HCR Bookkeeping Services

The Bureau of Internal Revenue Philippines (BIR) has recently issued Revenue Memorandum Circular (RMC) No. 46-2026, providing a deadline extension for the submission of 2025 Audited Financial Statements (AFS) and other attachments via the eAFS facility.

Taxpayers who were unable to submit by May 15 due to system errors, or those who used the contingency email but did not receive an acknowledgment, now have until May 25, 2026, to submit or re-submit their documents via eAFS without penalties.

Please be guided that this is strictly an extension for eAFS attachments, not the Annual Income Tax Return.

Source: BIR website

Thank you all for working with us during your internship. I hope you’ve learned a lot about the real world of accounting and the nature of actual work. Keep studying and make your parents proud. Good luck!