BIR has released RMC 87-2024 to clarify some questions regarding Filing and Paying of Taxes under the system of Ease of Paying Taxes. Let’s take a look at the various methods available for taxpayers to file their tax returns, depending on their enrollment status and the availability of elect...
What is substituted filing and when am I qualified for it? A substituted filing is an arrangement where your current employer will file your tax return on your behalf. If you are qualified for this, you do not need to do anything with your 2018 taxes as your employer will sort it out f...
BIR Form 0605 is a Payment Form, thus it is used in filing for payment of taxes and fees which do not require the use of tax return such as second installment payment of income tax, deficiency tax, delinquency tax, registration fees, penalties, advance payments, deposits and installment paym...