Guide for BMBE Registered Taxpayers

Guide for BMBE Registered Taxpayers 
Non-VAT
Gross Annual Sales 3Million and below

Tax Types:
Percentage Tax and Individual Income Tax

Quarterly Percentage Tax for the year 2024
BIR Form 2551Qv2018
ATC PT010   Vat Exempt  3%

First Quarter (January 1 to March 31) - 

Deadline of Filing and Payment: April 25, 2024
Click to watch tutorial video

Second Quarter (April to June) 
Deadline of Filing and Payment: July 25, 2024
Click to watch tutorial video

Third Quarter (Jul to Sep)
Deadline of Filing and Payment: October 25, 2024
Click to watch tutorial video

Fourth Quarter (Oct to Dec) 
Deadline of Filing and Payment: January 25, 2025
Click to watch tutorial video

Annual Income Tax Return

BIR Form 1701v2018

January to December 2024:

Deadline of Filing and Payment: April 15, 2025

Click to watch tutorial video

Other Compliance Requirements:

Must keep Books of Accounts and other accounting records.

Must prepare Annual Financial Statements as attachment to ITR.

Must submit Income Tax Return with Attachments to RDO or 

thru Electronic Audited Financial Statements (eAFS) portal of BIR.

Must submit Inventory List - Deadline of Submission: Jan. 30, 2025

How to Avail 8% Income Tax Rate thru ORUS

    Guide for self-employed individual taxpayers on how to avail the     8% Income Tax Rate Option thru ORUS Online Registration and         Update System

     Log in to your ORUS Account

     Click Secondary Registration

        

    Click Correction/Change/Update of Information

    Choose Head Office or Branch

    Click Validate

  

     Information to Update

     Tick Avail 8% Income Tax Rate Option

         Click Ok

   

       Agree to all terms and conditions

  

    Congratulations!

Guide for Taxpayers who availed 8% Income Tax Rate thru ORUS Online Registration and Update System

Tax Types

Quarterly Income Tax BIR Form 1701Q

Annual Income Tax BIR Form 1701A

Quarterly Income Tax for the year 2024

BIR Form 1701Q

First Quarter (January to March, 2024) - deadline May 15, 2024

https://youtu.be/YVtTfxcmA84

(Sample just change the year to 2024)

Second Quarter (April to June) - deadline August 15, 2024

https://youtu.be/hlhKJdPIq9o

Third Quarter (July to September) - deadline November 15, 2024

https://youtu.be/HXIvPZJRCsw

No Fourth Quarter 1701Q

Annual Income Tax Return

Bir Form 1701A

January 1 to December 31, 2024 - deadline April 15, 2025

Sample Video  Annual Income Tax for the year 2023:

https://youtu.be/Fv-X2qgbCAA