Elmavidalitap.com
Business & Tax Advisory & Compliance;
External Audit; Bookkeeping; Accounting; Payroll;
To further support Ayala Land's effort to help Social Enterprises,
Ayala Malls introduced Incubator Hub where they giveaway space in their malls free of rent including Solenad in Nuvali!
Interested? Inquire now!
It’s Philippines Independence Day today! 🙏🇵🇭
Today, June 12, is Independence Day in the Philippines.
We stand with our fellow Filipinos as they commemorate their past and continue their fight for democracy and a better Philippines. Let us remember the words of Sen. Miriam Defensor Santiago:
"Kaya sugod lang tayo nang sugod. Ang mga mahihina ang IQ, hihinto rin ‘yan. But remember, you are the Filipino people, not the people who are in Malacanang, not the people who are in the Senate, and not certainly the Congresswomen and the Congressmen in the House of Representatives. It is the Filipino voter who stands for the Filipino people. We are the citizens of the Republic of the Philippines, not of anybody’s territorial republic. "
“You'll do it, despite rejection and the worst odds. ...”
You'll do it, despite rejection and the worst odds. And it will be better than anything else you can imagine. If you're going to try, go all the way. There is no other feeling like that. ~Charles Bukowski
(Book: Factotum https://amzn.to/3kiBwiR)
FYI
Filing of AFS for TY 2020 extended
EXTENSION OF THE DEADLINE FOR THE SUBMISSION OF ANNUAL REPORTS FOR THE CALENDAR YEAR ENDED DECEMBER 31, 2020 and QUARTERLY REPORT AS OF MARCH 31, 2021
The Commission on April 8, 2021 issued SEC Memorandum Circular No. 5, Series of 2021, extending the deadline for the submission of Annual Reports (SEC Form 17-A) for the fiscal year ended December 31, 2020 to May 17, 2021. This extended deadline was subject to an automatic adjustment to conform to any subsequent Bureau of Internal Revenue (BIR) announcement to move its own deadline for the submission of Annual Financial Statements (AFS) to a date later than May 17, 2021.
On April 28, 2021, the BIR issued an Advisory informing concerned taxpayers that the submission of the required attachments (which includes the AFS) to the electronically filed amended Annual Income Tax Return (AITR) shall be submitted on or before May 30, 2021.
In light of the Advisory issued by the BIR and the Commission’s recognition of the challenges in the preparation and finalization of the AFS, the Commission En Banc, in its meeting held on May 18, 2021, resolved to further extend the deadline for the submission of Annual Reports for the calendar year ended December 31, 2020 to June 1, 2021 from May 17, 2021.
Likewise, considering that the Statement of Financial Position as of the calendar year ended December 31, 2020 is required to be presented in the Interim Financial Statements, the Commission also resolved to extend the deadline for the submission of Quarterly Reports (SEC Form 17-Q) for the period ended March 31, 2021 to June 1, 2021.
Please be guided accordingly.
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Listen, watch, know, and learn regarding filing of financial statements, general information sheet (GIS) etc
Consult your tax advisor now before it is too late!😉
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