What is the difference between BIR Form 1701 and BIR Form 1701A? Which ITR should I use? What is tax exemption and how can I apply for one? Can I get an ITR if I’m a freelancer? How? How can I file my income tax return and pay for my taxes? What are the different modes of payment that I can choose from to pay my income tax? Non-filing of ITR is punishable by the law. Use an online tax preparation service for easier tax filing. File your tax returns at the correct venue. File and pay taxes at least three days before the deadline. Electronic Filing and Payment System (eFPS). How To File Income Tax Return in the Philippines: 3 Ways.Annual income tax filing using BIR Form 1701Q. Annual income tax filing using BIR Form 1701A. Annual income tax filing using BIR Form 1701. Annual income tax filing using BIR Form 1700. What Are the Tax Forms and Requirements Needed When Filing an Income Tax Return?.

Who Are Exempted From Paying Income Tax?.Taxpayers whose sole income has been subjected to final withholding tax. Employees qualified for substituted filing. Employees whose income tax has been withheld correctly. Employed and self-employed individuals with an annual taxable income of Php 250,000 and below. Who Is Not Required To File an ITR in the Philippines?.Who Are Required To File an ITR and Pay Taxes?.

Go back to the main article: How to File and Pay Taxes: An Ultimate Guide to Philippine Tax Table of Contents Whether you’re a fresh graduate or a first-time business owner, this guide will give you all the basics of the income tax return and how to file for one.ĭisclaimer: This article is for general information only and is not substitute for professional advice. If you’re one of those who are confused about the whole tax filing process, don’t fret. This article has been reviewed and edited by Miguel Dar, a CPA and an experienced tax consultant who specializes in tax audits.įiling taxes is like washing your dishes.

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