MJC Tax and Accounting Services

31/05/2022

Suspension of ALL Pending LOA/MO as of May 30, 2022 👇

Source: www.bir.gov.ph

Need help in filing your taxes? Email us at [email protected]

13/03/2022

Need help in filing your taxes? Contact us at
[email protected] 📣🗓️

15/04/2021

May you have good returns this tax season. Happy Tax Day, everyone! 🎉

Need help in filing your taxes? Contact us at
+63995-333-8318
[email protected]

09/04/2021

Offline eBIRForms Package v7.9 is now available to download 👇

bit.ly/2OxgX8e
Source: www.bir.gov.ph

Need help in filing your taxes? Contact us at
+63995-333-8318
[email protected]

09/04/2021

📣CREATE LAW Alert📣

Reduction of percentage tax for non-VAT taxpayers from 3% to 1% starting 1 July 2020 to 30 June 2023.

For those whose asking how to treat the difference (2%) 👇

Section 3.2.b states "Excess percentage tax payments as result of the decrease of tax rate from 3% to 1% starting July 1, 2020 until effectivity of these Regulations may be CARRIED FORWARD to the succeeding taxable quarter/s by reflecting the excess percentage tax payment under Line 17 of the Quarterly Percentage Tax Return (BIR Form No. 2551Q)".

For Full text - bit.ly/3wEPtPp
Source: www.bir.gov.ph

Need help in filing your taxes? Contact us at
+63995-333-8318
[email protected]

06/04/2021

RMC No. 46-2021

Clarifies the deadline of filing of Annual Income Tax Returns (AITR) for Taxable Year ending December 31, 2020; provides guidelines in the manner of filing thereof, including the use of electronic signature; and reiterates availability of eAFS.

Full text - bit.ly/39Ocd5L
Source: bir.gov.ph

Need help in filing your taxes? Contact us at
+63995-333-8318
[email protected]

05/04/2021

FYI! 📣📣📣

The Bureau of Internal Revenue (BIR) said Monday night, April 5, that the April 15, 2021 deadline for the filing of 2020 income tax returns (ITRs) will not be extended. Revenue Deputy for Operations Arnel Guballa said that the deadline is non-extendable regardless of the coronavirus disease (COVI

01/03/2021

Revenue Memorandum Circular No. 29-2021

Provides the policies and guidelines on the use of electronic signature (e-signature) on certain Bureau of Internal Revenue (BIR) Forms/Certificates:

a. 2304 - Certificate of Income Payment Not Subject to Withholding Tax
(Excluding Compensation Income)
b. 2306 - Certificate of Final Tax Withheld at Source
c. 2307- Certificate of Creditable Tax Withheld at Source
d. 2316 - Certificate of Compensation Payment/Tax Withheld

Full text - bit.ly/380uhJ0
Annex A - bit.ly/3q0jyo5
Source: bir.gov.ph

Need help in filing your taxes? Contact us at
+63995-333-8318
[email protected]

28/02/2021

Revenue Memorandum Circular No. 26-2021

Extends the deadline of submission of reportorial requirements on the exemption of Documentary Stamp Tax (DST) relief for qualified loans pursuant to Revenue Regulations No. 24-2020.
Full text - tinyurl.com/yb9kdbso

Source: bir.gov.ph

Need help in filing your taxes? Contact us at
+63995-333-8318
[email protected]

28/02/2021

Revenue Memorandum Circular No. 24-2021

Circularizes the nationwide implementation of Online Application for Tax Clearance for Bidding Purposes and Tax Compliance Verification Certificate (eTCBP/TCVC) through the Bureau’s official electronic-mail address.
Full text - tinyurl.com/y8mj984e
Annex - tinyurl.com/y9mhrd5n

Source: bir.gov.ph

Need help in filing your taxes? Contact us at
+63995-333-8318
[email protected]

20/02/2021

April 15 is ITR Day 📣

Need help in filing your ITR?
Contact us at:
📱+63995-333-8318
☎️(02) 7-091-63-22

✨MJC Tax and Accounting Services ✨