The Bureau of Internal Revenue (BIR) has recently issued Revenue Memorandum Circular (RMC) No. 29-2024 extending the deadline for the submission of the Certificate of Compensation Payment/Tax Withheld (BIR Form No. 2316) from February 28, 2024 to March 31, 2024. For purposes of uniformity in the submission of other reportorial requirements, only the following documents…
The Bureau of Internal Revenue Philippines has recently issued Revenue Memorandum Circular (RMC) No. 16-2024 extending the deadline of submission of the Alphabetical List of Employees/Payees for taxable year 2023 to February 28, 2024. A separate tax advisory shall be posted informing the availability of the updated version of the Alphalist Data Entry and Validation…
The Home Development Mutual Fund (HDMF) issued Circular No. 460 to publish the Guidelines on the Pag-IBIG Fund’s Implementation of Increase in the Maximum Fund Salary (MFS) Effective February 2024. The contribution rate of all Pag-IBIG I members both mandatory and voluntary shall be as follows, unless otherwise specified: Contribution Rate Fund Salary P1,500 and…