January 19, 2023

Alphanumeric Tax Codes (ATCs) for Excise Taxes and Tobacco Inspection Fees on Novel Tobacco Products

Pursuant to implementation of RA 1190, BIR presents two new ATCs for Tobacco products (Excise tax and Tobacco inspection fees) under this new RMO that was […]
January 5, 2023

Availability of the Revised Alphalist Format in the BIR Form No. 1604-C (Annual Information Return of Income Taxes Withheld on Compensation)

The Bureau of Internal Revenue (BIR) has recently issued Revenue Memorandum Circular (RMC) No. 160-2022 announcing the availability of the Revised Alphalist Format in BIR Form […]
January 5, 2023

Suspension of the Increase of PhilHealth Premium Rate and Income Ceiling for 2023

President Ferdinand Marcos Jr. ordered the suspension of PhilHealth’s new premium contribution rates and income ceiling for 2023 as Filipinos still grapple with economic challenges caused […]