ASP Co., & CPA

AUGUST 2026 TAX DEADLINES
Stay compliant. Stay informed. Stay ahead.

Here’s your reminder of the important BIR filing deadlines this August 2026. 🧾

ASP Co., & CPA’s
Your trusted partner in Tax & Accounting Services.

DOF INCOME TAX BRACKET PROPOSAL

The Department of Finance has proposed new income tax brackets and a higher exemption threshold to ease the financial burden on middle-income earners.

Read more at the link in comments.

A NEW SPACE. A BIGGER WELCOME. 💙

This new space marks another milestone in our journey—giving us more room to grow, serve, and create greater possibilities for our clients.

Visit us at:
2nd Floor, AMS Compound, Peñafrancia Avenue, Naga City

Thank you for being part of our journey. We look forward to welcoming you to our new home!

New space. Bigger possibilities. Same commitment to quality service.

BIR RDO No. 65 – West Camarines Sur Tax Clinic

In celebration of the 122nd BIR Anniversary, BIR Revenue District Office No. 65 – West Camarines Sur is hosting a Tax Clinic to provide taxpayers with complimentary support for all tax-related questions and concerns.

Drop by and let our team assist you. We are dedicated to delivering efficient, responsive, and taxpayer-friendly service.

We look forward to seeing you there!

Revenue Memorandum Order No. 18-2026: Creation of Alphanumeric Tax Code (ATC) of Selected Revenue Source under
Revenue Regulations No. 004-2026

𝗕𝗜𝗥 𝗖𝗟𝗔𝗥𝗜𝗙𝗜𝗘𝗦 𝗖𝗥𝗘𝗗𝗜𝗧𝗔𝗕𝗟𝗘 𝗪𝗜𝗧𝗛𝗛𝗢𝗟𝗗𝗜𝗡𝗚 𝗧𝗔𝗫 𝗥𝗨𝗟𝗘𝗦 𝗙𝗢𝗥 𝗧𝗢𝗣 𝗪𝗜𝗧𝗛𝗛𝗢𝗟𝗗𝗜𝗡𝗚 𝗔𝗚𝗘𝗡𝗧𝗦 𝗨𝗡𝗗𝗘𝗥 𝗥𝗥 𝗡𝗢. 𝟮𝟰-𝟮𝟬𝟮𝟱

The Bureau of Internal Revenue (BIR) advises all Top Withholding Agents (TWA), manufacturers, direct importers, taxpayers, and other stakeholders that it has issued Revenue Memorandum Circular (RMC) No. 79-2026, which clarifies the provisions of Revenue Regulations (RR) No. 24-2025 on the imposition of Creditable Withholding Tax (CWT) on Top Withholding Agents.

The Circular provides answers to frequently asked questions on the implementation of RR No. 24-2025, including the application of the one-half percent (1/2%) CWT on purchases from manufacturers and direct importers of covered goods intended for wholesale. It also clarifies the documentary requirements for establishing a supplier's status, the proper interpretation of "intended for wholesale," and the circumstances under which the preferential 1/2% CWT rate applies.

In addition, RMC No. 79-2026 clarifies the application of the withholding tax rules to purchases involving motor vehicles in Completely Built Unit (CBU) or Semi-Knocked Down (SKD) form, motorcycles, pharmaceutical products, and solid and liquid fuels and related products. It also prescribes the appropriate corrective measures when an incorrect withholding tax rate has been applied.
The issuance aims to promote the uniform implementation of RR No. 24-2025, provide clearer guidance to withholding agents and taxpayers, and ensure the proper application of withholding tax rules in covered transactions.

For the full text of RMC No. 79-2026, visit the BIR website or access the Circular through this link:https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2079-2026_redacted.pdf

We're Looking for OJT Interns!

Ready to gain real-world experience in accounting, taxation, and business compliance?

Join ASP Tax and Business Solutions Co. and develop the skills you need to kick-start your professional career. Learn from experienced practitioners, work on actual business processes, and grow in a supportive environment.

