News & Updates
Read more about the latest news and updates on the industry policies and upcoming deadlines to ensure up-to-date coverage.

December 2019 BIR Deadlines
Knowing when and what to file can save you a lot of headaches at tax time. Here are some reminders and guidelines to give you a heads up of the upcoming BIR deadlines for…

Securing Tax Exemption on Separation Pay
Under the National Internal Revenue Code Section 32 (B) (6) (b), separation benefits received by an official or employee or by his heirs from the employer are exempt from income

Tax Implication of Donations
The catchphrase “Corporate Social Responsibility” has been popular in the business community for it stresses the importance of moral, ethical, and philanthropic responsibilities by giving donations to groups with special

Who do you think are entitled to 13th Month Pay?
13th Month Pay is a mandatory benefit provided to employees pursuant to Presidential Decree No. 851 which requires employers to grant 13th month pay to all its rank and file

Guidelines on the Number and Qualifications of Incorporators Under the Revised Corporation Code
Under Section 10 of RA No. 11232 An Act Providing for the Revised Corporation Code of the Philippines, states that it allows any person, partnership, corporation or association, singly or

Tax Reminders on Receipts
Tax Notes on Expiration of Principal and Supplementary Receipts and Invoices. – Did you know that a new Authority To Print (ATP) for principal and supplementary invoices and receipts should