BIR further extends deadline of ITR filing to June 14

BIR further extends deadline of ITR filing to June 14

Tax & Auditing

Jason Rudolf Arteche

Jason Rudolf Arteche

211 week ago — 3 min read

The Bureau of Internal Revenue (BIR) has further extended the deadline to file and pay your taxes, and issued guidelines for filing and paying taxes in light of the COVID-19 pandemic. 

Further extension of deadline to file ITR and other tax documents/payments

Due to the extension of the quarantine period to May 15, BIR issued Revenue Regulation No. 11- 2020 (RR 11-2020) further extending the deadlines to file your annual Income Tax Return (ITR) for calendar year ending December 31, 2019 to June 14, 2020.

BIR also extended the deadlines to file other tax documents and pay taxes. For a complete list of extended deadlines, you can refer to RR 11-2020 here.

If the quarantine is further extended then the deadlines under RR 11-2020 will be extended for another 15 calendar days.

Also read: Managing cash flows during a period of crisis


BIR guidelines for filing and paying taxes

BIR also issued guidelines for filing and paying income tax returns for taxable year 2019 in Revenue Memorandum Circular (RMC) No. 42-2020. Taxpayers who will be: (a) filing manually; (b) using Offline eBIRForms Package; (c) or are enrolled under the Electronic Filing and Payment System (eFPS) should pay according to the guidelines in RMC 42-2020, accessible here.

The BIR also issued RMC No. 43-2020 allowing taxpayers to:

  1. Pay internal revenue taxes at the nearest Authorized Agent Bank ("AABs"), notwithstanding Revenue District Office ("RDO") jurisdiction;
  2. File and pay the corresponding tax due to the concerned Revenue Collection Officers of the nearest RDO, even in areas where there are AABs.

The payment of internal revenue taxes in cash should not exceed Php 20,000.00, while those for check payment will have no limitation if the same is made with the RCO in the district office during the quarantine period. In addition, all checks should be made payable to the BIR and the name of the receiving AAB branch may no longer be indicated in the check for tax payment. You can read RMC 43-2020 here.

How this affects you

Be sure to check if your business is required to file any tax return and/or document which has been affected by the above-mentioned extension of deadlines.

If yes, your business can take advantage of the additional time to prepare the requirements and pay according to the BIR guidelines.

Also read: Taxumo launches #ATimeForHope campaign 

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