✨ Available Areas:
• Accounting
• Taxation
• Business Compliance
• Administrative Support

📩 Send your resume today and be part of our growing team!

📢 ❣️PUBLIC ADVISORY❣️📢

BIR RDO 65 West Camarines Sur will be CLOSED tomorrow, June 18, 2026 (Thursday), in observance of Naga City Charter Day (RA No. 9210).

🗓️ Closure: June 18, 2026 (Thursday)
💼 Resumption of Office: June 19, 2026 (Friday)

Please plan your transactions accordingly.
For urgent matters, you may utilize BIR’s online eServices.

𝐂𝐎𝐌𝐏𝐋𝐈𝐀𝐍𝐂𝐄 𝐔𝐏𝐃𝐀𝐓𝐄: 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐂𝐥𝐨𝐬𝐮𝐫e

𝐓𝐡𝐞 𝐁𝐮𝐫𝐞𝐚𝐮 𝐨𝐟 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐥 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 (𝐁𝐈𝐑) 𝐡𝐚𝐬 𝐢𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐞𝐝 𝐬𝐢𝐦𝐩𝐥𝐢𝐟𝐢𝐞𝐝 𝐠𝐮𝐢𝐝𝐞𝐥𝐢𝐧𝐞𝐬 𝐟𝐨𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐚𝐧𝐝 𝐭𝐚𝐱 𝐫𝐞𝐠𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧 𝐜𝐚𝐧𝐜𝐞𝐥𝐥𝐚𝐭𝐢𝐨𝐧 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐑𝐌𝐂 𝐍𝐨. 𝟒𝟕-𝟐𝟎𝟐𝟔. 𝐓𝐡𝐢𝐬 𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞 𝐚𝐢𝐦𝐬 𝐭𝐨 𝐦𝐚𝐤𝐞 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐟𝐚𝐬𝐭𝐞𝐫, 𝐞𝐚𝐬𝐢𝐞𝐫, 𝐚𝐧𝐝 𝐥𝐞𝐬𝐬 𝐛𝐮𝐫𝐝𝐞𝐧𝐬𝐨𝐦𝐞 𝐟𝐨𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐨𝐰𝐧𝐞𝐫𝐬.

⏺️𝐒𝐢𝐦𝐩𝐥𝐢𝐟𝐢𝐞𝐝 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐩𝐫𝐨𝐜𝐞𝐬𝐬
⏺️𝐅𝐚𝐬𝐭𝐞𝐫 𝐩𝐫𝐨𝐜𝐞𝐬𝐬𝐢𝐧𝐠 𝐨𝐟 𝐭𝐚𝐱 𝐜𝐥𝐞𝐚𝐫𝐚𝐧𝐜𝐞𝐬
⏺️𝐓𝐚𝐱 𝐜𝐥𝐞𝐚𝐫𝐚𝐧𝐜𝐞 𝐢𝐬𝐬𝐮𝐚𝐧𝐜𝐞 𝐰𝐢𝐭𝐡𝐢𝐧 𝐭𝐡𝐫𝐞𝐞 (𝟑) 𝐰𝐨𝐫𝐤𝐢𝐧𝐠 𝐝𝐚𝐲𝐬 𝐟𝐨𝐫 𝐪𝐮𝐚𝐥𝐢𝐟𝐢𝐞𝐝 𝐭𝐚𝐱𝐩𝐚𝐲𝐞𝐫𝐬 𝐰𝐢𝐭𝐡 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬 𝐚𝐧𝐝 𝐧𝐨 𝐨𝐮𝐭𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐥𝐢𝐚𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬

Need assistance with your business closure and tax compliance requirements?

Let our experts help you close your business properly, efficiently, and stress-free.

Don’t hesitate to ask—we’re here to assist you!
📞0917 159 8129
📩
📍2nd floor AMS Compound Penafrancia Avenue, Naga City
🕓Monday - Friday (9:00AM - 6:00PM)