Reyes Accounting Services

07/03/2025

BIR RR 11-2025
MANDATORY E-INVOICING FOR Certain Taxpayers

-Engaged in electronic commerce
-Taxpayers under the jurisdiction of the Large Taxpayer
Taxpayers using a Computerized Accounting System (CAS) or Cloud-Based Accounting (CBA) with accounting records

Deadline: 1 year from the effectivity of this regulation to comply with the issuance of E-invoices.

Exemptions & Voluntary Compliance - Micro taxpayers are exempt from this regulation but may opt to voluntarily issue E-invoices.

Additional Allowable Deductions for Taxpayers Using E-Invoices & E-Sales Reporting:

Micro & Small Taxpayers – 100% of the cost of system setup
Medium & Large Taxpayers – 50% of the cost of system setup

10/10/2024

09/10/2024

File your vat on or before October 25 2024

With the deadline fast approaching, the BIR is reminding taxpayers to file their 2024 3rd Quarter Value-Added Tax (VAT) Return and pay the Tax Due thereon on or before October 25, 2024.

06/10/2024

18/09/2024

Revenue Regulations No. 15-2024

Prescribing Policies and Guidelines in the Mandatory Registration of Persons Engaged in Business and Administrative Sanctions and Criminal Liabilities for Non-Registration. For full text, https://tinyurl.com/5cxn4z5u

From bir website

23/08/2024

24/07/2024

24/07/2024

With the deadline fast approaching, the BIR is reminding taxpayers to file their 2024 2nd Quarter Percentage Tax Return and pay the Tax Due thereon on or before July 25, 2024.

24/07/2024

With the deadline fast approaching, the BIR is reminding taxpayers to file their 2024 2nd Quarter Value-Added Tax (VAT) Return and pay the Tax Due thereon on or before July 25, 2024.