Last updated on August 2nd, 2022
Currency | PHP |
Payroll cycle | Monthly, 13th salary paid on or before 24 December |
Employer taxes | 11.75% |
Minimum wage | Region and job specific, from PHP306 to PHP610 a day |
Working hours | 8 hours a day, 5 days a week |
NOVEMBER 2024
Nation Wide Holiday for Philippines 2025
MARCH 2024
RMC No. 25-2024 - Pertinent Provisions of RMC No. 16-2024 Extending the Deadline of Submission of Alphabetical List of Employees/Payees
JANUARY 2024
HDMF(Pag-IBIG) Contribution Capping Increase to ₱10,000 Effective February 2024 (Revised)
DECEMBER 2023
PhilHealth Contribution Rate Increase to 5% Effective January 2024
HDMF(Pag-IBIG) Contribution Capping Increase to ₱10,000 Effective January 2024
NOVEMBER 2023
Annual and Withholding Tax Table wef Jan 2023
OCTOBER 2023
No Statutory Updates
SEPTEMBER 2023
No Statutory Updates
AUGUST 2023
No Statutory Updates
JULY 2023
No Statutory Updates
JUNE 2023
No Statutory Updates
MAY 2023
Labor Advisory No. 12, Series of 2023 – Payment of Wages for the Regular Holiday on May 01, 2023
RMC No. 62-2023 - Announces the availability of BIR Form Nos. 1604-C, 1604- E, 1604-F and 0620 in the Electronic Filing and Payment System (eFPS)
APRIL 2023
No Statutory Updates
MARCH 2023
No Statutory Updates
FEBRUARY 2023
No Statutory Updates
JANUARY 2023
No Statutory Updates
DECEMBER 2022
Revised Alphalist Format of the BIR Form No. 1604-C
New Schedule of Social Security (SS) Contributions Effective January 2023
NOVEMBER 2022
Annual and Withholding Tax Table wef Jan 2023
OCTOBER 2022
No Statutory Updates
SEPTEMBER 2022
No Statutory Updates
AUGUST 2022
No Statutory Updates
JULY 2022
No Statutory Updates
June 2022
Philippines Minimum Wages Increase
Region II (Cagavan Valley)
Region IV-B (Mimaropa)
Region CAR (Cordillera Administrative Region)
Region VII (Central Visayas)
Region X (Northern Mindanao)
Region XI (Davao Region)
MAY 2022
Philippines Minimum Wages Increase
Region NCR (National Capital Region)
Region I (Ilocos Region)
Region II (Cagavan Valley)
Region IV-B (Mimaropa)
Region V (Bicol Region)
Region VI (Western Visayas)
Region XII (Soccsksargen)
Region XIII (Caraga Region)
New PhilHealth Contribution Effective June 2022
APRIL 2022
Revised BIR Form No. 2316 (Certificate of Compensation Payment/Tax Withheld) September 2021 ENCS
MARCH 2022
No Statutory Updates
FEBRUARY 2022
No Statutory Updates
JANUARY 2022
Reporting of separated employee using the payment reference number facility
DECEMBER 2021
No Statutory Updates
NOVEMBER 2021
No Statutory Updates
OCTOBER 2021
No Statutory Updates
SEPTEMBER 2021
No Statutory Updates
AUGUST 2021
No Statutory Updates
JULY 2021
No Statutory Updates
JUNE 2021
No Statutory Updates
MAY 2021
Advisory on the filing of amended Annual Income Tax Returns (AITR) for taxable period ending December 31, 2020
Circularizing the Updated List of BIR Forms and its Availability
Double pay for work done on Labor Day
CoViD-19 now a compensable work-related disease
APRIL 2021
Clarifying the Deadline for Filing of Annual Income Tax Returns (AITR) for Taxable Year Ending December 31,2020; Providing Guidelines in the Manner of Filing Thereof’ Including the Use of Electronic Signature; and Reiterating Availability of eAFS
MARCH 2021
Filing of Returns as well as Payment of Taxes Due Thereon Falling Within the period March 22,2021 to April30,2021
Guidelines in the Filing of Tax Returns Including the Required Attachments and Payment of Internal Revenue Taxes
Availability of Offline Electronic Bureau of Internal Revenue Forms (eBlRforms) Package Version 7.8
Allowing the Use of Electronic Signature (e-signature) on Certain Bureau of Internal Revenue (BIR) Forms/Certificates and Providing the Policies and Guidelines Therefor
FEBRUARY 2021
Guidelines in the Filing of Tax Returns Including the Required Attachments and Payment of Internal Revenue Taxes
PhilHealth extends payment deadline for employers
Higher pay for Pinoy workers on Feb holidays
Advisory On The Availability Of Job Aid And Software Patch For The Inclusion Of Certain Alphanumeric Tax Codes (Atcs) In The Bir Alphalist Data Entry Program Version 7.0
Extension of the Deadline for the Filing/Submission of the Annual Information Return of Income Taxes Withheld on Compensation and Final Withholding Taxes (BIR Form Nos. 1604-C and 1604-F)
Clarifications on the Filing of BIR Form Nos. 1604-CF, 1604-E and Other Matters
JANUARY 2021
Availability of the Alphalist Data Entry and Validation Module (Version 7.0) and its updated file structures, standard file naming convention and job-aids
DECEMBER 2020
Manual Filing of Tix Returns and Manual Payments of Taxes Due Thereon During Unavailability of the Electronic Filing and Payment System and Due to Typhoon Rolly and Ulysess
Higher pay for workers for December holidays
New Schedule for SSS contribution Effective January 2021
New PhilHealth Contribution Effective January 2021
Revenue Memorandum Circular No. 125-2020 announces the availability of BIR Form No. 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation) January 2018 (ENCS) in the Electronic Filing and Payment System (eFFS)
Pag-IBIG postpones hike of decades-old contribution rate
NOVEMBER 2020
No Recent Statutory Updates
OCTOBER 2020
No Statutory Updates
SEPTEMBER 2020
Pag-IBIG Fund considers postponing increase in decades-old contributions
Regular Holidays and Special (non-working) days for the year 2021
AUGUST 2020
Workers to get double pay on Eid’l Adha
IRIS’ CRR and RFP Modules rolled out
Prescribing Guidelines on the Use of eAFS System for the Submission of Attachments to the Income Tax Returns of Taxpayers with Fiscal-Year Accounting Period and in the Submission of Attachments to the Quarterly Income Tax Returns
JULY 2020
No Statutory Updates
JUNE 2020
Notification regarding persons conducting business through any form of electronic media regarding their tax obligation and registration of business with BIR
Facility for electronic submission of filed 2019 ITRs and required attachment
PhilHealth payment deadline extended further
Pag-IBIG Fund extends remittance deadline for employers to June 30
MAY 2020
Deadline for submission as well as payment of Tax extended
Workers to get double pay on 25 May 2020
APRIL 2020
Deadline for Tax payment and Payment Method
Acceptance of payment of Internal Revenue Taxes during the Enhanced Community Quarantine(ECQ)
MARCH 2020
Filing and Payment of 2019 Annual Income Tax Returns
FEBRUARY 2020
No Statutory Updates
JANUARY 2020
No Statutory Updates
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