AHC Certified Public Accountants – Advisories

We provide updates on the latest issuances, memorandums, and notices regarding tax, accounting, and bookkeeping for businesses in the Philippines. 

24 Aug: BIR RMC No. 95-2021

BIR publishes the Agency Accountability Timelines under Section 5.0 of the Inter-Agency Task Force (IATF) Memorandum Circular No. 2021-1 titled “Guidelines on the Grant of the Performance-Based Bonus (PBB) for the Fiscal Year (FY) 2021 under Executive Order No. 80, s. 2012” and published under RMC No. 85-2021.

18 Aug: BIR RMC No. 92-2021

BIR extends the deadline for filing of position papers, replies, protests, documents and other similar letters and correspondences in relation to the ongoing BIR audit investigation and filing of VAT Refund with the VAT Credit Audit Division due to the declaration of ECQ and MECQ in the National Capital Region and other areas of the country.