Outsourcing brief Q2 2015 > BIR updates > DOLE updates > SSS updates > PhilHealth updates > SEC updates > About P&A Grant Thornton BIR updates RMC No. 24, s2015: Submission of 3. Copies. The withholding agent has the separately saved and the file named using scanned copies of BIR Form Nos. 2307 option to issue only one BIR Form this format: and 2316 2307 to cover more than one income Bonifacio Mfg. > BIR updates In this Circular, the Bureau of Internal payment to the same taxpayer even if Corp_131885880000_09312014_1 subject to different rates. Taxpayers are Bonifacio Mfg. > DOLE updates Revenue (BIR) clarified the pertinent provisions of Revenue Regulation (RR) still required to retain the hard copy of Corp_131885880000_09312014_2 > SSS updates No. 2, s2015 on the submission of scanned the said forms for validation during tax Bonifacio Mfg. audit. If needed, taxpayers may request Corp_131885880000_09312014_3 > PhilHealth copies of BIR Form Nos. 2307 (Certificate of updates Creditable Tax Withheld at Source) and 2316 for a certified true copy of the scanned b. The printing of the logo of the BIR or of (Certificate of Compensation Payment/ Tax forms provided that they pay the the taxpayer on the label of the DVD-R is > SEC updates Withheld) to the concerned BIR office in lieu certification fee and the corresponding not mandatory. > About P&A of hard copies. Documentary Stamp Tax. c. There is no prescribed paper size for Grant Thornton 1. Coverage. The requirement covers 4. Signatories. The authorized signatories printing these forms provided that all only taxpayers registered with the for the notarized certification and the information required must be captured Large Taxpayers Service (LTS). The DVD-R containing the soft copies of clearly. option is open for non-LTS taxpayers the BIR forms are: d. The taxpayer may use any device available but the option shall be irrevocable. a. For corporate entities —any of (flatbed scanner, camera, etc.) in capturing 2. Effectivity. The effectivity falls on the principal officers designated the images of the BIR forms provided that 21 March 2015. However, for initial through a Board Resolution and the images are saved in “PDF” formats in implementation and to give ample sworn to by such officer and by the DVD-R. time to comply with the technical the corporate treasurer of assistant e. For purposes of readability, the minimum requirements: treasurer. resolution for the images should be 200 a. For quarterly income tax returns b. For individual taxpayers—the dots-per-inch set to black and white. (ITRs) with deadline on 30 April attorney-in-fact as evidenced f. The DVD-R should be single-sided and 2015: taxpayers can submit BIR by a notarized Special Power of single-layered. Form 2307 either in hard or Attorney issued for the purpose by 6. Penalties. Failure to comply with the scanned copies. the individual taxpayer. requirements of RR No. 2, s2015 shall be b. For fillings with deadlines falling 5. Technical specifications punishable with the penalty specified under beyond 30 April 2015: taxpayers a. If several certificates were issued Section 250 of the NIRC of 1997 and the must submit BIR Form 2307 in to the same taxpayer in the same compromise penalties specified under RMO scanned copies. taxable period, these should be No. 7, s2015. Outsourcing brief – Q2 2015 2 BIR updates RMC No. 31, s2015: Availability of Step 4. Click SUBMIT: It is further reiterated that taxpayers mandated eBIRForms Package Version 5.0 4.1 If successful, taxpayer will be to efile but have already filed manually their The eBIRForms Package Version 5.0 has been redirected to eBIRForms home page ITRs for 2014, are required to electronically > BIR updates made available and downloadable online from and follow further instructions. file on or before 15 June 2015. > DOLE updates any of the following sites: 4.2 If unsuccessful, click FINAL COPY a. www.knowyourtaxes.ph; button to use an alternative mode To see the full versions of the circulars, please > SSS updates b. www.dof.gov.ph; of electronic submission and an visit the BIR website at www.bir.gov.ph. > PhilHealth c. Dropbox using this link: email confirmation will be received updates http://goo.gl/UCr8XS by the taxpayer. For those who are d. www.bir.gov.ph not yet enrolled to the eBIRForms > SEC updates System, it is required to fully and > About P&A All the thirty-six (36) tax returns available in unconditionally agree to the Terms of Grant Thornton the package can be filed by following the steps Service Agreement (TOSA). below: Step 1. DOWNLOAD, INSTALL and The package can be used by the eFPS filers RUN eBIRForms Package version 5.0; to fill-up the tax returns offline and submit Step 2. FILL-UP directly by encoding data to eFPS without the need to click on