The Bureau of Internal Revenue (BIR) is urging taxpayers to file their 2024 Annual Income Tax Returns (AITR) ahead of the April 15, 2025 deadline to avoid penalties. Emphasizing the theme “Buwis na Tapat, Tagumpay Nating Lahat,” the BIR encourages voluntary compliance to support the country’s economic recovery and development.  

Filing Options: 

• Online Platforms: 
  • Electronic Filing and Payment System (eFPS): Ideal for large taxpayers and mandated entities. 
  • Electronic BIR Forms (eBIRForms): Suitable for self-employed individuals, professionals, and mixed-income earners. 

• Manual Filing: 
  • Authorized Agent Banks (AABs): Accept over-the-counter payments. 
  • Revenue District Offices (RDOs): Revenue Collection Officers (RCOs) are available for assistance. 

Steps to File Your AITR: 

•  Choose the correct tax form: 
  • BIR Form 1700 – For employees earning purely compensation income. 
  • BIR Form 1701A / 1701 – For self-employed individuals and professionals. 
  • BIR Form 1702 – For corporations, partnerships, and non-individual taxpayers. 

• Compute your taxable income and deductions to avoid errors. 

• Submit your return via online platforms or manual filing. 

• Pay your tax dues through online banking, mobile wallets (GCash, Maya), or bank over-the-counter payments. 

• Keep a copy of your BIR-stamped ITR and payment confirmation as proof of compliance. 

For a detailed step-by-step guide on filing your Income Tax Return (ITR), visit our article: Learn How to Properly File Your Income Tax Return in the Philippines 

For inquiries, taxpayers can reach out to the BIR through its chatbot “Revie” or visit the BIR website 

Take note:  

• Avoid Penalties: Timely filing prevents fines, surcharges, and legal consequences. 

• Utilize Online Platforms: They offer faster and more convenient filing options. 

• Seek Professional Assistance: Consulting with tax professionals can ensure accurate and compliant filing. 

At UNA Tax and Accounting Services, we offer comprehensive support to ensure your tax compliance: 

• Tax Filing Assistance: Guidance on accurate and timely AITR submission. 

• Tax Planning and Advisory: Strategies to optimize tax obligations. 

• Bookkeeping and Financial Reporting: Maintaining accurate financial records. 

• BIR Audit Support: Assistance during tax audits and investigations. 

Contact us today to ensure your business meets all BIR tax regulations and remains penalty-free! Schedule a FREE consultation with us today!  

Source: GMA News Online