PhilConsult, Author at PHILIPPINE CONSULTING CENTER, INC.

Bureau of Internal Revenue issued Revenue Memorandum Circular (RMC) 54-2021 last April 27, 2021 to clarify certain provisions of Revenue Regulations (RR) No. 34-2020.

Post author:PhilConsult
Post published:April 29, 2021
Post category:BIR / Tax
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Here are FAQs that are now clarified by the BIR A1: A taxpayer is required to file an RPT Form if the following conditions are present: It is required to…

Attachments Required to be Submitted within 15 days from Filing Annual Income Tax Return

Post author:PhilConsult
Post published:April 27, 2021
Post category:BIR / Tax
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Based on the existing tax rules and regulations, a taxpayer is required to submit a copy of electronically filed ITR with Filing Reference Number (FRN) thru eFPS facility or…

BIR Issued Policies and Guidelines for the use of e-Signature

Post author:PhilConsult
Post published:March 2, 2021
Post category:BIR / Tax
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As the continuing effect of COVID 19, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) 29-2021 to provide policies and guidelines for the use of e-Signature on…

SEC NOTICE EXTENSION ON SUBMISSION MEMO. 28 S.2020

Post author:PhilConsult
Post published:December 28, 2020
Post category:Business Registration / SEC
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The deadline for the submission of email address and mobile phone number is extended by SEC to February 22, 2021 without penalty.However, corporations, associations and partnership with certificate of registration…

Digitization for the Better

Post author:PhilConsult
Post published:September 20, 2020
Post category:Digitization
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Stay at Home, Minimize Contact, Social Distancing and Skeleton work force is the result of the COVID19 pandemic. These changed how people we interact with one another and how we…

Tax Compliance of Online Sellers in the Philippines

Post author:PhilConsult
Post published:September 1, 2020
Post category:BIR / Tax / VAT
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As a general principle under the Philippines Tax Code, a) Filipino citizen or corporation income earned within and outside of the Philippines; or b) foreign citizen or corporation income within…

Tax & Business Nugget – Aug 2020

Post author:PhilConsult
Post published:August 1, 2020
Post category:Accounting / BIR / News / PAG-IBIG / PHILHEALTH / SSS
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TAX & BUSINESS UPDATES OF PHILIPPINE CONSULTING CENTER INC. Bureau of Internal Revenues Latest Issuances Filing of Various Returns and Payment Revenue Memoradum Circular No. 79-2020 All concerned taxpayers duly registered…

Register a Business as a Sole Proprietorship

Post author:PhilConsult
Post published:July 18, 2020
Post category:Business Registration / Licensing / News
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The global health crisis that has had major cities worldwide on lockdown. Businesses closed down. Employees were laid off. But there were the fortunate ones who were able to work…