1. You are a Filipino citizen living in the Philippines, receiving income from sources within or outside the Philippines, and if:
- You are employed by two or more employers, any time during the taxable year
- You are self-employed, either through conduct of trade or professional practice
- You are deriving mixed income. This means you have been an employee and a self-employed individual during the taxable year
- You derive other non-business, non-professional related income in addition to compensation income not otherwise subject to a final tax
- You are married, employed by a single employer, and your income has been correctly withheld – the tax due is equal to the tax withheld – but your spouse is not entitled to substituted filing
- You are a marginal income earner
- Your income tax during the past calendar year was not withheld correctly – if the tax due is not equal to the tax withheld
2. You are a non-resident citizen – if you are a Filipino who works or resides abroad and receiving income from sources within the Philippines. Note, however, that you are taxable only for the income you earn from the Philippines.
3. You are not a Filipino citizen but you receive income from sources within the Philippines, regardless of your residency. You are taxable only for the income you earn from the Philippines.
4. Domestic corporations (including partnerships) receiving income from sources within and outside the Philippines.
5. Foreign corporations (including partnerships) receiving income from sources within the Philippines.
6. Estates and trusts engaged in trade or business.
File ITR using eFPS if you are:
- Large taxpayers duly notified by the BIR
- Top 20,000 private corporations duly notified by the BIR
- Top 5,000 individual taxpayers duly notified by the BIR
- Taxpayers who wish to enter into contracts with government offices
- Corporations with paid-up capital stock of P10 million ($224,517.32)
- PEZA-registered entities and those located within Special Economic Zones
- Government offices, in so far as remittance of withheld Value Added Tax (VAT) and business tax is concerned
- Per Revenue Regulations 10-2014, Taxpayer Account Management Program (TAMP). Taxpayers, whether individual or juridical entities, who have been identified by the Revenue District Office (RDO) based on selection criteria pursuant to existing revenue issuances
Non-eFPS filers covered by RR 5-2015 are mandated to use the eBIR to file their ITR. These are:
- Accredited tax agents/practitioners and all its client-taxpayers
- Accredited printers of principal and supplementary receipts/ invoices
- One-Time Transaction (ONETT) taxpayers
- Those who shall file a “no payment” return
- Government-owned or controlled corporations (GOCCs)
- Local Government Units (LGUs), except barangays
- Cooperatives registered with National Electrification Administration (NEA) and Local Water Utilities Administration (LWUA)
The following taxpayers may file manually “no payment returns” to the RDO where registered using officially printed forms/photocopies or electronic/computer-generated returns:
- Senior Citizen (SC) or Persons with Disabilities (PWD) filing for their own ITR
- Employees deriving purely compensation income and the income tax of which has been withheld correctly showing tax due is equal to tax withheld whether single or multiple employers (with two or more employers concurrently and successively at any time during the taxable year)
- Employees qualified for substituted filing under RR 2-98 Sec. 2.83.4, as amended, but opted to file for an ITR and are filing for purposes of promotion (Philippine National Police /Armed Forces of the Philippines), loans, scholarship, foreign travel requirements, etc.
You are not required to file an ITR if:
- You are a minimum wage earner.
- Your gross income (total earned for the past year) does not exceed your total personal and additional exemptions.
- Your income derived from a single employer does not exceed Php60,000 and the income tax on which has been correctly withheld.
- Your income has been subjected to final withholding tax.
- You are qualified for substituted filing.
1. You are a non-resident citizen who is:
- A Filipino citizen not residing in the Philippines, but who has established with the BIR that you wish to remain living outside the country.
- A Filipino citizen who leaves the Philippines during the taxable year to reside abroad, either as an immigrant or for permanent employment.
- A Filipino citizen who works and earns income abroad.
- A Filipino citizen previously considered a non-resident citizen.
2. You are an overseas Filipino worker whose income is derived solely from sources outside the Philippines.
3. If you are a Filipino citizen working as an overseas seaman, your vessel must be engaged exclusively in international trade.
The deadline for filing your Income Tax Return (ITR) for the Taxable Year 2014 will be on Wednesday, April 15, 2015.
Please do note that every individual or entity required to file his/its income tax return and pay his/its corresponding income tax due is expected to beat the deadline to avoid being penalized and imposed with additional charges of about 25% to 50% surcharge, 20% interest per annum and the Php1,000 compromise penalty for non-filing and/or non-payment of taxes.
I know, many of us find the new BIR tax filing system burdensome and full of loopholes. Still, I'd like to encourage all taxpayers to be vigilant and to call BIR offices for assistance.
NOTE: Please do not deal with fixers or entrust the filing of your ITR to anybody.
Please remember, filing of ITR and paying the right taxes is our civic duty as Filipino citizen.
This is not a sponsored post. I did not receive any compensation for this post. I just like to remind you my dear readers about the deadline of filing of ITR.