The Bureau of Internal Revenue (BIR), through Revenue Memorandum Order 1-2026, has prohibited tax examiners and taxpayers from conducting audits and assessments of accounting records in restaurants, cafes, and other public places. Commissioner Charlito Martin R. Mendoza ordered that tax…
The Marikina City government approved an ordinance granting a 100 percent local tax exemption for qualified sari-sari stores and carinderias in 2026, provided they do not sell alcohol or cigarettes. The city also approved a full amnesty on interests and…
BIR rolls out the LOA Verifier for tax audits. Under Revenue Memorandum Circular No. 5-2026, the Bureau of Internal Revenue introduces the Letter of Authority (LOA) Verifier, allowing taxpayers to confirm the validity of issued LOAs and ensure that tax…
The Bureau of Internal Revenue is expected to lift the suspension on tax audits within the first quarter, allowing the issuance of Letters of Authority to resume after months of review. Officials said the restart will come with tighter safeguards,…
The Bureau of Internal Revenue said it is nearing completion of proposed reforms to its tax audit process, including changes to the issuance of Letters of Authority to address long-standing complaints of abuse and multiple audits. BIR Commissioner Charlie Mendoza…
We are delighted to announce the well-deserved promotions of our team members this December. Their dedication, professionalism, and outstanding contributions have greatly strengthened our team. We look forward to their continued growth and success in their new roles. Congratulations on…
Get ready for another round of compliance this coming week. Several submissions, e-submissions, and remittances are lined up, including requirements for November transactions and system-generated reports. With multiple forms and schedules due on different dates, it’s a good time to…
The Department of Finance has announced the temporary suspension of all Bureau of Internal Revenue field audits amid rising complaints of abuse and misuse. The pause covers the issuance of Letters of Authority and Mission Orders as the agency conducts…
Charlito Martin Rada Mendoza has transitioned from the Department of Finance to assume a new post within the Bureau of Internal Revenue after being appointed by President Ferdinand “Bongbong” Marcos Jr. His appointment follows an official confirmation of leadership changes…
Employers, payroll professionals, and individuals, especially those handling international clients or foreign employees, should review their withholding setups, tax rates, and payroll processes to ensure compliance with the updated law.