The BIR extends the deadline for filing of Annual Income Tax Returns to 15 May 2020 and other documents in light of the enhanced community quarantine
Client Alert - 30 March 2020
The Bureau of Internal Revenue extends the deadline for filing of Annual Income Tax Returns to 15 May 2020 and other submissions
The Bureau of Internal Revenue ("BIR") has extended the submission and/or filing of the following requirements under the Tax Code in view of the suspension of work in all offices under the Executive Branch of government from 17 March 2020 to 13 April 2020, including any extension thereto, due to the imposition of the Enhanced Community Quarantine ("ECQ") as follows:
|
Filing |
Original deadline |
New deadline |
|
2019 Annual Income Tax Return and its required attachments |
15 April 2020 |
15 May 2020 As per Revenue Memorandum Circular No. 28-2020. Available here |
|
Letter Answer to Notice of Informal Conference |
As indicated in the relevant BIR letter/correspondence your business received |
Extension of 30 days from the date of the lifting of the ECQ Note: The extension only applies if the original deadline falls within the period of the ECQ As per Revenue Memorandum Circular No. 31-2020. Available here |
|
Response to Preliminary Assessment Notice |
||
|
Protest Letter to Final Assessment Notice (FAN) / Formal Letter of Demand (FLD) |
||
|
Submission of relevant supporting documents to support the request for re-investigation of audit cases with FAN/FLD. |
||
|
Appeal / Request for Reconsideration to the Commissioner on the Final Decision on Disputed Assessment |
||
|
Other similar letters and correspondences |
||
|
Applications for VAT refund of unutilized input VAT attributable to zero-rated sales made during the quarter ended 31 March 2018 |
31 March 2020 |
On or before 30 April 2020 The 90-day period of processing VAT refund claims for applications received from 16 March 2020 to 14 April 2020 is suspended. The counting of the number of processing days will resume after the lifting of the ECQ As per Revenue Memorandum Circular No. 27-2020. Available here. |
The BIR has also extended the deadline to file other tax returns and payment of taxes in Revenue Memorandum Circulars No. 29-2020 and 30-2020 (available here and here respectively).
How this affects you
Be sure to check if any tax return and/or document your business is required to submit to the BIR from now until the next month is affected by the above-mentioned extension of deadlines.
If yes, your business can take advantage of the additional time to prepare the requirements and you will not have to unnecessarily pressure yourself and your business during these challenging times.
Regards,
The Legal Tree team
Email: CustomerSupport@legaltree.ph
Facebook: https://facebook.com/LegalTreePh
LinkedIn: https://www.linkedin.com/company/legal-tree
Website: www.legaltree.ph
