RAVS Accounting Services

4 Days to go before Quarterly Deadline!

Four days to go! Filing has been made easier electronically through eBIRForms or eFPS, whichever is applicable.

April 25, 2023 is the deadline for Filing & Payment of the First Quarter VAT Return.

VAT Wisely!

Deadline for Q1's Quarterly Vat Return Coming Up!

Five days to go! Filing has been made easier electronically through eBIRForms or eFPS, whichever is applicable.

April 25, 2023 is the deadline for Filing & Payment of the First Quarter VAT Return.

VAT Wisely!

Last day!

LAST DAY TO FILE YOUR 2022 AITR

Today is the last day for filing of 2022 Annual Income Tax Returns and payment of Income Tax due thereon. File your 2022 AITR and pay the Income Tax due now!

Don't know how to file your 2022 AITR? Watch our webinars to learn how.

Webinar on AITR Filing & Payment - Employees Earning Purely Compensation Income & Mixed Income Earners: https://bit.ly/BIRFBWebinar1

Webinar on AITR Filing & Payment - Self-Employed Individuals: https://bit.ly/BIRFBWebinar2

Webinar on AITR Filing & Payment - Corporations and Partnerships: https://bit.ly/BIRFBWebinar3

RAVS Accounting Services updated their business hours.

Planning to register your business?
We all start by registering our chosen business name with DTI (if solely owned). Here's a quick guide from DTI.

Do you have an online business today? Be sure to check out BIR regulations to ensure that your business doesn't get penalized.

Don't know how? We got you covered. Send us a message so we can assist you.

Revenue Memorandum Circular No. 60-2020

Notifies persons conducting business through any forms of electronic media regarding their tax obligations and the registration of their business with the BIR
For full text, http://ow.ly/Vm2Z30qOyTI

Revenue Regulations No. 12-2020

Amends Section 2 of RR No. 10-2020, as amended by RR No. 11-2020, relative to the extension of statutory deadlines and timelines for the filing and submission of any document and the payment of taxes pursuant to Section 4 (z) of RA No. 11469 (Bayanihan to Heal As One Act)
(Published in Manila Bulletin on May 22, 2020). For full text, http://ow.ly/fwIB30qIky5

It has been confirmed, no more extension guys.

Here's a third alternative to the SBWS Program Application, a week before the deadline.

For eligible employees of pre-qualified small businesses to receive cash subsidy under the Small Business Wage Subsidy (SBWS) Program:

In lieu of the employee's bank enrollment procedures to their mysss account.

Revenue Memorandum Circular No. 42-2020

Prescribes the guidelines in the filing and payment of Income Tax Returns for Taxable Year 2019. For full text, http://ow.ly/TyMV30qz9BZ
Annex A: http://ow.ly/CIOk30qz9CZ

UPDATE as of April 24: Deadline of application period for the SBWS program is extended until May 8, 2020.

ANO BA ANG SMALL BUSINESS WAGE SUBSIDY (SBWS) PROGRAM?

Ang SBWS ay programa ng gobyerno na magbibigay ng ayuda sa 3.4 milyong empleyado ng 1.5 milyong small businesses nationwide na apektado ng quarantine. Ang kabuuang halaga ng ayuda ay 51 billion pesos.

For the English version of this material: https://www.dof.gov.ph/small-business-wage-subsidy-program/

Revenue Regulations No.10-2020

Amends Section 2 of RR No. 7-2020 relative to the extension of statutory deadlines and timelines for the filing and submission of any document and payment of taxes pursuant to Section 4 (z) of RA No. 11469 (Bayanihan to Heal as One Act).
- Published in Manila Bulletin on April 15, 2020
For full text, http://ow.ly/eSWi30qxYbU

Extension of Filing of 2019 ITR.

Update: ITR Filing & Payment for CY 2019
Revenue Memorandum Circular (RMC) No. 28-2020, for full text: http://ow.ly/HrB530qsLLw
RMC No. 30-2020, for full text: http://ow.ly/qysW30qsLM5
Annex A: http://ow.ly/c4A930qsLMn