Monthly VAT and Percentage Tax Made Simple
Understanding VAT and Percentage Tax in the Philippines
Businesses in the Philippines are generally required to file either Value Added Tax (VAT) or Percentage Tax depending on their registration and revenue thresholds.
VAT registered companies must file regular VAT returns and maintain detailed documentation, while non VAT businesses may be subject to percentage tax filings instead.
Both systems require accurate accounting records, proper calculations, and timely submission to the Bureau of Internal Revenue to avoid penalties.
Why Monthly Tax Filing Can Be Challenging
Tracking taxable transactions accurately
Calculating VAT payable or percentage tax correctly
Preparing BIR returns and reports
Meeting filing deadlines
Reconciling accounting records
Avoiding penalties from late or incorrect filings
A Better Way to Handle Tax Compliance
VAT filings
Percentage tax filings
Accounting and bookkeeping
Withholding tax requirements
Payroll compliance
Financial reporting and records
Ongoing regulatory deadlines
Predictably boring in the best possible way.
Because compliance should run quietly in the background while you focus on growing your business.
Dedicated Experts Supporting Your Business
Your Client Success Manager
A bookkeeper and accountant
A tax compliance specialist
A payroll specialist
Speak With Our Team
If you need help managing VAT or percentage tax filings in the Philippines, or want an easier way to handle your accounting and compliance overall, our team is ready to help.
We will guide you through the process and help you choose the right support for your business.