Fill in the required information and the mode of payment then click Submit.And you know you have to go through with it or youll have to deal with the repercussions.
Often times, there will be a long line of tax payers which will put your patience to a test. This includes the tax agency which now has the facilities to allow you to file tax returns online in the Philippines. The Bureau of Internal Revenue or the BIR is the tax collecting agency of the Philippines. Ebirforms Manual Filing SystemFor years, people have endured its manual filing system which has been cumbersome and tedious especially for those who have to make the deadline. In response to public clamor for greater efficiency and given the available technology, the BIR has introduced two (2) methods for filing tax returns online. Electronic Filing and Payment System (eFPS) Under Revenue Regulations No.9-2001, the BIR introduced the eFPS as an online facility for taxpayers to transmit their tax return information including attachments required by the government. Who can use the eFPS This was conceptualized to primarily accommodate the largest tax payers in the country. But the system was further developed and is presently available to all taxpayers. But there are taxpayers who are mandated by law to use the eFPS. These are as follows: Taxpayer Account Management (TAMP) Taxpayers. Accredited Importer and Prospective Importer required getting the necessary BIR-ICC and BIR-BCC. Corporations with paid-up capital stock of over Php10 Million. Corporations with Computerized Accounting Systems. Procuring Government Agencies with respect to withholding of VAT and Percentage Taxes. Interactive; online user immediately gets feedback on all processing whether filing, enrolling or transacting e-payments. Fewer incidents of errors because all entries can be reviewed and validated by the taxpayer before submitting. Accessible 247. Highly secure; all data transmission processes are high-encrypted. The associated cost of returns are minimized therefore eFPS is more cost effective. All e-filed tax returns with corresponding Filing Reference Number or FRN shall be considered stamped by the BIR except for Annual Income Tax Returns. Here is the list of procedures for using the eFPS: Enroll for the eFPS by accessing the BIR e-Lounge or the BIR website. You will be required to maintain an online banking facility that is integrated with the eFPS. You will be given the FRN once the information has been received. If there is a default payment indicated, the next step is to click the Proceed to Payment button located below the FRN.
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