The BIR Monthly Deadline: Forms and Reports
PUBLISHED: April 11, 2023
When it comes to being government-compliant, knowing the BIR monthly deadline by heart comes to mind. In case you need a refresher or a handy reference, here are some of the resources compiled that can help guide you with the BIR monthly deadline.
BIR Form 0619-E
Every withholding agent/payor obliged to deduct and withhold taxes on income payments subject to Expanded/Creditable Withholding Taxes should complete this monthly remittance form in triplicate. For this form, the BIR monthly deadline is for the first two (2) months of each calendar quarter.
Check out this article to know more: BIR Form 0619-E
BIR Form 1601EQ
BIR Form 1601EQ is the Quarterly Remittance Return of Creditable Income Taxes Withheld (Expanded). This form shall be filed and paid on or before the last day of the month following the month in which withholding was made except for taxes withheld.
Read more here: BIR Form 1601EQ
QAP (Quarterly Alphalist of Payees)
QAP is a file that contains all the names of the payees that is included in the company’s 1601-EQ/1601-FQ report. According to RR No. 11-2018 the withholding tax returns filed by the withholding agents using BIR Form 1601-EQ and BIR Form 1604E shall be accompanied by the QAP and Annual Alphabetical List of Employees.
Know more about QAP in this blog: Quarterly Alphalist of Payees
In order to file tax returns for a given period, the payee must provide BIR SAWT, a document that summarizes the tax credits from every BIR Form 2307 form the payor has issued. The BIR monthly deadline for withholding and percentage is within ten (10) days following the end of each month, and for VAT it is within twenty (20) days following the end of each month.
Here is a more in-depth article about BIR SAWT: BIR SAWT
BIR Form 2307
Certificate of Creditable Tax Withheld at Source also known as the BIR Form 2307 is a form that displays the income subjected to expanded withholding tax paid by the withholding agent. With different deadlines for submission, this form is an obligation of the payor and/or employer. While Payees are required to attach BIR 1701/1701Q forms to claim Tax Credit.
Know more here: BIR Form 2307
BIR Form 2550M
The Monthly Value-Added Tax Declaration, also known as BIR Form 2550M, is a document required for sales of goods and services. a VAT-like indirect tax that is levied on consumers of goods and services. The BIR monthly deadline should be filed no later than the 20th day after the end of the month.
Read more about it here: BIR Form 2550M
BIR Form 2550Q
BIR Form 2550Q also known as the Quarterly Value-Added Tax Return is a form imposed on sales goods and services. An indirect tax (VAT) that is passed to the buyers who consumes the products and services. This form shall be filed not later than the 25th day following the close of each taxable quarter.
Read more about it here: BIR Form 2550Q
However, if you are VAT-registered, be informed that this BIR monthly deadline no longer applies to you due to a change from the TRAIN Law starting January 1, 2023.
Here is your reference for this policy update: RMC 5-2023
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