Do I need to enroll in the BIR’s eFPS?


BPI_C0057_BPI EOL Infographics-23 Transfer to Enrolled Accounts_BIR eFPS or Electronic Filing and Payment System is a facility provided by the Bureau of Internal Revenue for a fast, convenient and paperless tax filing and payment using web browser and internet connection.

But who are required to enroll in the eFPS facility? Not all are required, only those the are listed below are the mandatory to enroll in the eFPS.

Large Taxpayers (RR#2-2002);

  • Top 10,000 Corporations (RR#5-2004);
  • Top 20,000 Corporations (RR#3-2009);
  • Insurance Companies and Stockbrokers (RMC#71-2004);
  • Corporations with paid-up capital stock of 10 Million and above (RR# 10-2007);
  • Corporations with complete computerized system (RR#10-2007);
  • All Government Bidders pursuant to EO 398 as implemented by (RR# 3-2005);
  • Top 5,000 Individual Taxpayer (RMC# 69-2009);
  • Philippine Economic Zone Authority (PEZA) (RR 1-2010);
  • Licensed Local contractors  (RR 10-2012);
  • National Government Agencies  mandatorily required to use the Electronic Tax Remittance Advice (RR 1-2013);
  • Taxpayer Account Management Program (TAMP) and accredited importers, including prospective importers required to secure the Importer Clearance Certificates (ICCs) and Customs Broker Clearance Certificates (BCCs) (RR 10-2014); and
  • Those required to secure the BIR-ICC and BIR-BCC (RMO 10-2014)

However, if you are not one of those identified but have the intention of using eFPS, you can submit a Letter of Intent addressed to the Revenue District Office (RDO) where you are registered, for proper evaluation and approval.  You can only enroll and eventually log on to the eFPS website upon approval of your application. Please coordinate with the Taxpayer Service Section (TSS) of your RDO.

Here are the requisites for the availment of the eFPS system:

  • Taxpayer Identification Number (TIN) should be registered in our BIR Integrated Tax System;
  • Certification authorizing any of the two (2) officers designated to file the return under Section 52 (A) of the Tax Code (President or other principal officer, and Treasurer or Assistant Treasurer of the Corporation) who shall enroll for the system usage;
  • Enrollment to eFPS;
  • Enrollment to eFPS Authorized Agent Bank (AAB);

Here are the steps in enrolling to EFPS:

Step 1:  Access BIR website at www.bir.gov.ph, using your internet browser.

Step 2: Click on “eFPS” icon to go the the eFPS home page.

Step 3: From the eFPS Login page, click on “Enroll to eFPS” link.

Step 4: The eFPS enrollment form appears. Complete the required fields on the Enrollment Form page. Then, click on the “Submit” button.

Afterwards, the system will inform you that your enrollment has been successfully received. Then you have to wait for an e-mail message from BIR informing you of the status of your enrollment – whether approved or disapproved.  Once your account has been activated, you are ready to e-file and e-pay, and perform all the functions within eFPS.

It is important, however, for you to remember your username and password, as well as the answer to the challenge question.  Keep the answer to yourself.  Do not make it easy to guess, nor write it down.

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The BIR Rush and the eFPSyntax of 2012


Yesterday’s tax filing a.k.a. Annual Income Tax Return (1702 for Corporations and Partnerships) was a total rush! Is it? Or it was a total havoc? Of course, in any system that is under a transition process will always experience some sort of glitches.

Anyhow, the issuance of Revenue Memorandum Circular (RMC) No. 10-2012, the Bureau of Internal Revenue (BIR) has provided the transition procedures for all Electronic Filing and Payment System (eFPS) filers in using the enhanced income tax return (BIR Form Nos. 1700, 1701, and 1702-November 2011 version).

Now, if you have filed your ITR via eFPS you will notice that the system automatically computes for the tax due at 30% of the taxable net income or 2% of gross income whichever is higher. Further, you need to encode itemized deduction so that the system will capture operating expenses, truly; disclosure of direct cost and opex is so necessary. It’s an easy step basically should a filer or taxpayer had done this prior to the April 16 deadline.  April 15 is a Sunday that is why…

The problem though is the attachment that is needed for the system to validate the transaction is somehow had glitches.  Some taxpayers who filed via eFPS easily uploaded their ITR and accepted by the system even without the attachment. The syntax as provided by Revenue Memorandum Circular (RMC) No. 15-2012 in naming the attachment is quite unclear, especially the statement “where 000 is the branch code.” Other taxpayers understand this naming convention as the “000” shall be substituted by the “branch code per se.”  For example RDO Code 044. But the thing is, there is NO need to change the 000 as the branch code.

Anyhow, until next time… for another BIR rush.

Revenue Regulations No. 19-2011


BIR issued Revenue Regulations No. 19-2011 on December 9, 2011 prescribing the new Income Tax forms that will be used for Income Tax Filing covering and starting with Calendar Year 2011, modifying Revenue Memorandum Circular No. 57-2011.

RR19-2011

Hey, what about BIR Revenue Regulations (RR) 15-2010!


Hear ye, hear ye, hear ye!

Guys and gals, lend me your ears…

So, what about the BIR RR 15 of 2010?

Well, this is the new regulation by the BIR providing for additional requirements in financial statements attached to returns such as the amount of input value-added tax (VAT) claimed, including details on purchases and payments; landed cost of imports and amount of customs duties and tariffs paid; as well as tax cases under preliminary investigation, litigation or prosecution and the amounts involved.

Anyhow, I heard the BUREAU of Internal Revenue (BIR) will hold dialogues with corporations and accountancy firms to “clarify” provisions of Revenue Regulations (RR) 15-2010 that require additional information for financial statements that are attached to income tax returns.

Here is the link to the Schedule of Public Hearings/Consultations

Let us wait and see what will happen next.