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
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Third Quarter (Jul to Sep)
Deadline of Filing and Payment: October 25, 2024
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Fourth Quarter (Oct to Dec) 
Deadline of Filing and Payment: January 25, 2025
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Annual Income Tax Return

BIR Form 1701v2018

January to December 2024:

Deadline of Filing and Payment: April 15, 2025

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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