FINAL in the tax return; COPY (currently applicable for BIR Form Step 3. Click VALIDATE after Nos. 1700, 1701, 1702-RT, 1702-EX, 1702- accomplishing the tax return. If there are MX, 2200A and 2200T). Tax payments can changes to make, click EDIT button. Make be made through Authorized Agent Banks sure to validate after every changes made. (AABs), Collection Officers, Online Payment through selected AABs (Online Retail Banking) or GCash (up to P10,000) per RMO No. 20, s2005. Outsourcing brief – Q2 2015 3 DOLE updates Wage Order No. RB IVB-07: New minimum - P5 for Agriculture in all sectors of all areas in city (Puerto Princesa) wage rates in Region IV-B the Region - P10 for Non-Agriculture Establishments The DOLE-RTWPB of Region IV-B issued - P5 for All Mining Companies regardless of with 10 workers and below in areas of > BIR updates Wage Order No. RBIV-07 mandating the location Calapan City, Puerto Galera, El Nido and Coron; first class municipalities > DOLE updates integration of P5 COLA under previous Wage Effective 1 May 2016 (3rd tranche): Order No. RBIV-06 and increasing the basic - P5 for Non-Agriculture Establishments with of MIMAROPA and in the rest of the > SSS updates wage by P5 to P30. Region IV-B covers the more than 10 workers in areas of Calapan Region - P5 for Agriculture in first class > PhilHealth provinces of Occidental Mindoro, Oriental City, Puerto Galera, El Nido and Coron; and updates Mindoro, Marinduque, Romblon and Palawan, in first class municipalities of MIMAROPA municipalities of MIMAROPA; and in otherwise known as MIMAROPA, including the - P10 for Non-Agriculture Establishments the rest of the Region. > SEC updates city of Calapan and the highly urbanized city of with more than 10 workers in the rest of the > About P&A Puerto Princesa. Region Grant Thornton - P5 for Non-Agriculture Establishments with The new basic wage increase ranging from P5 to 10 workers and below in highly urbanized P30 will be given in 4 tranches: city (Puerto Princesa); and in areas of Effective 3 July 2015 (1st tranche): Calapan City, Puerto Galera, El Nido and - P5 for all sectors in all areas in Region IV-B Coron - Setting the daily minimum wage of P280 for - P8 for Non-Agriculture Establishments all mining companies regardless of location with 10 workers and below in first class Effective 1 November 2015 (2nd tranche): municipalities of MIMAROPA; and in the - P5 for Non-Agriculture Establishments with rest of the Region more than 10 workers in all sectors of all - P5 for Agriculture in first class municipalities areas in the Region of MIMAROPA; and in the Rest of the - P5 for Non-Agriculture Establishments with Region 10 workers and below in highly urbanized Effective 1 November 2016 (last tranche): city (Puerto Princesa); areas of Calapan City, - P10 for Non-Agriculture with more than Puerto Galera, El Nido and Coron; and first 10 workers in first class municipalities of class municipalities of MIMAROPA MIMAROPA; and in the rest of the Region - P7 for Non-Agriculture with 10 workers and - P5 for Non-Agriculture Establishments with below in the rest of the Region 10 workers and below in highly urbanized Outsourcing brief – Q2 2015 4 DOLE updates Effective 3 July 2015 (1st tranche): Current daily minimum wage rates Region IV-B, Mimaropa Per Wage Order No. RBIV-B-07 Effective 3 July 2015 AREAS Highly urbanized city Calapan City, Puerto Galera, First class municipalities The Rest of the Region (Puerto Princesa) El Nido & Coron of MIMAROPA Sector/industry > BIR updates Basic wage Basic Basic wage Basic wage Basic wage New minimum Basic wage New minimum Basic wage New minimum Basic wage New minimum after COLA wage after COLA after COLA after COLA wage rate increase wage rate increase wage rate increase wage rate > DOLE updates integration increase integration integration integration > SSS updates NON-AGRICULTURE > PhilHealth Services P 275 P 5 P 280 P 270 P 5 P 275 P 260 P 5 P 265 P 255 P 5 P 260 updates Establishments with more than 10 workers > SEC updates Establishments with 10 215 5 220 210 5 215 207 5 212 205 5 210 workers and below > About P&A Grant Thornton AGRICULTURE 225 5 230 225 5 230 215 5 220 215 5 220 All mining companies 280 (regardless of location) Effective 1 November 2015 (2nd tranche): Areas Highly urbanized city Calapan City, Puerto Galera, First class municipalities The Rest of the Region (Puerto Princesa) El Nido & Coron of MIMAROPA Sector/industry Basic wage New minimum Basic wage New minimum Basic wage New minimum Basic wage New minimum increase wage rate increase wage rate increase wage rate increase wage rate NON-AGRICULTURE Services P 5 P 285 P 5 P 280 P 5 P 270 P 5 P 265 Establishments with more than 10 workers Establishments with 10 5 225 5 220 5 217 7 217 workers and below AGRICULTURE