Since March 15, 2020, Metro Manila has been under strict community quarantine imposition of the Enhanced Community Quarantine (ECQ) pursuant to the Republic Act No. 11469, otherwise known as Bayanihan to Heal as One Act. Because of the increasing cases of the pandemic, even the government offices had to adjust to the circumstances as only a skeletal force or work-from-home setup are allowed. 

How will that affect the business sectors who are mandated to comply in submitting business documents to the BIR? 

Because of the quarantine, the manual tax filing is widely discouraged as a way to file income tax returns.  As such there are two other ways that you can do to file your income taxes. One is through Electronic Filing and Payment System also known as eFPS and the other is through Electronic BIR Forms (eBIRForms). 

Electronic Filing and Payment System (eFPS) Electronic Filing and Payment System (eFPS) eBIRForms has the capability to file tax returns and accept payment of tax liabilities online but it is limited only to businesses that can meet one of these criteria: 

– Taxpayer Account Management Program (TAMP) taxpayers 

– Those required to secure the BIR-ICC and BIR-BCC 

– National Government Agencies 

– Licensed Local Contractors 

– Enterprises enjoying fiscal incentives (PEZA, BOI, etc.) 

– Top 5,000 Individual Taxpayers 

– Corporations with paid-up capital stock of P10 million and above 

– Corporations with complete Computerized Accounting System (CAS) 

– Procuring government agencies on withholding VAT and Percentage taxes 

– Government bidders 

– Large Taxpayers 

– Top 20,000 Private Corporations 

– Insurance companies and stockbrokers 

It is easy and accessible through web browsers but please note that is has a corresponding requirement for the browsers it supports: 

  • Mozilla Firefox version 40 and up; or 
  • Google Chrome version 45 and up; or 
  • Internet Explorer version 11 and up 

If your web browser is below the version mentioned above, the website might not run perfectly or not at all.   

For other businesses that does not meet any of the above criteria, you should use the other method to file online which is the Electronic BIR Forms.  

eBIRForms.  https://www.bir.gov.ph/index.php/eservices/ebirforms.html is primarily developed to provide an easier and more convenient alternative in preparing and filing income tax returns. Using this will help improve the BIR’s data capturing and storage making the files more efficient and accurate. 

To use this alternative, you have to understand that this method will have two ways. One is to download the Offline Package where the taxpayers and ATAs need to prepare and accomplish the BIR forms. Instead of writing in forms through manual filing, you can now directly encode data, validate, edit, save, delete, view, print, and submit forms. Since this is an offline tool, you don’t have to worry about unstable internet while encoding data. 

Click here to download the offline package from the BIR Official Site [link to: https://www.bir.gov.ph/images/bir_files/ebirforms/ebirforms_package_v7.6.zip 

The package can also automatically compute and validate information encoded on it.Once the forms are fully encoded, it can now be submitted to the Online eBIRForms System. 

The Online eBIRForms System is a filing infrastructure that accepts tax returns submitted online and automatically computes penalties for tax returns submitted beyond due date. 

The System creates secure user accounts for taxpayers, ATAs and Tax Software Providers (TSPs) for use of the online System, and allows ATAs to file on behalf of their clients. It also has a facility for TSPs to test and certify the data generated by their tax preparation software (certification is by form). And it is capable of accepting returns data filed using certified TSP tax preparation software as well. 

Learn more about it HERE. eTaxpoint

As for the modes of payment, you can use Globe’s Gcash, PayMaya, LandBank, Development Bank of the Philippines, Unionbank or any one of these banks’ payment portal. 

Do you need help with your Bookkeeping or Tax Management? Contact us to learn more about eTaxpoint (source: < http://www.innovathink.com.ph/etax-products/> ). A tax-based computerized accounting software which uses TAX Code rules and regulations and other tax laws and issuances in recording business information. It will assist companies in the accounting cycle, making the steps of the cycle easier to keep track of and record.