Cigma Business Solutions

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ANNOUNCEMENT!

List of Deadline for 2025 Reports to Compliance Section.

Are you a new business owner or freelancer? We shall be posting series of questions and answers. Please follow us to get updated.

Message us for any quick questions.

Need consultation? Send us a message.

Did you know? That filing of Annual withholding tax is done separately via the 1604C and 1604F.

Refer to the attached RMC for details.

Tax Reminder. INVENTORY LIST

Avoid the Rush!

The BIR is reminding corporate taxpayers to file their 2025 3rd Quarter Income Tax Return and pay the Tax Due thereon on or before December 01, 2025.

“Ang tunay na business plan: paano mabuhay after magbayad ng tax. 📊😅”

Who are required to keep subsidiary journals?

Subsidiary Sales and Purchase Journals are required for:

VAT-registered taxpayers (to separately record VAT, zero-rated, and exempt transactions).

Businesses with high-volume sales or purchases (wholesalers, retailers, distributors).

Companies with credit transactions (to track accounts receivable/payable).

DTI TRUSTMARK

What it is: An official seal from the Department of Trade and Industry (DTI) for legitimate online businesses.

Purpose: To build trust and confidence in e-commerce by identifying safe and reliable sellers.

Key Features:

✅ Business legitimacy (registered with DTI or SEC, with valid permits).

✅ Compliance with consumer protection and data privacy laws.

✅ Commitment to fair trade and transparent transactions.

✅ Provides customer support and proper complaint handling.

For Consumers: Helps buyers identify trustworthy online shops and avoid scams.

For Businesses: Serves as a badge of credibility, increasing customer trust and competitiveness.

TAX TIP

Know how to spot a valid mission order. 👇

Did you know?

Without the Mission Order, BIR cannot legally conduct tax mapping, surveillance, or any field enforcement activity against your business.

What is a MISSION ORDER?

A Mission Order (MO) is a formal written authority issued by the Bureau of Internal Revenue (BIR) to its authorized revenue officers, granting them the power to conduct specific enforcement or verification activities. It serves as the legal document that legitimizes their presence in a taxpayer’s business premises or their request for documents.