Acsignica

𝗣𝗨𝗕𝗟𝗜𝗖 𝗔𝗗𝗩𝗜𝗦𝗢𝗥𝗬 : 𝗕𝗜𝗥 𝗘𝗫𝗧𝗘𝗡𝗗𝗦 𝗗𝗘𝗔𝗗𝗟𝗜𝗡𝗘 𝗙𝗢𝗥 𝗘𝗔𝗙𝗦 𝗦𝗨𝗕𝗠𝗜𝗦𝗦𝗜𝗢𝗡𝗦 𝗨𝗡𝗧𝗜𝗟 𝗠𝗔𝗬 𝟮𝟱

The Bureau of Internal Revenue (BIR) has announced that it is extending the deadline for the submission of the 2025 Audited Financial Statements (AFS) and other mandatory attachments through the Electronic Audited Financial Statements (eAFS) facility until May 25, 2026.

The extension was finalized through Revenue Memorandum Circular No. 46-2026 to provide administrative relief to taxpayers who encountered eAFS system-related technical issues during the recently concluded 2025 Annual Income Tax Return (AITR) filing season.

Under this issuance, penalties arising solely from delayed attachment submissions during this period are waived.

The extension until May 25, 2026, strictly applies to the following taxpayers:

1. Those who were unable to successfully upload their 2025 AFS and attachments through the eAFS platform on or before May 15, 2026, due to system-related issues; and

2. Those who utilized the contingency email submission route on or before May 15, 2026, but have not yet received an official email acknowledgment receipt from their concerned BIR office.

Taxpayers who submitted their attachments through the prescribed contingency email procedure on or before May 15, 2026, and have already received an email acknowledgment from their concerned BIR office, are considered fully compliant.

They are not required to resubmit via the eAFS facility, though they may still choose to do so voluntarily.

The BIR clarified that this extension applies only to the submission of the AFS and related attachments through the eAFS facility. It does not extend the statutory deadline for the filing and payment of the Annual Income Tax Return (AITR) itself.

The full copy of the guidelines can be accessed through this link:https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2046-2026.pdf

IMPORTANT ANNOUNCEMENT

As a workaround solution, taxpayers are instructed to submit/ email their eAFS attachments to the official email address of the concerned RDO.

Submit now to

[email protected]

📣 𝗦𝗘𝗖 𝘀𝘂𝘀𝗽𝗲𝗻𝗱𝘀 𝗺𝗼𝗻𝘁𝗵𝗹𝘆 𝗽𝗲𝗻𝗮𝗹𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗹𝗮𝘁𝗲, 𝗻𝗼𝗻-𝗳𝗶𝗹𝗶𝗻𝗴 𝗼𝗳 𝗿𝗲𝗽𝗼𝗿𝘁𝘀

The Securities and Exchange Commission (SEC) is suspending until December 31, 2026 the imposition of monthly penalties in the late or non-filing of reportorial requirements, as it seeks to reduce transaction costs and promote the ease of doing business.

In its meeting on May 5, the Commission En Banc approved the suspension of penalties imposed for every month of delay for the late or non-filing of reportorial requirements, as provided under SEC Memorandum Circular No. 6, Series of 2024 (MC 6).

“As we celebrate the Ease of Doing Business month this May, the SEC reaffirms its commitment to foster a robust and responsive business environment,” SEC Chairperson Francis Lim said.

“By suspending the compounding monthly penalties, we are providing corporations an opportunity to get back their good standing without the burden of mounting transaction costs, as part of our goal of pushing corporations toward full compliance and sustainable growth,” he added.

The suspension will apply to corporations with pending monitoring applications. Corporations that have received final assessments but have not yet settled payment will be issued updated assessments excluding the per month of delay components.

Read the full memorandum circular here: https://www.sec.gov.ph/mc-2026/sec-mc-no-16-series-of-2026suspension-of-the-per-month-of-delay-penalty-for-late-and-non-filing-of-reportorial-requirements-under-sec-memorandum-circular-no-6-series-of-2024/

Read the full press release here: https://www.sec.gov.ph/pr-2026/sec-suspends-monthly-penalties-for-late-non-filing-of-reports/

📢 eBIRForms v7.9.6 is now available!
Ensure a smooth transition by following the proper steps in transferring your data from the previous version.

✅ Download the latest version
✅ Copy and transfer your existing data files
✅ Update your TIN format
✅ Verify your records

Stay compliant and avoid filing issues by updating today.

✅ 𝐍𝐄𝐖 𝐈𝐒𝐒𝐔𝐀𝐍𝐂𝐄
𝐑𝐄𝐕𝐄𝐍𝐔𝐄 𝐌𝐄𝐌𝐎𝐑𝐀𝐍𝐃𝐔𝐌 𝐂𝐈𝐑𝐂𝐔𝐋𝐀𝐑 𝐍𝐎. 𝟑𝟕-𝟐𝟎𝟐𝟔

Amending Pertinent Provisions of Revenue Memorandum Circular No. 20-2026 to Include Electronic Filing of BIR Form No. 1701-MS Through the BIR Offline eBIRForms Package 7.9.6

Full Memorandum:https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2037-2026.pdf

Link to Download BIR Offline eBIRForms Package 7.9.6: https://www.bir.gov.ph/ebirforms?fbclid=IwZXh0bgNhZW0CMTAAYnJpZBExdEt6QTJQZUF6Wjljb0l1bnNydGMGYXBwX2lkEDIyMjAzOTE3ODgyMDA4OTIAAR668WD6LJ4NaDXcCGfmBxdmY3Fs7WhXMzB4kBPw9aHiyagWty9cEUMNeaNmnw_aem_wDxiBQ5Yw6-wv2kzTtxotQ

REVENUE MEMORANDUM CIRCULAR NO. 031-2026

Circularizing Executive Order No. 114, Series of 2026, Entitled "Temporarily Suspending the Excise Taxes on Specific Petroleum Products Pursuant to Section 148 of Republic Act No. 8424, or the National Internal Revenue Code of 1997, As Amended"

For full text you may click the link below:
https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2031-2026.pdf

📢 ADVISORY TO ALL TAXPAYERS

Extended na ang deadline! ⏳

Alinsunod sa Revenue Memorandum Circular No. 030-2026, ang paghahain ng 2025 Annual Income Tax Return (AITR) at pagbabayad ng kaukulang buwis ay pinalawig hanggang May 15, 2026.

Hinihikayat ang lahat na samantalahin ang extension at mag-file nang maaga upang maiwasan ang abala.

Pinalawig ni Pangulong Bongbong Marcos ng isang buwan ang deadline ng paghahain ng income tax returns (ITR).

Mula sa deadline bukas, April 15, 2026, ay pinalawig ito hanggang May 15, 2026. | via Tuesday Niu/DZBB

BASAHIN: https://www.gmanetwork.com/news/money/personalfinance/983834/marcos-deadline-of-filing-of-income-tax-returns-extended-to-may-15-2026/story/