PUBLISHED: March 25, 2022
Compliance, penalties, and deadlines. This is not the ordinary “save the date” you usually get. But this is the “save the date” that you need to take note of. Here are some important dates for the Tax Calendar 2022 to avoid penalties and beat the deadlines!
Disclaimer: QNE Software published this Tax Calendar 2022 blog to inform taxpayers of the BIR’s filing dates. This Tax Calendar 2022 only serves to provide valuable information and thus cannot be held liable for any error that clients may commit that will result to misinterpretation or other related causes.
INCOME TAX DEADLINES
| Form Title: | 1701 (Annual Income Tax Return for Individuals) |
| Date of Submission: | April 15 |
| Coverage: | January to December of the Previous Year |
| Form Title: | 1701Q (Quarterly Income Tax Return for Individuals, Estates and Trusts) | ||
| Dates of Submission: | May 15 | August 15 | November 15 |
| Coverage: | January – March | April – June | July – September |
PERCENTAGE TAX DEADLINES
| Form Title: | 2551Q (Quarterly Percentage Tax Return) | |||
| Date of Submission: | April 25 | July 25 | October 25 | January 25 |
| Coverage: | January – March | April – June | July – September | October – December |
VAT DEADLINES
| Form Title: | 2550M (Monthly Value-Added Tax Declaration) | |||||||
| Dates of Submission: | Feb 20 | Mar 20 | May 20 | June 20 | Aug 20 |
Sep 20 |
Nov 20 | Dec 20 |
| Coverage (Month/s of): | Jan | Feb | April | May | July | Aug | Oct | Nov |
| Form Title: | 2550Q (Quarterly Value-Added Tax Return) | |||
| Date of Submission: | January 25 | April 25 | July 25 | October 25 |
| Coverage: | October – December of previous year | January – March | April – June | July – September |
Non-filing can really hurt one’s business, aside from the penalties indicated by the bureau, it can also harm its standing. It is important not just keep these dates in mind but as well as having the right accounting system software to efficiently manage accounts and governmental reports at the same time. View more of BIR’s Tax Calendar 2022 by visiting this link: BIR Tax Calendar 2022.
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