How to File Quarterly Percentage Tax Return (BIR Form 2551Q) | How-To
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How to File Quarterly Percentage Tax Return (BIR Form 2551Q) | How-To
IMPORTANT UPDATE: In general, the percentage tax rate for NonVAT Registered (Individual or Entity) is 3%. However, under the CREATE LAW that was passed last March 2021, effective July 1, 2020 until June 30, 2023, a lower percentage tax rate of 1% applies. Therefore, beginning July 1, 2023, the old tax rate of 3% should apply. This tutorial only ...
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