Jb_preloved

December 23, 2024

Tax Tidbits:

If you are a purely compensation income earner in the Philippines, and your income is derived solely from one employer within a calendar year, you may not need to file an Annual Income Tax Return (BIR Form 1700)!

Instead, your employer files a BIR Form 2316 on your behalf, which serves as your substituted filing. This applies if:
• You had no other sources of income.
• The correct taxes were withheld by your employer.

Always check your Form 2316 for accuracy and keep it for your records. It’s your proof of compliance!

Be informed, stay compliant!

MAONG SHORTS- P99

MML STUDIO MAONG SKIRT- P200