayers may file and pay through:
• BIR electronic filing systems (eFPS / eBIRForms)
• Electronic payment channels
• Authorized Agent Banks (AABs)

All concerned are advised to take note and comply accordingly.