Taxes

 

The deadline for filing tax returns is the April 30. Payments made after April 30 will attract interest.from May 1 at the rate of 20 per cent per annum. The BIR said the final tax is the balance due on April 30—the difference between quarterly installments due and total tax liability. The Ministry of Finance said it has stopped posting tax return forms in the mail. Instead they are available for download on the BIR’s Web site, or can be collected at BIR offices. 

 

For more information you can visit the Board of Inland Revenue through  following link