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The Philippine Tax Whiz addresses the frequently asked questions discussed on Revenue Memorandum Circular 87-2024 on Tax Filing Returns and Payment of Taxes pursuant to the Revenue Regulations No. 4-2024 under the Ease of Paying Taxes Act
I’m already using the electronic Filing and Payment system or eFPS website. Can I still use the eBIRForms app to file my tax returns?
Yes, but only in certain instances. As specified in RMC No. 87-2024, if you’re already using the eFPS , you should keep using it. However, if the eFPS isn’t working and there is an advisory on the unavailability of the system, or you can’t access it for any other justifiable reason, you can use the eBIRForms to file your tax returns.
If neither eFPS nor eBIRForms are available, you can file your tax returns manually and pay at a revenue collection officer or authorized agent bank (AAB). Note that RCOs can only accept cash payments up to P20,000. For amounts over that, you’ll need to pay by check.
Apart from eFPS, are there other online apps that I can use?
Yes, there are other online platforms where you can conveniently pay your taxes, such as Link.Biz Portal, Development Bank of the Philippines (DBP) Pay Tax Online, Union Bank of the Philippines (UBP) Online, MyEG using credit cards or e-wallets such as GCash, Maya, GrabPay, or ShopeePay. Additionally, you can use the MAYA mobile application.
I paid my taxes to an authorized agent Bbnk outside the jurisdiction of my RDO, so I can file and pay on time. Do I get penalized for this?
No, because the 25% surcharge for “wrong venue” filing shall no longer be imposed upon taxpayers who manually paid their taxes to an AAB outside the jurisdiction of their RDO as this has been removed under the EOPT Act.
Are there any other guidelines for issuing checks as a mode of tax payment?
Yes, there are guidelines for preparing checks based on whether you are paying in an AAB or an RCO. Here’s what you need to do:
If an AAB’s system is offline, the check can be transferred to another branch of the same AAB, with the new branch name, taxpayer’s name, and TIN on the back of the check.
Keeping up with the latest revenue updates is hard. If you want to know more about how the EOPT has streamlined tax payments for you and your business, CONSULT ACG. – Rappler.com
